Pricing Modelling Consultant at NFU Mutual
SUA, England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

30 Oct, 25

Salary

70000.0

Posted On

31 Jul, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Good communication skills

Industry

Marketing/Advertising/Sales

Description

PRICING MODELLING CONSULTANT

  • Join a people-focused, mutual organisation committed to fair and accurate pricing
  • Lead the development and optimisation of General Insurance pricing models across both personal and commercial lines of business
  • Work from home up to 80% of the time, supporting a healthy work-life balance

ABOUT YOU

We’re looking for a professional with a strong background in general insurance pricing and hands on experience in building and refining pricing models. Proficiency in using Emblem to deliver high-quality pricing outputs is essential, as is experience conducting peer reviews to ensure accuracy and effectiveness. You’ll bring expert knowledge of your market sector, along with in depth understanding of pricing best practices.
We are also looking for you to demonstrate strong ability to forge and manage effective stakeholder relationships and to communication effectively, including the ability to adapt your presenting style to technical and non-technical audiences.
You’ll need to be proactive and able to work effectively on your own initiative whilst also contributing collaboratively to team and company objectives. Prior experience with leading or managing a team, or supporting junior colleagues as a coach or a mentor would be highly advantageous albeit not a pre-requisite for the role.

Key skills we are seeking include:

  • A resilient and continuous improvement mindset
  • The ability to innovate and constructively challenge ideas
  • A customer-focused approach, with a commitment to delivering results

At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.
We recognise that some candidates may experience barriers during the recruitment process. So, we encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process.
We’re proud to be a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory and welcome applications from people of all backgrounds, regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation, or socioeconomic background.

Responsibilities

We have an excellent new opportunity for an experienced professional to join our Loss Cost Modelling team, part of our wider Pricing Department.
In this role, you will lead the development, implementation, and testing of General Insurance pricing models for a defined product range. You will ensure these models meet current and future business requirements and align with agreed standards and strategies. A key focus will be on maintaining market competitiveness through effective control cycles and ensuring pricing accuracy.
You will be responsible for planning and defining price models tailored to specific market sectors, ensuring they are appropriately resourced and deliver the desired outcomes. This includes developing control cycles to test and refresh pricing models regularly, ensuring they remain effective and predictive. Collaborating closely with Underwriting, you will apply expert judgment to inform rates and rating logic with deep market insights.
The role involves identifying and testing data to enhance pricing model performance and predictiveness, as well as challenging the status quo to drive improvements, using different tools and methodologies. You will also build strong, collaborative relationships with the Risk and Street Pricing community, as well as Underwriting teams, to deliver pricing objectives effectively. If you have direct reports, you will lead, motivate, and support them to achieve their potential and contribute to the success of the business.

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