Pricing Innovation and Modelling Consultant
- Employer
- NFU Mutual
- Location
- Stratford-upon-Avon, Midlands, Great Britain
- Salary
- Up to £65,000 per annum + bonus + benefits
- Closing date
- 4 Oct 2024
View more categoriesView less categories
- Sector
- Insurance
- Role
- Consultant
- Contract Type
- Permanent
- Hours
- Full Time
Job Details
- Use your expertise to help us develop competitor and demand modelling
- Benefit from early and increasing involvement in innovative projects
- Part time hours applications welcomed, flexibility to work from home up to 80% of your time
This is an exciting opportunity to join the Pricing Development team, responsible for Demand Modelling and Pricing Innovation, offering the prospect of joining an innovative and inclusive team who share common goals and a collective purpose of giving our members exactly what they want at a fair price.
You'll bring your advanced modelling skills and ability to apply a range of pricing modelling techniques, ideally via writing code in R and using WTW Radar software.
In this role you'll provide a lead in the development, implementation and testing of general insurance demand and competitor models to ensure effective market understanding and to maintain market par capability. This role gives the opportunity for both hands-on individual work and collaboration with others You'll benefit from early and increasing involvement in innovative projects, and with access to senior management and leadership teams, you'll have ample scope and plenty of opportunity to make your mark. Over time, we'll expect you to grow to be a subject matter expert, able to guide others in best practice and manage a small team.
From day one, you'll become a valuable member of the Pricing team and a key contributor to the business, where you'll have a voice, where you can make an impact and where you will continue to grow both personally and professionally. You'll also find a genuine focus on collaboration and support, helping you become the best you can be, whilst at the same time enjoying a breadth and depth of work, we think you'd find hard to beat.
This role is known internally as Pricing Development Consultant
About you
Able to motivate and improve the performance of those around you, you're an accomplished Pricing Modelling specialist who's used to challenging yourself and others to achieve higher levels of quality and output to gain greater results. Ideally with general insurance background in either personal or commercial lines, as well as detailed and up to date knowledge of 'pricing best practice', you have:
- Proven experience of working in a Pricing team, with personal accountability for the technical development of modelling
- Direct involvement in building pricing models, including specific responsibility for the end-to-end design of the model build, whether GLMs/GBMs or Machine Learning methods
- Expert product knowledge for the market sector you're operating in and a proven ability to conduct peer reviews.
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.
Benefits and Rewards
When you join our team,you can expecta supportive cultureandanattractive range ofrewards and benefitsincluding:
- Salary £55,000 - £65,000 per annum depending on experience
- Annual bonus (up to 17.5% of salary)
- Contributory pension scheme, up to 20%, including your 8% contribution
- 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
- A Family Friendly policy that helps you balance your work and family responsibilities
- Access to savings at High Street brands, travel and supermarkets
- £20 contribution to a monthly gym membership - subject to T&Cs
- Health and wellbeing plan- cashback for dentist, opticians, physio and more
- Access to voluntary benefits, including health assessments, private medical insurance and dental insurance
- Employee Volunteering - volunteerin the community for one day each year
- Unlimited access to Refer a Friend £500 bonus scheme
- Life Assurance coverof 4 x salary
- Employee discounts of 15% on a range of NFU Mutual insurance policies.
Working at NFU Mutual
We'reone of the UK's leading general insurance and financial services companies. For over 110 yearswe'veput our customers at the heart of everything we do.Ourpeopleare just as important to us.Wepride ourselves on being "a great place to work" and we're one of only 60 companies across the globe to receive a Gallup Exceptional Workplace 2024 award, and one of only 2 companies to receive the award for the ninth consecutive year. We were also named in the LinkedIn Top 25 Companies List 2021, the Glassdoor Best Places to Work UK List 2023 and 2024, and were recognised as a certified UK Top Employer by the Top Employers Institute in 2023 and 2024.
We offer a supportive culture where we empower and inspire our people to perform, offer them opportunities to grow, and recognise and reward their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable, so we are successful now and in the future.
Apply now
Stratford-upon-Avon
Tiddington Road
Stratford-upon-Avon
Warwickshire
CV37 7BJ
Company
Welcome to NFU Mutual
We are a leading provider of General Insurance and Financial Services. From our strong farming roots we’ve grown to become a UK-wide organisation, turning over £1billion annually. Yet success hasn’t gone to our heads. We’re proud to remain completely customer focused, down-to-earth and committed to the rural communities we’ve grown from.
Our ethos - of trust, respect and personal service - lies at the heart of all we do and has seen us build an enviable reputation for exceptional member loyalty. Though we’ve been in business for over 110 years, we have big ambitions for the future. And that’s why we’re looking for talented people to join our growing organisation. Talented people like you.
NFU Mutual has again been named as a Gallup Exceptional Workplace Award winner in 2022.
We are one of only 39 companies across the globe and the only UK headquartered organisation to win this award.
The Gallup Exceptional Workplace award
The international Gallup Exceptional Workplace award is evaluated carefully by a panel of judges and given only to organisations that meet rigorous standards of employee engagement. The award requires entrants to clearly evidence how they fuel business performance through an engaged workforce.
NFU Mutual builds on an existing reputation as an exceptionally engaged workforce, having achieved frequent award recognition from Gallup in previous years.
Trisha Jones, HR Director at NFU Mutual, said: “NFU Mutual is committed to being a great place to work. We work hard to maintain the exceptional engagement standards we have built with our people and are delighted to have received this recognition once again.
“The commitment and engagement of NFU Mutual employees is fundamental to the ongoing success of our business and we’ll never take it for granted. From supporting health and wellbeing to encouraging career development, we’re passionate about creating an environment where employees can thrive and achieve their full potential.”
Jim Harter, Gallup’s chief scientist of workplace management and wellbeing, said: “This award recognises the most engaged workplace cultures in the world. Gallup’s 2022 GEWA winners have steered their organisations through another unprecedented and challenging year. They didn’t slow down or hit ‘pause’ during times of uncertainty. They stayed true to their organisational values. Gallup commends all of the 2022 GEWA winners for their resiliency, determination and commitment to making their people a priority.”
Applying to NFU Mutual
Choosing the right employer is a big decision – we understand that. That’s why we have a dedicated Resourcing team who’ll manage your application and support you through the process.
We want to work with talented people from a diverse range of backgrounds who share our vision and values to achieve more together. So, during our recruitment process, you’ll find different ways for us to get to know each other and find out if we’re a good match. See more about the recruitment process.
Lisa’s Story
Lisa is a Motor Claims Manager in Bristol. She says, “I love the ethos and values of the company and I also genuinely love the people that I work with. In my role I get a huge amount of variety and I can get involved in almost anything I am interested in. I feel valued, supported, and listened to and also that I can be part of the solution when we have challenges to overcome.”
Vicki’s Story
Vicki is a Regional Department Manager. She says, "NFU Mutual does the right thing by their customers. And such great customer service must come from great people, who in turn must come from a great employer. It really is a lovely place to work. You’re not rushed to shift cases off your desk quickly, but given the time to make the right decisions.
It’s a forward thinking company. They invest in their people so you can see a clear path ahead for yourself as well as the company. It’s no wonder they have a lot of loyal people on board."
Steve’s Story
Steve is Head of Pricing Analytics. He says, “I was initially attracted towards finding more out about the role because of NFU Mutual’s strong reputation within the industry for fairness, ethics and customer focus. As I found out more about the role, it also became apparent that the general culture, and the ambitions of the Pricing Department were well aligned with my own goals and preferred ways of working.”
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