Risk Pricing Insurance Specialist

The National Farmers Union Mutual Insurance Society Limited, Stratford-upon-Avon, Warwickshire

Risk Pricing Insurance Specialist

£90000

The National Farmers Union Mutual Insurance Society Limited, Stratford-upon-Avon, Warwickshire

  • Full time
  • Permanent
  • Remote working

Posted 1 week ago, 11 Dec | Get your application in now before you're too late!

Closing date: Closing date not specified

job Ref: e8f37b332f0040cf93bd6fefc5ed98e0

Full Job Description

  • Join a people-focused, mutual organisation committed to fair and accurate pricing
  • Play a pivotal role in shaping our Pricing Technical Strategy advising across both our personal and commercial lines of business
  • Benefit from the flexibility of working from home up to 80% of the time, supporting a healthy work-life balance, Our Pricing Department is a well-established and thriving function which focuses on delivering long term value for our customers rather than working to short-term profit targets. As a result of an internal promotion, we now have an excellent new opportunity for an experienced Pricing Specialist to join us and play an active part in enhancing our Pricing Technical Strategy.
  • Working collaboratively with the Pricing Leadership Team, the successful candidate will be responsible for delivering innovative technical solutions to support the department in delivering pricing for a wide product range of both personal and commercial lines. This role is centred on providing technical assurance by advising the team on optimal approaches and conducting thorough reviews of their work where necessary. You will be involved in the design, implementation and continuous improvement of tests to ensure the integrity, confidence and accuracy of the risk price and to support the quality assurance process. You will also be responsible for monitoring technical pricing to ensure it is appropriately set and aligned with strategic objectives. Another key focus of the role will be on developing and maintaining the team's skills and capabilities to meet both current and future requirements. There will also be the opportunity to take the lead on project work, with an emphasis on enhancing technical outputs and improving efficiency and accuracy in processes. This role is based in our Tiddington Head Office, just outside Stratford-Upon-Avon. However, we understand how important a positive work-life balance is, so to help you give your best, we offer great facilities when you want to be in an office environment and support to work up to 80% of your hours from home.

    We are seeking a confident and dynamic insurance pricing professional, experienced in determining the risk price with direct responsibility for pricing outputs. You will have prior experience running multiple streams of work simultaneously and will be comfortable applying actuarial techniques to solve complex business problems. Experience of SQL, R, Emblem and Radar is beneficial but not required. As an excellent communicator, you will be able to convey ideas clearly and effectively to a range of audiences. Your stakeholder management skills enable you to build and maintain strong relationships, ensuring collaboration and trust across teams and departments. With a natural aptitude for simplifying complex concepts, you help others understand intricate details without losing sight of the bigger picture. You are comfortable challenging existing thinking constructively, encouraging innovation and promoting new approaches. Forward-thinking and proactive, you anticipate challenges and opportunities, ensuring your work remains aligned with future needs. You'll also be able to demonstrate:
  • Agility - allowing you to adapt quickly to changing priorities and circumstances, maintaining focus and delivering results under pressure
  • Influence - particularly the ability to use sound reasoning and persuasive techniques to gain buy-in and drive initiatives forward
  • A combination of strategic vision and practical execution that sets you apart as an asset to any team.

    We're one of the UK's leading general insurance and financial services companies. For over 110 years we've put our customers at the heart of everything we do. Our people are just as important to us. We pride 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.

    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 expect a supportive culture and an attractive range of rewards and benefits including:
  • Salary up to £90,000 depending on skill set and experience
  • Annual bonus (up to 25% of salary)
  • Contributory pension scheme, up to 20%, including your 8% contribution
  • 28 days annual leave + bank holidays + buy/sell/save holiday trading scheme
  • A Family Friendly policy that helps you balance your work and family responsibilities
  • Private medical insurance + options to add family members
  • 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
  • Employee Volunteering - volunteer in the community for one day each year
  • Unlimited access to Refer a Friend £500 bonus scheme
  • Life Assurance cover of 4 x salary
  • Employee discounts of 15% on a range of NFU Mutual insurance policies.
  • Working at NFU Mutual