Hastings Direct
Senior Risk Pricing Manager - Motor

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Senior Risk Pricing Manager – Motor
London / Bexhill / Leicester – Hybrid
We’re a digital insurance provider with ambitious plans to become the best and biggest in the UK market. We’ve made huge investments in our pricing and data capabilities over the past few years, along with nurturing our 4Cs culture.
We provide insurance for over four million customers, but we know there’s even bigger opportunity out there – our Pricing, Data and Analytics community value curiosity, collaboration and constructive challenge.
We are always looking for new ideas and diverse perspectives to question established thinking and drive meaningful change. Great pricing is built on trust, innovation and precision, so our aim is to ensure customers receive a fair and accurate price based on their individual risk, supporting fair outcomes, while delivering sustainable and profitable growth for our company.
Pricing is more than just a number – it’s a strategic capability. At the heart of Hastings is deep risk insight – continually improving how we assess, segment and price risk through data and analytics.
Role Overview
The Senior Risk Pricing Manager is responsible for leading the development, deployment, and governance of risk pricing models and strategies across the motor portfolio. The role combines deep technical expertise with strategic leadership, ensuring pricing decisions are robust, commercially effective, and compliant with regulatory requirements.
Key Responsibilities
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Pricing Strategy & Delivery
- Lead the design and implementation of risk pricing strategies across car portfolio
- Drive improvements in pricing sophistication, segmentation, and predictive capability.
- Own delivery of pricing changes from concept through to deployment, ensuring measurable commercial impact.
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Modelling & Analytics
- Oversee development of advanced pricing models (GLMs, machine learning, telematics where relevant).
- Ensure models are statistically robust, well-documented, and aligned with business objectives.
- Translate complex analytical outputs into clear, actionable insights for senior stakeholders.
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Governance & Compliance
- Ensure all pricing activity meets internal governance standards and regulatory requirements (e.g., GIPP compliance).
- Lead preparation and sign-off for Pre-RAC/RAC submissions and material pricing decisions.
- Maintain strong controls around model changes, documentation, and auditability.
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Stakeholder Management
- Partner closely with Underwriting, Retail, Finance, and Analytical Engineering teams.
- Communicate pricing strategy and performance clearly to senior leadership (e.g., ExCo, CPC).
- Influence cross-functional decisions to ensure alignment between pricing, trading, and underwriting.
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Why you're a good match
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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Performance Monitoring
- Track and evaluate pricing performance (loss ratio, conversion, retention, etc.).
- Identify emerging trends and proactively recommend strategic adjustments.
- Ensure ongoing optimisation of pricing models and strategies post-deployment.
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Team Leadership & Development
- Manage and develop a team of Pricing Managers, Analysts, and Senior Analysts.
- Provide coaching, technical guidance, and career development support.
- Foster a high-performance, collaborative, and inclusive team culture.
Key Skills & Experience
- Strong experience in general insurance pricing (preferably UK motor).
- Deep technical expertise in statistical modelling (e.g., GLMs; exposure to ML desirable).
- Proven track record of delivering end-to-end pricing initiatives.
- Strong understanding of regulatory and governance requirements (e.g., GIPP).
- Excellent communication skills with ability to influence at senior leadership level.
- Demonstrated leadership and people management experience.
Recruitment Process:
- Recruitment screening call
- 1st Round Intro with the hiring leader
- Case Study round – a mix of Technical and Competency
As a Disability Confident employer, we’re committed to ensuring our recruitment processes are fully inclusive – what this means to you is if you’re applying for a job with us, you’ll have fair access to support and adjustments throughout your recruitment journey. We also welcome applications through the Disability Confident Scheme (DCS). For more information on the DCS, please visit our inclusive business page on our careers website.
What we offer
Join us and you’ll find a different way of doing things. We call it the 4Cs. We focus on getting it right for our colleagues, customers, company and community. As one of our colleagues, you’ll be helping to drive our growth, so in return, we’ll give you all the support, training and development you need. Not to mention plenty of recognition and rewards, and the scope to voice your ideas and put them into practice.
Reward
- Salary – Attractive salary based on experience + car allowance (pay reviews also completed each year)
- Flexible Working – We champion a flexible and hybrid working approach so please speak to your recruiter to discuss in more detail, including days in the office and at home.
- Competitive Bonus Scheme - All colleagues are eligible for our annual 4Cs performance bonus, which is usually paid in March. The scheme is based on Hastings’ performance against our business goals and your own personal performance.
- Physical Wellbeing – as a Band 4 colleague, Hastings pay for you to receive private medical Insurance (also known as PMI) This gives you flexibility and convenience to see a specialist or consultant and allows you to decide when and where you will be seen.
- Financial Wellbeing – As well as providing you with 4x your salary with our life assurance cover and income protection at no extra cost, pension contribution match up to 10%, we are proud to provide you with an AWARD WINNING package which includes – discounts and cashback at everyday retailers and on our own products, fee free independent mortgage advice, and free access to financial wellbeing support.
- Mental Wellbeing programme – At Hastings Direct we understand that mental health cannot not be scheduled, that’s why we have a range of support to help you keep yourself well. We have the thrive mental health app, our colleague assistance programme available 24/7, our own, in-house mental health first aiders, support groups and a dedicated team to make sure we are covering your needs


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There's more! – 27 days annual leave + bank holidays, with the option to buy or sell one of your contracted weeks, access to our health care cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more ….
Our 4Cs principles are simple: we believe by creating the right culture for our colleagues and giving them the right tools to do their job, we’ll deliver good outcomes for every customer, helping us to grow the company profitably and sustainably and allowing us to invest in the communities we serve
We deliver good outcomes for our customers every time by providing great products at the right price with our simple and straightforward service. We treat customers like we want to be treated - fairly, respectfully and with their best interests at heart
Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Please also note that we have a thorough referencing process, which includes credit and criminal record checks.
At Hastings Direct, we’re committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process, we encourage you to be open with us. Our recruitment team is here to provide the support you need to ensure a fair and accessible experience for all.
Job posting end date: 04/10/2026
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