Risk/Technical Pricing Consultant
Risk/Technical Pricing Consultant
Stratford upon Avon
Salary: Circa £55k p.a. depending on experience
Job Number: CUSD02151
Pricing at NFU Mutual
Here at NFU Mutual, we enjoy an enviable reputation for trustworthiness and honesty within the insurance industry. We are very much about excelling and exceeding in service so that our customers trust us, and we need to ensure we deliver on that trust.
As part of that reputation, we want to deliver ‘change’ Programmes which focus on the customer, ensuring that we do not jeopardise service or the reputation we have which leads to industry leading retention rates. We are however focused on making improvements in how we interact with our customers to maintain and grow our reputation.
To continue achieving our objectives it is vital for us to look ahead to the future. NFU Mutual is delivering an exciting programme of change, which will focus on making our products easier to buy, easier to sell and easier to manage.
About the Opportunity
As one of our Risk Pricing Consultants, you will be responsible for building and managing the technical price, using both data and judgement to form a ‘best view’ in order to achieve fair and accurate prices.
Liaising with various stakeholders from all around the business, you will be involved in a wide range of different activities. This could include projects such as large scale price builds, claims projections, and costing product changes and propositions. All recommendations will need to be assessed from a technical perspective with suitable judgement applied. The work that the Risk Pricing team carries out is all related to understanding the costs involved in writing insurance business, often providing insight and transparency to help the business make informed decisions.
Based at our Head Office in Stratford upon Avon, our pricing function covers both Commercial and Personal lines of business – everything from large commercial risk to pet insurance. This breadth within the department brings you an opportunity to broaden your skill-set and enrich your knowledge.
As an innovative and recently-established department, there is the opportunity for you to contribute to ways of working. This role also includes line management responsibilities to support the development of a small number of analysts within the pricing team.
We are seeking dynamic general insurance pricing professionals who can demonstrate previous experience of leading and delivering a pricing project. Risk/technical pricing knowledge would be preferable, however this is not essential and consideration will be given for other areas (e.g. modelling).
Additionally, you will need to have strong stakeholder management experience and the ability to communicate effectively to non-technical audiences.
Reward and Benefits
You get more from work with NFU Mutual. More support, more career development, more rewards, more job satisfaction. Our generous benefits package includes:
- Annual group bonus scheme (up to 17.5%)
- 25 days’ holiday + bank holidays – with options to buy, sell, or bank up to 5 days each year
- Contributory pension scheme (up to 12%)
- Health and well-being plan where you can claim back routine healthcare costs, such as dental check-ups, glasses, physiotherapy, and much more!
- £20 towards your monthly gym membership (terms apply)
- Restaurant and high street discounts
- On-site sports facilities – including tennis courts, a running track and full changing facilities
- On-site car parking
For further information and to submit your application, please click apply.