Senior Actuary

Job Title: Senior Actually

Location: Bexhill/Leicester/London

Welcome to Hastings Direct

Were a digital insurance provider with ambitious plans to become the best and biggest in the UK market. Weve 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 theres 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 its 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

Join Us in Shaping the Future of Home Insurance at Hastings

Building on our early successes in Home insurance Hastings is investing in the growth of our Home team. Were looking for an experienced Senior Actuary who is passionate about data and excited by the opportunity to combine actuarial expertise with cutting-edge machine learning techniques.

As a Senior Actuary within the Home Actuarial & Data Science Team youll play a key role in developing actuarial models analyses and data assets that power Hastings market-leading pricing strategies. Working closely with the wider Home team your contributions will help deliver our ambitious growth plans for Home insurance products.

This is an exciting time to join us. Our team champions the adoption of advanced machine learning methods supported by a state-of-the-art tech stack and collaboration across Hastings Actuarial and Data Science (AnDS) community.

Your deep understanding of general insurance principles and actuarial techniques will ensure that new models are not only commercially impactful but also deliver fair outcomes for customers. Youll have the opportunity to influence strategic decisions mentor junior team members and shape how advanced analytics and actuarial science come together to drive innovation in Home insurance.

Accountabilities

• Develop analyse and monitor risk models to support pricing activities

• Lead development of actuarial assumptions and methodologies that inform modelling

• Create and maintain analytical tools to support in the management of our risk portfolio

• Collaborate with data scientists to integrate actuarial analyses into predictive models

• Partner with underwriters and risk analysts to identify blind spots and develop strategies to mitigate emerging risks

• Stretch the teams capabilities in actuarial capabilities

• Lead a small team of actuaries and data scientists

Required experience:

Essential

• Fellow of the Institute and Faculty of Actuaries (IFoA) or equivalent professional body

• Experience in general insurance and strong technical modelling skills

• Keen interest in emerging ML techniques and applications in underwriting & pricing

• Strong SQL skills

• Strong senior stakeholder management and communication skills

• Ability to work cross-functionally with data engineers data scientists underwriters and analysts

Desirable

Proficiency in Python

Experience with using Git and GitHub as a code collaboration tool

Interview Process:

Recruiter screening call

1st Round Intro call with Hiring manager

2nd Round Case study round followed by call with Hiring leader

What we will give you:

Join us and youll 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 youll be helping to drive our growth so in return well 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.

As a Disability Confident employer were committed to ensuring our recruitment processes are fully inclusive what this means to you is if youre applying for a job with us youll 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

Benefits: in addition to a competitive salary and 5k car allowance you will also receive

Flexible working we champion a flexible hybrid working approach please speak to your recruiter to discuss in more detail

Competitive bonus scheme - all colleagues are eligible for our annual 4Cs performance bonus

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 income protection at no extra cost and matched pension contributions up to 10% we are proud to provide you with an award-winning package which includes discounts cashback free independent mortgage advice and free access to financial wellbeing support

Mental wellbeing programme 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

Theres more! 27 days annual leave bank holidays with the option to buy or sell one of your 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 .

Join us and youll 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 youll be helping to drive our growth so in return well give you all the support training and development you need. 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 well 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.

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 were 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.

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