Lead Risk Modeller

Homeworking - Occasional travel to our various office sites

Welcome to Hastings Direct –From our Director of Unsecured Lending

You’ll probably know Hastings Direct as a digital insurance provider, but did you know we also have a growing unsecured lending business? We have a competitive product on market-leading systems offering customers guaranteed eligibility and real rates through price comparison websites (PCWs).

We have over four million customers, but know there’s even bigger opportunity out there and have ambitious plans to become The Best and Biggest in the UK market. We’ve made huge investments in our data and tech capabilities over the past few years, along with nurturing our 4Cs culture. We’re proud of the journey we’re on as a company and know that our continued success will rely on the contribution of our talented colleagues.

The fact you’re now reading this job advert means we’ve tempted you to find out more about #lifeatHD – we really hope you like what you see, and you’ll join us to share in the success of the exciting chapter that lies ahead. We understand some people may not apply for jobs unless they feel they tick every box. If you are excited about joining us and think you have some of what we are looking for, even if you’re not 100% sure we would love to hear from you.

Role overview

As a lead risk modeller within the Hastings lending business, you will be taking a leading role in utilising cutting-edge data assets and advanced modelling & analytical tools to shape and drive pricing & credit risk management strategies which improve business profitability and customer outcomes. You will be working closely with colleagues across the lending team to deliver data-led solutions for strategic and tactical business opportunities and risks as well drive competitive advantage in the marketplace

This is a hands-on role with an opportunity to be part of a fast-growing, dynamic business within Hastings, underpinned by an entrepreneurial culture and the ability to make a tangible contribution to its continued growth and success.

Job details:

• Your remit will be to continuously improve business profitability and customer outcomes by:
• Developing analytical and modelling solutions to identify and manage customer risk across our credit and pricing strategies
• Driving data-led decision automation across the customer lending journey
• Maintaining a resilient portfolio risk mix to support long-term growth
• Build and manage key performance indicator and customer segmentation monitoring, ensuring alignment with business trading targets and risk appetite thresholds
• Providing strategic analysis and insights for Senior Management Committee and Board to inform business planning and decision making
• Acting as an analytical & modelling SME within the lending business

Essential skills/experience:

• This role is very modelling focused so experience undertaking predictive modelling, utilising model types such as GLM and GMB is required.
• As a result, you will also need strong Python/ R and SQL coding capability.
• Exceptional analytical and problem-solving skills, with the ability to translate complex data into actionable insights.
• Good Communication skills with the ability to position solutions and results clearly to both technical and non-technical stakeholders.
• Financial Services product experience particularly in a pricing and/or risk modelling capacity. This could come from banking, FinTech or Insurance.

The interview process

• Recruiter screening call

• 1st stage introductory interview

• 2nd stage competency / case study interview

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

Benefits: Inaddition to a competitive salary 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

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

There's more! – 25 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 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. 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.

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: