Overview

Join a dynamic GI Pricing department with over 100 professionals focused on setting fair and accurate prices for customers.

Play an active role in setting the pricing strategy for Personal Lines products.

Work from home up to 80% of the time to support work-life balance.

About the role

Our Pricing Department is a well-established function focused on delivering long term value for customers rather than short-term profit targets. This role sits within the Motor Pricing team and will focus on formulating and achieving the pricing strategy for Motor products, with an initial focus on Car, and influence on Commercial Motor (especially Van) and Tractor. The role involves assessing the accuracy and improving pricing models, and determining the final price charged to customers.

As a Pricing Consultant, you’ll lead a small team responsible for recommending and managing motor portfolio pricing strategies by analysing internal and external data sets, utilising various pricing models, and collaborating with the wider Pricing Department (Data, Modelling and Risk Pricing teams) and external stakeholders (Underwriting, Distribution, Claims and Finance).

You’ll monitor and improve the integrity and accuracy of pricing models and conduct regular scenario planning and impact assessments of pricing actions on metrics such as conversion rate, retention and profitability. You will line-manage a small team of analysts, coaching and mentoring junior colleagues and supporting their development and technical queries.

About you

As a commercially minded and customer-oriented professional, you will have extensive experience in the General Insurance sector with specific prior experience in Insurance Pricing, ideally motor. You will have a proven track record of analysing complex data, drawing conclusions and delivering commercially sound recommendations to achieve fair and accurate customer prices. Experience in product ownership is desirable.

You should be able to consider all relevant internal and external factors to formulate a comprehensive view of the market and deliver street prices in line with policy. Proficiency with Radar and price optimisation is desirable.

You will be an excellent communicator able to build effective stakeholder relationships, navigate difficult conversations and influence decisions.

As an experienced team member, you should also demonstrate the following:

• Resilience: remain focused and effective under pressure, turning challenges into opportunities for growth
• Problem solving mindset: tackle challenges with a practical and innovative approach
• Forward thinking: anticipate future trends and drive long-term success
• Communication: explain complex information accessibly to non-technical audiences
• Coaching and mentoring: lead by example and support others to perform at their best

At NFU Mutual, we support an inclusive workplace and value the differences that make us unique. We celebrate creativity and innovation from diverse perspectives and share a vision of doing the right thing for customers and employees.

We recognise that some candidates may experience barriers during recruitment and encourage discussions about adjustments or accommodations needed during the process. We are Disability Confident, Race at Work and Women in Finance Charter signatories and welcome applications from people of all backgrounds.

Benefits and rewards

When you join our team, you can expect a supportive culture and a range of rewards and benefits including:

• Salary: competitive (details may be disclosed where appropriate)
• Annual bonus up to 17.5% of salary
• Contributory pension up to 20%
• 25 days annual leave + bank holidays + buy/sell/save holiday trading
• Family-friendly policy to balance work and family responsibilities
• Access to savings at High Street brands, travel and supermarkets
• £20 monthly gym membership contribution
• Health and wellbeing plan
• Voluntary benefits including private medical insurance and dental
• Employee volunteering day
• Refer a Friend bonus scheme
• Life assurance 4 x salary
• Employee discounts on NFU Mutual policies
• Salary sacrifice car scheme (eligibility applies)

Working at NFU Mutual

We’re one of the UK’s leading general insurance and financial services companies. For over 110 years we’ve put customers at the heart of what we do. Our people are central to our success.

We pride ourselves on being a great place to work. Our recognitions include the Gallup Exceptional Workplace award, LinkedIn Top Companies list, Glassdoor Best Places to Work UK, and Top Employer certifications, reflecting our commitment to a supportive culture where people can grow and contribute.

We empower and inspire our people, offer opportunities to grow, recognise and reward contributions, and strive to be financially sustainable for the future.