Pricing (Actuarial), Data & Analytics Graduate Programme
Location:Leicester, Bexhill, or London
Welcome to Hastings Direct - From our Group HR Director Pam Angel
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 data and tech capabilities over the past few years, along with nurturing our 4Cs culture. We were also named the UK's Best Big Company to work for in 2024. 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.
We have over 3.8 million live customer policies, but we know there's an even bigger opportunity out there. 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.
Programme overview:
You will be joining Hastings Pricing Data and Analytics (PDA) community; a friendly and inclusive group that brings together colleagues from different departments and functions. We work together to centralise data for decision-making. The community is built on collaboration and trust, with data, predictive models, scores, and engineered data features being shared among the PDA community. We perform analysis and train models based on a curated set of analytics-first data assets.
The PDA graduate programme is made up of 3 different pathways, Actuarial, Engineering and Data Science & Analytics.
Engineering:
As a member of the Engineering programme you will work closely with business stakeholders to build and maintain data, pricing and claims assets to support analytical teams. This means you could be working on anything from curating quote, policy or claims data, to deploying new pricing algorithms, automation, or fraud detection. You'll play a critical role in establishing and enforcing governance practices to maintain the accuracy, security and compliance of our data and delivery processes.
Data Science:
The Data Science & Analytics Graduate Programme is designed to give you the opportunity to apply innovative data science techniques to solve real-world business challenges and deliver commercial value. You'll work closely with and learn from recognised experts in collecting and analysing large data sets to create data-led solutions that incorporate automation, machine learning and software design.
Actuarial:
The Actuarial Graduate Programme involves participating in project-based activities and tasks during placements, interacting with various stakeholders across the organisation. You will learn the company's current actuarial modelling techniques and explore new tools, platforms, and methods for generating insights. Additionally, you will develop predictive models and algorithms to help inform our underwriting decisions.
As a member of our Actuarial team, you will be expected to obtain Associate and Fellowship qualifications from the Institute and Faculty of Actuaries (IFoA). Graduates are anticipated to achieve Associate status within two to three years. We provide comprehensive funding and support for this process.
You will be able to select one or more pathway preferences during the application process. Note, the application process remains the same and the final pathway selection will be made based on fit and consideration of your preferences.
Requirements:
- A Bachelor's or Master's degree, pending 2025 or achieved in the last 2 years, preferably in a STEM subject (however other subjects will be considered)
- Strong mathematical capabilities including probability and statistics
- Ability to code using Python, R or SQL
- A keen interest in predictive modelling and programming
- Ability to apply theory to real world problems.
- Self-aware - you are clear on your strengths and development areas.
- Able to challenge the norm, consider a range of views and drive and embed change
- Good communication skills; experience presenting results to others
- Excellent skills in logic and problem-solving
Additional Requirements for the Actuarial programme:
- A degree with strong emphasis on statistics and problem solving such as Mathematics, Computer Science, Engineering, Sciences etc
- Prepared for 3-6 years of ongoing actuarial study & exams - during and outside of office hours
Next Steps:
6th Jan 2025Applications will open. Please upload your CV and answer some basic compliance questions. Upon submission, you will receive a web link via email to begin some short online assessments.
2nd Feb 2025Applications will close, and all assessments must be completed.
6th Feb 2025If successful, you'll then need to complete a role suitability practical test or video interview. You'll receive a new web link for this.
16th Feb 2025Closing date for the role suitability practical test or video interview.
6th - 7th March 2025If successful, you will be notified and invited to an in-person assessment centre.
18th - 20th March 2025The in-person Assessment Centres will be held in Bexhill-On-Sea, East Sussex between the specified dates.
21st - 26th 2025March Feedback and Job Offers will be made to assessment centre attendees.
15th September 2025Your graduate journey as a colleague of Hastings direct will begin.
Reward:
When you join Hastings Direct, you'll be making a real contribution to our success. You deserve to share in that success, so alongside a competitive salary which grows as you progress through your graduate scheme, we offer a benefits package that recognises and rewards your part in our growth.
- 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. You will be encouraged to work in our Bexhill/ London/ Leicester offices regularly, with some flexibility around travel between offices required.
- Competitive Bonus Scheme(subject to company and personal performance)
- Healthcare cash planandprivate medical insurance
- Access to theThrive mental health app
- Colleague assistance programme
- 25 days annual leaveandsocial eventsthroughout the year
Our 4Cs principles are simple: we believe by creating the right culture for ourcolleaguesand giving them the right tools to do their job, we'll deliver good outcomes for everycustomer, helping us to grow thecompanyprofitably and sustainably and allowing us to invest in thecommunitieswe 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.
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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.
