Principal Analyst
Acting as the technical lead and subject matter expert within the Head Office Pricing function. Use your expertise to contribute to NFU Mutual’s largest transformation programme.
Designing, building and implementing pricing models and rating logic to support robust, compliant pricing decisions
80% hybrid working with 20% from our Stratford Upon Avon Office
About the roleWorking in Pricing at NFU Mutual feels genuinely different. With a clear focus on customers rather than shareholders, the team’s work has real impact — supporting local communities, protecting livelihoods, and helping our UK‑wide Agency Network deliver exceptional service. Our Pricing team is central to how we support our customers, and its role is becoming even more crucial. The team is now at the heart of one of NFU Mutual’s most significant transformation programmes, shaping how pricing will operate in the future to ensure fair, insight‑driven outcomes.
To deliver this transformation, the team is expanding and creating exciting opportunities to join at a pivotal moment. This is a rare chance to influence a high‑profile, business‑wide initiative where your work will be visible, valued and acted on. By working closely with colleagues across the business, you’ll play an important role in shaping NFU Mutual’s future. Beyond the transformation, you’ll join a Pricing team committed to continuous improvement, offering ongoing opportunities to grow, add value and make a real difference. If you want to drive meaningful transformation while developing your own career, now is the ideal time to join us.
As a Principal Analyst, you’ll play a critical role in shaping and delivering high-quality pricing solutions. Using your deep technical expertise across pricing disciplines, you’ll lead complex analytical work, act as an escalation point for technical queries, and ensure pricing outputs meet regulatory, business and customer expectations.
You’ll work closely with stakeholders across Pricing, Underwriting, IT and wider programmes, influencing decisions through insight and expertise. Alongside hands-on analytical delivery, you’ll act as a technical role model, supporting colleagues through coaching, mentoring and change.
This is a senior technical role offering both hands-on modelling and strategic influence, with opportunities to drive improvements in pricing capability, tools and ways of working.
Key responsibilities
Lead on complex pricing analyses including data engineering, model design and algorithm development
Design, build, review and continuously improve pricing models, rating algorithms and performance reporting
Act as the technical escalation point, owning quality assurance of pricing models, data and outputs
Ensure pricing solutions comply with regulatory, governance and reporting requirements
Translate complex technical analysis into clear insights and recommendations to inform business decision-making
Coach, mentor and develop analysts, improving technical capability and supporting colleagues through change
Build strong working relationships across Pricing, Underwriting, IT and programme teams to ensure effective delivery
Identify and implement improvements to pricing processes, tools and methodologies
Lead and plan pricing-related projects and activities, managing delivery autonomously
Deliver short-term and one-off initiatives as agreed with your Line Manager
About youYou will also bring:
Essential
Strong technical experience within a pricing, analytics or actuarial environment
Advanced experience designing, building and reviewing pricing models and rating algorithms
Proficiency with pricing tools such as RADAR, EMBLEM, R or equivalent platforms
Experience working with data, including data preparation, validation and query writing (e.g. SQL, SAS or R)
Ability to communicate complex technical outputs clearly to non-technical stakeholders
Experience leading or overseeing technical work and acting as a subject matter expert
Strong stakeholder management and collaboration skills
A proactive, delivery-focused mindset with the ability to manage work autonomously
Desirable
Experience with demand modelling, loss cost modelling or customer impact analysis
Experience coaching or mentoring analysts
Knowledge of additional pricing systems such as Polaris or Earnix
Experience contributing to pricing-related projects or programmes
Progress toward, or completion of, a relevant professional qualification
At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.
We recognise that some candidates may experience barriers during the recruitment process. So, we encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process.
We're proud to be a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory and welcome applications from people of all backgrounds, regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation, or socioeconomic background.Benefits and Rewards
Up to £60,000 + 17.5% annual bonus + benefits package
Salary [Input relevant salary details / Competitive if unable to disclose]
Annual bonus (up to 17.5% of salary)
Contributory pension scheme, up to 20%, including your 8% contribution
25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
A Family Friendly policy that helps you balance your work and family responsibilities
Access to savings at High Street brands, travel and supermarkets
£20 contribution to a monthly gym membership – subject to T&Cs
Health and wellbeing plan - cashback for dentist, opticians, physio and more
Access to voluntary benefits, including health assessments, private medical insurance and dental insurance
Employee Volunteering - volunteer in the community for one day each year
Unlimited access to Refer a Friend £500 bonus scheme
Life Assurance cover of 4 x salary
Employee discounts of 15% on a range of NFU Mutual insurance policies.
Salary sacrifice employee car scheme - subject to eligibility
Working at NFU MutualWe’re one of the UK’s leading general insurance and financial services companies. For over 110 years we’ve put our customers at the heart of everything we do. Our people are just as important to us.
We pride ourselves on being “a great place to work” and our Gallup Exceptional Workplace 2025 award was not only awarded with Distinction but also named us as the first UK-based company to receive a Gallup Exceptional Workplace for ten years in a row. We are also the only Insurer to feature in the LinkedIn Top 15 Companies 2025 list of ‘Best midsize employers to grow your career in the UK’, the Glassdoor Best Places to Work UK List 2023 and 2024, and were recognised as a certified UK Top Employer by the Top Employers Institute in 2023, 2024 and 2025.
We offer a supportive culture where we empower and inspire our people to perform, offer them opportunities to grow, and recognise and reward their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable, so we are successful now and in the future.
Read Less
