Principal Pricing Analyst

Job Description

Principal Pricing Analyst

• Acting as the technical lead and subject matter expert within the Head Office Pricing function.


• 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 role

Working 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 expanding and creating exciting opportunities to join at a pivotal moment. By working closely with colleagues across the business, you’ll play an important role in shaping and delivering successful outcomes for our customers. You’ll join a Pricing team committed to continuous improvement, offering ongoing opportunities to grow, add value and make a real difference.

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 development 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 departments, influencing decisions through insight and expertise. Alongside hands-on delivery, you’ll act as a technical role model, supporting colleagues through coaching, mentoring and change.

Internally, this role is called Principal Analyst.

About you

This is a senior technical role offering hands-on development with opportunities to drive improvements in pricing capability, tools and ways of working.

You will also have (essentials):

• Strong technical experience within a pricing, rating development 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

Desirables:

• An understanding of the wider pricing delivery model


• Experience coaching or mentoring analysts


• Knowledge of additional pricing systems such as Polaris or Earnix


• Experience contributing to pricing-related projects


• 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

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

• Up to £60,000 depending on experience


• 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 Mutual

We’re one of the UK’s leading general insurance and financial services organisations, and for over 110 years we’ve put our customers at the heart of everything we do. Our people are just as important to us, so we’re proud to be recognised as “a great place to work”.

Our Gallup Exceptional Workplace 2025 award was not only awarded with Distinction, but it also marked us as the first UK based company to earn a Gallup Exceptional Workplace award for ten consecutive years. We’ve also been consistently recognised by Glassdoor. We appeared in the Glassdoor Best Places to Work UK list in 2023, 2024 and 2026 — and in 2026, we were the highest ranked insurance business in the UK, highlighting our strong employee experience and the positive feedback our people share on the platform.

Additionally, we were named in the LinkedIn Top 15 Companies 2025 list of “Best midsize employers to grow your career in the UK”, and we’ve been certified as a UK Top Employer by the Top Employers Institute in 2023, 2024, 2025 and 2026.

We offer a supportive and empowering culture where people are inspired to perform, given opportunities to grow, and recognised and rewarded for 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’re successful now and in the future.