R&D Senior Data Scientist

Direct Line Insurance Group plc; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

Join a leading insurance company as a Senior R&D Data Scientist in the Motor Retail Pricing team. Leverage your data science expertise to develop pricing models, collaborate with cross-functional teams, and mentor colleagues. Enjoy a hybrid working model and a comprehensive benefits package that supports work-life balance and well-being.

Benefits

9% employer-contributed pension

50% off home, motor, and pet insurance

Optional health and dental insurance

Up to 10% AIP bonus

EV car leasing scheme

Generous holiday allowance

Share scheme options

Employee discounts and cashback

Qualifications

• Minimum 3+ years of data science or pricing experience within insurance.
• Experience with insurance pricing or actuarial modeling.

Responsibilities

• Apply statistical and machine learning techniques to analyze and model insurance data.
• Develop pricing models that reflect risk and customer behavior.

Skills

Statistical Skills

Machine Learning Skills

Curiosity

Tools

Python

Cloud Platforms

Job description

DLG is evolving. Across every facet of our business, our teams are embracing new opportunities and putting customers at the heart of everything they do. By joining them, you'll have the opportunity to not just be recognised for your skills but encouraged to build upon them and empowered to do your absolute best.

Pricing and Underwriting is a complex field where historical data, geospatial information, and mathematical models intersect. Our Pricers and Underwriters are crucial in balancing business goals with customer needs, reducing risk, and predicting future events to ensure sustained growth and optimal pricing for consumers.

Join us as a Senior R&D Data Scientist in our Motor Retail Pricing team.

What you'll be doing:

In this role, you'll apply statistical and machine learning techniques to analyze and model insurance data. You'll develop pricing models that accurately reflect risk and customer behavior, collaborate with actuaries, underwriters, and data scientists on R&D projects, and explore new data science applications within insurance. You'll also mentor colleagues, share your expertise, and influence our strategies to make a positive impact on our customers.

Our hybrid working model combines in-office and remote work, with colleagues spending at least 2 days a week in the office, depending on their role and team.

What you'll need:

• Minimum 3+ years of data science or pricing experience within insurance
• Strong statistical and machine learning skills
• Experience with insurance pricing or actuarial modeling
• Proficiency in Python (experience with other programming languages is a plus)
• Experience with cloud platforms like Domino is advantageous
• A curious, innovative mindset and the ability to incorporate stakeholder feedback

Benefits

We offer a comprehensive benefits package to support your lifestyle, including:

• 9% employer-contributed pension
• 50% off home, motor, and pet insurance, plus free travel insurance and breakdown cover
• Optional health and dental insurance
• Up to 10% AIP bonus
• EV car leasing scheme
• Generous holiday allowance
• Share scheme options
• Employee discounts and cashback

We focus on work-life balance, flexibility, and supporting our colleagues' well-being beyond financial rewards.

Be yourself

Direct Line Group is committed to diversity and inclusion, recognized as one of the UK's Top 50 Inclusive Employers. We welcome applications from all backgrounds and are happy to make adjustments to support your application process.

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