Home Pricing Developer - Radar

Direct Line; Glasgow; Hybrid; GBP 35,000 - 45,000; Full time

Job summary

An insurance service provider in Glasgow seeks a Pricing and Underwriting Analyst to enhance their Home Insurance strategy. You will manage the Radar rating engine and validate models to ensure quality. Ideal candidates have a degree in Mathematics or a related field and familiarity with programming. Enjoy a hybrid work environment and comprehensive benefits including a generous pension scheme and employee discounts.

Benefits

9% employer contributed pension

50% off home, motor, and pet insurance

EV car scheme

Up to 10% AIP Bonus

Generous holidays

Qualifications

• Educated to degree level or equivalent in Mathematics/Computer Science or a related numerical subject.
• Familiarity with programming languages and software such as SQL, SAS, Python, Tableau is preferred.
• Experience in the Insurance industry is preferred.

Responsibilities

• Take ownership for the Radar Live rating engine ensuring compliance and efficiency.
• Run and validate comprehensive model testing.
• Enhance processes for efficiency while maintaining accuracy.

Skills

Analytical mindset

Strong problem-solving skills

Excellent communication

Team player

Attention to detail

Education

Degree in Mathematics/Computer Science or related field

Tools

SQL

SAS

Python

Tableau

Job description

Overview

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 complicated world, where historical data, geospatial information, and mathematical models meet talented analysts. Pricing our products is a fine line between balancing our business goals and customer needs. That’s why our Pricers and Underwriters are the best of the best. They reduce risk and predict future events ensuring our business can continue to grow whilst each and every one of our consumers gets the best price.

What You’ll Be Doing

As a valued member of the team, you’ll contribute to the delivery of the Home Insurance strategy through accurately and efficiently implementing changes to the Radar rating algorithm.

Key Responsibilities

• Take ownership for building, maintaining, and monitoring the Radar Live rating engine so that it is compliant, accurate and efficient
• Ensure comprehensive model testing is run/validated to prove out all change
• Support in the enhancement of processes, including testing to create efficiency whilst maintaining accuracy
• Excellent spoken and written skills so to support engagement with various stakeholders and the wider Pricing & Underwriting community, to ensure alignment with approaches
• Contributing to overall Department/DLG wide objectives, strategies and priorities.
• Be aware of Pricing and Underwriting Controls and Governance and abide by the controls in place
• Identify and manage risks associated with the role, adhering to the company risk framework. Communicate any price, model, or data issues promptly.
• Developing your own skills and knowledge such that you have the expertise required to achieve current and future business requirements.
• Reinforce the culture and core values of Direct Line Group through appropriate behaviours and Actions
• Support the Home Change Team’s Defect Management process. Aiding with diagnosis, deriving, testing and implementing any required fixes.

Hybrid working

Our hybrid model offers a best of both worlds approach. When you'll be in the office depends on your role and team, but colleagues spend at least 2 days a week in the office.

What You’ll Need

• Educated to degree level or equivalent in Mathematics/Computer Science or a related degree or similar numerical subject
• Familiarity with programming languages and software such as SQL, SAS Python, Tableau (preferred)
• Experience in the Insurance industry (preferred)
• Strong problem-solving skills & a keen eye for attention to detail
• Excellent communication and a team player
• Good knowledge of IT principles and processes
• Creativity, Passionate, Inquisitiveness nature & Innovative
• Analytical mindset

Benefits

We recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:

• 9% employer contributed pension
• 50% off home, motor and pet insurance Green Flag breakdown cover
• Additional optional Health and Dental insurance
• Up to 10% AIP Bonus
• EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
• Generous holidays
• Buy as you earn share scheme
• Employee discounts and cashback
• Plus, many more

We want everyone to get the most out of their time at DLG. Which is why we’ve looked beyond the financial rewards and created an offer that takes your whole life into account. Supporting our people to work at their best – whatever that looks like — and offering real choice, flexibility, and a greater work-life balance that means our people have time to focus on the things that matter most to them. Our benefits are about more than just the money you earn. They’re about recognising who you are and the life you live.

Be yourself

Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We\'re delighted to feature as one of the UK\'s Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.

We know you're more than a CV, and the things that make you, you, are what bring potential to our business. If you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.