Motor Insurance Pricing & Underwriting Specialist

Direct Line Group Careers; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance provider in the UK is seeking a Pricing Analyst to join their dynamic team in London. The role entails using pricing and underwriting expertise to enhance pricing capabilities while ensuring optimal customer outcomes. Ideal candidates will possess experience in retail pricing, strong analytical and communication skills, and the ability to apply complex statistical techniques in real-world insurance pricing scenarios. The position offers a hybrid work model and a comprehensive benefits package.

Benefits

9% employer contributed pension

50% off home, motor and pet insurance

Additional optional Health and Dental insurance

Up to 10% AIP Bonus

Generous holidays

Employee discounts and cashback

Qualifications

• Experience in Retail Pricing and Price Optimisation.
• Background in the insurance industry.
• Strong understanding of pricing algorithms and underwriting rules.
• Knowledge of legislation affecting motor insurance pricing.
• Ability to simplify complex information for better understanding.
• Proven experience applying statistical techniques in pricing.

Responsibilities

• Conduct research on new pricing approaches.
• Propose strategic pricing changes for value addition.
• Deliver price optimisation strategies aligned with business objectives.
• Support cross-functional initiatives within pricing.
• Ensure governance and controls for all deliverables.
• Drive continuous improvement of processes.
• Upskill junior team members on best practices.

Skills

Retail Pricing

Price Optimisation

Numerical skills

Analytical skills

Data manipulation

Statistical techniques

Communication skills

Tools

Radar

SQL

Python

Job description

A leading insurance provider in the UK is seeking a Pricing Analyst to join their dynamic team in London. The role entails using pricing and underwriting expertise to enhance pricing capabilities while ensuring optimal customer outcomes. Ideal candidates will possess experience in retail pricing, strong analytical and communication skills, and the ability to apply complex statistical techniques in real-world insurance pricing scenarios. The position offers a hybrid work model and a comprehensive benefits package.