Packages Pricing Analyst

TN United Kingdom; London; Hybrid; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a Pricing Analyst to join their dynamic team. This role involves creating impactful solutions to enhance pricing performance, analyzing trading metrics, and developing pricing models. You will collaborate with key stakeholders and contribute to strategic business decisions while fostering a culture of knowledge sharing. With a focus on personal development, this position offers opportunities for growth and skill enhancement. The company promotes a hybrid work model, allowing for a balance between office and remote work, ensuring flexibility and connection in a supportive environment.

Benefits

50% off home, motor, and pet insurance

Free travel insurance

Health and Dental insurance

Up to 10% annual bonus

EV car scheme

Generous holidays

Buy as you earn share scheme

Employee discounts and cashback

Qualifications

• Experience in a pricing or analytical role is desirable.
• Educated to at least degree level in a numerically-focused degree.

Responsibilities

• Create impactful solutions to improve pricing performance.
• Analyze trading performance and track KPIs.
• Develop pricing models and monitor their effectiveness.

Skills

Analytical Skills

Communication Skills

Team Collaboration

Problem Solving

Education

Degree in a numerically-focused field

Job description

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At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.

We’ve now welcomed our new CEO, Adam Winslow, and are at the start of an exciting period of change for DLG. With ambitious plans for large-scale transformation, we’re going to see a refreshed strategy to drive value for our customers, colleagues and shareholders.

What you’ll be doing

As a Pricing Analyst you’ll join the wider Pricing & Underwriting team, pro-actively planning and managing your own tasks to ensure the timely and accurate delivery of projects, and engaging in technical discussions with both external suppliers and internal stakeholders to ensure current and future business needs are met.

Key Accountabilities

• Create and deliver impactful solutions to improve DLG’s pricing performance and longer-term pricing capability, whilst maintaining underwriting discipline
• Provide key analytical support and insight to inform wider business decisions and strategy, ensuring robustness of output and clear recommendations
• Create meaningful and collaborative relationships with both key stakeholders and the wider business in order to produce and deliver aligned outcomes across a variety of requirements
• Assist with the development of pricing models and ensure their appropriate use and application. Monitor the effectiveness of models on an ongoing basis to ensure they are fit for purpose and suggest areas of development
• Analyse trading performance and create, monitor and track KPIs, including producing & analysing tactical MI, and develop recommendations to support the trading objectives. Identify gaps in existing MI and develop improvements
• Plan, manage and deliver critical tasks and projects in a pro-active, timely and accurate manner, providing insights, impacts and recommendations
• Help foster a culture of sharing knowledge through using effective interactions with peers in other areas of DLG and communicating this across the team
• Develop yourself in order to maximise your personal contribution to the team and identify opportunities to gain additional skills, including through secondments and/or rotations
• Identify opportunities for improvements to enable tasks to be performed in a more efficient manner. Challenge current processes appropriately with suggestions as to how these can be refined
• Strive to learn as much as possible about pricing and underwriting systems and how the wider business and insurance market impact on our pricing and performance decisions. Utilise this knowledge to create original and insightful solutions or improvements to current pricing or processes
• Play an active role in the induction and training of new members to the team thus ensuring a personal feel to their integration into the team; act as a first point of contact on technical and process issues
• Identify, own and manage the risks involved in running our business appropriately to this role, in line with the company risk framework. Communicate to peers and team managers in a timely manner where you have discovered price, model or data issues and suggest appropriate remedial actions
• Ensure compliance with core DLG Policies, statutory and regulatory requirements, governance controls (including all relevant risk minimum standards) and timely completion of risk and audit actions, ensuring reputational risk is minimised
• Reinforce the culture and core values of DLG through appropriate behaviours and actions

Business:

• You will exhibit good communication skills and be able to demonstrate personal effectiveness
• You will be a team player but also be able to use your own initiative

Technical:

• Relevant work experience within a similar pricing or analytical role is desirable
• You will be educated to at least degree level or equivalent in a numerically-focused degree

What we’ll give you

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:

• 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover
• Additional optional Health and Dental insurance
• Up to 10% annual 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

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. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.

Ways of working

Our hybrid model offers a 'best of both worlds' approach. The perfect blend between connection and flexibility combining the best parts of home and office working. When you'll be in the office depends on your role and team, but most colleagues spend 2 days a week in the office. For more information about our flexible working approach click here.