Pricing Practitioner

TN United Kingdom; London; Hybrid; GBP 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a General Insurance Senior/Principal Pricing Analyst to join their dynamic Pricing & Underwriting Chapter. In this role, you'll leverage your expertise in insurance pricing, trading, and risk modelling to enhance pricing performance and customer satisfaction. Collaborate with talented analysts in an agile environment, where your contributions will directly impact the business and its customers. Enjoy excellent benefits including generous holiday allowances, a bonus scheme, and opportunities for professional development. This is a unique opportunity to innovate and support a customer-centric approach in a hybrid work model.

Benefits

50% off home, motor, and pet insurance

Free travel insurance

Breakdown cover

Up to 10% annual bonus

25 days holiday, rising to 28

Health and Dental insurance

EV car scheme

Buy as you earn share scheme

Employee discounts

Cashback

Qualifications

• Experience in an insurance pricing role with adaptability in changing environments.
• Technical expertise in trading, modelling, and optimisation.

Responsibilities

• Lead pricing and underwriting outcomes to achieve squad goals.
• Utilize technical skills to develop innovative solutions.

Skills

Insurance Pricing Experience

Trading

Modelling

Optimisation

Risk Modelling

Communication Skills

Problem-Solving Skills

Tools

Radar

Emblem

SAS

SQL

Python

Job description

Social network you want to login/join with:

Leeds, London & Home (office visits c. once per month)

Let’s make the most of your talent

Join us as a General Insurance Senior/Principle Pricing Analyst within our Pricing & Underwriting Chapter. Whether it’s optimisation, trading, retail, risk pricing, or data science, we’ve got an opportunity for you.

About Us:

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field, we’re a customer-obsessed market powerhouse. We all work together to be brilliant for customers, every single day.

Pricing and Underwriting is a complex world where historical data, geospatial information, and mathematical models meet talented analysts. Pricing our products involves balancing business goals with customer needs. Our pricers and underwriters are the best of the best, reducing risk and predicting future events to ensure our business growth and customer satisfaction.

What you’ll be doing:

Working in an agile environment, you'll take charge early on, absorb new experiences, and positively influence our work—making an impact on our customers’ lives. You’ll utilize your skills where most needed and have opportunities to expand your expertise. You’ll join one of our tribes (home, motor, pet, travel, etc.) and focus on a key area of pricing within a squad.

Lead the delivery of pricing & underwriting outcomes within your domain (trading, optimisation, risk pricing, etc.) to help your squad achieve its goals.

Support decision-making aligned with commercial, customer, and strategic goals.

Enhance DLG’s pricing performance and long-term capabilities while maintaining discipline.

Use your technical and analytical skills to influence your team and the wider chapter, developing innovative solutions to challenging problems.

Engage with the broader Pricing & Underwriting community and influence objectives and priorities.

Support colleagues’ work and development, building overall squad capability.

Lead relevant pricing and chapter projects as needed.

What we are looking for:

Previous experience in an insurance pricing role, with the ability to adapt in a changing environment.

Technical expertise in areas like trading, modelling, optimisation, risk modelling, etc.

Proficiency with software/tools such as Radar, Emblem, SAS, SQL, Python.

Curiosity, collaboration, excellent communication, and problem-solving skills.

Ability to positively influence stakeholders.

What we offer:

Excellent benefits including:

• 50% off home, motor, and pet insurance, plus free travel insurance and breakdown cover
• Up to 10% annual bonus
• 25 days holiday, rising to 28, plus bank holidays and options to buy or sell days
• Optional Health and Dental insurance
• EV car scheme for leasing electric or hybrid cars
• Buy as you earn share scheme
• Employee discounts and cashback

We value your unique strengths and encourage you to join us to help innovate and keep customers at the heart of everything we do. Together, we can achieve great things through collaboration and support.

Ways of Working:

Our hybrid model combines home and office working, with flexibility based on your role. We consider flexible working options to suit your needs. Read our flexible working approach. If you need reasonable adjustments during recruitment, please reach out to us to discuss support options.