Senior Data Scientist

Direct Line Group Careers; London; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

Direct Line Group is seeking a Data Scientist to join their Pricing and Underwriting team. The successful candidate will utilize statistical and machine learning techniques to analyze insurance data and develop pricing models. This hybrid position provides opportunities for growth and collaboration within a supportive team environment, while offering excellent benefits and a commitment to inclusivity.

Benefits

9% employer contributed pension

50% off insurance products

Additional Health and Dental insurance

Up to 10% AIP Bonus

EV car scheme

Generous holidays

Buy as you earn share scheme

Employee discounts and cashback

Qualifications

• Minimum 3+ years of experience in data science/pricing within insurance.
• Strong experience with statistical and machine learning techniques.
• Experience with insurance pricing or actuarial modeling.

Responsibilities

• Analyze and model insurance data using statistical and machine learning techniques.
• Develop pricing models reflecting market and customer behaviors.
• Collaborate with actuaries, underwriters, and data scientists.

Skills

Statistical techniques

Machine learning

Data science

Python expertise

Tools

Domino

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 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

In this role, you’ll use statistical and machine learning techniques to analyse and model insurance data. Working closely with actuaries, underwriters, and data scientists to develop pricing models that accurately reflect market and customer behaviours. Additionally, you’ll seek out new opportunities to apply data science techniques to insurance and support those around you to grow and develop, sharing your expertise and best practise with the wider business.

Working in an agile way means you’ll take charge early on, soak up new experiences and most importantly you’ll positively influence and shape what we do – making an impact on our customers lives. We’ll utilise your skills where they are most needed whilst also giving you to opportunity to build and grow the breadth of your expertise.

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

• Previous data science / pricing experience within insurance

• Strong experience with statistical and machine learning techniques

• Experience with insurance pricing or actuarial modelling

• Python expertise (candidates with experience in other programming languages will also be considered)

• Experience with Domino (or other cloud platforms) is an advantage

• Due to the requirements for this role, previous experience within insurance/pricing is essential (minimum 3+ years).

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 plus free travel insurance and 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. 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.

#LI-AW #LI-HYBRID