Senior Home Feature Engineering Pricing Practitioner

Direct Line Group Careers; Bristol; Hybrid; GBP 45,000 - 60,000; Full time

Job summary

A leading insurance company seeks a Feature Engineering Pricing Practitioner to influence pricing strategies and model development in their Risk Pricing team. You will work with external data and internal leadership to innovate pricing models that balance business goals with customer needs, ultimately driving positive customer outcomes.

Benefits

9% employer contributed pension

50% off home, motor and pet insurance

Up to 10% AIP Bonus

Generous holidays

Employee discounts and cashback

Qualifications

• Minimum of 3 years' experience in an insurance analytical role.
• Experience of ArcGIS applications necessary.
• Effective communication skills with senior management.

Responsibilities

• Create new and improved risk factors for pricing models.
• Lead projects in Pricing and Underwriting using GIS technology.
• Improve statistical validity and efficiency of modelling processes.

Skills

Analytical Skills

Communication

Stakeholder Management

Education

Degree in Mathematics or related field

Tools

ArcGIS

SQL

Python

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

Join us as a Feature Engineering Pricing Practitioner in the wider Risk Pricing team within our Home Tribe.

You’ll take charge early on, soak up new experiences and most importantly your ideas will 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.

Working within the Home Feature Engineering team, you will be at the heart of creating new and improved Risk factors that allow DLG to fully understand what drives claim costs, across all of the Home perils. You’ll be able to combine a wealth of external and in-house data with industry-leading technology to explore the underlying trends that add sophistication to our pricing. You’ll be making an impact from start to finish, from data preparation, to model builds, to deployment into live pricing!

• Work with the Home Personal Lines leadership and external data providers to harness the most value from all available data sources

• Lead on prioritised projects within Pricing and Underwriting, with a focus on projects involving use of GIS technology, creating and maintaining market leading geospatial rating tools and data assets

• Strive continuously to improve the statistical validity and efficiency of all modelling, projection processes and techniques

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 or a related degree

• A minimum of 3 years’ experience working in a general insurance analytical role or equivalent experience in another industry

• Experience of ArcGIS applications necessary

• Experience of using SQL, Python, RADAR & EMBLEM ideal but not essential

• An effective communicator at all levels. Be able to demonstrate strong relationship management and stakeholder engagement skills, including a proven ability to interact with Executive and Senior Management.

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 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.

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