Senior Packages Pricing Analyst

Direct Line Group Careers; Leeds; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading insurance company based in Leeds is seeking a skilled Pricing Analyst to join their Commercial Packages Pricing team. The role requires a minimum of 3 years in an insurance pricing environment, strong analytical skills, and a degree in a numerate subject. The position offers a hybrid working model with competitive benefits, including a substantial pension scheme and additional health insurance options.

Benefits

9% employer contributed pension

50% off home, motor and pet insurance

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 of 3 years insurance experience in pricing.
• Expertise in data handling and pricing software is desirable.

Responsibilities

• Develop knowledge of pricing systems and industry issues.
• Create innovative pricing solutions for product success.
• Identify and manage risks in pricing processes.

Skills

Insurance pricing experience

Data analysis and interpretation

Relationship building

Education

Degree in a numerate subject (e.g. Maths, Statistics, Economics)

Tools

Radar

Emblem

Alteryx

Tableau

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

You will be part of the Commercial Packages Pricing team, which is responsible for pricing of products such as Landlord, Small and Medium Enterprises, and Tradesperson insurance.

You will be reporting to the Projects Pricing Manager and will be involved in a broad range of Packages Pricing activities, including:

• Develop knowledge of pricing and underwriting systems and processes; develop your business, market knowledge and awareness of relevant industry issues which impact your area & incorporate in the work that you do.

• Create innovative and technical pricing solutions which contribute to the product and portfolio success as well as building capability in increasing the efficiency and accuracy of delivery.

• Identify, manage and deliver specific tasks and projects in a pro-active, timely and accurate manner, providing insights, impacts and recommendations.

• Enhance monitoring tools to understand the performance of the products and mix changes.

• Contribute towards upskilling and the wider development of skills across the pricing and underwriting department.

• Ensure that pricing controls are followed with respect to rate testing, implementation and adherence to the wider company risk and control appetite.

• 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 Direct Line Policies, statutory and regulatory requirements, governance controls (including all relevant risk minimum standards) and timely completion of risk and audit actions.

• Reinforce the culture and values of Direct Line through appropriate behaviours and actions.

This role is based in either Leeds or London, and you will be attached to one of our offices depending on your location. 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

• A minimum of 3 years insurance experience working within an insurance pricing environment

• Skills in the analysis & interpretation of data and building relationships with key stakeholders across the business.

• Degree in a numerate subject (e.g. Maths, Statistics, Economics, Operational Research);

• Expertise in different types of pricing and data handling software is desirable, especially Radar, Emblem, Alteryx and Tableau.

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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