Senior Pricing Analyst

Direct Line Insurance Group; London; Hybrid; GBP 50,000 - 75,000; Full time

Job summary

A leading insurance company seeks a motivated individual to join their Motor Retail Modelling team. In this role, you will build models to optimize pricing, utilizing your extensive experience in insurance pricing and statistical analysis. Join a supportive team that values both professional growth and customer satisfaction.

Benefits

50% off home, motor and pet insurance

Free travel insurance and breakdown cover

Optional Health and Dental insurance

Generous holidays

Buy as you earn share scheme

Employee discounts and cashback

EV car leasing scheme

Up to 10% AIP Bonus

Qualifications

• Minimum 5 years of experience in insurance pricing required.
• Strong understanding of statistical techniques mandatory.
• Experience with SQL, Python, RADAR & EMBLEM preferred.

Responsibilities

• Build new models for price optimisation.
• Monitor performance of existing models.
• Explore new data sources for customer and commercial value.

Skills

Statistical techniques

SQL

Python

GLMs

Education

Degree in numerate subject

Tools

RADAR

EMBER

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

Within the Motor Retail Modelling team you’ll be responsible for building new models to feed into our price optimisation structure, predicting both market and customer behaviours. Alongside this you will monitor the performance of our existing models and look to explore new data sources and techniques to drive both customer and commercial value for the Motor business.

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

Degree in numerate subject

Experience working in insurance pricing (5+ years)

A strong understanding of statistical techniques (e.g. GLMs)

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

Due to the requirements for this role, previous experience within insurance/pricing is essential (minimum 5 years).

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% 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.

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.

It could be within our broad Tech & Data roles or perhaps with the people-centric Customer Services & Claims team. Your expertise might be best suited to a financial or HR or legal route. Or your skillset makes you a perfect fit for our Auto Services function. The one thing they share? When you work here, the support you get goes beyond the day-to-day.

We’ve got some of the most well-known names under our umbrella. From Direct Line and Churchill to Green Flag, Darwin and Privilege. So, whatever your skills or experience, there’s a place for you at DLG.

You could be starting out in your career, taking the next exciting step or simply looking for a change. Here, we’ll ensure that you have the capacity to truly own your development while feeling confident you’re making your mark.