Senior Pricing Analyst 12m FTC

Direct Line Group Careers; London; Hybrid; GBP 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a skilled analyst to join their Motor Retail Modelling team. In this exciting role, you will develop models that optimize pricing strategies while balancing business goals and customer needs. With a strong focus on statistical techniques, you will leverage your expertise in insurance pricing to enhance existing models and explore innovative data sources. This forward-thinking company offers a hybrid work model and a comprehensive benefits package that promotes work-life balance and personal growth. Join a diverse team that values inclusion and empowers you to thrive in your career.

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 5 years of experience in insurance pricing.
• Strong understanding of statistical techniques, especially GLMs.

Responsibilities

• Build new models for price optimisation and monitor existing models.
• Explore new data sources and techniques to drive customer and commercial value.

Skills

Statistical Techniques

Insurance Pricing Experience

SQL

Python

Education

Degree in Numerate Subject

Tools

RADAR

EMBLEM

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

12m FTC

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).

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