Senior Pricing Analyst 12m FTC

Direct Line Group Careers; Manchester; Hybrid; GBP 45,000 - 70,000; Full time

Job summary

An established industry player is seeking a talented analyst to join their Motor Retail Modelling team. This role involves developing innovative models to support price optimisation strategies and predicting market behaviors. With a hybrid working model, you will have the flexibility to balance your professional and personal life while contributing to a team that values diversity and inclusion. The company offers a competitive benefits package, including generous holiday entitlement and a robust pension scheme, ensuring you are well-supported in your career journey.

Benefits

9% Employer-Contributed Pension

50% Discount on Insurance

Optional Health and Dental Insurance

Up to 10% AIP Bonus

EV Car Scheme

Generous Holiday Entitlement

Buy as You Earn Share Scheme

Employee Discounts and Cashback

Qualifications

• 5+ years of experience in insurance pricing is essential.
• Strong understanding of statistical techniques like GLMs.

Responsibilities

• Develop new models for price optimisation strategies.
• Monitor existing models' performance and explore new data sources.

Skills

Statistical Techniques (GLMs)

Insurance Pricing Experience

SQL

Python

RADAR

EMBLEM

Education

Degree in a Numerate Subject

Tools

SQL

Python

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 complex field where historical data, geospatial information, and mathematical models converge, requiring talented analysts. Our Pricers and Underwriters are essential in balancing business goals with customer needs, reducing risk, predicting future events, and ensuring our business growth while offering the best prices to our consumers.

What you’ll be doing

12-month FTC

Within the Motor Retail Modelling team, you will be responsible for developing new models to support our price optimisation strategies, predicting market and customer behaviors. You will also monitor existing models' performance and explore new data sources and techniques to enhance value for the Motor business.

Our hybrid working model offers flexibility, with colleagues typically spending at least 2 days a week in the office depending on their role and team.

What you’ll need

• Degree in a numerate subject
• At least 5 years of experience in insurance pricing
• Strong understanding of statistical techniques such as GLMs
• Experience with SQL, Python, RADAR & EMBLEM is preferred but not mandatory
• Previous experience within insurance/pricing is essential for this role (minimum 5 years).

Benefits

We value our colleagues and offer benefits designed to support your lifestyle:

• 9% employer-contributed pension
• 50% discount on home, motor, and pet insurance, plus free travel insurance and Green Flag breakdown cover
• Optional Health and Dental insurance
• Up to 10% AIP Bonus
• EV car scheme for leasing electric or hybrid cars
• Generous holiday entitlement
• Buy as you earn share scheme
• Employee discounts and cashback
• And many more

Our focus extends beyond financial rewards, promoting work-life balance and flexibility to support your overall well-being. We aim to create an inclusive environment where everyone can thrive and be themselves.

Be yourself

Direct Line Group is committed to diversity and inclusion, recognized as one of the UK's Top 50 Inclusive Employers. We welcome applications from all backgrounds and are happy to accommodate any adjustments needed during the recruitment process.

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