Senior Van Pricing Analyst

Direct Line Group Careers; London; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

A leading company in the insurance sector seeks a Pricing Analyst to join the Commercial Motor Pricing team, focusing on optimizing pricing for van products. Candidates should have a relevant degree and significant experience in insurance pricing, complemented by strong analytical skills and proficiency in statistical techniques and software tools. The role offers hybrid working arrangements, excellent benefits, and opportunities for personal and professional development.

Benefits

9% employer contributed pension

50% off home, motor and pet insurance

Optional 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

• 4+ years experience in insurance pricing.
• Strong understanding of statistical techniques like GLMs and GBMs.
• Experience using pricing tools like Radar.

Responsibilities

• Assess optimum rates for van products.
• Extract and manipulate relevant data for pricing.
• Monitor performance post-implementation through MI tracking.

Skills

Statistical techniques

Data manipulation

Analytical skills

Education

Degree in numerate subject

Tools

Radar

Alteryx

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 Commercial Motor Pricing team, you’ll be responsible for assessing the optimum rates for our van products. This will include extracting and manipulating the relevant data, impact assessing prices changes, and supporting build and testing through to implementation. Once changes are live, you’ll be responsible for monitoring their performance through setting up MI tracking processes and analysing the impacts

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 (4+ years)

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

• Experience of using Radar

• Experience of using Alteryx & Emblem ideal but not essential

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 .

#LI-AW1 #LI-HYBRID