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Senior Data Scientist

Direct Line Insurance Group

London

Hybrid

GBP 50,000 - 95,000

30+ days ago

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Job summary

An established industry player is seeking a Senior Data Scientist to join their Motor Retail Pricing team. This role offers an exciting opportunity to leverage statistical and machine learning techniques to analyze insurance data and develop accurate pricing models. You will collaborate with actuaries and underwriters, making a significant impact on customer pricing strategies. The company champions a hybrid work model, allowing flexibility while fostering a diverse and inclusive work environment. With excellent benefits and a commitment to personal growth, this position is perfect for those looking to advance their career in a dynamic setting.

Benefits

50% off home, motor and pet insurance

Free travel insurance

Green Flag breakdown cover

Health and Dental insurance

Up to 10% bonus

EV car scheme

25 days annual leave

Buy as you earn share scheme

Employee discounts and cashback

Qualifications

  • Experience in data science or pricing within insurance is essential.
  • Strong statistical and machine learning skills required.

Responsibilities

  • Analyze and model insurance data using statistical and machine learning techniques.
  • Develop pricing models reflecting risk and customer behaviors.

Skills

Data Science

Statistical Techniques

Machine Learning

Python

Insurance Pricing

Actuarial Modelling

Cloud Platforms (Domino)

Education

Master's/PhD in Quantitative Field

Professional Certificates in Quantitative Field

Job description

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.

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.

Join us as a Senior Data Scientist in our Motor Retail Pricing team.

What you’ll be doing

In this role, you’ll use statistical and machine learning techniques to analyse and model insurance data. Working closely with actuaries, underwriters, and data scientists to develop pricing models that accurately reflect risk and customer behaviours. Additionally, you’ll seek out new opportunities to apply data science techniques to insurance and support those around you to grow and develop, sharing your expertise and best practices with the wider business.

Working in an agile way means you’ll take charge early on, soak up new experiences and most importantly you’ll positively influence and shape what we do – making an impact on our customers' lives. We’ll utilise your skills where they are most needed whilst also giving you the opportunity to build and grow the breadth of your expertise.

Due to the requirements for this role, previous experience within insurance/pricing is essential.

What you’ll need

  1. Previous data science / pricing experience within insurance
  2. Master's/PhD/professional certificates or experience in a quantitative field
  3. Strong experience with statistical and machine learning techniques
  4. Experience with insurance pricing or actuarial modelling
  5. Python expertise (candidates with experience in other programming languages will also be considered)
  6. Experience with Domino (or other cloud platforms) is an advantage

Ways of working

Our hybrid model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. When you'll be in the office depends on your role, but most colleagues are in 2 days a week, and we'll consider the flexible working options that work best for you.

We wouldn’t be where we are today without our people and the wide variety of perspectives and life experiences they bring. That’s why we offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and office-working, varying with the nature of your role. Our core benefits include:

  1. 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover
  2. Additional optional Health and Dental insurance
  3. Up to 10% bonus
  4. EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax-efficient way
  5. 25 days annual leave, increasing each year up to a maximum of 28
  6. Buy as you earn share scheme
  7. Employee discounts and cashback
  8. Plus many more!

Difference makes us who we are. We believe everyone should feel comfortable to bring their whole selves to work – that’s why we champion diverse voices, build workplaces that work for people, and invest in the things that matter. From senior leadership to inclusivity networks, adaptive working to inclusion training, we’ve made it our mission to give you everything you need to be authentically you. Discover more at directlinegroupcareers.com

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