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Pricing Practitioner - General Insurance

TN United Kingdom

London

Hybrid

GBP 30,000 - 60,000

18 days ago

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Job summary

An established industry player is seeking a Pricing Practitioner to join their dynamic Pricing & Underwriting Chapter. This role offers a unique opportunity to work in a hybrid environment, where your ideas can shape the future of pricing strategies. You will engage with a talented team, utilizing your analytical skills to tackle complex challenges while ensuring customer satisfaction. With a strong emphasis on collaboration and innovation, you will play a pivotal role in enhancing pricing performance across various insurance sectors. If you are passionate about making a difference and thrive in a fast-paced environment, this position could be your next career move.

Benefits

50% off home, motor, and pet insurance

Free travel insurance

Green Flag breakdown cover

Up to 10% annual bonus

25 days holiday plus bank holidays

Health and Dental insurance

EV car scheme

Buy as you earn share scheme

Employee discounts and cashback

Qualifications

  • Previous pricing experience within an insurance pricing role required.
  • Knowledge of trading, modelling, and optimisation is essential.

Responsibilities

  • Support pricing & underwriting objectives and improve pricing performance.
  • Develop innovative solutions using technical and analytical skills.

Skills

Pricing Experience

Analytical Skills

Communication Skills

Problem Solving

Curiosity

Education

Experience in Insurance Pricing

Tools

Radar

Emblem

SAS

SQL

Python

Job description

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Client:

Direct Line Group

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Reference:

dba0d82dca9b

Job Views:

19

Posted:

14.03.2025

Expiry Date:

28.04.2025

Job Description:

Hybrid

Let’s make the most of your talent

Join us as a Pricing Practitioner within our Pricing & Underwriting Chapter, whether it’s optimisation, trading, retail or risk pricing or even data science, we’ve got an opportunity for you.

About Us:

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.

What you’ll be doing:

  1. Working in an agile way means you’ll take charge early on, soak up new experiences and most importantly your ideas will shape what we do – making a positive impact on our customers' lives.
  2. Support the delivery of your squad’s pricing & underwriting objectives.
  3. Improve DLG’s pricing performance and longer-term capability whilst maintaining pricing & underwriting discipline.
  4. Use your technical and analytical skills to develop innovative solutions to challenging problems.
  5. Perform pricing tasks to help your squad achieve its objectives and support colleagues when needed with their work.
  6. Engage in the wider Pricing & Underwriting community.
  7. Take ownership of projects and developing your skillset utilising the tools and network around you.

We are open to a range of insurance pricing backgrounds and if successful at interview you'll be placed into any one of our tribes; Motor Manufacturing, Motor Retail, Pet, Travel, Private, Darwin, Rescue or Home.

What we are looking for:

  1. Previous pricing experience within an insurance pricing role and the ability to work and create in an ever-changing environment.
  2. Knowledge and technical experience within general pricing such as trading, modelling, optimisation etc.
  3. Knowledge and/or desire to learn the following software; Radar, Emblem, SAS, SQL, Python.
  4. Display curiosity and collaboration as well as being an excellent communicator and a good problem solver.

What we offer:

  1. 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover.
  2. Up to 10% annual bonus.
  3. 25 days holiday (rising by 1 each year to 28) + bank holidays and option to buy or sell up to 5 days.
  4. Additional optional Health and Dental insurance.
  5. EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax-efficient way.
  6. Buy as you earn share scheme.
  7. Employee discounts and cashback.

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. Read our flexible working approach.

Be yourself:

We recognise and embrace people that work in different ways so if you need any reasonable adjustments within this recruitment process, please reach out to us and we can discuss how we can support you with this.

There’s no-one else like you. No-one with the exact same mix of strengths, quirks, skills, and thoughts. That’s why you could belong here. As part of a team, in a place that empowers you to be the best you can be. We’re proud of who we are, of what we do, and what every one of us brings. Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We know you're more than a CV, and the things that make you, you, are what bring potential to our business.

Join us: Help us keep innovating and putting customers at the heart of everything. To be an insurance company of the future. When we work together, we can all achieve great things. Inspiring, challenging, and supporting each other to aim higher.

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