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Senior Pricing Analyst

Direct Line Group

London

Hybrid

GBP 45,000 - 75,000

Full time

7 days ago
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Job summary

An established industry player is seeking a Senior Pricing Analyst to join their dynamic Motor Retail Modelling Team. In this pivotal role, you'll develop innovative models that enhance price optimization and predict customer behaviors, directly impacting the customer experience. With a focus on collaboration and agility, you will have the opportunity to influence the direction of the team while leveraging your expertise in statistical techniques and pricing analysis. This role offers a hybrid working model, allowing you to balance your time between home and the office. Join a company that values diversity and provides excellent benefits to support your lifestyle and career growth.

Benefits

9% employer contributed pension
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

  • Minimum 5 years of experience in insurance pricing is essential.
  • Strong understanding of statistical techniques and pricing analysis.

Responsibilities

  • Build new models for price optimization and predict market behaviors.
  • Monitor existing models and explore new data sources for value.

Skills

Statistical techniques
SQL
Python
GLMs
Pricing analysis

Education

Degree in numerate subject

Tools

RADAR
EMBLEM

Job description

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.

Join us as a Senior Pricing Analyst in our Motor Retail Modelling Team.

What you'll be doing

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.

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 (minimum 5 years).

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

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.

What we'll give you (Band 4)

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:

  • 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% bonus
  • EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
  • 25 days annual leave, increasing each year up to a maximum of 28
  • Buy as you earn share scheme
  • Employee discounts and cashback
  • Plus many more!

Being Yourself

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

Together we're one of a kind.

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#LI-AW1

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