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Trading & Market Insight Analyst

Churchill Court, BR1 1DP
Permanent
Full time
Ref:R-5674

About Us:

Direct Line Group intend to launch a new product in Q2 2019 which uses pricing based on market pioneering machine learning techniques.

The position of Trading & Market Insight Analyst will work within a newly formed team which is dedicated to ensuring the new product is a success. The role will be to maximise value from internal and external data sources to gain insight and create trading hypotheses that can then be tested in the market. As such the Trading & Market Insight Analyst must display highly developed investigative skills and also have a sense of commercial acumen and understanding to translate data into meaningful solutions.

Purpose of the role

The role will be to maximise value from internal and external data sources to gain insight and create trading hypotheses that can then be tested in the market. You must display highly developed investigative skills and also have a sense of commercial acumen and understanding to translate data into meaningful solutions.

We’re looking for someone with high quality data analysis– excel, tableau who is awesome at converting data into actionable insight into proposal for change. Hypothesis generation and the ability to discuss pricing models with insurance pricing and underwriting is essential.

You will have very strong numerical abilities and experience working in an E-trading environment.

Who you’ll be working with:

You will work within a newly formed team which is dedicated to ensuring the new product is a success.

What you’ll be doing:

  • You will ensure pricing models are delivering to the reality once policies have been written.
  • You will find areas where the pricing model might not work and looking to cut footprint or apply adjustment factor.
  • You will have a comprehensive understanding of all the data within the MSM IQ and CI products.
  • You will discover and continuously look for new opportunities – e.g. pricing models not working for newer cars (no historical data).
  • Understanding and following what similar companies are working on.
  • Managing and supporting trade-off between instalment rate and risk cost.
  • Analysing test and learn performance between test and control for journey changes.
  • Ensuring pricing are prioritising to deliver improved trading results.
  • Articulating renewal pricing strategy and margin pricing strategy .
  • Keeping on top of trading screen and come up with intra day, intra week, intra month trading strategies.

What we’ll give you

Join us and you’ll find yourself in the middle of a bustling new team. We’re always encouraging internal development and you’ll have access to loads of learning opportunities, events and conferences to build your industry knowledge. We also have quiz nights, team lunches, wellness walks and team nights out.

Direct Line Group are an equal opportunity employer who value diversity. We do not discriminate and we recognise and embrace that people work in different ways. We will always adapt so you have the best and most comfortable working environment. If during the recruitment process you require any reasonable adjustments, please just let us know.

Career benefits and rewards

Rewarding you is really important to us, as well as offering a competitive salary and generous holiday entitlement; you can take advantage of a wide range of benefits. The best part is you can pick and choose the benefits to suit your own lifestyle, but also pass on some of the savings to family and friends. Here are just a few we have on offer:

  • A competitive salary, benchmarked against our competitors, which will grow as you do.
  • Pension 9% of your base salary, you can choose to contribute less or more than this, and anything you don’t wish to put in to your pension you can take as cash instead!
  • Private medical insurance (anyone can choose this through our flexible benefits scheme, and managers receive this as standard)
  • Attractive holiday entitlement
  • 50% off our Home, Motor and Pet insurance
  • Free Travel insurance
  • Free Green Flag breakdown cover
  • Flexible rewards including Life insurance, income protection, critical illness insurance, personal accident insurance
  • Retail card, with discounts at big name retailers
  • My Discounts - a discounts website for all our employees, with great discounts, cash back savings and offers across hundreds of brilliant  high street brands, travel, tickets, gym memberships and much more.


Who we are
Direct Line Group is an organisation with a clear mission: to make insurance much easier and better value for customers. We are one of the leading motor, home and small business insurers in the UK. We are home to some of the nation's best-known brands, including Direct Line, Churchill, Privilege, Green Flag and NIG.

Life at Direct Line Group

We recommend that you read our colleagues’ stories and ask them a question on our live discussion platform www.directlinegroupcareers.com/ask-our-people. This will help you learn more about us and be better prepared for interviews.