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Pricing Analyst

Churchill Court, Bromley, BR1 1DP
Full time
The role

This is an exciting career opportunity in the field of Commercial Lines pricing that would suit a recent or upcoming graduate, or experienced analyst who is able to provide innovative and effective analysis for Direct Line Group with a focus on the delivery of Pricing recommendations for Commercial Lines packages business for our broker and direct brands.

Commercial Lines is an increasingly meaningful part of Direct Line Group’s success story, making up £74m of DLG’s 2017 total operating profit of £611m. Going forward, there are ambitious plans to deliver further performance improvements via a pricing transformation program that entails using improved risk, geo and demand models, having an improved data infrastructure, and having access to an advanced suite of analytical tools.

The vacancy is within the Commercial Packages Pricing team, which focuses on Landlord, Tradesman and other SME products. We are recruiting a Pricing Analyst to join the team in Bromley.

What we’re looking for:

  • Knowledge of database programming languages and Microsoft Excel skills are preferred
  • You will be educated to A-level standard, with a minimum of A in Mathematics or a closely related subject.
  • You will be undertaking an analytical, numeric degree
  • You’ll be a great communicator with strong relationship building skills
  • You’ll be a logical thinker and improvement focused

Who you'll be working with:

You will be working with colleagues of varying levels and disciplines including the wider Pricing team, Underwriting and Business managers. Your direct line manager will be Peter Butters, Pricing Manager.

What you'll be doing:

You will be part of the Commercial Packages Pricing team, but it is a varied role where you might assist with projects with other teams within the department. Your focus will be on Landlord, Tradesman and other SME products. You'll need to balance longer-term projects with fulfilling smaller requests, and be prepared to adapt your work as our business needs adapt.

As with any of our pricing roles you will have a responsibility to analyse product performance and provide insight to support our business managers in achieving their targets. You may also be involved in projects that implement new factors, data or risk model improvements into our rating algorithms, or aid development of our long term pricing capabilities.

You will build relationships and represent the team. We need great presenters who can understand and communicate pricing ideas clearly to colleagues from other business areas. We also need someone who can develop trust, and influence decisions when there are difficult choices to be made.

Commercial Lines are transforming their pricing capability, and investing in technology and data to support this. As a result there is plenty of opportunity for you to make an impact on how we do things in the future, as well as having an impact on current product pricing.

Proactive thinking and a drive to improve yourself as well as the work you and your colleagues do is also very important. This is a department that is always looking to improve, and your insight will be very valuable in our efforts to deliver a robust product which delivers great customer value.

What we’ll give you

We have a strong focus on developing you and your skillset and work hard to give you the tools to do so. In addition to this we also offer a generous benefits package including family and work life balance focused options such as: fully paid maternity leave and parental leave, flexible working, insurance savings for you and your family as well as a range of other optional benefits.

Hours: 35 hours (Monday - Friday 9am-5pm)

Life at Direct Line Group

Let our colleagues answer your questions and tell you what it’s really like to work at DLG. Visit our discussion hub (https://directlinegroupcareers.career-inspiration.com/app/home/) to find out why Direct Line Group is a special place to work.

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.