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Portfolio Pricing Manager, Insuretech

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

What we’re looking for

We are looking for a Portfolio Pricing Manager to be accountable for creating and delivering pricing strategies across of our Insuretech business - Darwin. It is a key role in Darwin's start-up team and will suit someone able to apply their experience of insurance and their commercial acumen to Insurance pricing and risk selection.

If you join you'll play a lead role in one of the most innovative and game-changing pricing and underwriting functions in the UK insurance market.

This role is unlike any other at DLG, or for that matter at any other established insurance company. We operate as a start-up business and are on the cusp of transitioning into a truly exciting scale-up phase. This role has huge potential to make a material contribution to shaping the Darwin business, and in turn, the wider DLG.

What you’ll be doing

You’ll be central to developing and implementing Darwin’s approach to customer lifetime value pricing. Using your experience and knowledge we will look to you to overlay actuarial, commercial, and insurance expertise onto Darwin’s bespoke and unique machine learning models and pricing approach.

You will also:

  • Create Darwin’s retail pricing and optimisation processes across the new business and renewal portfolios – always looking to develop and improve this over time
  • Deliver retail pricing strategies to help achieve Darwin’s commercial goals.
  • Collaborate and communicate on P&U recommendations with the wider business
  • Pro-active delivery of tactical pricing proposals to ensure that Darwin’s commercial targets are achieved.
  • To be an active member of the Darwin Trading Committee.
  • Developing and monitoring pricing MI and portfolio performance, pro-actively solving emerging issues.
  • Providing commercial and actuarial challenge to technical (risk and retail) model developments.
  • Contribute positively to the team and the process to continuously improve our solutions to business challenges

Who you'll be working with

The Darwin team consists of true subject matter experts within their fields, and you will have the opportunity to grow in our small team of data scientists, pricing and underwriting specialists. You are reporting into Matthew Fothergill, Head of P&U.

What we'll give you

Come join us and you’ll find yourself in the middle of one of the most on-the-go teams in the business, with autonomy and exposure to industry leaders on huge household brand names. We are always encouraging internal development and you’ll have access to loads of learning opportunities, events and conferences to build your industry knowledge.

We also know that your Life/Work balance may mean that ‘normal’ working hours are not always the right fit for you! But just contact our team, we're always happy to chat through your requirements and see what is doable.

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.