Rescue Pricing Data Scientist

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 Rescue Pricing Data Scientist in our Rescue Modelling & Capability Team. Green Flag have a legacy of being a strong brand in the Rescue market – we’re looking for an enthusiastic and self-motivated pricer/data scientist to join our exciting team as we look to grow our brands and offerings. 

What you’ll be doing

(Band 4)

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 to opportunity to build and grow the breadth of your expertise.

Reporting into the Pricing & Underwriting Modelling & Capability lead, key responsibilities will include:

• Risk & Retail predictive modelling buildsusing Python, and utilising latest data science techniques

• Testing & validating model performance

• Introduce new modelling techniques safely, or to support wider tribe on potential data science modelling activities as required (e.g. claims optimsation).

• Share data science best practice within team and externally.

• Supporting on trading activity, including proposals, testing & PIRs

• Managing model performance 

• Interrogating of regular reporting & conduct processes to support Pricing outcomes

• Managing risk & trading performance, via Actual vs Expected and model development.

• Monitoring performance dashboards, identifying threats & opportunities

• Liaising with our Pricing Optimisation & Trading teams to deliver great customer and commercial outcomes

• Working closely with the pricing & underwriting team to deliver great pricing & underwriting outcomes.

• Adherence to relevant pricing controls.

• Dealing with pricing referrals as required.

What you’ll need

• Experience working in Python. 

• Experience of pricing a personal lines insurance product, in either a risk or trading capacity.

• Strong understanding of modelling processes and concepts, and ability to lead on technical modelling builds.

• SQL skills required, SAS experience also preferable but not essential

• Sagemaker experience preferable but not required.

• Ability to innovate & work in a fast paced environment, working with a breadth of initiatives

• Experience working to budgets & developing business cases for capability enhancement

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.

This role is available in our London, Bristol, Leeds or Glasgow offices.

Read our flexible working approach here

What we’ll give you

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