Senior Risk Pricing Practitioner
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.
What you’ll be doing
We’ll utilise your skills where they are most needed whilst also giving you an opportunity to build and grow the breadth of your expertise. There will be scope to soak up new experiences and most importantly you’ll positively influence and shape what we do – making an impact on our customers lives.
Your job responsibilities may include:
- In depth analysis of large datasets utilising a combination of SQL, Python and Radar
- Sharing any insights from this analysis at cross departmental meetings representing the Manufacturing Team
- Be responsible for supporting the deployment of our pricing to the market
- Identifying opportunities to help the business evolve and enhance existing processes
- Mentoring and supporting more junior colleagues
- Evaluating opportunities to use new data sources in our pricing
You’ll report to a Band 5 Pricing Practitioner, and work alongside a team of three experienced colleagues. Between us we hold a breadth of experience across the industry, but we’re always open to new approaches.
What you’ll need
- General insurance pricing experience or previous experience in an analytical role
- Excellent problem solving skills, with an ability to consider multiple scenarios and anticipate outcomes for our customers
- Familiarity with SQL, Radar and Python
- Strong communication and presentation skills, with an ability to explain findings to both a technical and non- technical audience
- Numerical skills and an attention to detail
- Good knowledge of insurance processes outside of pricing
- A numerate degree in Mathematics, Statistics or related subjects
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.
Office Location: London (Hybrid) – 2 Days a week in the office.
Read our flexible working approach here
What we’ll give you (Band 3)
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
#LI-AW1
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