Feature Engineering Pricing Practioner
Feature Engineering Pricing Practioner

Feature Engineering Pricing Practioner

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
D

At a Glance

  • Tasks: Join our team to create innovative risk factors and enhance pricing strategies.
  • Company: Direct Line Group is a customer-focused insurance powerhouse with a commitment to excellence.
  • Benefits: Enjoy flexible hybrid working, generous leave, and discounts on insurance and travel.
  • Why this job: Make a real impact on customers' lives while developing your skills in a dynamic environment.
  • Qualifications: A degree in a numerate subject; experience with SQL, Python, or ArcGIS is a plus.
  • Other info: Embrace diversity and authenticity in a supportive workplace culture.

The predicted salary is between 36000 - 60000 £ per year.

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. 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 Pricing Practitioners, Data Scientists, 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 Feature Engineering Pricing Practitioner in the wider Risk Pricing team within our Home Tribe.

What you’ll be doing:

  • 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 the opportunity to build and grow the breadth of your expertise.
  • Working within the Home Feature Engineering team, you will be at the heart of creating new and improved Risk factors that allow DLG to fully understand what drives claim costs across all of the Home perils.
  • You’ll be able to combine a wealth of external and in-house data with industry-leading technology to explore the underlying trends that add sophistication to our pricing.
  • You’ll be making an impact from start to finish, from data preparation to model builds to deployment into live pricing!

What you’ll need:

  • Degree in a numerate subject
  • Graduate level intakes will be considered
  • Relevant insurance pricing knowledge ideal but not essential
  • Proficient user of Microsoft Office
  • Experience of using SQL, Python, RADAR & EMBLEM ideal but not essential
  • Experience of using ArcGIS or a passion for geographical/spatial analysis

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: Leeds, London, Manchester or Bristol.

What we’ll give you (Band 3):

  • 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.

Feature Engineering Pricing Practioner employer: Direct Line Insurance Group

At Direct Line Group, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. With flexible hybrid working arrangements across our vibrant locations in London, Bristol, Manchester, and Leeds, we empower our employees to thrive both personally and professionally, providing extensive benefits such as a generous pension scheme, substantial discounts on insurance products, and opportunities for career growth within a diverse and inclusive environment.
D

Contact Detail:

Direct Line Insurance Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Feature Engineering Pricing Practioner

✨Tip Number 1

Familiarise yourself with the latest trends in feature engineering and pricing strategies within the insurance sector. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.

✨Tip Number 2

Network with professionals in the insurance and data science fields. Attend industry events or join online forums where you can connect with current employees at Direct Line Group. This could provide you with insider insights and potentially a referral.

✨Tip Number 3

Brush up on your SQL and Python skills, as these are crucial for the role. Consider working on personal projects or contributing to open-source projects that involve data analysis to showcase your abilities.

✨Tip Number 4

Prepare to discuss how you would approach creating new risk factors based on data analysis. Think about specific examples from your past experiences where you successfully identified trends or improved processes, as this will demonstrate your problem-solving skills.

We think you need these skills to ace Feature Engineering Pricing Practioner

Feature Engineering
Data Preparation
Model Building
Deployment into Live Pricing
SQL
Python
RADAR
EMBLEM
Geospatial Analysis
ArcGIS
Statistical Analysis
Numerical Modelling
Attention to Detail
Problem-Solving Skills
Communication Skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Feature Engineering Pricing Practitioner position. Understand the key responsibilities and required skills, such as proficiency in SQL and Python, and how your background aligns with these requirements.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that match the job description. Emphasise any experience you have with data analysis, pricing strategies, or using tools like ArcGIS, RADAR, and EMBLEM.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the insurance industry. Mention specific projects or experiences that demonstrate your analytical skills and ability to work with data, and explain why you want to join Direct Line Group.

Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in a data-driven role.

How to prepare for a job interview at Direct Line Insurance Group

✨Showcase Your Analytical Skills

As a Feature Engineering Pricing Practitioner, you'll need to demonstrate your analytical prowess. Be prepared to discuss specific examples of how you've used data analysis in previous roles, particularly with SQL or Python, to solve complex problems.

✨Understand the Insurance Landscape

While relevant insurance pricing knowledge is ideal, it's not essential. However, showing that you have a basic understanding of the insurance industry and its challenges can set you apart. Research current trends and be ready to discuss how they might impact pricing strategies.

✨Emphasise Your Teamwork and Agile Experience

Direct Line Group values collaboration and agility. Share experiences where you've worked in teams, especially in agile environments. Highlight how you contributed to team goals and adapted to changing circumstances.

✨Prepare Questions About the Role

Interviews are a two-way street. Prepare insightful questions about the role, the team dynamics, and how success is measured. This shows your genuine interest in the position and helps you assess if it's the right fit for you.

Feature Engineering Pricing Practioner
Direct Line Insurance Group
D
Similar positions in other companies
Europas größte Jobbörse für Gen-Z
discover-jobs-cta
Discover now
>