Senior Pricing Analyst 12m FTC

Senior Pricing Analyst 12m FTC

London Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our Motor Retail Modelling team to build models for price optimisation and monitor performance.
  • Company: DLG is a leading insurance provider focused on customer-centric solutions and innovation.
  • Benefits: Enjoy a 9% pension contribution, generous holidays, and discounts on insurance and travel.
  • Why this job: Be part of a dynamic team that values your skills and promotes work-life balance.
  • Qualifications: Degree in a numerate subject and 5+ years in insurance pricing required.
  • Other info: Hybrid working model with at least 2 days in the office; inclusive workplace culture.

The predicted salary is between 43200 - 72000 £ per year.

DLG is evolving. Across every facet of our business, our teams are embracing new opportunities and putting customers at the heart of everything they do. By joining them, you’ll have the opportunity to not just be recognised for your skills but encouraged to build upon them and empowered to do your absolute best. 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 12m FTC Within the Motor Retail Modelling team you’ll be responsible for building new models to feed into our price optimisation structure, predicting both market and customer behaviours. Alongside this you will monitor the performance of our existing models and look to explore new data sources and techniques to drive both customer and commercial value for the Motor business. Our hybrid model offers a \’best of both worlds\’ approach. When you\’ll be in the office depends on your role and team, but colleagues spend at least 2 days a week in the office What you’ll need Degree in numerate subject Experience working in insurance pricing (5+ years) A strong understanding of statistical techniques (e.g. GLMs) Experience of using SQL, Python, RADAR & EMBLEM ideal but not essential Due to the requirements for this role, previous experience within insurance/pricing is essential (minimum 5 years). Benefits We recognise we wouldn\’t be where we are today without our colleagues, that\’s why we offer excellent benefits designed to suit your lifestyle: 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% AIP Bonus EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way. Generous holidays Buy as you earn share scheme Employee discounts and cashback Plus, many more We want everyone to get the most out of their time at DLG. Which is why we’ve looked beyond the financial rewards and created an offer that takes your whole life into account. Supporting our people to work at their best – whatever that looks like — and offering real choice, flexibility, and a greater work-life balance that means our people have time to focus on the things that matter most to them. Our benefits are about more than just the money you earn. They’re about recognising who you are and the life you live. Be yourself Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We\’re delighted to feature as one of the UK\’s Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers. We know you\’re more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you. #LI-AW #LI-HYBRID #J-18808-Ljbffr

Senior Pricing Analyst 12m FTC employer: Direct Line Group Careers

At DLG, we pride ourselves on being an exceptional employer that values the contributions of our team members. With a strong focus on employee growth and a commitment to work-life balance, we offer a range of benefits including a generous pension scheme, flexible working arrangements, and opportunities for professional development. Our inclusive culture fosters diversity and encourages everyone to bring their authentic selves to work, making DLG a truly rewarding place to build your career as a Senior Pricing Analyst.
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Contact Detail:

Direct Line Group Careers Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Pricing Analyst 12m FTC

✨Tip Number 1

Familiarise yourself with the latest trends in insurance pricing and data analysis. Understanding how market dynamics affect pricing strategies will help you stand out during discussions with the hiring team.

✨Tip Number 2

Network with professionals in the insurance industry, especially those who work in pricing or analytics. Engaging with them can provide insights into the role and may even lead to referrals.

✨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 showcase your analytical abilities.

✨Tip Number 4

Prepare to discuss specific examples of how you've used statistical techniques in past roles. Being able to articulate your experience with GLMs and model performance monitoring will demonstrate your expertise.

We think you need these skills to ace Senior Pricing Analyst 12m FTC

Statistical Analysis
Experience in Insurance Pricing
Model Development
Data Interpretation
SQL Proficiency
Python Programming
Knowledge of GLMs
Market Behaviour Prediction
Performance Monitoring
Data Source Exploration
Commercial Value Analysis
Geospatial Data Analysis
Problem-Solving Skills
Attention to Detail

Some tips for your application 🫡

Understand the Role: Read the job description thoroughly to grasp the responsibilities and requirements of the Senior Pricing Analyst position. Highlight your relevant experience in insurance pricing and statistical techniques.

Tailor Your CV: Customise your CV to reflect your experience in insurance pricing, particularly focusing on your understanding of statistical techniques and any relevant software skills like SQL or Python. Make sure to quantify your achievements where possible.

Craft a Compelling Cover Letter: Write a cover letter that connects your background to the specific needs of the role. Emphasise your analytical skills and how they can contribute to building new models for price optimisation.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects attention to detail, which is crucial for a role that involves data analysis.

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

✨Showcase Your Analytical Skills

As a Senior Pricing Analyst, you'll need to demonstrate your strong analytical abilities. Be prepared to discuss specific examples of how you've used statistical techniques and data analysis in previous roles, particularly in insurance pricing.

✨Familiarise Yourself with Relevant Tools

While experience with SQL, Python, RADAR, and EMBLEM is ideal but not essential, showing familiarity with these tools can set you apart. Brush up on your skills and be ready to discuss how you've used similar tools in your past work.

✨Understand the Business Context

DLG places a strong emphasis on balancing business goals with customer needs. Research the company’s approach to pricing and be ready to discuss how you would align your modelling strategies with their objectives.

✨Prepare Questions About the Role

Interviews are a two-way street. Prepare insightful questions about the Motor Retail Modelling team and the challenges they face. This shows your genuine interest in the role and helps you assess if it's the right fit for you.

Senior Pricing Analyst 12m FTC
Direct Line Group Careers
Location: London
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