Packages Principle Analyst

Packages Principle Analyst

London Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Packages Pricing team to analyse data and support pricing projects.
  • Company: DLG is a forward-thinking company focused on customer-centric solutions.
  • Benefits: Enjoy flexible working, generous holidays, and discounts on insurance and cars.
  • Why this job: Be part of a dynamic team that values your skills and promotes growth.
  • Qualifications: Experience with Radar software and pricing analysis is essential.
  • Other info: We celebrate diversity and offer an inclusive workplace for all.

The predicted salary is between 28800 - 48000 £ 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:

You will be working with Packages Pricing team on one of the big projects within Commercial Direct providing support through:

  • Development of emulator in Radar to support pricing testing

  • Conducting analysis and preparing pricing proposals to meet product innovation requirements, development of impact environment if needed

  • Participating in price deployment, including development of testplan, investigation of any discrepancies and ensuring pricing controls are followed

  • Contributing to any other part of the project requiring pricing expertise, market and product knowledge

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:

  • Extensive knowledge of Radar software including development of emulators and impact environments, ready to get started as soon as the pricing spec completed

  • Experience in pricing analysis, including paper preparation and presentation

  • Good understanding of the price deployment process, including testing and control framework

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 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-AW1 #LI-HYBRID

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Packages Principle Analyst employer: Direct Line Group Careers

At DLG, we pride ourselves on being an exceptional employer that values the unique contributions of each team member. Our hybrid work model fosters flexibility and work-life balance, while our comprehensive benefits package, including a generous pension scheme and employee discounts, ensures that you are well-supported both personally and professionally. With a strong commitment to diversity and inclusion, we empower our employees to thrive in their careers and make a meaningful impact within the dynamic world of pricing and underwriting.
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Contact Detail:

Direct Line Group Careers Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Packages Principle Analyst

✨Tip Number 1

Familiarise yourself with Radar software, as it's crucial for the role. Consider taking online courses or tutorials to enhance your skills in developing emulators and impact environments, which will give you a competitive edge.

✨Tip Number 2

Network with professionals in the pricing and underwriting field. Attend industry events or join relevant online forums to connect with others who can provide insights into the role and potentially refer you to opportunities at DLG.

✨Tip Number 3

Stay updated on market trends and pricing strategies within the insurance sector. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role and the company.

✨Tip Number 4

Prepare to discuss your experience with pricing analysis and deployment processes in detail. Be ready to share specific examples of how you've contributed to similar projects, showcasing your analytical skills and attention to detail.

We think you need these skills to ace Packages Principle Analyst

Extensive knowledge of Radar software
Development of emulators
Impact environment creation
Pricing analysis
Paper preparation and presentation skills
Understanding of price deployment process
Testing and control framework knowledge
Analytical skills
Attention to detail
Problem-solving skills
Communication skills
Project management
Market and product knowledge
Ability to work collaboratively in a team

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Packages Principle Analyst position. Familiarise yourself with the key skills needed, such as knowledge of Radar software and pricing analysis.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your expertise in pricing analysis, development of emulators, and any experience with price deployment processes.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention specific projects or experiences that demonstrate your ability to contribute to the Packages Pricing team and how you can help meet product innovation requirements.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.

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

✨Showcase Your Radar Expertise

Make sure to highlight your extensive knowledge of Radar software during the interview. Be prepared to discuss specific projects where you've developed emulators or impact environments, as this will demonstrate your hands-on experience and technical skills.

✨Prepare for Pricing Analysis Questions

Expect questions related to pricing analysis and be ready to present examples of your previous work. Discuss how you approached paper preparation and presentation, as well as any innovative pricing proposals you've contributed to in the past.

✨Understand the Price Deployment Process

Familiarise yourself with the price deployment process, including testing and control frameworks. Be prepared to explain how you've ensured compliance with pricing controls in your previous roles, as this is crucial for the position.

✨Emphasise Your Team Collaboration Skills

Since the role involves working closely with the Packages Pricing team, highlight your ability to collaborate effectively. Share examples of how you've contributed to team projects and supported colleagues in achieving common goals.

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