Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Build and optimise pricing models while predicting market and customer behaviours.
- Company: Direct Line Group is a customer-focused insurance powerhouse with decades of industry experience.
- Benefits: Enjoy flexible hybrid working, generous leave, and discounts on insurance and travel.
- Why this job: Make a real impact on customers' lives while growing your expertise in a dynamic team.
- Qualifications: Degree in a numerate subject and 5+ years in insurance pricing required.
- Other info: Embrace diversity and inclusivity in a supportive workplace culture.
The predicted salary is between 43200 - 72000 £ per year.
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. 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 Senior Pricing Analyst in our Motor Retail Modelling Team.
What you’ll be doing
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. 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.
Due to the requirements for this role, previous experience within insurance/pricing is essential (minimum 5 years).
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
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.
What we’ll give you (Band 4)
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.
Senior Pricing Analyst employer: Direct Line Group Careers
Contact Detail:
Direct Line Group Careers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in insurance pricing and modelling. Understanding current market dynamics and customer behaviour will help you demonstrate your expertise during discussions.
✨Tip Number 2
Network with professionals in the insurance industry, especially those working in pricing roles. Engaging with them can provide insights into the company culture and expectations, which can be invaluable during interviews.
✨Tip Number 3
Brush up on your technical skills, particularly in SQL and Python. Being able to showcase your proficiency in these areas can set you apart from other candidates and show that you're ready to hit the ground running.
✨Tip Number 4
Prepare to discuss specific examples of how you've used statistical techniques in previous roles. Highlighting your practical experience with GLMs or similar methods will demonstrate your capability to contribute effectively to the team.
We think you need these skills to ace Senior Pricing Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in insurance pricing, particularly your 5+ years of experience. Emphasise your skills in statistical techniques and any familiarity with SQL, Python, RADAR, or EMBLEM.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for pricing analysis and how your background aligns with the role. Mention specific examples of how you've built models or optimised pricing strategies in previous positions.
Highlight Your Analytical Skills: In your application, focus on your analytical skills and experience with data-driven decision-making. Discuss any successful projects where you predicted market or customer behaviours and the impact they had on business outcomes.
Showcase Your Teamwork and Agile Experience: Since the role involves working in an agile environment, mention any experience you have in collaborative projects. Highlight how you've positively influenced team dynamics and contributed to achieving common goals.
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
Make sure you have a good understanding of the tools mentioned in the job description, such as SQL, Python, RADAR, and EMBLEM. If you have experience with these, be ready to share how you've applied them in your work.
✨Understand the Company’s Values
Direct Line Group emphasises customer obsession and teamwork. Research their values and think about how your personal values align with theirs. Be ready to discuss how you can contribute to their mission of being brilliant for customers.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and ability to adapt. Think of situations where you've had to balance business goals with customer needs, and be ready to explain your thought process and outcomes.
