Pricing Manager in City of London

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 will 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 is 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 Pricing Manager in our Motor Manufacturing Tribe. This role will sit in the Portfolio Analysis Team and will work collaboratively with teams across Motor Risk and Retail Pricing, as well as colleagues in Underwriting, Trading and Finance teams.

What you will be doing:

• In depth analysis of large datasets utilising a combination of SQL, Python and Radar.
• Maintaining model scoring processes so that business has access to our latest view of profitability measures.
• Managing profitability analysis of our range of products and brands, including Direct Line, Churchill and Privilege.
• Informing the future strategic direction of the product suite.
• Developing and owning the Portfolio Analysis exhibits: rate tracking, profitability, Actual vs Expected, model stability and uncertainty metrics.
• Feeding into financial planning, reinsurance analysis and other ad hoc strategic pricing tasks.
• Identifying opportunities to help the business evolve and enhance existing processes.
• Day-to-day management of 1-2 analysts.

You will report to a Band 5 Pricing Practitioner, and work alongside a team of experienced colleagues. Between us we hold a breadth of experience across the industry, but we are always open to new approaches. Our hybrid model offers a 'best of both worlds' approach. When you will be in the office depends on your role and team, but colleagues spend at least 2 days a week in the office.

What you will need:

• General insurance pricing experience, preferably in personal lines and across a broad range of functions.
• Excellent problem-solving skills, with an ability to consider multiple scenarios, understand the needs and anticipate outcomes for the customers.
• Familiarity with SQL, Radar and Python.
• Strong stakeholder management, communication and presentation skills, with an ability to explain findings to both a technical and non-technical audience.
• People management experience preferable, but not essential.
• A numerate degree in Mathematics, Statistics or related subjects.

Benefits

We recognise we would not be where we are today without our colleagues, that is 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 have 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 are 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 are 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 are 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.