Home Pricing Analyst

Home Pricing Analyst

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

  • Tasks: Monitor and optimise Home insurance products, using data to drive pricing strategies.
  • Company: Join Direct Line Group, a leader in inclusive and innovative insurance solutions.
  • Benefits: Enjoy competitive salary, generous holidays, and discounts on insurance products.
  • Why this job: Make a real impact on pricing strategies that benefit millions of customers.
  • Qualifications: Degree in a numerate subject and strong analytical skills required.
  • Other info: Hybrid working model with excellent career growth opportunities.

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. Come and be part of our Retail Pricing Team as a Pricing Analyst, helping shape great outcomes for our Home insurance customers.

What you’ll be doing:

  • Reporting into the Home Retail Pricing Lead you will monitor and optimise performance of Home insurance products across our brands.
  • Ensure alignment with agreed targets, identifying trends and implementing changes to achieve objectives.
  • Maintain regulatory compliance, upholding governance standards and ensuring all activity meets FCA requirements.
  • Collaborate across teams, sharing insights and supporting initiatives that drive pricing excellence.
  • Contribute to continuous improvement, using data-driven analysis to influence pricing strategies and customer outcomes.

At Direct Line, we’re committed to delivering fair, competitive pricing and outstanding customer experiences. By joining our Retail Pricing team, you’ll play a vital role in shaping the future of Home insurance pricing – and your own career, and the chance to make a real impact on products that matter to millions of customers. 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.
  • Strong analytical skills with the ability to interpret complex data and deliver actionable insights.
  • Relevant insurance pricing experience ideal but not essential.
  • A proactive mindset with the confidence to take ownership and make decisions.
  • Excellent communication skills to work effectively with stakeholders across the business.
  • A passion for learning and developing new skills in a fast-paced, agile environment.
  • Proficient user of Microsoft Office.
  • Experience of using SQL, Tableau and RADAR ideal but not essential.
  • Graduate level intakes will be considered.

Benefits:

  • 9% employer contributed pension.
  • 50% off home, motor and pet insurance plus 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.

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.

Home Pricing Analyst employer: Direct Line Group

At Direct Line Group, we pride ourselves on being an exceptional employer, offering a dynamic work culture that prioritises employee growth and development. As a Home Pricing Analyst, you'll be part of a collaborative team that values your insights and encourages innovation, all while enjoying a range of benefits including a generous pension scheme, flexible working arrangements, and a commitment to diversity and inclusion. Join us in shaping the future of Home insurance pricing and make a meaningful impact in a supportive environment that champions your career aspirations.
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Contact Detail:

Direct Line Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Home Pricing Analyst

✨Tip Number 1

Network like a pro! Reach out to current employees at DLG on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for landing the Pricing Analyst role.

✨Tip Number 2

Prepare for the interview by brushing up on your analytical skills. Be ready to discuss how you’ve used data to drive decisions in the past. We want to see your thought process and how you can apply it to pricing strategies.

✨Tip Number 3

Show off your passion for continuous learning! Mention any relevant courses or certifications you’ve completed, especially in data analysis or insurance pricing. This will demonstrate your commitment to growth in this fast-paced environment.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team and contributing to our mission of delivering outstanding customer experiences.

We think you need these skills to ace Home Pricing Analyst

Analytical Skills
Data Interpretation
Insurance Pricing Knowledge
Proactive Mindset
Decision-Making Skills
Communication Skills
Stakeholder Engagement
Learning Agility
Microsoft Office Proficiency
SQL
Tableau
RADAR

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Home Pricing Analyst role. Highlight any analytical skills, relevant coursework, or projects that showcase your ability to interpret complex data.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about pricing and how your background makes you a great fit for our Retail Pricing Team. Don’t forget to mention your proactive mindset and any relevant tools you’ve used!

Showcase Your Analytical Skills: In your application, be sure to provide examples of how you've used data-driven analysis in past roles or projects. We love seeing how you can turn numbers into actionable insights!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people and shows us you’re serious about joining our team!

How to prepare for a job interview at Direct Line Group

✨Know Your Numbers

As a Home Pricing Analyst, you'll be dealing with complex data. Brush up on your analytical skills and be ready to discuss how you've interpreted data in the past. Prepare examples of how you've used data-driven insights to influence decisions or strategies.

✨Understand the Industry

Familiarise yourself with the insurance pricing landscape. Research current trends, regulatory requirements, and how they impact pricing strategies. This will show your passion for the role and your commitment to understanding the business.

✨Showcase Your Communication Skills

You'll need to collaborate with various teams, so practice articulating your thoughts clearly. Prepare to discuss how you've effectively communicated complex information to stakeholders in previous roles. This will demonstrate your ability to work well across departments.

✨Be Proactive and Confident

The job description highlights the importance of taking ownership. Think of instances where you've taken initiative in your previous roles. Be ready to share these experiences, as they will illustrate your proactive mindset and confidence in decision-making.

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