At a Glance
- Tasks: Build innovative pricing models and analyse market behaviours to optimise customer value.
- Company: Join DLG, a forward-thinking insurance company focused on customer-centric solutions.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and career advancement.
- Why this job: Make a real impact in the insurance industry while developing your analytical skills.
- Qualifications: Degree in a numerate subject and 5+ years in insurance pricing with strong statistical knowledge.
The predicted salary is between 55000 - 65000 £ 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
Senior Insurance Pricing Analyst – Hybrid Role employer: Direct Line Group
Contact Detail:
Direct Line Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Insurance Pricing Analyst – Hybrid Role
✨Tip Number 1
Network like a pro! Reach out to current employees at DLG on LinkedIn or through industry events. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since you'll be working with statistical techniques and programming languages, make sure you can confidently discuss your experience with GLMs, SQL, and Python.
✨Tip Number 3
Showcase your problem-solving skills! Be ready to discuss how you've tackled complex pricing challenges in the past. Use specific examples that highlight your analytical prowess and creativity.
✨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 genuinely interested in joining the DLG team.
We think you need these skills to ace Senior Insurance Pricing Analyst – Hybrid Role
Some tips for your application 🫡
Show Off Your Skills: Make sure to highlight your experience in insurance pricing and any relevant statistical techniques you've mastered. We want to see how your skills align with what we do, so don’t hold back!
Tailor Your Application: Take a moment to customise your CV and cover letter for this role. Mention specific projects or experiences that relate to building models and optimising prices, as this will show us you’re the right fit.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon unless it’s relevant. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Direct Line Group
✨Know Your Numbers
Make sure you brush up on your statistical techniques, especially GLMs. Be ready to discuss how you've applied these in your previous roles, as this will show your depth of knowledge and experience in insurance pricing.
✨Showcase Your Technical Skills
Since the role requires proficiency in SQL and Python, prepare to demonstrate your skills. You might be asked to solve a problem or analyse data on the spot, so practice coding challenges beforehand to feel confident.
✨Understand the Business
Research DLG's approach to pricing and underwriting. Familiarise yourself with their products and market strategies. This will help you align your answers with their business goals and show that you're genuinely interested in contributing to their success.
✨Ask Insightful Questions
Prepare thoughtful questions about the Motor Retail Modelling team and their current projects. This not only shows your enthusiasm for the role but also helps you gauge if the company culture and objectives align with your career aspirations.