At a Glance
- Tasks: Build and optimise pricing models to enhance customer and commercial value.
- Company: Direct Line Group is a customer-focused insurance powerhouse with a commitment to innovation.
- 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 authenticity in a supportive workplace culture.
The predicted salary is between 43200 - 72000 £ per year.
Overview 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 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 officeWhat you\’ll need Degree in numerate subjectExperience 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 essentialDue to the requirements for this role, previous experience within insurance/pricing is essential (minimum 5 years).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 pension50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown coverAdditional optional Health and Dental insuranceUp to 10% AIP BonusEV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.Generous holidaysBuy as you earn share schemeEmployee discounts and cashbackPlus, many moreWe 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-AW #LI-HYBRID
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Senior Pricing Analyst employer: Direct Line Group
Contact Detail:
Direct Line Group 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 behaviours 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 others can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨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 and fit for the Senior Pricing Analyst position.
We think you need these skills to ace Senior Pricing Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Senior Pricing Analyst position. Understand the key responsibilities and required skills, such as experience in insurance pricing and statistical techniques.
Tailor Your CV: Customise your CV to highlight relevant experience in insurance pricing and any specific skills mentioned in the job description, like SQL or Python. Use quantifiable achievements to demonstrate your impact in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the role. Discuss your experience with model building and data analysis, and express your enthusiasm for contributing to the Motor Retail Modelling Team at Direct Line Group.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and 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
✨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 Questions About the Role
Having insightful questions prepared shows your genuine interest in the position. Ask about the current challenges the Motor Retail Modelling Team faces or how they measure the success of their pricing models.