Senior Home Pricing Analyst

Direct Line Group; Manchester; Hybrid; GBP 50,000 - GBP 70,000; Full time

Job summary

A leading insurance company in Manchester is seeking a Senior Pricing Analyst to join their Home Risk Modelling Team. The role involves making statistical models to predict claims, using various data science techniques, and maintaining regulatory compliance. Candidates should have at least 3 years of experience and strong problem-solving skills. This position offers a hybrid working model with excellent benefits, including up to 10% bonus and discounted insurance products.

Benefits

50% off home, motor, and pet insurance

Health and Dental insurance options

Up to 10% AIP Bonus

EV car leasing scheme

Generous holidays

Employee discounts and cashback

Qualifications

• A minimum of 3 years’ experience in a general insurance analytical role or equivalent.
• Ability to consider multiple scenarios and anticipate customer outcomes.
• Strong communication and presentation skills to technical and non-technical audiences.

Responsibilities

• Make Statistical Models to predict future claims.
• Use Data Science Techniques to maximize data value.
• Collaborate across teams to improve pricing strategies.

Skills

Problem solving skills

Collaboration

Data Science Techniques

Tools

SQL

Python

RADAR

EMBLEM

Job description

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. Predicting our future risk costs requires multiple data science techniques and innovative problem solving. 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 Home Risk Modelling Team as a Senior Pricing Analyst, helping shape great outcomes for our Home insurance customers

What you’ll be doing:

• Reporting into the Home Risk Modelling Lead you will
• Make Statistical Models to predict what claims to expect in the future
• Use Data Science Techniques to extract the most possible value from our extensive data
• 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 Risk Modelling 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 50% of their working hours in the office.

What you’ll need:

We are keen to meet enthusiastic, passionate, and curious individuals who can collaborate effectively with the team and across teams. You will be expected to take ownership and deliver on your commitments. You should also have:

• A minimum of 3 years’ experience working in a general insurance analytical role or equivalent experience in another industry
• Excellent problem solving skills, with an ability to consider multiple scenarios and anticipate outcomes for our customers.
• Experience of using SQL, Python, RADAR & EMBLEM ideal but not essential
• Strong communication and presentation skills, with an ability to explain findings to both a technical and non-technical audience

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:

• 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

We 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.