Senior Packages Pricing Analyst

Direct Line Group; City of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading insurance firm is seeking a Senior Packages Pricing Analyst. This role involves developing pricing solutions and enhancing product performance. The ideal candidate will have at least 3 years of insurance experience and a degree in a numerate subject. The position offers a hybrid working model between Leeds and London, promoting work-life balance and inclusivity among staff.

Benefits

9% employer contributed pension

50% off home, motor and pet insurance

Health and Dental insurance

Up to 10% AIP Bonus

EV car scheme

Generous holidays

Buy-as-you-earn share scheme

Employee discounts

Qualifications

• A minimum of 3 years insurance experience working within an insurance pricing environment.
• Skills in the analysis & interpretation of data and building relationships with key stakeholders across the business.
• Expertise in different types of pricing and data handling software is desirable.

Responsibilities

• Develop knowledge of pricing and underwriting systems and processes.
• Create innovative and technical pricing solutions.
• Identify, manage and deliver specific tasks and projects.
• Enhance monitoring tools to understand the performance of the products.
• Ensure compliance with core company policies and regulations.

Skills

Insurance experience

Data analysis & interpretation

Relationship building

Education

Degree in a numerate subject (e.g. Maths, Statistics, Economics)

Tools

Radar

Emblem

Alteryx

Tableau

Job description

Join to apply for the Senior Packages Pricing Analyst role at Direct Line Group

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.

What You’ll Be Doing

You will be part of the Commercial Packages Pricing team, which is responsible for pricing of products such as Landlord, Small and Medium Enterprises, and Tradesperson insurance.

• Develop knowledge of pricing and underwriting systems and processes; develop your business, market knowledge and awareness of relevant industry issues which impact your area & incorporate in the work that you do.
• Create innovative and technical pricing solutions which contribute to the product and portfolio success as well as building capability in increasing the efficiency and accuracy of delivery.
• Identify, manage and deliver specific tasks and projects in a pro‑active, timely and accurate manner, providing insights, impacts and recommendations.
• Enhance monitoring tools to understand the performance of the products and mix changes.
• Contribute towards upskilling and the wider development of skills across the pricing and underwriting department.
• Ensure that pricing controls are followed with respect to rate testing, implementation and adherence to the wider company risk and control appetite.
• Identify, own and manage the risks involved in running our business appropriately to this role, in line with the company risk framework. Communicate to peers and team managers in a timely manner where you have discovered price, model or data issues and suggest appropriate remedial actions.
• Ensure compliance with core Direct Line Policies, statutory and regulatory requirements, governance controls (including all relevant risk minimum standards) and timely completion of risk and audit actions.
• Reinforce the culture and values of Direct Line through appropriate behaviours and actions.

This role is based in either Leeds or London, and you will be attached to one of our offices depending on your location. 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

• A minimum of 3 years insurance experience working within an insurance pricing environment.
• Skills in the analysis & interpretation of data and building relationships with key stakeholders across the business.
• Degree in a numerate subject (e.g. Maths, Statistics, Economics, Operational Research).
• Expertise in different types of pricing and data handling software is desirable, especially Radar, Emblem, Alteryx and Tableau.

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

Benefits and Culture

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.