Packages Principal Pricing Analyst 268 views

COVID -19 update

We’re actively looking for people to join our teams, and we’re committed in protecting your health and wellbeing during every step of our recruitment process. If you’re successful in securing a role with us you’ll find we’ll be doing things a little bit differently! This may mean you’ll initially join our team working from home. During this time we’ll work with you to make sure you have the tools and equipment you need and that you feel part of our outstanding DLG team!

About us

Direct Line Group is an ambitious company employing thousands of people throughout the UK. We’re proud to be one of Britain’s leading general insurers, offering millions of customers decades of experience and knowledge. In the history of modern insurance, there has never been a bigger time for change than now, and we work hard to make sure our well-known brands –Direct Line, Churchill, Privilege, NIG and Green Flag are making insurance easier and better value for our customers. We know we can’t do this without our brilliant people who we reward for ideas and thinking as well as results because that’s how we can achieve amazing things – for our customers and for each other. Come work for the 3rd Best Big Companies to Work for in 2019.

Commercial Lines is an increasingly meaningful part of Direct Line Group’s success story, making up £74m of DLG’s 2017 total operating profit of £611m. Going forward, there are ambitious plans to deliver further performance improvements via a pricing transformation program that entails using improved risk, geo and demand models, having an improved data infrastructure, and having access to an advanced suite of analytical tools.

What we’re looking for

This is an exciting career opportunity in the field of Commercial Lines pricing that would suit an experienced insurance pricing analyst, who has a real passion for delivering high quality pricing recommendations through logical analysis, and who is able to gain the trust of senior partners.

You’ll be a logical thinker but with a creative flair

You’ll have strong analytical skills – prior experience of Radar would be preferable, but not essential.

You’ll be a great communicator with strong relationship building skills

You’ll be improvement focused

Who you’ll be working with

You will be working well with colleagues of varying levels and disciplines including the wider Pricing team, Underwriting and Business managers. Your direct line manager is Lloyd Pettet, Packages Pricing Manager.

What you’ll be doing

You will be part of the Commercial Packages Pricing team, but it is a varied role where you might assist with projects for other teams within the department. Your focus will be on Landlord, Tradesman and other SME products so if you have experience across these that would be useful, but not essential. You’ll need to balance longer-term projects with fulfilling smaller requests, and be prepared to adapt your work as our business needs adapt.

As with any of our pricing roles you will have a responsibility to analyse product performance and provide insight to support our business managers in achieving their targets. You may also be involved in projects that implement new factors, data or risk model improvements into our rating algorithms, or aid development of our long term pricing capabilities.

It is important that we use your insight into modelling and risk when making strategic business proposals and decisions, so we are looking for someone keen to share their knowledge and experience. You will act as the link between the technical insights of our models, and the commercial realities of the business.

You will build relationships and represent the team. We need great presenters who can communicate complex pricing ideas clearly to colleagues from other business areas. We also need someone who can develop trust, and influence decisions when there are difficult choices to be made.

Commercial Lines are transforming their pricing capability, and investing in technology and data to support this. As a result there is plenty of opportunity for you to make an impact on how we do things in the future, as well as having an impact on current product pricing.

Proactive thinking and a drive to improve yourself as well as the work you and your colleagues do is also very important. This is a department that is always looking to improve, and your insight will be very valuable in our efforts to deliver a robust product which delivers phenomenal customer value.

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