About Us
At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.
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.
Join us as a Rescue Pricing Optimisation & Strategy Lead in our Rescue Pricing & Underwriting Team. Green Flag have a legacy of being a strong brand in the Rescue market – we’re looking for an enthusiastic and self-motivated pricer/data scientist to join our exciting team as we look to grow our brands and offerings.
What you’ll be doing
Working in an agile way means you’ll take charge early on, soak up new experiences and most importantly you’ll positively influence and shape what we do – making an impact on our customers lives. We’ll utilise your skills where they are most needed whilst also giving you to opportunity to build and grow the breadth of your expertise.
Reporting into the Head of Pricing & Underwriting, key responsibilities will include:
Develop price optimsation capability and infrastructure, with the support of pricing practitioners & engineers, working with external pricing engines.
Work closely with the Head of Trading & Head of Pricing & Underwriting to define & support Pricing Strategy
Develop data infrastructure to enable price optimisation, multiple scheme loss ratio management, and cater for clean data lineage across multiple platforms, ensuring technical specs are created & maintained.
Supporting on trading activity, including proposals, testing & PIRs, and oversee optimisation strategies
Development of trading MI reporting & conduct processes to support positive customer and pricing outcomes
Managing risk & trading performance, via Actual vs Expected and model development.
Helping develop & deliver the Pricing & Underwriting strategy & ensuring the capability build required to deliver is in place.
Liaising with our trading teams to deliver great customer and commercial outcomes
Working closely with the pricing & underwriting team to deliver great pricing & underwriting outcomes.
What you’ll need
Experience of pricing a personal lines insurance product, in a price optimisation capacity.
Understanding of modelling processes and concepts, and the link with risk/retail pricing.
Strong SQL skills.
Experience in market standard pricing tools (e.g. Radar/Earnix) preferable.
Proven people leadership skills.
Experience managing transformations & supporting data environment builds desirable, but not essential.
Strong stakeholder management skills.
Experience working in Python desirable, but not essential.
Ability to innovate & work in a fast paced environment, working with a breadth of initiatives
Experience working to budgets & developing business cases for capability enhancement
Ways of working
Our hybrid model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. When you'll be in the office depends on your role, but most colleagues are in 50% of your working hours, and we'll consider the flexible working options that work best for you.
This role is available in our London, Bristol, Leeds or Glasgow offices.
Read our flexible working approach here
What we’ll give you (Band 5)
We wouldn’t be where we are today without our people and the wide variety of perspectives and life experiences they bring. That’s why we offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and office-working, varying with the nature of your role. Our core benefits include:
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% bonus
EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
28 days annual leave
Buy as you earn share scheme
Employee discounts and cashback
Medical Cover
Plus many more!
Being Yourself
Difference makes us who we are. We believe everyone should feel comfortable to bring their whole selves to work – that’s why we champion diverse voices, build workplaces that work for people, and invest in the things that matter. From senior leadership to inclusivity networks, adaptive working to inclusion training, we’ve made it our mission to give you everything you need to be authentically you. Discover more at directlinegroupcareers.com
Together we’re one of a kind.
#LI-HYBRID
#LI-AW1
Top Skills
What We Do
Our mission is to be brilliant for customers every day. With powerful and trusted brands, we offer a range of products, across various channels, providing services to our customers whenever and wherever they need us.
We’ve been helping people carry on with their lives since the 80s, giving them the peace of mind they need to focus on the future.
After 40 years of innovation, we’re still leading the way today.
Our business is full of brilliant individuals working together to reimagine insurance.
Together, we’re one of a kind.
Our brands
We’re home to variety and expertise on a huge scale.
Strong values, distinctive qualities, and great people. That’s the secret to building some of the nation’s best-known brands.
Direct Line
Churchill
Privilege
Green Flag
Darwin
DLG Legal Services
DLG Auto Services
DLG Partnerships
