RD Pricing Practitioner
RD Pricing Practitioner
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Job Description
About Us:
At Direct Line Group insurance is just the start. Combining decades of industry experience with talented people in every fieldwerea customerobsessed market powerhouse. And we all work together to be brilliant for customers every single day.
Pricing and Underwriting is a complicated world where a wealth of data competitive marketplace and mathematical models meet talented analysts. Pricing our products best requires continuous innovation and the ability to productionise new ideas to make better outcomes for customers and the ourpricersand underwriters are the best of the best. They reduce risk and predict future events ensuring our business can continue to grow whilsteach and everyone of our customers gets the best price possible.
Motor Retail Research & Development
What youll be doing
Our mission is to be a bestinclass pricing function.To be the best of the best we need exceptional people. This is where your expertise comes into play! We are on an exciting transformation journey and we take great pride in what we are delivering. To hit our financial targets we will support and deliver various cross functional initiatives to provide competitive prices and customer centric products customer journeys and services. We will do this in line with all legislation and regulation and make sure when things do go wrong we have sleek processes to identify and resolve at pace and minimise customer and commercial impact. Join our Motor Retail tribe and help us to be the best its a great time to join!
You will be using your pricing and underwriting skills and experience to help us achieve best in class pricing capability. Key responsibilities include:
Carry out research on new pricing approaches and changes to existing approaches
Propose and deliver strategic pricing changes to drive value and better customer outcomes
Delivery of price optimisation strategies designed to achieve business objectives
Support delivery of Pricing and cross functional Initiatives
Make sure all deliverables are well governed and have all relevant controls in place
Drive and support continuous improvement of processes
Support in upskilling the junior members of the team and establishing pricing best practices in the team.
What we are looking for
We are keen to meet enthusiastic passionate and curious individuals who can collaborate effectively across several teams and team members. They should also have
Experience in Retail Pricing and Price Optimisation
Insurance industry background
Strong understanding of the components of a pricing algorithms and application of underwriting rules
Understanding of key legislation and regulation applying to motor insurance and how this impacts pricing algorithms models customer premiums and experience.
Strong numerical and analytical skills with a keen eye for problem solving
Ability to communicate complex information in a simple way
Experience of Radar or alternative pricing software
Experience of data manipulation using languages such as SQL or Python.
Experience of statistical and mathematical techniques and proven experience of applying these effectively in General Insurance Pricing
What well give you:
We recognise we wouldnt be where we are today without our people and the wide variety of perspectives and life experiences they bring. Thats why we offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and officeworking varying with the nature of your role. Core benefits include:
9 employer contributed pension
50 off home motor and pet insurance plus free travel insurance and Green Flag breakdown cover
Up to 10 annual bonus
Generous holiday allowance bank holidays
Additional optional Health and Dental insurance
EV car scheme allows all colleagues to lease a brand new electric or plugin hybrid car in a tax efficient way.
Buy as you earn share scheme
Employee discounts and cashback
Plus many more
Read our flexible working approachhere.
Be yourself
We recognise and embrace people that work in different ways so if you need any reasonable adjustments within this recruitment process please reach out to us and we can discuss how we can support you with this.
Theres noone else like you. Noone with the exact same mix of strengths quirks skills and thoughts. Thats why you could belong here. As part of a team in a place that empowers you to be the best you can be. Were proud of who we are of what we do and what every one of us brings. Direct Line Group is an equal opportunity employer and we think diversity of background and thinking is a big strength in our people. We know youre more than a CV and the things that make you you are what bring potential to our business.
Join us. Help us keep innovating and putting customers at the heart of everything. To be an insurance company of the future. When we work together we can all achieve great things. Inspiring challenging and supporting each other to aim higher.
Together were one of a kind.
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Employment Type
Full-Time
