Motor Senior Pricing Analyst
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Job Summary
Motor Senior Pricing Analyst
Location: London or Leeds
Competitive Salary
DLG is evolving. Across every part of our business teams are embracing new opportunities and putting customers at the centre of everything they do. By joining us you will be recognised for your expertise encouraged to develop further and empowered to deliver your best.
Pricing and Underwriting brings together historical data geospatial information and advanced modelling with talented analysts who balance business goals with customer needs. Our Motor Pricing Adequacy team plays a critical role in understanding claims performance and supporting the business to make informed futurefocused decisions.
What you will be doing
As a Senior Pricing Analyst in the Motor Pricing Adequacy team you will lead reservingstyle analysis in Python and shape how we understand emerging claims trends across our key Motor brands including Direct Line and Churchill.
Your responsibilities will include:
Carrying out the Pricingowned projection of ultimate claim costs using the latest transactional data combined with insight and judgement to contribute to the Pricing Best Estimate.
Developing projection methodologies to reduce and quantify uncertainty and strengthen inflation forecasting baselines.
Contributing to the monthly view of claims performance presented to key stakeholders across the business.
Leading adhoc analysis into emerging claims trends exploring external factors and risk mix drivers of change.
Supporting other product teams with their claims projections including close collaboration with Motability Pricing.
Our hybrid model offers a best of both worlds approach. Colleagues spend at least 50% of their time in the office depending on role and team.
What you will need
Significant experience delivering reserving analysis within Motor insurance ideally across personal lines with the ability to apply expert judgement and guide the technical direction of projections.
Advanced problemsolving and criticalthinking skills able to independently evaluate multiple scenarios quantify uncertainty and advise stakeholders on business impacts and customer outcomes.
Strong handson expertise in Python and SQL with the capability to design robust analytical frameworks challenge existing methods and set standards for code quality and modelling approaches.
Excellent communication and presentation skills able to translate complex analytical findings into clear insight for both technical and nontechnical senior stakeholders influencing decisions across the business.
A numerate degree such as Mathematics Statistics or a related subject with the ability to apply advanced analytical concepts in a commercial setting.
Benefits
We recognise we wouldnt be where we are today without our colleagues. Thats why we offer excellent benefits designed to suit your lifestyle:
9% employer contributed pension
Annual company bonus of up to 10%
50% off home motor and pet insurance plus free Green Flag breakdown cover
Generous holiday allowance
Flexible benefits package including optional Health and Dental insurance
EV car scheme allowing colleagues to lease a brandnew electric or plugin hybrid vehicle taxefficiently
Buyasyouearn share scheme
Employee discounts and cashback
Plus many more
We want everyone to get the most out of their time at DLG. Thats why we look beyond financial rewards offering choice flexibility and a greater worklife balance so people can focus on what matters most to them.
Be yourself
Direct Line Group is an equal opportunity employer. We are proud to be one of the UKs Top 50 Inclusive Employers and are committed to creating an environment where everyone can be themselves and succeed.
We welcome candidates who work in different ways and will support adjustments throughout the recruitment process where needed.
Required Experience:
Senior IC
Key Skills
- Microsoft Access
- Financial Concepts
- Tableau
- Federal Aviation Regulations
- Pricing
- Analysis Skills
- Cost Accounting Standards
- Microsoft Excel
- Financial Modeling
- SAS
- Contracts
- Analytics
About Company
Direct Line Group is one of the UK’s largest insurance companies and home to some of the best-known brands including Direct Line, Churchill and Green Flag.
