Insurance Pricing Specialist

1 month ago


London, Greater London, United Kingdom Direct Line Insurance Group Full time

At Direct Line Group, we're a customer-obsessed market powerhouse, combining decades of industry experience with talented people in every field. Our Pricing and Underwriting team is where historical data, geospatial information, and mathematical models meet talented analysts, reducing risk and predicting future events to ensure our business can continue to grow.

This role will sit within the Pricing Adequacy squad, working collaboratively with colleagues in Claims, Business Partnering, and Reserving, as well as with our partner Motability. As a Pricer, you'll take charge early on, soak up new experiences, and positively influence and shape what we do – making an impact on our customers' lives.

Key Responsibilities

  1. Maintain the Pricing-owned projection of ultimate claim costs in Python, using the latest transactional claim data, insight from other teams, and your own experience and judgement.
  2. Support our partners, the charity Motability, with insight into claims and risk mix trends, helping them to effectively manage insurance risk on one of the largest motor fleets in the world.

Requirements

  1. Familiarity with motor claims, Python, and reserving techniques would be beneficial.
  2. Familiarity with SQL and Python.

Benefits

We offer a hybrid model way of working, 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 2 days a week, and we'll consider the flexible working options that work best for you.

Office Location: London/Leeds (Hybrid) – 2 Days a week in the office.

  1. 50% off home, motor, and pet insurance, plus free travel insurance and Green Flag breakdown cover.
  2. Additional optional Health and Dental insurance.
  3. Up to 10% bonus.
  4. EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax-efficient way.
  5. 25 days annual leave, increasing each year up to a maximum of 28.
  6. Buy as you earn share scheme.
  7. Employee discounts and cashback.


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