Senior Pricing Practitioner

3 days ago


Leeds, Leeds, United Kingdom Direct Line Group Full time

DLG is evolving. Across every facet of our business, our teams are embracing new opportunities and putting customers at the heart of everything they do. By joining them, you'll have the opportunity to not just be recognised for your skills but encouraged to build upon them and empowered to do your absolute best.

What You'll Be Doing
You'll join us as a Senior Pricing Practitioner in the Motability Pricing team, carrying out reserving-style analysis in Python and risk modelling in Emblem/Radar to understand the claims performance of the Motability fleet. Building new innovative ways of looking at emerging claims trends, and collaborating with the Reserving and Claims Analytics teams, will be key to delivering our goals.

Your Main Responsibilities Will Include

  • Carrying out 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 to contribute to the Pricing Best Estimate.
  • Developing our projection methodology to reduce and quantify uncertainty, and to provide the best baseline for inflation forecasting.
  • Build claims risk models in Emblem.
  • Track mix changes using Radar or equivalent.
  • Leading ad hoc analysis into emerging claims trends, exploring both external and risk-mix drivers of change.

This role reports into the Motability Pricing Lead and will be working alongside colleagues in London, Leeds and Liverpool.

Our hybrid model offers a 'best of both worlds' approach. When you'll be in the office depends on your role and team, but colleagues spend at least 50% of their time in the office.

What You'll Need

  • Excellent problem solving skills,
  • Attention to detail,
  • Strong communication and presentation skills, with an ability to explain findings to both a technical and non-technical audience.

Plus, some of the following skills, along with a willingness to learn the others:

  • Experience of carrying out claims reserving analysis,
  • Experience with SQL and Python,
  • Experience of Motor,
  • Experience of statistical modelling (GLM/GBM, Emblem/Radar)

Benefits
We recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:

  • 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% AIP Bonus
  • EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
  • Generous holidays
  • Buy as you earn share scheme
  • Employee discounts and cashback
  • Plus, many more

We want everyone to get the most out of their time at DLG. Which is why we've looked beyond the financial rewards and created an offer that takes your whole life into account. Supporting our people to work at their best – whatever that looks like — and offering real choice, flexibility, and a greater work-life balance that means our people have time to focus on the things that matter most to them. Our benefits are about more than just the money you earn. They're about recognising who you are and the life you live.

Be yourself
Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We're delighted to feature as one of the UK's Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.

We know you're more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.


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