Job Description
Commercial Packages Pricing AnalystHybridAbout Us:At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.We’ve now welcomed our new CEO, Adam Winslow, and are at the start of an exciting period of change for DLG. With ambitious plans for large-scale transformation, we’re going to see a refreshed strategy to drive value for our customers, colleagues and shareholders.What you’ll be doingAs a Pricing Analyst you’ll join the wider Pricing & Underwriting team, pro-actively planning and managing your own tasks to ensure the timely and accurate delivery of projects, and engaging in technical discussions with both external suppliers and internal stakeholders to ensure current and future business needs are met.Key AccountabilitiesCreate and deliver impactful solutions to improve DLG’s pricing performance and longer-term pricing capability, whilst maintaining underwriting disciplineProvide key analytical support and insight to inform wider business decisions and strategy, ensuring robustness of output and clear recommendationsCreate meaningful and collaborative relationships with both key stakeholders and the wider business in order to produce and deliver aligned outcomes across a variety of requirementsAssist with the development of pricing models and ensure their appropriate use and application. Monitor the effectiveness of models on an ongoing basis to ensure they are fit for purpose and suggest areas of developmentAnalyse trading performance and create, monitor and track KPIs, including producing & analysing tactical MI, and develop recommendations to support the trading objectives. Identify gaps in existing MI and develop improvementsPlan, manage and deliver critical tasks and projects in a pro-active, timely and accurate manner, providing insights, impacts and recommendationsHelp foster a culture of sharing knowledge through using effective interactions with peers in other areas of DLG and communicating this across the teamDevelop yourself in order to maximise your personal contribution to the team and identify opportunities to gain additional skills, including through secondments and/or rotationsIdentify opportunities for improvements to enable tasks to be performed in a more efficient manner. Challenge current processes appropriately with suggestions as to how these can be refinedStrive to learn as much as possible about pricing and underwriting systems and how the wider business and insurance market impact on our pricing and performance decisions. Utilise this knowledge to create original and insightful solutions or improvements to current pricing or processesPlay an active role in the induction and training of new members to the team thus ensuring a personal feel to their integration into the team; act as a first point of contact on technical and process issuesIdentify, own and manage the risks involved in running our business appropriately to this role, in line with the company risk framework. Communicate to peers and team managers in a timely manner where you have discovered price, model or data issues and suggest appropriate remedial actionsEnsure compliance with core DLG Policies, statutory and regulatory requirements, governance controls (including all relevant risk minimum standards) and timely completion of risk and audit actions, ensuring reputational risk is minimisedReinforce the culture and core values of DLG through appropriate behaviours and actionsKey Competencies/skills Business: You will exhibit good communication skills and be able to demonstrate personal effectivenessYou will be a team player but also be able to use your own initiativeTechnical:Relevant work experience within a similar pricing or analytical role is desirableYou will be educated to at least degree level or equivalent in a numerically-focused degreeWhat we’ll give youWe 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 pension50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown coverAdditional optional Health and Dental insuranceUp to 10% annual bonusEV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.Generous holidaysBuy as you earn share schemeEmployee discounts and cashbackBeing yourselfDirect 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.Ways of workingOur hybrid model offers a 'best of both worlds' approach. The perfect blend between connection and flexibility combining the best parts of home and office working. When you'll be in the office depends on your role and team, but most colleagues spend 2 days a week in the office. For more information about our flexible working approach click here.