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Pricing consultant

London
Direct Line
Consultant
Posted: 15h ago
Offer description

In Motor Retail Pricing, we're not just another pricing team—we're a group of curious innovators pushing boundaries to build best in class capability. Every day, we blend deep analytical expertise with bold, forward thinking ideas to deliver smarter pricing, sharper insights, and better outcomes for our customers and our business. Following the merger, we have significant business backing to grow the team. This will help take us on the next step of our journey, collaborating across functions to shape customer centric products, journeys, and services, all while exploring new pricing approaches and productionising fresh ideas at pace. It's a team where passionate problem solvers thrive, where experimentation is encouraged, and where your impact is felt immediately. Join us, and help redefine what outstanding pricing looks like.

The Projects team is responsible for co-ordinating cross-functional activities within the pricing team, and driving forward cross-team delivery projects. You'll help to drive forward our capability and delivery across a number of such areas.

What you'll be doing:

Holistic team planning and prioritisation
Co-ordination of AvE processes and insights between teams
Facilitation of project work that cuts across teams to ensure delivery
Pricing architecture optimisation including MTA pricing and algorithm design
Regular processes to ensure models and data are continually updated ready for retail modelling and optimisation
Recruitment coordination
Discounting algorithm functionality
All the while, ensuring that appropriate governance processes are followed to ensure we have relevant sign-offs and regulatory compliance checks have been completed.

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 2 days a week in the office.

What You'll Need

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
Extensive experience of multivariate modelling, for example in Emblem
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
Experience in Retail and/or Risk pricing, project work and Radar analysis/implementation
Experience of Radar, or alternative pricing software

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
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 allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way
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

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