Actuarial Pricing Analyst
London
DLG is evolving. Across every part of our business, teams are embracing new opportunities and putting customers at the heart of everything they do. Whether you're already part of DLG or thinking about joining us, you'll have the chance not only to be recognised for your skills, but also to build on them and be empowered to do your very best.
What you'll be doing
Provide actuarial technical support to the Commercial Direct P&U team and work with the Pricing Profitability team to produce the Pricing Best Estimate (PBE) and POS (Possible Outcome Scenarios).
Your key responsibilities will be:
1. Support quarterly reviews of the PBE and POS for all Commercial Lines products.
2. Produce reports and manage stakeholders for quarterly PBE sign‑off.
3. Lead risk model calibration, incorporating inflation and evolving risk trends.
4. Partner with Reserving, Claims and Pricing teams to reflect emerging loss trends in projections.
5. Collaborate with the Modelling team to enhance value through shared data and methodologies.
6. Maintain and improve data quality for PBE/POS projections, working closely with Data & MI teams.
7. Enhance modelling and projection efficiency through continuous process improvement.
8. Deliver pricing and underwriting projects on schedule.
9. Identify opportunities to streamline processes and suggest improvements.
10. Develop understanding of pricing, underwriting systems, market trends and industry issues.
11. Identify and manage risks in line with the company risk framework, raising issues promptly.
12. Ensure compliance with policies, regulatory requirements, governance controls, and audit actions.
What you'll need:
13. Background in a commercial lines general insurance product such as motor, PET or home (preferred).
14. Strong understanding of data quality and visualisation principles.
15. Confident presenter with experience engaging senior stakeholders.
16. Ability to understand and translate technical language to stakeholders who do not have
17. Effective communicator able to build relationships and offer constructive challenge.
18. Knowledge of Alteryx, Python, reserving methods and data modelling (preferred).
19. Strong data manipulation skills; advanced SAS, Excel (including VBA) and SQL beneficial.
20. Experience in a similar analytical or data‑driven role is desirable but not essential.
21. Either part qualified or working towards actuarial qualifications.
Ways of Working: 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
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:
· Employer contributed pension
· Annual company bonus
· Discounts on Insurance products
· Generous holiday allowance
· Flexible benefits package including optional health and dental insurance
· 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.
Direct Line Insurance Group is now owned by Aviva Plc. If you are successful in your application, you may initially receive a Direct Line offer and contract of employment; however, your employment will transfer to Aviva Employment Services Limited from 1 July 2026 under TUPE. From that date, some terms and conditions of employment will change, including bonus and pension arrangements.