Pricing Consultant - Insights
Motor retail pricing
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.
Role overview
The Insights team is responsible for building and maintaining high quality, accurate insight reports that enable the whole Pricing team to find and take advantage of risk, margin and underwriting opportunities. You’ll help to build this actionable insight.
What you’ll be doing
- Understanding the insights we would like to have available, what we currently have and producing a roadmap to close identified gaps in priority order.
- Ensuring regular production of insights to guide the the pricing and adaptations for areas of greatest opportunity that can be turned into actionable price change.
- Insight will cover risks cost models, market comparisons, retail opportunities including elasticity as well as areas for footprint changes Dynamic MI production to spot KPI’s that have made step changes outside of normal volatility corridors as well as being able to proactively detect opportunities for investigation.
- Data updates to reflect business changes, with any correlated impacts are identified.
- Coordination between on-shore and off-shore teams.
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% per month.
What you'll need:
- 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 hands on experience of Radar, or alternative pricing software.
- Extensive experience of multivariate modelling, for example in Emblem.
- Extensive experience of data manipulation using languages, such as SQL or Python.
- Knowledge of statistical and mathematical techniques and proven experience of applying these effectively in General Insurance Pricing
- Experience in generating insight from Data, including the full ML pipeline through to building tools for non-technical stakeholder use.
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 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.
