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Pricing Data Scientist

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Direct Line Group

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Location:
United Kingdom, London ▼

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Category:
IT - Software Development

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Contract Type:
Not provided

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Salary:

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Job Description:

Pricing and Underwriting is a complicated world, where historical data, geospatial information, and mathematical models meet talented analysts. Pricing our products is a fine line between balancing our business goals and customer needs. That’s why our Pricers and Underwriters are the best of the best. They reduce risk and predict future events ensuring our business can continue to grow whilst each and every one of our consumers gets the best price.

Job Responsibility:

  • Support with development and deployment of machine learning models
  • Understand existing model performance, via Actual vs Expected and model monitoring
  • Build on current model reporting methods
  • Supporting on trading activity, including proposals, testing & PIRs
  • Report on statistical trends in various datasets
  • Interrogating of regular reporting & conduct processes to support Pricing outcomes
  • Monitoring performance dashboards, identifying threats & opportunities
  • Liaising with our Pricing Optimisation & Trading teams to deliver great customer and commercial outcomes
  • Working closely with the pricing & underwriting team to deliver great pricing & underwriting outcomes
  • Adherence to relevant pricing controls
  • Dealing with pricing referrals as required

Requirements:

  • Experience working in Python required
  • Experience of pricing a personal lines insurance product, in either a risk or trading capacity
  • Good understanding of modelling processes and concepts, and ability to support on technical modelling builds
  • SQL skills required
  • Ability to innovate & work in a fast-paced environment, working with a breadth of initiatives
What we offer:
  • 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
  • 22 days holiday rising to 30 days depending on your role. Plus the chance to buy and sell up to 5 days
  • Income protection on 50% of your salary for 5 years
  • Life assurance cover at four times your salary
  • Discounts and cashback savings across hundreds of other well-known brands
  • Flexible benefits scheme
  • Salary sacrifice scheme for fully electric and plug-in hybrid cars, and for private dental and medical cover
  • Enhanced maternity, paternity, shared parental, and emergency dependant leave
  • Employee Assistance Programme (EAP), offering information on financial and mental wellbeing as well as emergency support and advice
  • Trained mental health first aiders (MHFA) for support whenever you need it
  • Volunteering opportunities through our partnership with Neighbourly
  • Up to £50 a month to match any contributions you make to your local community

Additional Information:

Job Posted:
December 08, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
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