Rescue Pricing Practitioner

Pricing & Underwriting
Permanent

Role overview

DLG is evolving. Across every facet of our business, our teams are embracing new opportunities and putting customers at the heart of everything they do. By joining them, you’ll have the opportunity to not just be recognised for your skills but encouraged to build upon them and empowered to do your absolute best. 

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.

Join us as a Rescue Pricing practitioner in our Rescue Pricing & Underwriting Team. Green Flag have a legacy of being a strong brand in the Rescue market – we’re looking for an enthusiastic and self-motivated pricer to join our exciting team as we look to grow our brands and offerings.

What you'll be doing: 

Reporting into the Portfolio Optimisation lead, key responsibilities will include:

  • Develop price trading capability, supporting trading initiatives, identify price trading opportunities and oversee performance.

  • Interrogate data & review risk performance, highlighting threats & opportunities.

  • Supporting on trading activity, including proposals, testing & PIRs, and build optimisation strategies, enabling delivery of positive trading outcomes.

  • Interrogation of trading MI reporting & conduct processes to support positive customer and pricing outcomes

  • Supporting on modelling outcomes, and model performance/implementation.

  • Analyse & propose pricing changes, overseeing the process through to deployment.

  • Liaising with our 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.

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 

This role is available in our London, Bristol, Leeds or Glasgow offices.

What you'll need: 

  • Experience of pricing a personal lines insurance product, in a price trading or modelling capability

  • Understanding of modelling processes and concepts, and the link with risk/retail pricing.

  • Strong SQL skills.

  • Strong stakeholder management skills.

  • Experience working in Python or Sagemaker desirable, but not essential.

  • Ability to innovate & work in a fast paced environment, working with a breadth of initiatives

  • Experience working to budgets & developing business cases for capability enhancement.

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 

  • 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 

  • 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.  

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Locations

Leeds, Glasgow, Bristol, London

Life in Pricing and Underwriting

Our teams work together to build and refine predictive models, implement cutting-edge rating solutions, and enhance fraud detection. Whether developing advanced algorithms or ensuring regulatory compliance, we work collaboratively to tackle complex challenges. Each decision we make directly impacts our customers, so we take great care to ensure they receive fair and accurate pricing for their level of risk.

Benefits

Our benefits are about more than just the money you earn. They're about recognising who you are and the life you live – and supporting you with the things that matter both in and outside work.

01

The Basics

Holidays

22 days holiday rising to 30 days depending on your role. Plus the chance to buy and sell up to 5 days

Pension

Company contributions of 9% of your salary towards your pension

Income protection

Income protection on 50% of your salary for 5 years

Life assurance

Life assurance cover at four times your salary

02

Discounts

Breakdown cover

Free Green Flag breakdown cover

Insurance

50% off Direct Line Group products in Motor, Home and Pet insurance when you’re named on the policy

Shopping

Discounts and cashback savings across hundreds of other well-known brands

03

Flexibility

Flexible benefits scheme

Adjust your income protection, life assurance, and benefits package through our flexible benefits scheme

Salary sacrifice

Salary sacrifice scheme for fully electric and plug-in hybrid cars, and for private dental and medical cover

Parental leave

Enhanced maternity, paternity, shared parental, and emergency dependant leave

04

Wellbeing

Employee Assistance Programme

Employee Assistance Programme (EAP), offering information on financial and mental wellbeing as well as emergency support and advice

Mental health first aid

Trained mental health first aiders (MHFA) for support whenever you need it

Volunteering opportunities

Volunteering opportunities through our partnership with Neighbourly

Donation matching

Up to £50 a month to match any contributions you make to your local community

OUR PEOPLE

What our people are saying in Pricing and Underwriting

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Whether it’s building positive relationships, problem solving and providing guidance, I feel incredibly fortunate to be working with such a fantastic team of people.

Being recognised for my contributions and passion goes a long way. I take great satisfaction in helping people grow and develop knowing that I’ve been a part of that growth.

The way the business positions the importance of our customers really resonates with me. They’re the reason we come in to work.