Principal Commercial Pricing Analyst

Direct Line Group

Employer of the Week
  • Location
    Bromley
  • Salary
  • Closing Date
    31 March 2020
  • Job ref
    15704301
  • Remaining Time
  • Apply Online
The role

We have a fantastic opportunity for an experienced pricing analyst to join our commercial pricing team in Bromley!

What you'll be doing:

You will support your manager in providing an innovative and effective analytical pricing service for Direct Line Group with a focus on the delivery of algorithm changes for Commercial Lines packages business for our broker and direct 

brands. This will include:

Gaining a deep understanding of the multifaceted products handled by the team (Landlord, Tradesperson, Retail, Commercial Combined, Office)
Understanding the rating requirements for each product and interrogate and challenge the existing pricing algorithms
Recommending detailed and fit-for-purpose amendments to the existing pricing algorithms and lead through the delivery of these proposals
Being responsible for the Radar Emulators and supporting Alteryx data processes
Becoming a Pricing Subject Matter Specialist, to lend knowledge and expertise and support trading teams in making the best decisions possible.
Identify potential issues with processes and suggest ways they could be improved.
Understand and implement company risk frameworks; ensuring compliance with both internal and external regulations to ensure the team exceeds minimum standards.
Keeping up to date with market trends, movement and innovation and recommend change with this in mind.

What we are looking for:

You will be a self-starting individual with a passion for numbers and data. Knowledge of Radar and/or Alteryx software is preferable, but we are keen that you have a good understanding of algorithm decisions and algorithm change. You will be an effective communicator at all levels and be able to demonstrate positive relationship management skills. We want to progress you to be a standout colleague but also be able to use your own initiative and be able to progress work independently.

Who we are working with:

The Packages Pricing team has responsibility for a range of products from Landlord and Tradesperson to small Commercial Combined.  The products suite sits across multiple brands and platforms; and provides the team with a wide range of challenges and opportunities for development.  In addition to their pricing responsibilities, the team also feeds into the strategy and direction for each product and works closely with the P&L owners to achieve desired results.
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