London

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Property & Casualty

Reserving

Reporting

Risk

Python

Modelling

Data Science

Motor

Pricing

Machine Learning

Tyche

Capital

Excel

Igloo

Power BI

Tableau

Emblem

Psicle

Alteryx

Radar

Direct Line Group is a prominent UK-based insurance company, renowned for providing a wide range of insurance services, including car, home, and travel insurance. Established in 1985, it has grown to become one of the UK's leading insurers, with a focus on customer-centric approaches to insurance coverage and claims management.

Direct Line Group

Why Join Us:At Direct Line Group, we understand the pivotal role of capital management in ensuring our financial stability. As Assistant Capital Manager, you will play a crucial part in supporting the Head of Capital and Reinsurance, contributing to the production and monitoring of capital forecasts and providing planning data information to both internal and external stakeholders.Join us and become an integral member of a dynamic, multi-disciplinary team that spans across the CFO and the wider business.The Role:Within the Capital Management team, we are committed to shaping the financial future of Direct Line Group. As Assistant Capital Manager, you will have the opportunity to lead and collaborate with finance teams, influence capital planning, and drive financial recommendations across various aspects of our business.This role is a Fixed Term Contract for 9 months with theKey Accountabilities:<ul><li>Support the analysis and recommendations on balance sheet structuring.</li><li>Support finance recommendations regarding capital planning, dividend proposals, dividend policy, Weighted Average Cost of Capital, and risk appetite, including contingent management actions.</li><li>Manage the production and delivery of the Solvency Ratio and influence the direction of the Group's approved internal model.</li><li>Monitor capital requirements from rating agencies and other external parties.</li><li>Assist in the production and analysis of capital deployment efficiency, including capital allocation and performance metrics.</li><li>Take responsibility for the review and implementation of the Capital Management Minimum Standard.</li></ul>What we’re looking for:This role would suit someone with curiosity and a growth mindset. Ideally, we’re looking for someone who is qualified or part-qualified in fields such as Accounting, Actuarial, or CII, with a strong understanding of the financial dynamics of the insurance industry.You’ll be proficient in Solvency 2, insurance accounting, and company law, and you’ll understand capital markets, reinsurance, and financial structures.You’ll be comfortable in leading, collaborating with, challenging, and influencing senior stakeholders in multi-disciplinary teams across Direct Line Group.Join us in shaping the financial future of Direct Line Group and become a key player in Capital Management. If you possess the skills we are looking for we’d love you to apply and be part of our team.Ways of WorkingOur mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. You'll spend some of your time working from our new London Riverbank House office, and the rest of your time based at home.BenefitsWe recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:<ul><li>9% employer contributed pension</li><li>50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover</li><li>Eligible for annual bonus of up to 10%</li><li>EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.</li><li>Generous annual leave</li><li>Buy as you earn share scheme</li><li>Employee discounts and cashback</li><li>Plus many more</li></ul>Being yourselfDirect 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.

About usWe are Direct Line Group – home to some of the country's best-known brands including Direct Line, Churchill, Privilege, Greenflag and NIG. Our vision is to create a world where insurance is personal, inclusive, and a force for good, and our purpose is to help people carry on with their lives, giving them peace of mind now and in the future.The Role:We are looking to recruit a Principle Pricing Analyst within our Commercial Lines area. This role offers the opportunity to support one of our Commercial Pricing Managers in delivering pricing for Commercial Lines. You’ll be responsible for planning and delivering price recommendations and their implementation. You’ll operate with a curious and solution focussed mindset and be given autonomy and ownership to enable you to add real value to our business.This is a hybrid opportunity and you’ll need to be in the London office once per week.The team you’ll join:You’ll report into one of our Commercial Motor Pricing Managers joining our Commercial Lines team who play an increasingly meaningful part of Direct Line Group's success story.What you'll be doing:<ul><li>Deliver pricing recommendations for all Packages products in support of day-to-day trading performance targets and the pricing strategy.</li><li>Enhance monitoring tools to understand the performance of the products and mix changes.</li><li>Contribute towards upskilling and the wider development of skills across the pricing and underwriting department.</li><li>Build strong relationships with a wide variety of teams in order to shape the delivery of pricing projects and recommendations.</li><li>Use your knowledge, negotiation skills and specialist technical knowledge to deliver upon objectives.</li><li>Create innovative and technical pricing solutions which contribute to the product and portfolio success as well as building capability in increasing the efficiency and accuracy of delivery.</li><li>Ensure that pricing controls are followed with respect to rate testing, implementation and adherence to the wider company risk appetite.</li><li>Ensure compliance with core Direct Line Group Policies, statutory and regulatory requirements, governance controls (including all relevant risk minimum standards) and timely completion of risk and audit actions.</li></ul>What you'll need:<ul><li>Previous experience in a similar role within insurance with the ability to demonstrate the leadership and delivery of various projects</li><li>Skills in the analysis &amp; interpretation of data and building relationships with Underwriting, Finance &amp; Reserving functions</li><li>Expertise in different types of pricing software, such as SAS, Emblem, Altryx and actuarial techniques e.g. reserving, awareness of capital modelling, pricing techniques (e.g. GLM, experience rating)</li></ul>Ways of WorkingOur mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. How much you'll be in the office depends on your role, and we'll consider the flexible working options that work best for you.BenefitsWe recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:<ul><li>9% employer contributed pension</li><li>50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover</li><li>Additional optional Health and Dental insurance</li><li>Up to 10% annual bonus</li><li>EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.</li><li>Generous holidays</li><li>Buy as you earn share scheme</li><li>Employee discounts and cashback</li></ul>Being yourselfDirect 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.

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.We have an exciting opportunity for an experienced Reserving Actuary to join our Corporate Actuarial leadership team as Head of Group Reserving. Our Corporate Actuarial teams deal with risk on a billion-pound scale. Bringing together the widest range of skills, tools, and information, they calculate the risk involved in any given policy – and ultimately a potential claim. Market leading techniques. Maximised profitability. Business-wide connection. That’s how we support some of the UK’s most recognisable brands to grow and develop.Key Accountabilities<ul><li>Investigate, analyse and propose solutions to complex Reserving and/or Monitoring issues- communicating results effectively both internally and externally</li><li>Ensure models built for reserving or other applications use appropriate techniques &amp; data and are effective, efficient, high quality, well documented &amp; verifiable.</li><li>Lead and role model effective performance management – always providing feedback and looking for ways to develop your immediate and wider team of Reserving Actuaries</li><li>Communicate effectively within the team and to external stakeholders to ensure thorough and accurate understanding of issues and resolutions. Build strong stakeholder relationships and organisational network. Able to resolve conflicts for the company’s benefit.</li><li>Ensure that own professional and industry knowledge is always up to date. Actively share knowledge and experience to always drive and advise on best practice within Corporate Actuarial and across the business.</li><li>Demonstrate a pro-active and robust approach to maintaining the risk and control environment with responsibility for review and validation of data used in reserving and maintaining high standards of auditability throughout the end-to-end reserving process.</li><li>Be aware of and direct the team in complying on an ongoing basis with the requirements of relevant professional/legal/regulatory/risk management frameworks, e.g. Technical Actuarial Standards, Solvency II, IFRS 17 &amp; UK GAAP requirements.</li></ul>What we’re looking for:<ul><li>Significant Reserving and management experience within general personal insurance – with deep understanding of legislative reform and new accounting and actuarial practises (e.g. IFRS17, Solvency II)</li><li>Strong communication skills – with an ability to build rapport</li><li>Critical thinking and judgement in relation to insurance risk and quantification of liabilities;</li><li>Proficient in using data to extract insight using a variety of forward-facing tools to set up efficient, repeatable processes: e.g. R, Python, SQL, Power BI, Tableau, Alteryx.</li><li>Advanced understanding of mathematical and statistical modelling tools and models</li></ul>Ways of WorkingHere at Direct Line Group, we recognise the importance of flexibility, not only in our personal lives but also in the way we work. Our mixed model way of working offers a ‘best of both worlds’ approach combining the best parts of home and office-working, offering flexibility for everyone. Corporate Actuarial teams work c.1-2x/weekly in our new state-of-the-art London Bridge office for collaborative, purposeful meetings and events. Please let our Talent Acquisition team know if there's any concerns around this; we'll do our best to be as supportive as we can.Benefits<ul><li>Flexible annual leave – 30 days at this level. You also have the option to buy or sell up to 5 days each year too to suit you the way you want it to!</li><li>9% employer contribution into your pension – regardless of whether or not you pay into the pension plan. You can also opt to take this is a cash benefit instead.</li><li>Annual bonus of upto 45% - dependent on personal and company performance</li><li>50% off home, motor and pet insurance</li><li>Free travel insurance</li><li>Free Green Flag breakdown cover</li><li>Life assurance</li><li>Income protection</li><li>Access to company car and cycle to work schemes</li><li>Retail discounts to your everyday shopping needs!</li></ul>Life at DLGDirect Line Group is an equal opportunity employer. We value diversity and we’re committed to making DLG a truly inclusive place to work. We recognise and embrace that people work in different ways and we’ll always adapt as much as possible so you have the best and most comfortable working environment that we can offer. We know you’re more than a CV, and the things that make you, you, can bring real potential to DLG. If you need us to make any adjustments to our recruitment process, please speak to our recruitment team who will be happy to support you!Difference makes us who we are. We believe everyone should feel comfortable to bring their whole selves to work – that’s why we champion diverse voices, build workplaces that work for people, and invest in the things that matter. From senior leadership to inclusivity networks, adaptive working to inclusion training, we’ve made it our mission to give you everything you need to be authentically you.

We are Direct Line Group – home to some of the country's best-known brands including Direct Line, Churchill, Privilege, Greenflag, Farmweb, and NIG. As Britain's leading personal motor insurer, and one of the UK's leading home, travel, rescue, pet, and commercial insurers, we serve millions of customers across the UK!Direct Line has a heritage of innovation, redefining the broker-led insurance market by becoming the first UK insurance company to use the telephone to sell insurance directly to customers. And we've continued to change as the market and customer preferences have evolved.Our vision is to create a world where insurance is personal, inclusive and a force for good, and our purpose is to help people carry on with their lives, giving them peace of mind now and in the future. To help us to achieve this vision and purpose, we have recently transformed our operating model to Agile ways of working in important areas of the business, such as our Product, Data, and Tech teams.We want to be an employer where people with different skills and expertise collaborate to deliver excellent products and services to our customers.What we're looking for:We are looking for a nearly or newly qualified Capital Actuary to join our finance department! You'll be part of our Capital Modelling team within Finance at DLG, and being one of the UK's leading insurers, you'll have the opportunity to work with our business areas and leadership teams on a range of different insurance product and risks.DLG's Internal Model is an approved, solvency model fully integrated with the Group's risk management framework, which is widely used across the business to assist with decision-making.What you'll be doing:The purpose of this role is to monitor, evaluate, and provide key deliverables in respect of DLG's capital position and associated exposures, as well as providing support to the development and implementation of strategy for optimisation of capital.You'll take an active role in all of DLG's capital modelling processes, including the operation, parameterization, documentation and validation of the Internal Model and you'll take ownership of certain components of the IM.What else you'll do:<ul><li>Plan and deliver estimates, forecasts and actual positions for the DLG's core capital measures including developing and maintaining models used for estimation and forecasting, communicating key movements, and presenting to model stakeholders</li><li>Support the delivery and execution of capital application projects like reinsurance purchase, investment strategy, capital allocation, risk appetite review including strategic M&amp;A opportunities across the group.</li><li>Support the internal model's validation process by carrying out primary validation analyses, help resolve validation issues identified; and preparation of the primary validation report;</li><li>Develop ad-hoc reporting tools for the internal model to meet increasing business demands. Specific areas of focus include risk appetites, capital allocations and return on capital, reinsurance analyses, risk distributions and business scenario analyses;</li><li>Maintain internal model documentation in relation to its components and also support the delivery of reports focussing on annual capital KRIs and results presented to the Internal Model Oversight Committee.</li></ul>These are exciting times as we are rebuilding our internal model in Tyche which offers a great opportunity to develop hands-on experience with Tyche.You'll need:<ul><li>You'll be analytically and technically minded; an excellent problem solver who is at ease with working independently.</li><li>You'll have strong financial and actuarial experience, with a capital modelling background (preferably with hands-on experience in Igloo/Tyche).</li><li>You'll understand the material risks to which an insurer maybe exposed, with an understanding of a broad range of commonly used capital modelling techniques.</li><li>Experience or passion for mentoring junior members of the team on the projects and other activities.</li></ul>Ways of WorkingOur mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. Our team currently meets 1-2x per week in our Bromley office, but we'll be moving to London Bridge (near Monument) in August!BenefitsWe recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:<ul><li>9% employer contributed pension</li><li>50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover</li><li>Additional optional Health and Dental insurance</li><li>EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.</li><li>Generous holidays</li><li>Buy as you earn share scheme</li><li>Employee discounts and cashback</li><li>Plus many more</li></ul>Being yourselfDirect 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.

We have a great opportunity at Direct Line Group for an experienced Senior Pricing Manager to join our Pricing and Underwriting CoE (Centre of Expertise). This is a hybrid role and can be based anywhere across the UK.At Direct Line Group, the Pricing and Underwriting CoE (Centre of Expertise) is going through change, the ambition is to deliver thought leadership to help shape future pricing &amp; underwriting outcomes. We’ll enable squads to deliver by driving strong Chapter outcomes such as effective &amp; efficient governance and control, frameworks to deliver technical standards and robust recruitment and talent management processes.We will be integral to the wider success of the P&amp;U Chapter, parachuting into squads to provide our specialist expertise and unblock issues, find solutions and enable delivery.What we are looking forWe are keen to meet enthusiastic, passionate and curious individuals from all sorts of specialisms across pricing. Key is your desire to ‘T’ shape, developing your expertise but also broadening your wider knowledge to enable you to embrace and deliver lots of different scenarios and challenges.We are looking for individuals with strong data expertise, a commercial mentality with the ability to identify risks and opportunities across the squads. We also want you to bring your external marketplace, customer and competitors knowledge to the team.Please note you will need previous actuarial experience in insurance for this role, ideally within personal lines but we would consider other areas of insurance for the right candidate.
What you'll be doingYou’ll provide pricing, costing and actuarial thought leadership and advice across the P&amp;U chapter and associated business Tribes.Example activity includes:<ul><li>Shaping thinking on future risks &amp; opportunities</li><li>Proactive development of new approaches to Pricing</li><li>Provide a strategic view of pricing capability roadmaps, supporting our P&amp;U leadership in the process</li><li>Work with underwriting as well as the wider P&amp;U chapter to deliver value across P&amp;U</li><li>Provide expert Pricing support to transformation projects</li><li>Help develop COE through sharing of insight, expertise, coaching and role modelling</li></ul>Who you'll be working with:You’ll work in the Pricing and Underwriting CoE but may be allocated out to various interdisciplinary squads, swarming to wherever your skillset is most needed.You’ll have a chapter lead (people manager) whom you build a relationship with and who supports your personal development. You’ll also be part of the wider P&amp;U Chapter, with town halls of all 200 of you or in smaller focus groups where you'll be sharing knowledge and ideas, thoughts and ways of working.BenefitsWe recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:<ul><li>9% employer contributed pension</li><li>50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover</li><li>Additional optional Health and Dental insurance</li><li>Up to 20% annual bonus</li><li>EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.</li><li>Generous holidays</li><li>Buy as you earn share scheme</li><li>Employee discounts and cashback</li><li>Plus many more</li></ul>Being yourselfDirect 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 Group is one of the top tier motor, home and small business insurers in the UK and home to some of the nation's best-known brands: Direct Line, Churchill, Privilege, Green Flag and NIG. Our mission is to make insurance easier and better value for customers.We have an exciting opportunity to join our Actuarial team as a Principal Analyst, on a full-time and permanent basis!What you'll be doing:You will be part of our SME Squad and provide actuarial technical expertise, producing analysis and recommendations to managers and internal partners, to support Reserving, Capital Modelling, Forecasting, Monitoring, and associated business decision-making.You will also:<ul><li>Plan, manage and deliver tasks and projects, providing insights and recommendations; lead specialized investigations, produce reports, and contribute to the delivery of presentations to internal partners.</li><li>Research and build models for specific tasks for reserving or for other uses, ensuring that these use appropriate techniques and data and are effective, efficient, high quality, documented, and verifiable.</li><li>Carry out reviews of the analysis prepared by Analysts in the SME Squad; propose reasoned and viable outcomes/results to Category managers.</li><li>Identify areas where improvements may be made; demonstrate awareness of the teams' requirements to improve modeling and data processes.</li><li>Maintain awareness of, and comply on an ongoing basis, with the requirements of relevant professional/legal/regulatory/risk management frameworks, e.g. Technical Actuarial Standards, IPL, SOX, PRAIS, SII & UK GAAP requirements.</li></ul>What we're looking for:<ul><li>Nearly or newly qualified actuary</li><li>Reserving and capital modeling experience</li><li>Programming (SQL, R) reserving and capital software experience is desirable</li><li>Excellent problem solver who is at ease with independent working</li></ul>Ways of WorkingOur mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. Our team currently meets 1-2 times per week in our Bromley office, but we'll be moving to London Bridge (near Monument) in August 2023!BenefitsWe recognize we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:<ul><li>9% employer contributed pension</li><li>50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover</li><li>Additional optional Health and Dental insurance</li><li>EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.</li><li>Generous holidays</li><li>Buy as you earn share scheme</li><li>Employee discounts and cashback</li><li>Plus many more</li></ul>Being yourselfDirect 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 recognize 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.

We are Direct Line Group – home to some of the country's best-known brands including Direct Line, Churchill, Privilege, Greenflag, Farmweb, and NIG. As Britain's leading personal motor insurer, and one of the UK's leading home, travel, rescue, pet, and commercial insurers, we serve millions of customers across the UK! Direct Line has a heritage of innovation, redefining the broker-led insurance market by becoming the first UK insurance company to use the telephone to sell insurance directly to customers. And we've continued to change as the market and customer preferences have evolved.Our vision is to create a world where insurance is personal, inclusive and a force for good, and our purpose is to help people carry on with their lives, giving them peace of mind now and in the future. To help us to achieve this vision and purpose, we have recently transformed our operating model to Agile ways of working in important areas of the business, such as our Product, Data, and Tech teams. We want to be an employer where people with different skills and expertise collaborate to deliver excellent products and services to our customers.The role:We are looking for a Reserving Lead to join our finance department! Reporting into our Group Reserving Actuary, you will deliver and support Reserving, Forecasting, Monitoring and associated Business decision-making.The purpose of this role is to lead a significant section of the Reserving function, providing strategic direction and oversight for your portfolio. You'll provide thought leadership on actuarial and business issues, and will lead and participate in the successful planning, implementation and delivery of large complex projects.Key priorities will include:<ul><li>Stakeholder management- You'll need to take ownership of specific relationships up to ExCo/Audit Committee level, understanding expectations and communicating Corporate Actuarial's view effectively; present results, and explain drivers and the wider commercial context.</li><li>Leadership- We need an engaging leader who can adapt to changing circumstances and ensure team members are aligned on outcomes. You'll understand our responsibilities as a listed company and be able to distinguish between issues which need further investigation and those which need immediate escalation.</li><li>High performance culture- You'll contribute to the creation of a high performing Corporate Actuarial & Finance function through development of team members, empowering them to demonstrate their skills, and support them in the process.</li><li>Risk & Controls- You'll need a deep understanding of the principles of risk management and be able to apply this to manage controls and audit trails, responding positively to challenge by Risk and Audit, clearly articulating Corporate Actuarial's position.</li></ul>What else you'll be doing:<ul><li>Lead, plan, manage and deliver reserving, forecasting and monitoring to produce insightful analysis in a timely and accurate manner. Carry out review of results, produce reports and deliver presentations to a high standard for final sign off by the Group Reserving Actuary.</li><li>Investigate, analyse and propose solutions to complex issues.</li><li>Ensure models researched and built for reserving or other applications use appropriate techniques and data and are efficient, high quality, well documented and verifiable.</li><li>Be aware of and direct the team in complying on an ongoing basis with the requirements of relevant professional/legal/regulatory/risk management frameworks, e.g. Technical Actuarial Standards, Solvency II, IFRS 17 & UK GAAP requirements.</li></ul>What we are looking for:<ul><li>Experience in a General Insurance background with deep knowledge of Reserving, Solvency II and IFRS 17</li><li>An advanced understanding of mathematical and statistical modelling tools</li><li>Experience managing stakeholders at all levels, and communicating in a governed environment. You'll also collaborate effectively, and be able to coach and manage a team.</li><li>Advanced knowledge of Excel and Psicle is preferred</li></ul>Ways of WorkingOur mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. How much you'll be in the office depends on your role, and we'll consider the flexible working options that work best for you. Our team is currently based in Bromley, but will be moving to London Bridge (near Monument) this summer.BenefitsWe recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:<ul><li>Generous 9% employer pension</li><li>Eligibility for annual performance bonus of up to 20%</li><li>Generous holidays, 30 days of annual leave (excluding bank holidays). Plus, the option of buying or selling up to 5 days each year.</li><li>50% off home, motor and pet insurance</li><li>Free worldwide travel insurance and Green Flag breakdown cover</li><li>Electric Vehicle car scheme which allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way</li><li>Free private medical cover</li><li>Buy-as-you-earn share scheme</li><li>Employee discounts and cashback</li></ul>Being yourselfDirect 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.

At Direct Line Group, we’re shaping the future. With a mission to make insurance easier and better value for our customers, we embrace change in all its richness and variety. It’s not just what we do; it’s how we do it. We bring our whole selves to work every day and embrace fresh thinking – after all, Britain is constantly changing and to protect the nation, we adapt with it.Across our diverse brands – including Direct Line, Churchill, Privilege and Green Flag – change takes many forms. We appreciate the knowledge and skills that each one of us brings to the business. It’s hard not to be inspired by the things that make us unique. Boldness, curiosity and enthusiasm go a long way. And they’re helping us transform the industry we lead.In support we currently have a great opportunity for a Property &amp; Liability Pricing Manager.About The RoleThe role will support the Head of Property &amp; Liability Pricing in delivering pricing recommendations for all Commercial Lines Property &amp; Liability lines (exc. packaged products). You will utilize your technical pricing expertise to guide the team towards delivering effective pricing decisions based upon suitable models and assumptions.What being a Property &amp; Liability Pricing Manager involves:<ul><li>Assist in the management and implementation of pricing projects. This will include scoping requirements, overseeing the production of technical pricing specs, planning the deliverables, estimating the benefits, gaining stakeholder buy-in, finding solutions to issues encountered, and post implementation monitoring and review. You'll be expected to oversee and quality check the work of others.</li><li>Build effective working relationships with senior stakeholders in underwriting, reserving and product management in order to support the business from a pricing perspective</li><li>Update and develop technical pricing models as required to enable the business to both price effectively and to manage pricing risk effectively</li><li>Strive continuously to improve the statistical validity and efficiency of all modelling and other analysis. Evaluate existing pricing, MI and data processes and identify opportunities for efficiency or quality improvements.</li><li>Support the design, improvement and enforcement of appropriate controls to ensure that rate change testing is fit for purpose, efficient, and complies with all audit requirements to minimise the occurrence of incidents in production</li><li>Provide technical leadership to analysts to help them deliver effective price change proposals that help the business to meet its objectives.</li><li>Develop your own skills and knowledge in pricing, DLG systems, underwriting, reserving, the Commercial Lines insurance market, our / competitor Complex insurance products.</li><li>Provide technical support and development to less experienced pricing analysts, quality check their work and provide guidance to them on how best to deliver their pricing assignments</li><li>Identify, own and manage the risks involved in running our business appropriately to this role, in line with the company risk framework. Communicate to peers and team managers in a timely manner where you have discovered price, model or data issues and suggest appropriate remedial actions.</li><li>Monitor trading and loss ratio performance and gain a deep understanding of the underlying performance of each account, and be able to explain what the drivers are of trends in performance.</li></ul>Skills and qualities you'll need:<ul><li>Insurance experience working within an insurance pricing environment</li><li>Experience in delivering business targets in an analytical/actuarial environment</li><li>Degree in a numerate subject (e.g. Maths, Statistics, Economics, Operational Research);</li><li>Ideally a post-graduate statistical qualification or significant progression towards further relevant professional qualifications (e.g. actuarial)</li><li>Proficiency in Excel, Radar and Emblem is essential</li><li>Proficiency in VBA, SAS, Alteryx, Tableau &amp; Machine Learning would be advantageous</li></ul>Ways of workingHere at Direct Line Group, we recognise the importance of flexibility, not only in our personal lives but also in the way we work. Our mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone - even if it's part-time hours you're looking to work!We’ve ditched the daily commute for a virtual first approach. If you do come into the office, there are exciting workspaces and zones you can use, depending on the type of work you are doing.How much you’ll be in the office depends on your role, and we’ll consider the flexible working options that work best for you. Please get in touch with the team to discuss!

Who you'll be working with:Reporting to the Head of Capital and Reinsurance, you'll be part of a team of accomplished and experienced financial professionals with backgrounds across accounting, actuarial, forecasting, reinsurance and insurance, catastrophe modelling and climate science.Capital Management contribute to project teams across Finance and the wider Group, and working with external specialists and professional advisors (corporate brokers, reinsurance brokers, legal advisors etc.)What you'll be doing:To support the capital management function by providing analytical support across the capital management team. You will contribute to the management of the Groups balance sheet through the use of reinsurance, balance sheet structuring, exposure management and catastrophe modelling.<ul><li>You will work across Reinsurance, Corporate Insurance, Capital Management and Exposure Management depending on demand.</li><li>To help produce several analytics across the capital management team as needed by senior members of the team.</li><li>To help co-ordinate and manage tasks and projects as needed by senior members of the team.</li><li>Support will include:</li></ul><ul><li>Run catastrophe modelling software to help understand and advise on accumulation risks</li><li>Produce quarterly accumulation reports, highlighting important changes</li><li>Help develop scenario tests and other main risk indicators.</li><li>Support our model validation programme by testing the performance of catastrophe models against our data and make recommendations about which models to use and adjustments to make so that these best match our risk profile.</li><li>Provision of financial analysis, forecasts, data and reports</li><li>Produce management information for reinsurance and insurance renewals or claims</li><li>Support the production of solvency and liquidity monitoring</li><li>Support the production of the balance sheet and rating agency forecasts</li><li>Provide support projects such as planning, governance, commercial and financial impact of change.</li></ul>What you'll need:We're looking for someone with a background in an analytical role who can support our Capital Management function and provide analytical support across the capital management team.You'll be able to manipulate and present data, and collaborate with colleagues and stakeholders, driving tasks forward.We're looking for someone who shows curiosity, and if you already understand reinsurance, insurance, capital and exposure management concepts – so much the better!Ways of WorkingOur mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. How much you'll be in the office depends on your role, and we'll consider the flexible working options that work best for you.BenefitsWe recognise we wouldn't be where we are today without our colleagues, that's why we offer such excellent benefits designed to suit you as and when you need them:<ul><li>Pension</li><li>50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover</li><li>Additional optional Health and Dental insurance</li><li>EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.</li><li>Generous holidays</li><li>Buy as you earn share scheme</li><li>Employee discounts and cashback</li><li>Plus many more</li></ul>Life at Direct Line GroupDirect Line Group is an equal opportunity employer. We value diversity and we're committed to making DLG a truly inclusive place to work.We recognise and embrace that people work in different ways and we'll always adapt as much as possible so you have the best and most comfortable working environment that we can offer. We know you're more than a CV, and the things that make you, you, can bring real potential to DLG.If you need us to make any adjustments to our recruitment process, speak to our recruitment team who will be happy to support you.

Actuarial jobs at Direct Line Group