Actuarial Pricing Analyst

Actuarial Pricing Analyst

London

DLG is evolving. Across every part of our business, teams are embracing new opportunities and putting customers at the heart of everything they do. Whether you're already part of DLG or thinking about joining us, you'll have the chance to be recognised for your skills and build on them.

What you'll be doing

Provide actuarial technical support to the Commercial Direct P&U team and work with the Pricing Profitability team to produce the Pricing Best Estimate (PBE) and POS (Possible Outcome Scenarios).

Your key responsibilities will be:

• Support quarterly reviews of the PBE and POS for all Commercial Lines products.
• Produce reports and manage stakeholders for quarterly PBE sign‑off.
• Lead risk model calibration, incorporating inflation and evolving risk trends.
• Partner with Reserving, Claims and Pricing teams to reflect emerging loss trends in projections.
• Collaborate with the Modelling team to enhance value through shared data and methodologies.
• Maintain and improve data quality for PBE/POS projections, working closely with Data & MI teams.
• Enhance modelling and projection efficiency through continuous process improvement.
• Deliver pricing and underwriting projects on schedule.
• Identify opportunities to streamline processes and suggest improvements.
• Develop understanding of pricing, underwriting systems, market trends and industry issues.
• Identify and manage risks in line with the company risk framework, raising issues promptly.
• Ensure compliance with policies, regulatory requirements, governance controls, and audit actions.

What you'll need:

• Background in a commercial lines general insurance product such as motor, PET or home (preferred).
• Strong understanding of data quality and visualisation principles.
• Confident presenter with experience engaging senior stakeholders.
• Ability to understand and translate technical language to stakeholders.
• Effective communicator able to build relationships and offer constructive challenge.
• Knowledge of Alteryx, Python, reserving methods and data modelling (preferred).
• Strong data manipulation skills; advanced SAS, Excel (including VBA) and SQL beneficial.
• Experience in a similar analytical or data‑driven role is desirable but not essential.
• Either part qualified or working towards actuarial qualifications.

Our hybrid model offers a 'best of both worlds' approach. Colleagues spend at least 50% of their time in the office across the month.

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 free Green Flag breakdown cover
• Additional optional Health and Dental insurance
• EV car scheme
• 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. 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 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.