Principal Analyst

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've now welcomed our new CEO, Adam Wilmslow, and are at th e start of an exciting period of change for DLG. With ambitious plans for large-scale transformation, we're going to see a refreshed strategy to drive value for our customers, colleagues and shareholders.
What you'll be doing:
We have an exciting opportunity to join our Actuarial team as an Actuary, on full-time and permanent basis!
Our 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.
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:
Plan, manage and deliver tasks and projects, providing insights and recommendations; lead specialised investigations, produce reports and contribute to the delivery of presentations to internal partners.
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.
Carry out reviews of the analysis prepared by Analysts in the SME Squad; propose reasoned and viable outcomes/results to Category managers.
Identify areas where improvements may be made; demonstrate awareness of the teams' requirements to improve modelling and data processes.
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.
What we're looking for: Nearly or newly qualified actuary
Reserving and capital modelling experience
Programming (SQL, R) reserving and capital software experience is desirable
Excellent problem solver who is at ease with independent working
Ways of Working
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. Most colleagues attend the office 2 days per week. We'll consider the flexible working options that work best for you.
Read our flexible working approach here .
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 pension50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown coverAdditional optional Health and Dental insuranceEV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.Generous holidaysBuy as you earn share schemeEmployee discounts and cashbackPlus many more
Being 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.