Tesco Insurance • Reigate • Apply by 01-Sep-2025
About the role
Serving our customers, communities, and planet a little better every day.

WE NEED YOU TO HAVE (MIN EXPERIENCE)

• Strong theoretical and practical understanding of Personal Lines underwriting and pricing principles.
• Prior experience using industry standard pricing tools e.g., Radar and SAS
• A strong record of education attainment with a degree in numerical subject - ideally a 2.1 classification.
• Highly computer literate; able to use Excel and other common data analysis and data processing/modelling software.
• Ability to explain sophisticated analysis in plain English, avoiding jargon, and communicate material financial implications of modelling and analysis decisions.
• Good organisational skills; able to deliver tasks within agreed timescales. Ability to work as part of a team; fostering positive relationships and providing mutual support and guidance.
• Work as part of a team, fostering positive relationships and providing mutual support and mentorship.

And if you have any of these, even better.

• Strong appetite and ability to research new modelling techniques using a range of tools including R and Python.
• Previous management or coaching experience.

We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us.

THE ROLE

• The delivery, management and oversight of the Home rating structure, to achieve within the financial plan.
• Leading underwriting performance at a granular level. Proposing timely pricing or underwriting action is taken when performance is outside expectations or opportunities arise.
• Communicating the results of pricing proposals to peers, senior management and external parties as appropriate, including assessment of the end-to-end impact on the Tesco Insurance and Money Services P&L.
• Ensuring that work processes and pricing specifications are adequately documented, validated and stored within a clear directory structure with complete version history.
• Coaching and full line management of a small team of analysts, ensuring the needs of the individual are met. Responsibilities such as allocating work, motivating, and supporting personal development. This could be a fantastic opportunity to step into management.
• Supporting the Home Risk Pricing Team and collaborators from across the business within the Home Value Stream.
• Keeping knowledge and skills up to date and driving your own personal development.

In this permanent Pricing Manager role, you’ll lead a small, talented team and work at the heart of our Pricing function, collaborating across the Home Insurance Value Stream to shape pricing strategies that keep us ahead of the market.

• Driving pricing excellence for our Home products.
• Building predictive models and analysing trends to unlock growth and profitability.
• Monitoring performance and spotting opportunities others miss.
• Working closely with senior stakeholders to influence key decisions