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Pricing manager - protect (south)

Reigate
Tesco Insurance
Pricing manager
€60,000 a year
Posted: 29 April
Offer description

Serving our customers, communities and planet a little better every day.


Salary

Salary is from £57,760 + annual bonus & benefits.


Work Level

2 - Permanent role.


Location

Reigate or Edinburgh or Glasgow.


Office Attendance

Hybrid; travel to Reigate, Edinburgh or Glasgow office 2 days per week.


Closing Date for applications

Applications close on 11th May 2026.


About the Role

We’re recruiting an Enrichment Pricing Manager within our Motor Risk Pricing team based in our Reigate / Edinburgh / Glasgow office. This team looks after the technical and live claims cost models, identifies and assesses new data sources, monitors the day‑to‑day performance of the portfolio and regularly proposes price changes based on emerging experience. We pride ourselves on our agile, varied and collaborative environment.


Responsibilities

* Analysing new data sources, internal and external, for use within Pricing.
* Feature engineering and modelling new rating features using a range of modelling techniques.
* Supporting the continual improvement in Motor risk technical claim cost pricing models and supporting data feeds.
* Bringing price proposals to the appropriate forums for discussion and approval, ensuring the customer is considered.
* Periodic review of value and ongoing maintenance of existing data sources and enrichment.
* Developing the suite of model monitoring reports to identify trends at the earliest opportunity.
* Working closely with your risk and retail pricing counterparts to deliver good end‑to‑end outcomes.
* Supplier / stakeholder management for existing and proposed data sources.
* Line management for two analysts.


Qualifications

* Strong theoretical and practical understanding of Personal Lines pricing.
* Deep knowledge and experience of modelling techniques – principally GLM and GBM.
* Prior experience of using insurance pricing software, e.g. Radar, Emblem.
* Knowledge of programming languages e.g., SAS, R, and Python.
* Great attention to detail and an analytical mentality.

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.


Benefits

* Prepare for your retirement with our colleague pension scheme.
* Private Healthcare & Virtual GP Service for you and your family 365 days a year.
* Performance related annual bonus.
* Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.
* Enjoy the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday. As an added perk, we’ll give you a second card to share with someone else.
* Green Car Leasing Scheme.
* Critical Illness cover.
* Benefit from our family‑oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave.
* Take part in our Buy as you Earn and Save as you Earn share schemes.


Everyone’s welcome

We want all our colleagues to always feel welcome and be themselves. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.


Interviews

We know the importance of balancing work with life’s other commitments. Please talk to us at interview about the flexibility you need, as we’re committed to exploring part time and flexible working opportunities, at every level of the organisation.

Interviews will commence shortly after closing date.

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