Pricing Analyst - Protect (South)

Tesco Insurance & Money Services; Reigate; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance service provider in Reigate is seeking a Pricing Analyst for its Insurance and Money Services team. The role involves building pricing models, analyzing trends, and monitoring performance to enhance business opportunities. Candidates should have a degree in a numerical subject, be highly computer literate, and have strong research skills. This position offers a hybrid work model with two days a week in the office and comes with competitive salary and benefits.

Benefits

Colleague pension scheme

Virtual GP Service

Performance-related annual bonus

Generous holiday allowance

Colleague Clubcard discounts

Enhanced maternity leave pay

Ongoing learning opportunities

Qualifications

• Strong academic record with a minimum 2.1 classification in a numerical subject.
• Ability to research new modeling techniques.
• Good organizational skills and ability to work in a team.

Responsibilities

• Build pricing models using Data Science tools.
• Monitor business performance and identify improvement opportunities.
• Communicate modeling results in plain language.

Skills

Data analysis

Statistical modeling

Research skills

Excel proficiency

Customer service focus

Education

Degree in a numerical subject

Tools

R

Python

Job description

Tesco Insurance • Reigate -The Omnibus Building, Lesbourne Road, Reigate, Surrey, RH2 7LD, United Kingdom • Permanent • Apply by 16-Jan-2026

About the Role

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

Salary is from £33,040 + annual bonus & benefits

Work Level - 1

Location - Reigate (blended working)

Office Attendance - Hybrid, with 2 days per week in Reigate office.

Closing Date for applications - 16th January 2026 at 5pm.

We're recruiting for a Pricing Analyst to join our Insurance and Money Services team on a permanent contract. This role is known as Pricing Analyst - Protect (South) in Tesco Underwriting.

In this highly technical and specialised role you will support the insurance business by analysing pricing trends, building predictive models, monitoring performance, and identifying growth opportunities.

What You'll Be Doing

• Building pricing models and utilising Data Science tools to provide insight into insurance risk.
• Delivering high quality data analytical activities to support pricing changes and business opportunities.
• Proactively researching and implementing new statistical analyses, machine learning and automation to improve processes.
• Communicating the results of the modelling and analytical work effectively in non-technical language.
• Monitoring the business performance across our products and highlighting opportunities.
• Keeping knowledge and skills up to date and driving your own personal development.

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.

Requirements (Minimum)

• A strong record of education attainment with a degree in a numerical subject with statistics – ideally a 2.1 classification.
• Highly computer literate; able to use Excel and other common data analysis and data processing/modeling software.
• Strong appetite and ability to research new modelling techniques using a range of tools including R and Python.
• 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.
• Highly customer centric; focused on delivery of high levels of customer service.
• Some knowledge or interest of the UK personal lines insurance market.

Nice to Have

• Proven ability to solve business problems and overcome obstacles to find effective solutions.
• Ability to explain complex analysis clearly, avoiding jargon and acronyms and explain material financial implications.
• Appropriately balance statistical accuracy with financial materiality.
• Ability to apply judgement where data may be sparse or insufficient in quality or where uncertainty surrounds outcomes.
• Self‑motivated, able to work with minimum supervision.

Benefits

• Colleague pension scheme with retirement benefits.
• Virtual GP Service for you and your family 365 days a year.
• Performance related annual bonus.
• Generous holiday allowance with a minimum of 7.2 weeks; can buy more.
• Colleague Clubcard discounts – 10% increasing to 15% every payday (up to £2K); plus a second card to share.
• Family‑oriented initiatives: enhanced maternity leave pay, shared parental leave policy, 8‑week paid paternity leave.
• Ongoing learning opportunities and award‑winning training.
• Buy‑as‑you‑Earn and Save‑as‑you‑Earn share schemes.

Additional Information

We also know the importance of balancing work with life 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.

Interviews Commencing on Jan 2026

Why Tesco Insurance and Money Services?

Seeing your impact all around you gives a unique feeling. We help colleagues and serve customers, communities, and planet a little better every day.

Our Story

Making Insurance and Money Services more rewarding and offering great value and choice – because we know little wins can make a big difference. We began life in 1997 and now help more than 2 million customers protect what matters to them. We deliver a helpful service in everything we do and make life easier for our customers.

How to Apply

We our people and diverse teams and believe variety of backgrounds and experiences make us stronger to achieve our goals. If you're interested in finding out more about a career at Tesco Insurance and Money Services, apply to find out more!