Pricing Manager - Protect (South)

Tesco PLC; Pulborough; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading retail company in the UK is seeking a Pricing Manager to join their Motor Risk Pricing team. The role involves maintaining pricing models, assessing new data sources, and managing a small team of analysts. Ideal candidates will have strong knowledge of Personal Lines pricing and relevant programming languages. The company offers an inclusive environment and various employee benefits including a pension scheme and private healthcare.

Benefits

Colleague pension scheme

Private Healthcare & Virtual GP Service

Performance-related annual bonus

Generous holiday allowance

Colleague Clubcard discount

Green Car Leasing Scheme

Critical Illness cover

Enhanced maternity leave pay

Qualifications

• Strong theoretical and practical understanding of Personal Lines pricing.
• Deep knowledge of modelling techniques predominantly GLM and GBM.
• Prior experience of using insurance pricing software like Radar.
• Knowledge of programming languages such as SAS, R, Python.
• Great attention to detail and an analytical mentality.

Responsibilities

• Maintain technical claim cost pricing models, ensuring accuracy.
• Assess the value and impact of new data sources.
• Develop model monitoring reports to identify trends.
• Present price proposals for discussion and approval.
• Work closely with retail pricing counterparts.
• Line-manage two analysts.

Skills

Personal Lines pricing understanding

Modelling techniques

Insurance pricing software (Radar)

Programming languages (SAS, R, Python)

Attention to detail

Job description

Pricing Manager – Protect (South)

We’re recruiting a Pricing Manager – Protect (South) within our Motor Risk Pricing team in Reigate. 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

• Maintain technical claim cost pricing models, ensuring accuracy and stability.
• Assess the value and impact of new data sources.
• Develop model monitoring reports to identify trends at the earliest opportunity.
• Present price proposals to the appropriate forums for discussion and approval, ensuring the customer is considered.
• Work closely with retail pricing counterparts to deliver end‑to‑end outcomes.
• Line‑manage two analysts.

Qualifications

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

Benefits

• Colleague pension scheme.
• Private Healthcare & Virtual GP Service.
• Performance‑related annual bonus.
• Generous holiday allowance (minimum 7.2 weeks).
• Colleague Clubcard – 10% discount rising to 15% every payday (up to £2K).
• Second card for a companion.
• Green Car Leasing Scheme.
• Critical Illness cover.
• Enhanced maternity leave pay, shared parental leave, 8‑week paid paternity leave.
• Buy as you Earn and Save as you Earn share schemes.

Additional Information

We welcome all colleagues and are committed to building an inclusive workplace. We also support flexible working arrangements and part‑time opportunities. Interviews commence Nov 2025.