Serving our customers, communities, and planet a little better every day.
Salary – from £57,760 + annual bonus & benefits
Work Level – 2
Permanent role
Location – Reigate/Edinburgh (blended working)
Office Attendance - Our roles are hybrid, however you need to travel to our Reigate or Edinburgh office 2 days per week for this role.
Closing Date for applications - 1st September 2025
We deal in the personal – from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you’ve worked hard for. And that means we always work with heart. Whether we’re helping our customers or looking after our people, you’ll find there’s a warmth and friendliness to everything we do.
We’re on the lookout for a sharp, data-driven Pricing Manager to join our Home Pricing team at Tesco Underwriting. This is more than just a job – it’s a chance to make your mark in a high-performing general insurance pricing team.
Opportunity
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.
This is a high-impact, technical role where your insights will directly shape our success. If you’re passionate about pricing, love solving complex problems, and want to see your work make a real difference – we want to hear from you.
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.
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.
What’s in it for you?
• 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.
• Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday (worth up to £2K). As an added perk, we’ll give you a second card to share with someone else.
• Green Car Leasing Scheme.
• Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave.
• A place to get on - take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want.
• 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.
Additional Information
We also 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 commencing September 2025
Why Tesco Insurance and Money Services?
Seeing your impact all around you: there's no better feeling.
Lucky for us, we get to feel it all the time. Because whatever our role, we're helping our colleagues and serving our customers, communities and planet a little better every day.
We deal in the personal – from pet insurance for your best friend, and home insurance for peace of mind, to motor insurance for your dream car or travel money for that trip you’ve worked hard for.
Everything we do is about making things better. Not just for others, but for you too. It's why you'll get bags of choice and plenty of development. It's why you'll always be heard and find balance that works for you. It's why you'll feel totally at home in a place where everyone's welcome.
So, if you want a career where you can do good and feel good, you've found it.
Let's make everyday a little better.
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 want to deliver a helpful service in everything we do and to make life easier for our customers. Our policies are really easy to manage online for our customers, but we know that being able to speak to our customer service staff when you need to is really important. This is why our customer service centers are open seven days a week.
Delivering great customer service means having great people behind the scenes – people who understand our customers and are driven by doing the right thing for them. We offer colleagues a place where they can feel totally at home in a place where everyone's welcome, where they can be part of a great team focused on making a real difference for our customers.
How to apply
We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.
Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you’re interested in finding out more about what a career at Tesco Insurance and Money Services looks like, click apply to find out more!
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