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Pricing Analyst - Protect; North

Job in City of Edinburgh, Edinburgh, City of Edinburgh Area, EH1, Scotland, UK
Listing for: Tesco Insurance
Part Time position
Listed on 2026-02-16
Job specializations:
  • Finance & Banking
    Financial Consultant, Financial Analyst, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 60000 - 80000 GBP Yearly GBP 60000.00 80000.00 YEAR
Job Description & How to Apply Below
Position: Pricing Analyst - Protect (North)
Location: City of Edinburgh

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

Salary from £33,040+ annual bonus & benefits

Work Level - 1

Permanent role

Location - Edinburgh or Glasgow (blended working)

Office Attendance - Our roles are hybrid, however you need to travel to our Edinburgh or Glasgow office 2 days per week for this role.

Closing Date for applications 6th March 2026

At Tesco Insurance, we help customers through some of life’s most difficult and vulnerable moments. Whether it's a bump in the road, damage to a home, or a sudden emergency, every call is a chance to show we care and to do the right thing with empathy and expertise.

We’re recruiting for Pricing Actuarial Analysts to join our Insurance and Money Services team on a permanent contract. Please note this role is known as Pricing Analyst - Protect (North) in Tesco Underwriting.

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

The Role
  • 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 the use of new statistical analyses, machine learning and automation to improve processes.
  • Communicating the results of the modelling and analytical work effectively in non-technical language to peers and stakeholders.
  • Monitoring the business performance across our products and highlighting opportunities off the back of this.
  • 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.

We need you to have (min experience)
  • 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.
  • 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 the delivery of high levels of customer service.
  • Some knowledge or interest of the UK personal lines insurance market.
And if you have any of these, even better.
  • Proven ability to solve business problems and overcoming obstacles to find effective business solutions.
  • Ability to explain complex analysis clearly, avoiding the use of jargon and acronyms and able to communicate the material financial implications of modelling and analysis decisions.
  • Appropriately balance statistical accuracy with financial materiality.
  • Able to apply judgement where data may be sparse or insufficient in quality or where considerable uncertainty surrounds the range of potential outcomes.
  • Self-motivated, able to work with minimum supervision.
What’s in it for you?
  • Prepare for your retirement with our colleague pension scheme.
  • Virtual GP Service for you and your family 365 days a year.
  • Critical illness cover
  • Competitive 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. As an added perk, we’ll give you a second card to share with someone else.
  • Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave.
  • Green car leasing benefit
  • Support with your Actuarial exams and salary increase with passed exams.
  • 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 your…
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