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Pricing Manager

2 months ago

Reigate, United Kingdom Tesco Bank Full time

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

Pricing Manager – Protect (South)

Reigate, Blended working approach with 2 days onsite in Reigate

Starting salary at £, + Benefits

Closing date: August 4

Opportunity

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 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, 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.

The Role

You’ll play a pivotal role in the business as you’ll be responsible for:

•Maintaining the live claim cost pricing model ensuring pricing accuracy and customer journey are equally considered

•Developing the suite of price monitoring reports to identify trends at the earliest opportunity

•Bringing price proposals to the appropriate forums for discussion and approval

•Working closely with your retail pricing counterparts to deliver good end-to end outcomes

•Line management for two analysts.

What you’ll bring (min criteria)

•Strong theoretical and practical understanding of Personal Lines pricing

•Prior experience of using insurance pricing software, Radar

•Knowledge of programming languages 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 at Tesco Bank.

What’s in it for you?

•Prepare for your retirement with our colleague pension scheme.

•Private Medical Insurance (WL2+) and virtual GP Service for you and your family days a year.

•Performance related annual bonus.

•Indulge in a generous holiday allowance with a minimum of weeks, with the opportunity to buy more.

•Embrace the benefits of our Colleague Clubcard, enjoy a % discount that increase to % every payday (worth up to 2K). 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.

•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

Role Alignment

Following the announcement regarding Tesco's strategic partnership with Barclays, this role will support our Insurance and Money Services team and will remain with Tesco.

Interviews

Interviews are expected to be held from August 4.