At a Glance
- Tasks: Create innovative pricing models for insurance and provide actionable insights.
- Company: Join John Lewis Financial Services, a leading employee-owned business in the UK.
- Benefits: Competitive salary, night premium, hybrid working, and a supportive work culture.
- Other info: Flexible working options and a focus on personal growth in a collaborative environment.
- Why this job: Make a real impact on pricing strategies while working with unique retail data.
- Qualifications: Numerate degree or apprenticeship, 1+ years in insurance pricing, and SQL expertise.
The predicted salary is between 42500 - 64000 £ per year.
It is an exciting time to join our newly established pricing team within John Lewis Financial Services. Following the launch of our broker, you will have the unique opportunity to influence the direction of our modeling and reporting from the ground up.
As a Pricing Analyst, you will:
- Innovate: Develop and deliver price optimisation models for Motor or Home insurance.
- Integrate: Use your technical expertise to blend traditional insurance metrics with our proprietary retail data — a data set unique to the Partnership.
- Impact: Monitor performance via bespoke dashboards, providing actionable insights that directly influence our strategy.
In addition to your contractual pay, any time worked between 22:00 - 06:00 will attract Night Premium at a rate of £4.75 per hour. This will also apply to existing Partners who have enrolled onto Enhanced Hours Premium arrangements.
Salary Expectations: Up to £45,000 depending on experience. Working pattern/flexible working - The Partnership has adopted a hybrid working approach, meaning you'll be able to work a mixture between the office and home based upon your personal needs whilst balancing the needs of the business. The team meets in the office 1 day a week to connect.
Key responsibilities
- Providing a range of pricing options for consideration to the Senior Pricing Manager with suggested recommendations, with a particular focus on generating insights and value from our proprietary retail data.
- Delivering robust behavioural, demand, and market premium models in Earnix, compliant with regulations, and delivering ongoing value for customers and the business.
- Maintaining and enhancing Earnix LTV models with robust assumptions to deliver reliable lifetime value insights for responsible pricing and customer value.
- Monitoring the effectiveness of implemented pricing strategies, track key performance indicators (KPIs), and prepare detailed reports and presentations for senior management and stakeholders.
- Supporting the specification of monitoring and controls that will ensure continued compliance with all relevant regulations.
- Ensure adherence to John Lewis policies and procedures, operating within all legal and regulatory guidelines.
Essential skills/experience you’ll need
- Suitable numerate degree or apprenticeship i.e Mathematics, Statistics, Actuarial Science or similar.
- Minimum of 1 years' experience in motor or home insurance pricing.
- Expertise in SQL.
- Good knowledge of general insurance principles, products, and practices.
- Experience building predictive models for general insurance.
- Familiarity with relevant regulations, particularly GIPP and Consumer Duty.
- Proven business judgement, with the ability to solve complex issues using pragmatic solutions.
Desirable skills:
- Knowledge of retail pricing data and modelling techniques.
- Experience with modelling tools (e.g., Emblem, Earnix, R, Python).
Closing Date: June 8, 2026
Pay: £42,500.00 - £64,000.00 Annual
Contract Type: Permanent
Hours of Work: 9am-5pm Mon to Friday
Job Level: Partnership Level 8
Where You'll Be Working: London Central Office, 1 Drummond Gate, London, SW1V 2QQ
We’re the largest employee owned business in the UK and home of our cherished brands, John Lewis and Waitrose. We’re not just employees, we’re Partners, driven by our purpose to build a happier world. As we look to our future, there’s never been a more exciting time to join us. We’re ruthlessly focused on being brilliant at retail. We continue to innovate, adapt and diversify. Never Knowingly Undersold on price, quality and service in John Lewis and passionately serving food-lovers in Waitrose.
As Partners we all share the responsibility of ownership and in its rewards. We use our voices to contribute to our success, working together through the good and challenging times, holding true to our behaviours and treating everyone with kindness and respect. We all own making the Partnership somewhere we belong. Embracing our differences and creating an environment where we’re free to be ourselves and can THRIVE. Growing ourselves individually, and as a collective. As Partners, we make all the difference. And, we all own it.
Important points to note: It’s important to note that some of our roles are subject to pre-employment vetting (which may include DBS checks for successful candidates). If required, you’ll be informed and provided with information about vetting during the recruitment process and we encourage you to complete any vetting documents quickly to avoid delays. Any DBS checks required will be carried out by a third-party registered body and financial probity checks may also be required for some of our roles.
We also recommend that you apply as soon as possible as vacancies can close early if we see a high number of applicants. We want all of our Partners to have a good work-life balance and we support flexible working. This might mean flexible or compressed hours, job sharing or shorter hour contracts, where possible. Please discuss this further with the hiring manager during your interview.
Pricing Analyst employer: John Lewis
At John Lewis Financial Services, we pride ourselves on being the largest employee-owned business in the UK, fostering a culture where every Partner is valued and empowered to contribute to our collective success. With a commitment to innovation and flexibility, our hybrid working model allows you to balance your professional and personal life while enjoying competitive pay and unique benefits like Night Premiums. Join us in our London Central Office, where you'll have the opportunity to grow your career in a supportive environment that champions diversity and encourages you to thrive.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees at John Lewis Financial Services on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your SQL skills and understanding pricing models. Be ready to discuss how you can innovate and integrate data in your role as a Pricing Analyst. Show them you’re the one they need!
✨Tip Number 3
Don’t just wait for job postings! Keep an eye on our website and apply directly. Sometimes, roles are filled before they even hit the job boards, so being proactive can give you the edge.
✨Tip Number 4
Follow up after your interview with a thank-you email. It’s a simple gesture that shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great way to reiterate your fit for the team!
We think you need these skills to ace Pricing Analyst
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Pricing Analyst role. Highlight your experience in motor or home insurance pricing and any relevant skills, like SQL expertise. We want to see how you can bring value to our team!
Showcase Your Technical Skills:Don’t forget to mention your technical know-how! If you've worked with modelling tools like Earnix or have experience building predictive models, let us know. This is your chance to shine and show us what you can do!
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to read. We appreciate a well-structured application that gets straight to the good stuff!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role right there!
How to prepare for a job interview at John Lewis
✨Know Your Numbers
As a Pricing Analyst, you'll be dealing with data all day long. Brush up on your numerical skills and be ready to discuss how you've used data in past roles. Be prepared to explain your experience with SQL and any predictive modelling tools you've worked with.
✨Understand the Industry
Familiarise yourself with the latest trends in motor and home insurance pricing. Knowing the regulations like GIPP and Consumer Duty will show that you're serious about compliance and can navigate the complexities of the industry.
✨Showcase Your Problem-Solving Skills
Be ready to share examples of how you've tackled complex issues in previous roles. Think of specific instances where your business judgement led to successful outcomes, especially in pricing strategies or model development.
✨Prepare for Behavioural Questions
Expect questions about teamwork and collaboration, as this role involves working closely with others. Have some stories ready that highlight your ability to work well in a team, especially in a hybrid working environment.
