Pricing Analyst - Protect (North) - INTERN (12 month FTC)

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

Salary – Salary is from £28,000+ annual bonus & benefits

Work Level - 1

Location – Edinburgh (blended working)

Industry Placement - Fixed Term Contract – 10 - 12 months

Office Attendance - Our roles are hybrid, however you should be able to travel to our Edinburgh office, 2 days per week for this position.

Closing Date for applications - 7th April 2026

Are you seeking an exciting chance to earn as you gain new skills? We’re looking for an undergraduate student working towards a relevant numerate degree to work as a Pricing Analyst in our insurance pricing teams in Reigate on a 10-month Industry Placement starting Monday 7th September 2026 for the duration of the academic year (placement finishing on 1st July 2027).

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.

In this highly technical and specialised role you’ll support our insurance business by analysing pricing trends, building predictive models, monitoring the performance of the business, and identifying areas of opportunity for growth and profitability. You’ll work in a team of Pricing Experts and experience a variety of responsibilities to immerse yourself in our 12-month Industry Placement.

Everyone’s welcome

We want all our colleagues to always feel welcome and be themselves at Tesco Insurance and Money Services. 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.

What you’ll be doing

• Building predictive models and utilising Data Science tools to provide insight into insurance pricing.
• Delivering high quality analysis to support pricing changes and business opportunities.
• Monitoring the emerging performance across the portfolio to identify areas of focus.
• 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.
• 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)

• You’ll be working towards a degree in a numerical subject on track for a 2:1 degree.
• An interest in insurance pricing & in the UK personal lines insurance market.
• 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.
• Customer centric; focused on the delivery of high levels of customer service.

What’s in it for you?

• You can maximise your work experience and learnings to carve your career path and make a real impact.
• Prepare for your retirement with our colleague pension scheme.
• 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 prorated for 10 months.
• Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increases to 15% every payday (worth up to £2K). As an added perk, we’ll give you a second card to share with someone else.
• Opportunity to participate in our Green Car scheme through tax efficient salary sacrifice.
• Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave.
• Critical illness cover.
• 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 Earn share schemes.

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. This position is only open to UK based undergraduates with the right to work full time in the UK. Please note we are unable to provide sponsorship for this role at this time. Interviews commencing: April 2026.