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John Lewis & Partners Logo John Lewis & Partners · IT - Software Development

Pricing Analyst

United Kingdom, London Employment contract 42500.00 - 64000.00 GBP / Year · Job Posted May 27, 2026
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Job Description

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.

Job Responsibility

  • 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

Requirements

  • 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

Nice to have

  • Knowledge of retail pricing data and modelling techniques
  • Experience with modelling tools (e.g., Emblem, Earnix, R, Python)

What we offer

  • Leisure Learning
  • Partner Discount
  • Clubs & Societies
  • Holiday & Leave
  • Pension & Life Assurance
  • Exclusive Hotels
  • Night Premium at a rate of £4.75 per hour for time worked between 22:00 - 06:00
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