Commercial Manager

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

Salary - Between £44,000 - £55,000 + annual bonus & benefits

Work Level - 2

Location - Edinburgh, Permanent

Office Attendance- Our roles are hybrid, however you should be able to travel to our Edinburgh office, 2-3 days per week for this position.

Closing Date - Applications close 30th July at 5pm

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 insurance 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 looking for a Commercial Manager to join our Protect Team in Insurance and Money Services. You'll be involved in setting business targets and ensure they are delivered in line with plan. To do this you will co-ordinate a cross-functional team from across a range of business disciplines (e.g. Marketing, Pricing) to develop and deliver a plan of activities and initiatives. You'll be responsible for forecasting as well as analysing sales & trading data and reporting on trends and a range of performance metrics.

Using your effective communication skills, you'll ensure your partners are professionally managed, actions and issues are promptly resolved, governance is adhered to, and relevant opportunities are being discussed and driven forward.

What you'll be doing

• Interpreting commercial results and providing insights and recommendations on commercial trends. Helping managers make effective decisions based on data, and ensuring they are clear on the implications.
• Build commercial models to forecast performance against budgets, reporting variances to more senior colleagues and making recommendations based on the data.
• Input to the development of pricing decisions based on customer and market insight as well as current sales and performance data.
• Contributing information to business cases to quantify costs, justify project investment, and identify the return on investment.
• Monitoring all elements and aspects of a product life cycle, including long- and short-term development and marketing.
• Identifying, within the team, instances of non-compliance with the organisation's policies and procedures and/or relevant regulatory codes and codes of conduct, reporting these and escalating issues as appropriate.
• Maintaining day-to-day contact with business-critical suppliers and responding to complex incidents with suppliers/services to analyse performance and provide feedback on key supplier management indicators.
• Taking ownership of specific workstreams or project/product plans, ensuring that all activities are identified and appropriately organised to deliver product objectives.

We need you to have

• Commercial Acumen. The ability to interpret commercial results and apply understanding of the business environment and objectives (trading) to develop solutions with minimal supervision.
• Proven MS Excel skills to create relevant and effective reports using various data sources, analysing data trends to help guide decision making. Confidence with making sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
• Project Cost and Budget Management. Competence in estimating and managing the effort and finances required to complete work within budget.
• Market Research and Analysis. Applying knowledge of business and the marketplace to advance Tesco Travel Insurance goals. Using research and analysis to develop a comprehensive understanding of market conditions in order to facilitate the success of our brand, products and services.

And if you have any of these, even better

• Demonstrating Advanced Excel skills.
• Knowing the most effective and efficient processes to get things done, with a focus on continuous improvement.
• Building strong customer relationships and delivers customer-centric solutions.
• Holding self and others accountable to meet commitments.

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.

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 365 days a year.
• 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 (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 your 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 w/c 10th June.

How to apply

We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.

Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you're interested in finding out more about what a career at Tesco Bank looks like, click apply to find out more!

Why Tesco Bank?

We're also a little obsessed with the future. Your future. Our future. That's why we take development seriously; we want to help you thrive and evolve in your career. Tesco Bank is a place to get on, all colleagues have access to LinkedIn Learning and Abstract, from day one.

It's important to us that we make sure you're supported by your team and colleague networks every day, celebrating when it matters and helping you to be the best version of yourself. The people make Tesco Bank, and we take pride in what we achieve together.

All that hard work? Come and see it turned into something real, usable, and important to customers' and colleagues' everyday lives. At Tesco Bank, our products make things a little better for everyone.