Tesco Insurance Newcastle Apply by 01-Jul-2025
About the role
Serving our customers, communities, and planet a little better every day.
Salary Range from £57,760 + & Benefits & annual bonus
Work Level – 2
Location – Newcastle, Edinburgh, Glasgow, Southampton or Reigate, Permanent blended working, with occasional travel to other offices
Shift: Monday to Friday 09:00 -17:00. 36 hours per week.
Closing Date - Applications close 01 July 2025 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 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.
Opportunity:
We have an opportunity for a Procurement Manager to join our Tesco Underwriting team, working with all levels of leadership.
The role:
Procurement plays a crucial role in our organisation, ensuring we have the right suppliers, contracts, and strategies to support our evolving business. You’ll manage the contractual processes including sourcing new third-parties and renewals of existing in compliance with the Procurement & Supplier Management policy and framework to ensure Tesco Underwriting receive appropriate service and value for money.
What you’ll be doing:
• Identifying contract requirements and writing specifications for existing contracts and/or new contracts.
• Client & Customer Management - helping senior colleagues manage client and customer relationships by using relevant sales or client systems.
• Supplier Management & Supply Chain Management - maintaining day-to-day contact with business-critical suppliers and respond to complex incidents with suppliers or supplies/services to analyse performance and provide feedback on key supplier management indicators.
• Contract Management - managing the delivery of a major part of our contract management program while taking personal responsibility for a limited number of mission-critical contracts.
• Effectively building formal and informal relationship networks inside and outside of Tesco Underwriting.
• Keeping track of risk parameters, identifying any more deviations and reporting them to more senior colleagues.
• Developing stakeholder engagement through identifying stakeholders, finding out their needs/issues/concerns and reacting to these to support the communication of business information and decisions.
• Delivering high savings targets through implementation of robust sourcing events, ensuring that suppliers meet all operational requirements whilst providing best value for Tesco Underwriting.
• Consistently track and report on savings targets for specified sub-categories using the agreed process.
• Using sound judgement build new and develop existing supplier relationships to ensure continued suitability and create greater value across Tesco Underwriting.
• Support the business to achieve compliance with legal, ethical, and social procurement policies with integrity and good judgement.
We need you to have:
• Proven experience of leading RFP process for Tier 1 suppliers.
• Line management responsibility for two Procurement specialists.
• Demonstrates experience in Categories: Professional services and Claims supply chain.
• Robust experience in procurement for Underwriting and Claims services.
• Motor / home / personal lines experience is advantageous.
• CIPS qualified or working towards this.
• Ability to manage multiple priorities in a fast-paced, evolving environment, ensuring procurement activities align with our strategic objectives.
• Experience working inside a large corporate entity with global reach.
• Showing a strategic Mindset: Seeing ahead to future possibilities and translating them into breakthrough strategies.
• Building partnerships and works collaboratively with others to meet shared objectives.
• Communicating effectively - developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Consistently achieving results, even under tough circumstances.
• Building strong customer relationships and delivering customer-centric solutions.
• Anticipating and balancing the needs of multiple stakeholders. Engaging effectively with multiple stakeholders and responds with well-balanced, win-win solutions.
• Applying knowledge of business and the marketplace to advance our organisational goals.
• Interpreting and applying key financial indicators to make better business decisions.
• Strong negotiation skills and commercial acumen.
• Knowledge of Supplier relationship and performance management.
• Securing and deploying resources effectively and efficiently.
• Applying the most effective and efficient processes to get things done, with a focus on continuous improvement.
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 Healthcare for 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 holiday.
• 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.
• Green Car Leasing Scheme.
• Critical Illness cover.
• 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.
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.
Interviews - July 2025.
Why Tesco Insurance and Money Services?
Seeing your impact all around you: there's no better feeling.
Lucky for us, we get to feel it all the time. Because whatever our role, we're helping our colleagues and serving our customers, communities and planet a little better every day.
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.
Everything we do is about making things better. Not just for others, but for you too. It's why you'll get bags of choice and plenty of development. It's why you'll always be heard and find balance that works for you. It's why you'll feel totally at home in a place where everyone's welcome.
So, if you want a career where you can do good and feel good, you've found it.
Let's make everyday a little better.
Our story
Making Insurance and Money Services more rewarding and offering great value and choice - because we know little wins can make a big difference.
We began life in 1997 and now help more than 2 million customers protect what matters to them.
We want to deliver a helpful service in everything we do and to make life easier for our customers. Our policies are really easy to manage online for our customers, but we know that being able to speak to our customer service staff when you need to is really important. This is why our customer service centers are open seven days a week.
Delivering great customer service means having great people behind the scenes – people who understand our customers and are driven by doing the right thing for them. We offer colleagues a place where they can feel totally at home in a place where everyone's welcome, where they can be part of a great team focused on making a real difference for our customers.
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 Insurance and Money Services looks like, click apply to find out more!