Head of Risk

2 Days Old

Job Summary We’re recruiting a Head of Risk to join our Risk Function at Tesco Insurance and Money Services, reporting to the Chief Risk Officer. This is a permanent role with hybrid working – you will need to attend the office 2 days a week. Salary: Competitive + Annual Bonus & Benefits Location: Reigate / Edinburgh / Glasgow / Newcastle Closing date: Friday 10th April 2026 SMCR Certified role: The successful applicant will be screened according to our pre‑employment screening policy guidance. Key Responsibilities
Co‑ordinating the ORSA process, including annual report updates and Stress & Scenario testing. Providing oversight and challenge to the Insurance and Money Services business to ensure operational risks are managed and reported within risk appetite, policy, and regulatory compliance constraints. Preparing and presenting papers to key stakeholders at relevant governance meetings. Using expertise and market knowledge to identify new external developments and emerging issues, evaluating their potential impact on, or usefulness to, the organisation. Using risk analytical skills to drive improvements and enhancements to data analytics within the risk function. Line managing a small team of Insurance Risk professionals, with access to Risk SMEs across the wider team as needed.
Required Experience
Proven experience working in a risk management function in a highly regulated financial services / insurance environment. Robust knowledge of the personal lines insurance market. Experience of working in multi‑disciplinary teams and leading projects to achieve specific end results within limited timeframes. Wide and deep experience providing expert competence in risk, with demonstrable experience of building strong relationships and the ability to pragmatically challenge stakeholders, including senior leaders. A collaborative mindset, with a passion for developing people and driving continuous improvement. Strong written and verbal communication skills. A focus on prioritisation and being accountable for delivering what matters. A degree or equivalent qualification or experience in a related discipline, e.g., insurance, actuarial, finance.
Benefits
Performance‑related annual bonus. Pension scheme to help you prepare for retirement. Private healthcare, health screening, life assurance and virtual GP service for you and your family 365 days a year. Generous holiday allowance – minimum 7.2 weeks, with the opportunity to buy more. Colleague Clubcard with a 10% discount (increasing to 15% every payday) and a second card to share. Company car allowance and green car leasing scheme. Family‑oriented initiatives, including enhanced maternity leave pay, a shared parental leave policy, and generous 8‑week paid paternity leave. Participation in Buy as you Earn and Save as you Earn share schemes.
Inclusive Culture Everyone’s welcome. We want all our colleagues to feel welcome and be themselves. We’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, valuing the richness and diversity this brings to our business. Additional Information We recognise the importance of balancing work with life’s other commitments. Please discuss the flexibility you need at interview – we are committed to exploring flexible working opportunities at every level of the organisation. Interview Process Interviews commence April 2026. #J-18808-Ljbffr
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Location:
Reigate
Job Type:
FullTime

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