General information

Job Title
Senior Supplier Risk Analyst
Ref #
9333
Location
Newcastle - Q8 Building, Quorum Business Park, Longbenton, NE12 8BU
Department
Outsourcing & Contracts - Newcastle
Business Area
Outsourcing Contracts & Procurement
Working time
Full-Time
Date Published
03-09-2025

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

Salary – from £43,680+ annual bonus & benefits
Work Level - 2
Location - Edinburgh, Glasgow, Newcastle or Reigate
Office Attendance- Our roles are hybrid; you should be able to work in our offices 2 days per week
Closing Date - Applications 19 September 2025 at 5pm.

We deal in the personal – from 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’re recruiting for a Senior Supplier Risk Analyst to join our Insurance and Money Services team. You’ll support the Supplier Risk and Assurance Manager and wider Outsourcing and Supply Chain Management team in protecting Tesco Insurance and Money Services from risks associated with third-party suppliers by developing and implementing robust supplier risk management frameworks.

This role supports in ensuring compliance with regulatory requirements, enhances operational resilience, and supports strategic decision-making through effective risk identification, assessment, and mitigation.

The Role

• Evaluating potential and existing suppliers for financial, operational, geopolitical, and compliance risks.
• Conducting due diligence and risk assessments in line with Outsourcing and Supply Chain Management framework.
• Continuously monitoring news, financial data, and regulatory changes that may impact suppliers.
• Reporting risk findings to senior management and recommending mitigation strategies.
• Collaborating with procurement, legal, risk and compliance teams to address supplier issues.
• Establishing and maintaining supplier risk management policies, procedures, and frameworks.
• Serving as a point of contact for supplier risk issues and escalations.
• Preparing and presenting monthly risk reports to senior management.

We need you to have (min exp)

• Risk management, experience or understanding of 3rd party or supplier management.
• Experience of working within established risk management systems.
• Robust stakeholder management skills required to work in cross functional teams to ensure risks are appropriately managed during       
  onboarding and ongoing management of 3rd party suppliers, where there are often conflicting priorities across the teams.
• Ability to make sense of complex, high quantity, and sometimes contradictory information to effectively solve problems.
• Proven data collection and analytical skills.
• Confident in providing insights into business dynamics.
• Strong reporting skills required to create relevant and effective risk reports that can be shared with senior stakeholders.
• Good stakeholder management skills and excellent communication skills.
• Demonstrable experience with identifying, assessing and prioritising managing.

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 & 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. 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.
• 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.
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.
Interviews

Interviews are expected to be held from September 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 centres 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!
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