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- Tasks: Drive financial performance and strategy for Tesco Underwriting while collaborating with key stakeholders.
- Company: Join a leading company committed to inclusivity and innovation in the insurance sector.
- Benefits: Starting salary from £66,400+, hybrid work, and flexible working options.
- Why this job: Make a real impact on financial strategies and help shape the future of underwriting.
- Qualifications: Deep understanding of insurance profitability, reinsurance, and investment strategies required.
- Other info: Dynamic team environment with opportunities for career growth and personal development.
The predicted salary is between 66400 - 93040 £ per year.
Salary: Starting from £66,400+ and excellent benefits
Location: Reigate (Hybrid)
Office Attendance: Hybrid; 2 days per week at Reigate office after training
Closing Date: Friday 20th February 2026
Opportunity
We are looking for a Senior Financial Performance Manager to join our Tesco Underwriting (TU) team in Reigate. You’ll support the Finance Director in driving the performance of our TU business and contribute to Tesco IMS strategy.
Responsibilities
- Driving the development of the finance aspects of the underwriting & pricing strategy, the reinsurance strategy and the investment strategy.
- Supporting the TU Finance Director and IMS CFO in developing clear plans, actions and monitoring of performance against TU’s financial and growth ambitions.
- Working with other parts of the TU and broader Tesco IMS finance teams as well as internal business stakeholders (e.g. underwriting & pricing and the actuarial function) and external providers (e.g. AON, JP Morgan) this role will be the link between the business and the broader finance team for TU and IMS.
- Driving the analysis of competitor results to establish TU’s strengths and opportunities for performance improvement.
- Leading the running of the TU reinsurance and investment committees.
- Leading the development of the reinsurance and investment strategies.
- Developing clear inputs / outputs to support all aspects of reinsurance and investments for TU.
- Developing clear analysis and outputs to support a greater understanding of the reserving position.
- Developing clear metrics / measures for the optimisation of the use of capital for TU and put forward opportunities to manage capital more clearly in support of the dividend policy and capital management strategy of the business.
- Preparing and presenting reports for TU senior management on opportunities or challenges across the performance of TU.
- Analysing underwriter competitors’ results/performance, identifying where TU performance sits in the context of the market.
Qualifications & Experience
- Deep understanding of insurance underwriting profitability and performance.
- Understanding of key performance measures including reinsurance and investments.
- Knowledge of reinsurance contracts, features and financials.
- Knowledge of investment accounting and investment opportunities.
- Strong understanding of actuarial reserving outputs and impacts to the performance of the business.
- Managerial Experience.
- Understanding of Solvency II capital requirements and the key inputs in managing capital.
Diversity & Inclusion
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.
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.
Interview Process
Interviews are expected from February 2026.
Our Story
We began life in 1997 and now help more than 2 million customers protect what matters to them. We strive to deliver a helpful service and make life easier for our customers.
Senior Financial Performance Manager in Reigate employer: Tesco Insurance
Contact Detail:
Tesco Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Performance Manager in Reigate
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors. Let them know you're on the lookout for opportunities, especially roles like Senior Financial Performance Manager. You never know who might have the inside scoop on openings!
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of underwriting profitability and performance metrics. Be ready to discuss how you can drive financial strategies and improvements at Tesco Underwriting. Show us you mean business!
✨Tip Number 3
Don’t forget to research Tesco’s competitors and their performance. Being able to analyse and present this information will set you apart in interviews. It shows you’re proactive and understand the market landscape!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Tesco Underwriting. Let’s make it happen!
We think you need these skills to ace Senior Financial Performance Manager in Reigate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Financial Performance Manager role. Highlight your experience in insurance underwriting profitability and performance, as well as any managerial experience you have. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our Tesco Underwriting team. Mention specific examples of how you've driven financial performance in previous roles, and don’t forget to show your enthusiasm for the position.
Showcase Relevant Skills: Be sure to showcase your understanding of key performance measures, reinsurance contracts, and investment opportunities. We’re looking for someone who can hit the ground running, so make it clear how your background prepares you for this role.
Apply Through Our Website: We encourage you to apply through our website for the best chance of success. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Tesco Insurance
✨Know Your Numbers
As a Senior Financial Performance Manager, you'll need to demonstrate a deep understanding of financial metrics. Brush up on key performance measures related to underwriting profitability, reinsurance, and investments. Be ready to discuss how these metrics impact business performance and how you can leverage them to drive growth.
✨Showcase Your Strategic Thinking
This role involves developing strategies for underwriting and pricing, as well as investment and reinsurance. Prepare examples from your past experience where you've successfully driven strategic initiatives. Highlight your ability to analyse competitor performance and identify opportunities for improvement.
✨Communicate Clearly
You'll be preparing and presenting reports to senior management, so practice articulating complex financial concepts in a clear and concise manner. Use real-world examples to illustrate your points and ensure you can explain how your insights can support the company's financial ambitions.
✨Embrace Inclusivity
Tesco Underwriting values diversity and inclusion, so be prepared to discuss how you can contribute to a welcoming workplace. Share your thoughts on fostering an inclusive environment and how you’ve supported diverse teams in the past. This will show that you align with their company culture.
