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United Kingdom (UK) 🛡️ UK Work Eligibility 💼 Subsidiary or Business Segment
Tesco Bank - Risk & QA Analyst
Tesco Bank ✓ Verified Employer

Risk & QA Analyst

Verified Base Compensation
£28,720 - £37,000 / year
£2,393 - £3,083 / mo Apply Now →
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Official Specifications

Role Overview & Mandate

Executive Summary

General information Job Title...

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General information

Job Title
Risk & QA Analyst
Ref #
8215
Location
Newcastle
Department
Claims Operational Excellence
Business Area
Operational Excellence
Working time
Full-Time
Date Published
25-01-2023

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

Risk & Quality Assurance Analyst

Permanent

Newcastle, Flexible working available

Salary Between £28,720.00 - £37,000.00

Excellent Benefits

What we’ll offer

This is an exciting opportunity as a Risk & Quality Assurance Analyst within the Claims Operational Excellence Team for Tesco Underwriting, a wholly owned subsidiary of Tesco Bank. Working as a Risk and Quality Assurance Analyst your role will be to support in developing and delivering, risk control and Quality Assurance activities within claims. This will include the opportunity to recommend changes to systems, technology, and processes across the Claims function to support continuous improvement of our control framework and assurance activity

The Role

  • Support the Risk and Quality Assurance Manager in planning Business Process Reviews and audit schedules
  • Develop and deliver Business Process Reviews within Claims systems/process or change activity
  • Undertake internal assurance reviews and claims supplier assurance reviews in a timely manner in accordance with the audit plan
  • Identify areas of good practice and areas for improvement; work with claims team leaders and management to develop and agree action plans
  • Ensure required standards of claims handling are being adhered to; with reference to regulatory guidelines and compliance frameworks
  • Support the Head of Operational Excellence in identification of ineffective controls and recommend solutions that are appropriate

What you will bring

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 at Tesco Bank.

  • Excellent communication skills; ability to effectively communicate at all levels within the business
  • Excellent planning skills; able to prioritise own work under pressure and meet deadlines
  • Able to exercise sound judgement and decision making
  • Able to adapt well to a continuous changing environment
  • Strong influence and persuasion skills
  • Able to analyse, interpret and evaluate data
  • Evidence of being able to probe and challenge constructively; adopting a collaborative, consultative approach
  • Able to demonstrate commercial awareness, including an awareness of business risk
  • Proven project management skills; evidence of having delivered process reviews/audits in a highly regulated environment
  • Solution focused with a proven track record of delivery
  • If you are working towards or gained a qualification in Risk or Audit this would be desirable, support will be given to individuals wanting to continue with gaining relevant qualifications
  • Previous Claims experience is desirable for this role


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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.
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Compensation Analytics

Estimated Take-Home Pay

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Projected statutory deductions based on standard single-filer baseline tax regulations in the United Kingdom corridor.

Gross Annual Package £28,720 - £37,000
Est. Income Tax Band 20% Basic Rate Band
Statutory Insurance / FICA 8% Class 1 National Insurance (NI)
Estimated Monthly Net £1,915 - £2,405 / mo
Regional Economics

Cost of Living (Newcastle upon Tyne, England)

Bureau Data
Est. Rent (1-Bed)
£1,100 - £1,750
Monthly Utilities
£140 - £210
Cost Index
112.5
Disposable Tier
Top 15% Rank
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Compliance Standards

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Verified Status: UK Work Eligibility
Corridor: UK Employment Corridor
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Direct Apply

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HR Screening

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Official Offer

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