Senior Product & Governance Manager

About this role

About the role

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

Salary - up to £90,000 (DOE) + annual bonus & benefits

Work Level - 2, Permanent

Location – Edinburgh

Office Attendance – Our hybrid working model gives you the best of both worlds - flexibility to work from home and valuable face-to-face time with colleagues. This role typically requires 2 days per week onsite.

Closing Date - Applications close on 20th November 2026 at 5pm

Why this role?

At Tesco Insurance & Money Services, we offer our customers an in-house credit facility (loan), Premium Finance, which allows them to spread the cost of their Motor and Home Insurance. As Senior Product & Governance Manager you’ll lead our insurance lending product, managing around £0.5 billion of loans, and ensure these products continue to meet customers’ needs, credit risk is well managed and fully comply with all regulatory standards.

You’ll lead our lending strategy, collections and recoveries strategy, customer experience improvements, and governance processes. You’ll work closely with cross functional teams to ensure alignment with business priorities, customer needs, and UK regulatory requirements.

What you’ll be doing

• Define and deliver long term strategy for Premium Finance. Accountable for the end-to-end product lifecycle, from ideation to working collaboratively with delivery teams to launch, ensuring timely and successful delivery.
• Define and oversee delivery of supporting credit policies including affordability, collections and recoveries strategies. This includes product pricing, ensuring we balance commercial and customer outcomes to ensure we continue to be a responsible lender.
• Ensure Premium Finance complies with legal and regulatory requirements and with our internal Credit Risk policies.
• Ensure Premium Finance continues to deliver good outcomes for customers including fair value, by establishing ongoing monitoring, review o...