Commercial Manager

End Date

Thursday 24 April 2025

Salary Range

£65,385 - £72,650

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Flexibility in when hours are worked

Job Description Summary

based in Watford

Job Description

• JOB TITLE: Commercial Manager
• SALARY: £65,385 - £72,560
• LOCATION(S): Watford
• HOURS: Full-time
• WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at our Watford office.

About This Opportunity

The Commercial Team is responsible for the delivery of strategic growth projects, new products and the continuous development of insight, reporting, and forecasting. It also has operational responsibility for the end-to-end profitability of vehicles during the lifetime of the contract. The team works closely with all aspects of the business to deliver long-term profitable growth. We are passionate about developing insights and using them to deliver rapid, sustainable commercial advantage.

This role is integral to the management and reporting of Tusker services, including insurance, repairs and maintenance. This role will work across the business and with external partners to drive understanding, efficiency and control.

The role is high profile with exposure to the Managing Director and Senior Leadership Team.

What You’ll Need

• Experience / exposure to car insurance and vehicle leasing is desirable
• Proactive and curious; able to work independently and raise issues early
• Strong technical ability and problem-solving skills
• An excellent communicator and relationship-builder; confident interacting with internal partners and external suppliers
• Able to consider the ‘big picture’ / broader impacts to business
• Strong organisational skills, able to deliver on deadlines and balance workload

And Any Experience Of These Would Be Really Useful

• Experience of working with Insurers and Insurance Brokers to review factors influencing scheme performance
• Experience of performing regular and ad hoc analysis of performance, highlighting areas of opportunity and risk
• Preparing, analysing and reporting monthly commercial & financial information, i.e., investigation of variances against budget and forecast
• Business partner for internal and external customers
• Review tools to review and track performance and recommend improvements including systemic solutions to support a growing portfolio

About Working For Us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.

We want our people to feel that they belong and can be their best, regardless of background, identity or culture.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.

And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

We Also Offer a Wide-ranging Benefits Package, Which Includes

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days’ holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

Ready to start growing with purpose?

Apply today.
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.