A leading insurance company are currently seeking a Third Party and Supplier Risk Manager to enhance and mature the account supplier management for Third Party Suppliers. This role offers an exciting and challenging environment where achievement is rewarded. The successful candidate will be responsible for ensuring optimal contractual delivery, advocating for the service across both internal and external delivery, and holding all parties to account.
What you'll do:
As a Third Party and Supplier Risk Manager, you will play a crucial role in enhancing and maturing the account supplier management for Third Party Suppliers. You will ensure optimal contractual delivery while advocating for the service across both internal and external delivery. Your responsibilities will include designing and implementing best practice supplier management practices, working closely with internal stakeholders to understand services and business strategy, supporting procurement by participating in sourcing exercises, owning the supplier segmentation process, ensuring a robust contract management programme, overseeing the development of exit plans and business continuity plans, acting as point of contact for potential operational level formal escalations.
- Design and implement best practice supplier management practices
- Work across key internal stakeholders to understand the services and business strategy
- Ensure alignment between the business objectives and the contract obligations
- Support Procurement by participating in sourcing exercises
- Own the Supplier segmentation process
- Ensure Aspen has a robust contract management programme
- Oversee the development of Exit Plans and Business Continuity Plans
- Act as point of contact for potential operational level formal escalations
What you bring:
The ideal candidate for this Third Party and Supplier Risk Manager position will bring a wealth of experience in technology procurement/vendor management. You should have at least 5 years of relevant experience, specifically with Global IT suppliers. Your strong negotiation, influencing, analytical skills will be key in this role. Excellent communication skills - both written and oral - are essential. You should have the ability to work creatively and analytically in a problem-solving environment, demonstrating teamwork, innovation, and excellence. An understanding of interdependencies between technology, operations, and business needs is also required.
- Degree or equivalent qualification within personal discipline
- At least 5 years of relevant Third Party or Supplier Risk Management experience, specifically with Global IT suppliers
- Experience of working with ITO's and transitioning of services to a Third Party
- Preferred to have had Insurance experience, specifically with the Lloyd's market
- Strong negotiation, influencing, analytical skills
- Excellent communication skills - both written and oral
- Ability to work creatively and analytically in a problem-solving environment
- Understanding of interdependencies between technology, operations, and business needs
What sets this company apart:
Our client is not just any insurance company. It has grown to become a leading, diversified specialty insurance and reinsurance company. They are known for their thoughtful and creative approach to finding the best outcomes for their clients and business partners through carefully tailored solutions. The way they work is just as important as the work they do, guided by core values of respect, honesty, trust, and professionalism. This is a great place to develop your career, offering an exciting and challenging environment where achievement is rewarded.
Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates