Employer: QBE Management Services (UK) Limited Salary: Date Added: 20/11/2023
Primary Details
Time Type: Full time Worker Type: Employee
Group Third Party Risk Lead – 12- month FTC
London/Hybrid
Who we are:
At QBE, our purpose is to enable a more resilient future. We’re an international insurer and reinsurer with a local presence in 27 countries. Leveraging our deep expertise and insights, QBE offers commercial, personal and specialty products and risk management solutions to help people and businesses manage risks, build strength, and embrace change to their advantage.
The Opportunity:
As part of a newly formed Group function in order to manage the design, implementation and operation of an effective Global 3rd Party risk management capability, covering both pre and post contract management activities.
Your responsibilities for this role may include, but are not limited to:
Design, build, implement and maintain a structured Third-Party governance framework, including controls, monitoring, reporting and escalation mechanisms across the end-to-end Third-Party Lifecycle;
Provide effective oversight of Third-Party risk in accordance with internal policy and relevant legal and regulatory requirements;
In collaboration with Risk Subject Matter Experts, create and maintain a library of tools, templates and other relevant materials allowing stakeholders to assess and manage 3rd party risk in line with QBE Third Party Risk Appetite;
Communicate and train stakeholders across all QBE Divisions to ensure Third Party Risk Management requirements are understood and adopted;
Lead assessment exercises of Third-Party risk at a macro level; oversee the development of mitigation plans and partner with internal stakeholders to assign monitoring responsibility;
Submit regular stakeholder reporting to provide assurance that Third Party risk controls are in place and operating effectively; where issues are identified ensure remedial plans are in place and delivered;
Partner with teams across the wider business functions to help ensure that all risk assessment and mitigation requirements have been met; risk is monitored & mitigated throughout the Third Party lifecycle
You will need to be able to display you have the following qualifications and experience:
Excellent communication skills with the ability to communicate at all levels
Stakeholder Management and ability to interact at all levels of the organisation
Excellent organizational skills, ideally with Project Management experience
Ability to learn quickly and adapt in a complex environment
Ability to work in team as well as independently whilst resolving issues under time constraint
Report writing and using Microsoft Office tools (e.g. Excel, PowerPoint, Word)
Preferred Experience
In-depth understanding of 3rd Party Risk and Control frameworks
Good understanding of 3rd Party Risk management & reporting
Solid understanding of highly regulated, third party dependent industry, such as Financial Services or Pharmaceutical
Why QBE?
We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA – because we know it’s not just what we do that matters, it’s how we do it that makes the difference. In addition to this, we also offer flexible parental leave for both parents and have several employee network groups that support and empower our diverse workforce.
At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today’s workforce. QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation(https://careers/flex-qbe/).
Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include;
5-star Diversity, Equity and inclusion (DEI) awards, 2023 Winner – Insurance Business Canada
Employer of the Year 2022Winner – Insurance Insider
British Claims Awards 2022 Winner – InsurTech Award
Insurance Times Claims Excellence Awards 2022 Winner – Claims Product Solution of the Year
Working Families Best Practice Awards 2021 Finalist for:Best COVID-19 Response?
Insurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care, Diversity & Inclusion Initiative of the Year 2022, Specialist Insurer of the Year (for Construction), General Insurer of the Year
We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparent
Inclusion of Diversity
We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we <
