Third Party Risk Manager

Job Description Third-Party Risk Manager - Global Lloyd's Market InsurerLocation: London (Hybrid - 3 days office)Salary: 90,000 - 115,000 + bonus + benefits We are working on behalf of a global Lloyd's of London market insurer seeking an experienced Third-Party Risk Manager to join their London team. This is an excellent opportunity to play a key role in the development and implementation of a global Third-Party Risk Management (TPRM) framework, as the business delivers a major transformation to strengthen its oversight of critical suppliers, outsourcing arrangements and associated regulatory obligations across multiple jurisdictions. Reporting into the Global Head of Third-Party Risk Management, you will work closely with colleagues across Procurement, Risk, Compliance, Legal, Information Security, and Technology to embed consistent, risk-based standards, frameworks, and systems across the organisation.Key ResponsibilitiesSupport the design and implementation of global third-party risk policies, frameworks and governance aligned to regulatory requirements including PRA SS2/21, DORA, GDPR and CSDDD.Contribute to the rollout of a new global TPRM technology platform, ensuring requirements are captured, tested, and successfully embedded across regions.Collaborate with global and regional stakeholders to operationalise the new Target Operating Model (TOM) for third-party risk management.Partner with external service providers delivering TPRM operations to ensure alignment with group standards.Track emerging regulatory and operational risks, support ongoing monitoring, and deliver regular reporting to senior management and committees.Act as a subject matter expert and key point of contact for third-party risk across the business.Experience RequiredProven experience in Third-Party Risk Management, Outsourcing Risk, Operational Risk, or Supplier Governance within a regulated financial services or insurance environment.Strong understanding of regulatory requirements such as PRA SS2/21, DORA, GDPR and related outsourcing standards.Experience supporting the implementation of TPRM frameworks, governance structures or technology platforms (e.g. ProcessUnity, Archer, Coupa, MetricStream).Excellent stakeholder management skills, with the ability to engage across global functions and drive change initiatives.Prior experience within the insurance or Lloyd's market is strongly preferred.Why ApplyThis is a genuinely strategic role within a high-performing global insurer that is investing heavily in its third-party risk capability. You'll join at an exciting stage of transformation, with the opportunity to shape and embed new frameworks that will define best practice across the organisation globally.

Created: 2025-12-13