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RenaissanceRe

Third-Party Risk Management Analyst

Job Posted 19 Days Ago Posted 19 Days Ago
Be an Early Applicant
London, Greater London, England
Junior
London, Greater London, England
Junior
The Third-Party Risk Management Analyst supports Vendor Management by onboarding vendors, assessing risks, analyzing contracts, and reporting trends to management.
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RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

About the Position

Reporting to the VP, Senior Compliance Manager, the Third-Party Risk Management Analyst will provide support to the Vendor Management Team and interact with all areas of the business. They will learn different aspects of the operations of a Global reinsurance company and interact with Senior Management and gain exposure to a wide-range of teams.

Key Responsibilities

  • To facilitate and support the on-boarding process for new Vendors and the renewal process for existing Vendors.

  • To support the process for determining the risks associated with Vendors and help the business assess and manage those risks.

  • To perform high-level analysis of Vendor contracts and summarise this to the Vendor Legal team.

  • To manage the quality of the data within our dedicated system for Vendor management and work with the Finance function to enable the free-flow of information across our systems.

  • To perform screening of our Vendors and identify and escalate any issues as they may arise.

  • To provide reporting to Management on Vendors and contracts and identify key trends and themes.

  

Candidate Qualifications:

  • Experience working in a Procurement, Vendor Management or Third-Party Risk Management team.

  • Knowledge of commercial contracts.

  • Lateral thinker and someone who can help identify future areas of progression,

  • Strong computer skills.

We believe that meeting these requirements will position you for success in the role. However, if you fulfill most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn.

At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout our business. We have a zero-tolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenRe’s policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/ civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.


Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.
We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.

Top Skills

Data Analysis Tools
Vendor Management Systems

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