The role will be:

(i) to manage to completion remaining deliverables for the Operational Resilience implementation project, and the Outsourcing risk management project

(ii) to oversee transition to BAU for these projects including identifying functional owners

(iii) to support internal audit in Q1 2023 as they perform an audit of outsourcing processes and procedures.

An extensive understanding of the regulatory requirements relating to outsourcing (both UK & Luxembourg) and operational resilience (UK only) is desirable for this role as well as excellent programme management and planning skills.

Responsibilities include:

Operational Resilience

• Engendering and embedding an operational resilience focused culture within the business by supporting knowledge sharing, training, capability and awareness
• Developing incident comms plans for relevant IBS (Important Business Services) and integrating them into existing BCP framework
• Continuing Scenario Stress testing and managing Lessons Learned/Remediation Actions
• Updating process maps & resource lists as and when needed

Outsourcing & Third Party Risk Management

• Embedding the newly developed Outsourcing & Third Party Risk Management framework into the business
• Establish a framework for ongoing management and developing Exit Plans for Material/Critical Outsourcing & Third Parties

Desired Skills & Experience

• London Market Insurance Industry experience and/or experience within one of the regulators
• Experience with outsourcing/procurement/management of third parties is desirable

Venquis is acting as an Employment Business in relation to this vacancy.