Third Party Risk Management Specialist
1 month ago
Job Information
CSAA Insurance Group (CSAA IG) is a leading personal lines' property and casualty insurance group in the U.S. We are committed to helping our customers prevent, prepare for, and recover from life's uncertainties. As a Third Party Risk Management Specialist, you will play a critical role in assessing and mitigating risks associated with our suppliers.
Your Role:
As a Third Party Risk Management Specialist, you will be responsible for evaluating the risk introduced by our suppliers and the effectiveness of their controls to mitigate that risk. You will perform comprehensive risk assessments, conduct due diligence on suppliers, and develop risk mitigation strategies to minimize our exposure to third-party risks.
Your Responsibilities:
- Conduct risk assessments of third-party relationships to identify and evaluate potential risks.
- Perform due diligence on suppliers to ensure they meet our standards and regulatory requirements.
- Develop and implement risk mitigation strategies and controls to minimize our exposure to third-party risks.
- Collaborate with Legal and Procurement teams to ensure appropriate risk mitigation provisions are included in contracts.
- Prepare and present reports on third-party risk management activities to senior management and stakeholders.
- Stay updated on relevant laws, regulations, and industry best practices related to third-party risk management.
Requirements:
- 3+ years' experience in Third Party Risk Management or a related function.
- Bachelor's degree or equivalent in a related area.
- Self-directed and able to work independently, as well as within a team.
- Strong communication and relationship-building skills.
- Organizational skills to manage a high volume of simultaneous assessments.
What We Offer:
- Total compensation package.
- Performance bonus.
- 401(k) with a company match.
About CSAA IG:
We are a company committed to protecting our customers, employees, communities, and the world at large. We are on a climate journey to continue to do better for our people, business, and planet. Join us if you believe in a mission focused on building a community of service, rooted in inclusion and belonging.
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