Third Risk Party Oversight Analyst

Zurich 56 Company Ltd; Farnborough; Hybrid; GBP 30,000 - 45,000; Part time

Job summary

Join a leading insurance provider as a Third Risk Party Oversight Analyst. This role offers flexible working arrangements and involves managing third-party relationships, supporting governance activities, and collaborating with various stakeholders to enhance risk management frameworks. Ideal for candidates eager to build their expertise in third-party risk management while enjoying a supportive and inclusive work environment.

Benefits

12% defined non-contributory pension scheme

Annual company bonus

Private medical insurance

25 days holiday plus bank holidays

Option to buy/sell holiday days

Three days paid volunteering

Up to 16 weeks' full pay for maternity leave

Access to virtual GP appointments

Discounted gym membership

Free flu jab

Qualifications

• Keen to expand knowledge of third-party relationships.
• Comfortable managing data sets and presenting to stakeholders.

Responsibilities

• Maintain third-party database and renewal plan.
• Support third-party risk management governance meetings.
• Prepare annual reviews for suppliers and exit strategies.

Skills

Communication

Data Management

Stakeholder Management

Job description

Press Tab to Move to Skip to Content Link

Select how often (in days) to receive an alert:

Third Risk Party Oversight Analyst

119833

Working hours: This role is available on a part-time, job-share or full-time basis.

Location: We’re flexible on where you are based, however, there will be frequent travel to Farnborough and London, and other UK offices when required

Closing date for applications: 8th June 2025

The opportunity:

We are seeking an enthusiastic individual to join the ZM Governance team supporting the Third-party Risk Management activities. ZM is growing its third-party landscape and with additional regulatory expectations surrounding business resilience and third-party management the Third-Party Risk Management framework needs to be robust and efficient. The role involves supporting oversight of the 90+ third party relationships held by ZM and facilitating the onboarding, renewing and offboarding of these relationships.

Zurich Municipal is a leading provider of insurance and risk management solutions for the public and voluntary sectors. Since 1993 we’ve insured charities, voluntary organisations, housing associations, and the education and public sectors, helping our customers better understand and reduce the risks they face. We provide insurance for organisations of all sizes across the UK, from insuring a large local authority to small community groups.

This role is integral to supporting ZM achieve their business strategy. As part of the Zurich Municipal Governance team stakeholder manager is key to what we do and the role requires daily interaction with Underwriting, Performance and Change, Zurich Municipal Market teams and our network of third-party relationships.

We offer flexible working arrangements, including part-time, flexible hours, job sharing, remote work, or compressed hours, as we aim to attract the best talent. Discuss your flexibility needs with us during the interview process.

What will you be doing?

• Responsible for maintaining the third-party database and renewal plan
• Supporting the third-party risk management governance meetings
• Support with the preparation of annual reviews for suppliers, IARs and third-party exit strategies
• Preparation of Conduct MI for delegated authorities
• Maintenance of third-party MI and dashboard
• Contribute to and support the design and build out of the end to end third party risk framework and delivery of the third part distribution strategy

What are we looking for?

We seek a candidate keen to expand their knowledge and understanding of third-party relationships and how to manage the risk they represent to a business. You should be open building your knowledge and awareness of interpreting, building, and embedding strategic control frameworks. You should be comfortable with managing data sets and presenting data to varying stakeholders. Ability to work independently in a dynamic environment and prioritise workload to meet deadlines. Good written and verbal communication skills are essential.

You will need to build strong relationships with stakeholders within Zurich Municipal and across the UK, collaborating effectively with 1LoD and 2LoD colleagues.

As an inclusive employer, we aim to ensure all candidates feel comfortable and can perform at their best during the interview. Please inform us of any reasonable adjustments or practical support you may need when applying.

What will you get in return?

Everyone’s different. That’s why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet.

With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.

We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.

If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. Be part of something great.

Our Culture:

At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.

We’ve an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities.

We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity.Our charitable arm,Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.

The financials

• 12% defined non-contributory pension scheme.
• Annual company bonus.
• Income Protection.
• Life cover - four times your salary.

Time away

• 25 days holiday a year plus bank holidays.
• You can also request to swap UK bank holidays for days off that have cultural or religious significance to you.
• The option to buy up to an additional 20 days or sell some of your holiday.
• Three days paid volunteering.
• Up to 16 weeks' full pay for maternity, paternity and adoption leave.

Your health is important to us

• Access to Private medical insurance.
• Virtual GP appointments.
• Discounted gym membership.
• Free flu jab.
• Access to a wealth of support from our wellbeing partners.

We're making a difference

• Creating a brighter, more sustainable future underpins all that we do here in Zurich. We were the first insurer to sign the ‘UN Business Ambition for 1.5˚C’ pledge.
• Our charitable arm, Zurich Community Trust, has awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.