Third Party Risk Analyst

4777815
  • Job type

    Permanent
  • Location

    London
  • Working Pattern

    Flexible Working,Full-time
  • Specialism

    Procurement
  • Industry

    Insurance
  • Pay

    Up to £38,000

Third Party Risk Analyst - London

Third Party Risk Analyst
£36,000 - £38,000
London City (2 days per week in the office)

Your New Company

You will be joining a global reinsurer that supports insurers across multiple regions, including Europe, Asia‑Pacific, North America and various offshore markets. The organisation provides protection, savings and retirement‑focused reinsurance solutions, combining deep actuarial expertise with a commitment to innovation and high‑quality risk management. The culture is collaborative, forward‑thinking and strongly rooted in improving how the insurance industry understands and transfers risk.

Your New Role

As a Third Party Risk Analyst, you will become part of the global procurement and risk function, supporting the enhancement of the organisation’s third‑party risk framework. The role centres on the migration, validation and ongoing maintenance of the company’s third‑party inventory within a new enterprise risk system. This includes engaging with internal stakeholders to confirm data accuracy, assessing risk levels, reviewing supporting documentation and ensuring all records align with updated methodologies. Alongside this, you will provide day‑to‑day support to the Third Party Risk Manager, assisting with assessments, due diligence, remediation tracking and the coordination of cross‑functional activity with teams such as Legal, Information Security, Data Privacy, Business Continuity and Sourcing. The role offers significant exposure to international risk‑management practices and the chance to develop specialist skills in a globally governed environment.

What You’ll Need to Succeed

You will bring early‑career experience in risk management, procurement, business analysis, contract management, change management or a related field. A strong analytical mindset, accuracy in handling data, clear communication and developing stakeholder skills will be essential. A foundational understanding of third‑party risk and procurement processes, along with confidence in reviewing documentation and maintaining structured records, will help you excel. Experience within financial services or within a procurement or risk‑management function would be advantageous, as would progress toward relevant professional accreditations.

What You’ll Get in Return

You will join a globally recognised organisation with a strong reputation for technical capability and innovation. This role provides the opportunity to work closely with international teams, gain hands‑on experience with enterprise‑level risk frameworks and develop professionally within a function that plays a central role in the company’s governance. You can expect a supportive culture focused on continuous improvement, collaboration and long‑term career development.

What you need to do now

If you're interested in this role, please contact me directly via email at Sake.bennett@hays.com or call us now.
Please only apply if you have checked the boxes above to a high degree.

Apply for this job

Talk to Sake Bennett, the specialist consultant managing this position

Located in London-City, 5th Floor, 107 Cheapside, Telephone 02034650015
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