Munich Re Careers
Operational Resilience & Vendor Management Specialist
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Operational Resilience & Vendor Management Specialist – Manchester
At Munich Re Specialty – Global Markets (MRS-GM), we aim to become the leading Primary Specialty Insurance provider, driven by a robust strategy, superior products, and a culture where employees are empowered to be present, bold and curious to achieve personal and collective goals.
About the Role
We are seeking an Operational Resilience & Vendor Management Specialist to join our team in our Manchester office with full-time, hybrid working (2-3 days per week). This role will involve overseeing, managing, and evolving Operational Resilience and Third-Party Vendor Management, deputising for the Operational Resilience Manager and Third Party Vendor Manager across vital first-line defence topics, including:
- Business continuity management
- Operational resilience
- Third-party vendor management
- Outsourcing oversight
- Emergency management
The Specialist will ensure effective operational delivery, regulatory compliance, and third-party due diligence while championing continuous improvement in these areas.
Key focus areas include:
- Operational resilience & third-party vendor management reporting
- Regulatory compliance
- Incident reporting, policy reviews, and regulatory awareness
- Horizon scanning for emerging regulatory trends
Responsibilities
Operational & Vendor Management Oversight
- Draft incident summaries, root cause analyses, lessons learned, and remediation plans
- Track actions, vulnerabilities, and escalations for governance forums
- Lead Business Continuity Planning (BCP) aligned with Operational Resilience frameworks
- Conduct impact analyses and identify critical business services
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Incident & Risk Management
- Develope and maintain the incident reporting process in compliance with PRA/FCA regulations (PRA SS1/26)
- Assess operational resilience impacts, tolerances, and time-critical activities
- Evaluate third-party resilience by assessing vendors’ capabilities and embedding contractual obligations
Governance & Policy Development
- Manage SLA performance, KPIs, and vendor compliance monitoring
- Handle onboarding, lifecycle management, and contract reviews for third-party vendors
- Maintain inventory systems for third-party arrangements
- Support regulatory assessments and submission preparation
- Annual reviews and updates to plans
Documentation & Regulatory Compliance
- Draft, review, and maintain policies, frameworks, and procedures, including:
- Operational Resilience Policy
- Business Continuity Plan
- Wind Down Plans
- Third-Party Risk Policies
- Ensure alignment with Munich Re frameworks and regulatory requirements (FCA, PRA, Lloyd’s)
Stakeholder Engagement
- Collaborate with internal/external stakeholders on regulatory matters
- Monitor regulatory developments (FCA, PRA, Lloyd’s) and conduct impact assessments
- Present findings and recommendations to senior management and boards
Requirements & Qualifications
Essential Skills & Experience
- Proven expertise in Operational Resilience or Third-Party Vendor/Risk Management in a regulated environment
- Strong understanding of regulatory frameworks for Operational Resilience, Outsourcing, Vendor Management, and Business Continuity (Lloyd’s, FCA, PRA)
- Preference for experience in the insurance industry with familiarity with regulatory standards
- Exceptional report writing skills, including reports, policies, and presentations for senior reviews
- Ability to question, challenge, and support the business collaboratively
- Experience driving pragmatic solutions and building inclusive relationships in a multifunctional international environment
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Preferred Qualifications
- Relevant qualifications or certifications in governance/strategic risk assessments will be viewed positively
Company Culture
We emphasise cultural values—encouraging employees to:
- Be Present – Engage fully in professional and personal growth.
- Be Bold – Take strategic risks and embrace ambition.
- Be Curious – Foster innovation through ongoing learning.
Benefits
- 25 days annual leave + bank holidays
- 10% non-contributory pension
- Annual bonus eligibility
- Comprehensive private medical + dental insurance
- Life assurance, critical illness, and permanent health insurance
- Wellbeing support + EAP (Employee Assistance Programme)
- Study & CPD (Continuing Professional Development) support
- Electric vehicle salary sacrifice scheme
- Hybrid working model with IT home-setup assistance
Diversity, Equity & Inclusion
At Munich Re, we celebrate diversity as a core strength. Whether you are from a racial, ethnic, gender, or any other background, we welcome all applicants who meet our equity and inclusion values.
If you require reasonable adjustments during recruitment, please contact Talent Acquisition to discuss your needs.
Learn more about sustainability, ESG, and volunteering opportunities at Munich Re. #BePresent #BeBold #BeCurious
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills