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Insight Select

Third Party Risk Manager

London
£92 – £107/hr
Posted about 17 hours ago
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Third Party Risk Manager

Contract: 6 – 12 Months
Day Rate: £650 - £750 per day (umbrella)
Location: London, Hybrid

I am currently seeking an experienced Third-Party Risk Manager for a leading organisation within the insurance sector on an initial 6–12 month contract.

This is an excellent opportunity for a third-party risk specialist to take ownership of the risk management framework, strengthen governance and oversight, and support regulatory compliance across UK-regulated insurance entities.

Key Responsibilities

  • Own and continuously improve the third-party risk management framework, policies and controls
  • Oversee the full third-party lifecycle, including due diligence, onboarding, ongoing monitoring, renewals and exits
  • Establish and lead third-party risk governance forums, providing clear reporting and escalation to senior leadership
  • Maintain accurate third-party registers and coordinate regulatory reporting requirements
  • Assess and challenge risks relating to outsourcing, operational resilience, cyber security, data protection and subcontracting
  • Monitor material supplier arrangements, concentration risks, control gaps and remediation activity
  • Collaborate with Risk, Compliance, Legal, Procurement, Information Security and business stakeholders
  • Support regulatory engagement, audit reviews and continuous improvement of the control environment

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Strong

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Key Requirements

  • Significant experience in third-party risk management, outsourcing risk, operational risk or supplier assurance
  • Experience within insurance or financial services
  • Strong working knowledge of PRA SS2/21, FCA SYSC outsourcing requirements and operational resilience expectations
  • Proven experience managing third-party risk frameworks, governance processes and enterprise risk registers
  • Excellent stakeholder management, analytical and report-writing skills, with experience presenting to senior committees
  • The ability to provide constructive challenge and drive remediation across multiple business functions

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Package

  • 6 – 12-month contract
  • London
  • Hybrid working – 3 days in the office, 2 days from home
  • £650 - £750 per day (umbrella)
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Location

London, England, United Kingdom

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