Jobs · North Carolina

Third Party Risk Management Lead, North America Insurance Operations

Sompo · Charlotte, NC · Yesterday
Hybrid$130k–$195k/yrFull-time

About the role

The Third Party Risk Management Lead will play a key role in implementing the Global TPRM Framework locally, coordinating with Central Global TPRM, and partnering with regional business, compliance, risk, legal, procurement, finance, and operational stakeholders to ensure third-party engagements are managed effectively and in accordance with internal requirements and applicable regulations. This position can be based out of our Morristown, NJ or Charlotte, NC office locations.

Responsibilities

  • Implement and support the Global Third Party Risk Management (TPRM) framework across North America, ensuring alignment with enterprise policies, standards, tools, and reporting requirements.
  • Oversee third-party governance activities across the full lifecycle, including onboarding, due diligence, ongoing reviews, renewals, and terminations.
  • Monitor regional third-party compliance with internal policies, governance standards, and applicable regulatory requirements, escalating operational, compliance, contractual, or vendor risks as needed.
  • Maintain governance trackers, dashboards, and reporting to provide visibility into the regional third-party portfolio, risk status, compliance obligations, and key milestones.
  • Partner with business owners, contract owners, and cross-functional teams including Legal, Compliance, Risk, Finance, Procurement, IT, and Operations to ensure timely documentation, performance monitoring, and issue resolution.
  • Identify process improvement opportunities, strengthen controls and documentation, and support training, audit, regulatory, and stakeholder communication activities related to third-party oversight.

Qualifications

  • 10+ years of experience in contract administration, vendor management, procurement operations, third-party governance, or related roles.
  • Experience in insurance, financial services, or another regulated industry preferred.
  • Strong knowledge of contract lifecycle administration, vendor governance, and tracking of SLAs, renewals, contractual obligations, and governance deliverables.
  • Demonstrated ability to manage multiple agreements, deadlines, and stakeholder groups in a fast-paced environment with strong organization and attention to detail.
  • Excellent communication, analytical, and problem-solving skills, with the ability to work cross-functionally, build partnerships, and recommend process improvements.
  • Bachelor's degree or equivalent experience preferred; proficiency in Microsoft Office and experience with contract lifecycle, procurement, or workflow tools preferred, with ongoing professional development considered a plus.

Pay

Salary Range: $130,000 – $195,000. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

Benefits

  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
  • Pharmacy benefits with mail order options
  • Dental benefits including orthodontia benefits for adults and children
  • Vision benefits
  • Health Care & Dependent Care Flexible Spending Accounts
  • Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
  • Company-paid Disability benefits with very competitive salary continuation payments
  • 401(k) Retirement Savings Plan with competitive employer contributions
  • Competitive paid-time-off programs, including company-paid holidays
  • Competitive Parental Leave Benefits & Adoption Assistance program
  • Employee Assistance Program
  • Tax-Free Commuter Benefit
  • Tuition Reimbursement & Professional Qualification benefits

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