At a Glance
- Tasks: Manage vendor relationships and ensure compliance with regulatory standards.
- Company: Join a globally respected specialty insurer in a pivotal growth phase.
- Benefits: Hybrid working, competitive salary, and genuine progression opportunities.
- Other info: Work on meaningful vendor relationships in a dynamic, evolving environment.
- Why this job: Make a real impact in a collaborative team while shaping vendor management strategies.
- Qualifications: Experience in Third Party Vendor Management within regulated financial services.
The predicted salary is between 50000 - 60000 £ per year.
A Specialist Role at the Heart of a Global Insurance Powerhouse. This is an opportunity to join one of the most respected and financially formidable names in the global insurance and reinsurance industry. Their London Market operation sits firmly within the Lloyd's and specialty insurance space, and the Manchester function is a growing, high-profile part of that story.
With new regulatory frameworks on the horizon and a business expanding at pace across Europe and APAC, Third Party Vendor Management has never carried more strategic importance. This is a role where your expertise will matter, your work will be visible, and the timing of your arrival could not be better.
The Role: We are looking for an experienced Third Party Vendor Management Specialist to join a small, expert Operations Management team in Manchester. Working alongside a senior Third Party Vendor Manager, this is a specialist hire, not a junior support role, and not a managerial position. We need someone who can come in, take ownership and operate independently from day one.
The role sits within the 1st Line of Defence and covers the full lifecycle of third party and outsourcing oversight for a regulated Lloyd's market insurer. With incoming regulation expected in early 2027 and an evolving supplier landscape, there is real scope to shape and strengthen the function as it grows.
What You'll Be Doing:
- Managing the full lifecycle of vendor relationships from onboarding and due diligence through to ongoing monitoring, contract reviews and offboarding.
- Monitoring SLA performance and KPIs across all important third party arrangements, escalating issues and driving remediation where required.
- Maintaining and updating the third-party arrangement inventory and associated systems.
- Conducting third-party resilience assessments, ensuring vendors meet contractual resilience obligations and evidencing compliance.
- Supporting contract assessment and remediation activity, including identifying gaps against regulatory expectations.
What We're Looking For:
- Demonstrable experience in Third Party Vendor Management and/or Outsourcing Risk within a regulated financial services or insurance environment.
- Strong working knowledge of FCA, PRA as they relate to third-party and outsourcing oversight.
- Excellent documentation and policy writing skills, the ability to produce clear, precise and well-structured policies, procedures and governance papers for senior and board-level audiences.
Why This Role: Join a globally respected specialty insurer at a pivotal moment in its growth journey. A small, collaborative team where your contribution is visible and valued. Genuine scope for progression as the function grows, with new regulations driving increased demand on the team. Hybrid working, 2 days per week in a modern Manchester office. Work on meaningful, complex vendor relationships within a Lloyd's-regulated environment where the stakes are real.
Vendor Management Lead in Exeter employer: DVF Recruitment
Join a globally respected specialty insurer in Manchester, where your expertise in Third Party Vendor Management will be pivotal to our growth journey. Enjoy a collaborative work culture that values your contributions, alongside genuine opportunities for career progression as we navigate new regulatory landscapes. With hybrid working arrangements and the chance to manage meaningful vendor relationships in a dynamic environment, this role offers a rewarding and impactful career path.
StudySmarter Expert Advice🤫
We think this is how you could land Vendor Management Lead in Exeter
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its vendor management practices. Show them you understand their challenges and how you can help tackle them. Tailor your answers to highlight your relevant experience!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to refine your responses. The more comfortable you are talking about your skills and experiences, the better you'll perform when it counts.
✨Tip Number 4
Don't forget to apply through our website! We want to see your application and get to know you better. Plus, it shows you're genuinely interested in joining our team at StudySmarter.
We think you need these skills to ace Vendor Management Lead in Exeter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Vendor Management Lead. Highlight your experience in Third Party Vendor Management and any relevant regulatory knowledge. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Share specific examples of your past successes in vendor management and how they relate to the responsibilities outlined in the job description.
Showcase Your Documentation Skills:Since excellent documentation and policy writing skills are key for this role, consider including samples or mentioning specific projects where you’ve created clear and structured policies. We love seeing your ability to communicate effectively!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at DVF Recruitment
✨Know Your Vendor Management Stuff
Make sure you brush up on your knowledge of third-party vendor management and outsourcing risk, especially within the financial services or insurance sectors. Be ready to discuss specific examples from your past experience that demonstrate your expertise in managing vendor relationships and compliance with regulations like FCA and PRA.
✨Showcase Your Documentation Skills
Since excellent documentation and policy writing skills are crucial for this role, prepare to share samples of your work or describe how you've created clear and structured policies in previous positions. This will show that you can communicate effectively with senior stakeholders.
✨Understand the Regulatory Landscape
Familiarise yourself with the upcoming regulatory changes expected in 2027. Being able to discuss how these changes might impact vendor management will demonstrate your proactive approach and strategic thinking, which is exactly what they’re looking for.
✨Be Ready to Discuss KPIs and SLAs
Prepare to talk about how you've monitored SLA performance and KPIs in your previous roles. Think of specific instances where you identified issues and drove remediation efforts. This will highlight your ability to take ownership and operate independently, which is key for this position.
