At a Glance
- Tasks: Manage third-party relationships and ensure compliance while supporting risk management.
- Company: Join Homeprotect, a tech-driven insurance company making a difference.
- Benefits: Enjoy flexible working, health perks, and professional development opportunities.
- Other info: Be part of a diverse team committed to community and personal growth.
- Why this job: Make a real impact in a supportive team focused on innovation and customer care.
- Qualifications: Experience in risk management and strong communication skills are essential.
The predicted salary is between 37800 - 46200 £ per year.
We founded Homeprotect on a simple principle - to provide protection to people underserved by the home insurance industry. Since 2002, we've been combining smart technology with real human expertise to protect hundreds of thousands of unique homes across the UK, and we're just getting started.
If you're someone who loves solving interesting problems, taking ownership and working with a team that aims high, speaks up and lifts each other, Homeprotect is a place where you can do meaningful work, grow your career and make a real difference for our customers. Our customers come from all walks of life and so do our people. We're a small but perfectly formed team of insurance specialists, technologists, data scientists and customer champions - all bringing individual expertise, an appetite for innovation and a shared ambition to protect the homes and things people love.
We work at pace, but we trust our people to work in a way that brings out their best. You'll collaborate closely across teams, have real ownership from day one and see the impact you have first‑hand with flexible working to help you balance the needs of your role with the rhythm of your life. We've been recognised as a Great Place to Work UK for seven consecutive years – most recently ranked 29th nationally, jumping 71 places in a single year.
ROLE PURPOSE
Sitting within the Operational Assurance team, you’ll work day-to-day with business owners across Homeprotect to keep their third‑party relationships documented, compliant and well understood. You’ll also help them meet their responsibilities under the framework through practical guidance and training.
Key Responsibilities
- Risk & Governance: Support the ongoing operation of Homeprotect's TPRM framework, carrying out agreed due diligence, onboarding, monitoring and reporting activity. Responsible for keeping all third‑party/supplier information within Homeprotect's TPRM systems and registers accurate, complete and up to date at all times. Identify opportunities for process or system enhancements that improve TPRM data quality and maturity and support their implementation. Identify, log and track risks/issues arising within a supplier's contractual relationship. Agree remediation actions, owners and timeframes with relevant stakeholders, and track these to closure.
- Contract Management: Support supplier due diligence at onboarding, renewal and RFI/RFP stages, coordinating required documentation and risk provisions (e.g. warranties, indemnities) ahead of go‑live. Manage the contracts database and provide day‑to‑day procurement support.
- Reporting: Produce data extracts and management reporting for submission to the relevant TPRM governance forum/working group and the Head of Supply Chain, to support ongoing compliance monitoring. Track and report supplier compliance against defined policies, frameworks and controls, flagging gaps or non‑compliance promptly. Support the development and delivery of TPRM training materials, workshops and sessions across relevant teams. Build and maintain effective working relationships with internal stakeholders, including senior leadership, acting as a day‑to‑day point of contact for TPRM queries.
KNOWLEDGE, SKILLS & EXPERIENCE
- Experience in third party risk management, incident or problem management, risk, compliance, or a related area.
- A working understanding of third party risk management and how controls work.
- Strong attention to detail, and good, organised record keeping.
- Confident working with data to produce accurate, clear reporting.
- Clear written and spoken communication, with the confidence to ask questions and challenge constructively.
- Able to build good working relationships and juggle several priorities.
Desirable
- Experience in insurance, financial services, or another regulated industry.
- Knowledge of regulatory expectations relating to outsourcing and third‑party risk within regulated financial services.
Benefits
- Learning and Growth: We invest in your development through structured learning, mentoring, buddying, on‑the‑job experience and cross‑functional projects. We support role‑relevant professional qualifications where they'll make the biggest difference, and our Lunch and Learn sessions to help you stay connected to what’s going on right across the business.
- Health and Wellbeing: Your wellbeing matters here. We offer private healthcare through BUPA, an Employee Assistance Programme covering legal, financial and counselling support for you, a Wellbeing Centre with online tools and resources, regular wellbeing seminars and workshops, annual flu jabs and an annual eye care voucher.
- Financial Security and Reward: We offer an annual discretionary bonus scheme up to 30% of your base pay, life insurance at four times your salary, and a pension with Aegon. You'll also receive a significant discount on Homeprotect home insurance – with a friends and family discount too, and a staff referral bonus when someone you recommend joins the team.
- Time Off: 25 days' annual leave plus bank holidays, with the option to buy or sell up to five additional days each year.
- Genuine Flexible Working: We trust our people to work in a way that best suits them – with flexible working to balance the needs of your role with the rhythm of your life. We ask that everyone comes into the office at least once a week, as we believe in‑person connection is important for collaboration, culture and building great relationships. You'll receive a homeworking starter kit from day one and can claim towards additional home office equipment within your first six months.
- Purpose and Community: We care about more than just the work. Through our charity partnership with Refuge, the UK's largest specialist domestic abuse charity and regular social, wellbeing and charitable events throughout the year, there are plenty of ways to connect, give back and feel part of something bigger.
UNIQUE AS STANDARD
We're proud to be an equal opportunity employer and actively encourage applications from all backgrounds. We believe in celebrating difference – everything that makes both our customers and our people unique. We consider visa sponsorship on a case by case basis for the right candidate. We encourage you to let us know if you need any extra help with your application or have any requirements at any stage of the recruitment journey, we want the process to work for you. Your data will be maintained in line with our recruitment data privacy policy.
Regulatory Responsibilities
As an FCA regulated insurer, doing the right thing isn't a compliance requirement – it's simply how we work. All colleagues are expected to uphold the FCA Individual Conduct Rules (1–6) and act with integrity, due skill and care, openness with regulators and a genuine commitment to delivering good outcomes for our customers. You’ll work within approved processes and authority limits, keep accurate and auditable records, protect data under UK GDPR and our information security policies, elevate risks and exceptions promptly, report incidents, breaches and any financial crime or sanctions concerns (including via whistleblowing), support vulnerable customers with reasonable adjustments, and complete all mandatory training to maintain competence.
Third Party Risk and Governance Professional employer: Homeprotect Home Insurance
Homeprotect is an exceptional employer that prioritises the growth and wellbeing of its employees while fostering a collaborative and innovative work culture. With a strong commitment to professional development, flexible working arrangements, and a focus on community engagement, employees can thrive in their roles and make a meaningful impact in the home insurance industry. Recognised as a Great Place to Work UK for seven consecutive years, Homeprotect offers a supportive environment where diverse talents come together to protect homes across the UK.
Contact Details:
Homeprotect Home Insurance Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Third Party Risk and Governance Professional
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Homeprotect Home Insurance). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Homeprotect Home Insurance. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Third Party Risk and Governance Professional
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Homeprotect Home Insurance.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Homeprotect Home Insurance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Homeprotect Home Insurance
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Homeprotect Home Insurance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Homeprotect Home Insurance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Homeprotect Home Insurance's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.