About The Role
Looking for an exciting new opportunity as part of a dynamic insurance company? Ready to take the next step in your career as part of proactive and results driven team?
Responsibilities
* Ensuring that outsourcing oversight is conducted according to local regulation and internal policies in multiple jurisdictions.
* Planning all outsourcing oversight activities including service reviews, due diligence, and assurance reviews as appropriate.
* Working with 1st, 2nd and 3rd, LODs to ensure that reviews and audits are coordinated and meet internal cadence requirements.
* Reporting to various Boards, Committees and Senior Management in multiple jurisdictions on OSP performance, risk, regulatory compliance and seeking approval of documentation.
* Acting as Relationship Manager for some OSPs in support of SMEs throughout the business.
* Working with Procurement and senior stakeholders on the selection and onboarding of new OSPs.
* Working with the Vendor Management team on criticality assessments, process application and development.
* Ensuring that all files are up to date and maintained to a high standard, including regulated artefacts such as Outsourcing Registers and Policies.
* Acting as Data Protection Champion for the Vendor Management team.
* Acting as Outsourcing Regulation SME, ensuring adherence to regulation in multiple regions and staying up to date with regulatory developments.
* Chairing Governance Committees in various regions.
* Contract reviews for new and existing OSPs to ensure regulatory adherence.
* Fostering strong relationships with internal customers across IT, Risk, Compliance, Change, HR, Finance and Operations
Role Requirements
* 5+ years' experience working within an outsourcing function
* Be highly organised, pro-active and responsive.
* Excellent understanding of outsourcing regulation in Ireland, Luxembourg, the Isle of Man, the UK, Bermuda, Singapore and Belgium
* Knowledge of other relevant regulation such as GDPR, the Digital Operational Resilience Act (DORA), and Prudent Person Principle
* Experience working within Insurance or financial services, with a focus on regulatory adherence and performance management an advantage.
* Ability to deal with SMEs on a range of topics from actuarial services to investments
* Exceptional organisational and planning skills essential
* Strong written and oral communication skills and ability to present ideas in a clear, concise manner
* Previous experience presenting to senior stakeholders
* Contract literacy an advantage
* Workload prioritisation and expectations management is essential.
Location
Dublin, Ireland. Hybrid Working Model.