(Senior) Expert Third Party Risk Management (m/f/d) (Group Protection & Resilience) at Allianz SE
Who will you join?
Resilience is a company’s capacity to absorb stress, recover critical functionalities, and thrive in altered circumstances. It is especially important today because the business environment is becoming more dynamic and unpredictable, while we are facing various disruptions from extreme weather events, power outages, political turbulences to virus outbreaks.
Group Digital Resilience is responsible for the governance, standard setting and systematic monitoring within all Allianz operating entities (OEs) across the globe. We define the core professional, procedural and organizational requirements to anticipate and prepare for, and adapt to changes and sudden disruptions in order to protect Allianz’ business operations (IT and Non-IT), personnel and physical assets so that the Allianz Group is better positioned to respond in an effective and efficient manner.
Third Party Risk Management (TPRM) is a critical component of our Digital Resilience Efforts. For this new team we are looking for a senior expert with a background in Outsourcing or Third Party Risk Management or related activities like provider and contract management.
If you are ready to take over responsibility become part of our Group TPRM team that makes Allianz more resilient and successful in managing third party risk. We are looking forward to having you in our team.
How can you make an impact?
The TPRM function will take care of end-to-end risk management in the context of third parties, ranging from partnerships and procurement contracts to regulatory Outsourcings. Each of the new hires will be working jointly with other colleagues in the TPRM team, focusing on 2-3 out of the listed areas. New hires focus areas will depend on their background, interest and the function's needs. The areas and their respective main focus are listed below:
Governance/ Methodology
* Establishing and maintaining the governance framework (policies, procedures, guidelines and Third-Party Risk Strategy)
* Establishing and running appropriate oversight bodies (e.g. TPRM Committee) and doing stakeholder management
* Reporting to Allianz Group's top Management and performing the Regulatory Reporting to the supervisory authority
* Alignment of risk assessment methods and control overlaps across the Allianz governance framework
Risk & Control
* Ensuring regulatory compliance (e.g. with DORA, Solvency II Outsourcing, EU AI Act)
* Monitoring risk mitigation
* Analyzing and mitigating concentration risk in the Group
* Operational risk management and risk assurance reporting and communication
Tooling
* Alignment of the relevant existing IT tools (SAP Ariba, ORGS, Service Now, etc.)
* Development, customization and maintenance of a dedicated TPRM tool
* Tool integration, governance, compliance and data management incl. establishing and maintaining an integrated data model
TPRM as a Service - Service Management
* Service Delivery Management (IT services to organization, SLAs, ...) of a service run out of AZ Technology and AZ Services
* Incident and problem management
Contract Change & Maintenance
* Coordination of regulatory changes as well as of change requirements from individual functions
* Coordination of contract change projects and monitoring of Contract Performance
Testing/Quality Assurance
* Test strategy (incl. definition of metrics and reporting) planning, execution and reporting
* Automation strategy, data management and Data quality
* Functional monitoring to ensure sufficient oversight over OE TPRM functions
Partner Interface
* Point of contact for external partners, relationship management
* Ensure partnership selection and framework are aligned with the Group's internal rules
What are you made of?
Minimum Qualifications
* Relevant University degree (business, law, risk management, etc.)
* Team player, strong networker, ability to work on cross-functional and cross OE topics
* Fluent English and any additional language skills also welcome
* Advanced user of MS Teams and MS Office
* Attention to detail, critical thinking
* Project management skills and problem-solving attitude
In addition, these area specific qualifications would be a plus if you are interested in working for a specific area:
* Governance/ Methodology: Experience in establishing and maintaining policies, procedures, guidelines and strategy
* Experience in Establishing and running appropriate oversight bodies (e.g. TPRM Committee) and doing stakeholder management. Management reporting Experience. Understanding of risks and control and underlying assessment methods, good understanding of AZ system of governance and corporate rules book needed. First hand experience from insurance or Allianz business is a clear plus
* Risk & Control: Working knowledge of applicable regulatory environment (e.g. with DORA, VAIT), experience in operational risk mitigation monitoring, experience in analyzing / mitigating and reporting on risk and risk assurance
* Tooling: Knowledge of a third-party related tool landscape and individual tools; capability to manage IT projects from business perspective and to define business requirements
* Third Party Risk Management as a Service: Experience in service delivery management and incident / problem management
* Contract Change & Maintenance: Experience in contract management or procurement
* Testing/Quality Assurance: Experience in defining test strategy, planning, execution and reporting
* Partner Interface: Experience in dealing with external partners (e.g. brokers, strategic partnerships)
Preferred Qualifications
* 5+ years of professional experience in the insurance industry with 1+ years minimum experience in the area of Outsourcing / Procurement / Third Party Risk Management / Supplier Management
* Experience in dealing with supervisory authorities and working in the area of provider management / procurement a plus
* Reliable, highly committed, precise working style combined with analytical and conceptual skills
* Excellent communication skills and problem-solving abilities
* Ability to build collaborative working relationships, manage stakeholder and ability to work in virtual, international and complex team environments
* Ability to work self-responsible and autonomously, also at times of high pressure
* Previous experience in insurance or asset management business functions, consulting, digital / tech is a plus
* Experience applying ChatGPT, Generative AI, and Ethical AI solution
Do we have what you need?
* Flexible and hybrid work model
* Multinational and inclusive community
* Great career development and learning opportunities
* Company pension and health insurance
* Employee stock purchase program with a discount
* Health and well-being offerings
* Supportive family care benefits
* Opportunity to contribute to our sustainability programs
* Great place to work certified
And there is much more: Allianz SE Benefits
To learn about our recruitment process: Allianz SE Recruitment Process
Apply before: March, 9th Applications are reviewed on an ongoing basis and we reserve the right to withdraw the posting prior to the advertised closing date. So, if you're interested in this role we encourage you to apply as soon as possible.
In case of questions reach out to Ms. Daniela Lindig: +49 152 0926 1520
Welcome to Allianz SE!
We at Allianz SE are recognized as a trusted partner for protecting and growing your most valuable assets, offering a comprehensive portfolio of products, including property and casualty insurance, life and health insurance, and asset management services, tailored to meet the various needs of individual and corporate clients worldwide. From our international headquarters, we orchestrate global operations, set strategic directions, and ensure cohesive implementation across our international subsidiaries. We are committed to innovation and digital transformation, driving initiatives that enhance customer experience and operational efficiency, reinforcing our position as a leader in the financial services industry.
For more about Allianz SE, Click Here.
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People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email to RECRUITING-SERVICES@allianz.com
89141 | Risk Management | Professional | Allianz SE | Full-Time | Permanent
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Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
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