Third Party Risk Management Specialist
6 days ago
**Company Description**
- Join us in shaping the future of the insurance industry, driven by innovation and a 150-year legacy of protecting people
- Work alongside diverse, passionate colleagues and leaders who inspire, support, and value your contributions
- Enjoy benefits such as discounted insurance, health and well-being programs, and a range of employee benefits to support your lifestyle
Welcome to TAL. As a leading life insurer, we’ve been protecting Australians for over 150 years. Backed by Dai-ichi Life, we're driven by big ambitions and empower to create better products and services.
Together with our Partners, we’re helping millions of Australians live a life filled with choices, options, and freedoms. See the direct impact you make delivering support and financial security with care and expertise. Grow beyond expectations with diverse roles, global connections, and exclusive learning opportunities.
Work with passionate, bright and capable colleagues. Feel inspired by supportive leaders. Collaborate with heart, where flexibility, wellbeing and inclusivity is valued. Together, we're reimagining insurance.
So, bring a curious mind and an ambition to help us become the progressive, digitally enabled leading insurer.
The Senior Manager, Technology Third Party Risk Management will be part of the Strategy and Planning Team function within the Technology Business Unit and will lead the execution of Technology Vendor Management strategy as well as and leading a team of platform coordinators and analyst.
In this role you will:
- Lead centralised sourcing for Technology across new initiatives, renewals and transformations by partnering with the Enterprise Sourcing Team and relevant stakeholders across Technology Business Unit.
- Support Business owner in negotiating commercial for Technology along with the Enterprise Sourcing Team to deliver the planned outcomes.
- Initiate renegotiations of existing agreements with the vendors to drive increased value and benefits for TAL
- Analyse the software license usage and consumption to identify opportunities for optimisation, cost reduction, or reallocation to higher-value areas
- Uplift the Tech Vendor Relationship Management and Governance framework to support delivery and operations, including vendor performance and service improvements
- Lead the Vendor Tech & Cyber risk assessments along with the Line 1 Tech & Cyber Risk Team
- Manage a team of Platform Coordinators, supporting them to carry out platform support activities such as resource tracking/onboarding/offboarding, operational compliance support, end to contract management and financial management activities such as invoicing, receipt accruals and reconciliation
**Qualifications**
- Experience in preparing a negotiation strategy, including setting clear goals and understanding risk limitations and delivering desired outcomes
- Ability to manage complex technical procurements, including hardware, software, and services, is crucial
- Strong communication skills for engaging various stakeholders, including influencing and negotiating with vendors and stakeholders to achieve desired outcomes and deliver non-negotiables
- Ability to perform cost analysis to evaluate whether a quoted price is fair and reasonable, including assessing the cost of materials and identifying non-value-added costs to reduce overhead
- Ability to lead and motivate both direct and indirect team members, and manage a developing team
**Additional Information**
TAL is one of Australia’s leading life insurers, committed to inclusion, and supporting the career growth of our diverse workforce. We’re proud to be:
- An Inclusive Employer - Recognised as Employer of Choice for Gender Equality by the Workplace Gender Equality Agency and Bronze Tier Status within the Australian Workplace Equality Index
- Diversity Champions - Member of Diversity Council Australia, Australian Disability Network, Pride in Diversity and Champions of Change
- Reconciliation Advocates - Read our Innovate Reconciliation Action Plan.
- Need adjustments during the recruitment process? Let our team know by getting in touch with us here.—we’re here to support you.
You’re always accountable for your actions. You never give up. You strive to find the best outcomes for customers and partners. And you value working together to find the best solutions for problems.
As part of the recruitment process, there are several checks which may be conducted to demonstrate your eligibility for a role at TAL including Criminal History, Bankruptcy, Entitlement to Work, Regulatory and Reference Checks.
LI-Hybrid
Everyone at TAL has a responsibility to do the right thing and is accountable for the way they conduct themselves. Our expectations are that you follow the principles set out in our Code of Conduct when you come to work every day. Risk management is everyone’s responsibility.
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