Risk and Compliance Business Partner

6 days ago

Bournemouth, Bournemouth, United Kingdom Vitality Full time
About the Role

We are seeking a highly skilled Risk and Compliance Business Partner to join our team at Vitality. As a key member of our sourcing team, you will be responsible for managing the sourcing, contract, and supplier management for Group Insurance for the organization.

Key Responsibilities
  • Identification and Evaluation of Risks: Identify and evaluate potential risks to the company's assets, operations, and personnel, and evaluate these in terms of impact and likelihood.
  • Corporate Insurance Claims and Queries: Be the point of contact for all corporate insurance claims, and all related insurance queries, dealing with multiple internal and external stakeholders, to advise on best practice.
  • Category Focused Sourcing Strategies: Build strong relationships with key stakeholders to define category focused sourcing strategies to meet sourcing and business objectives.
  • Supplier Management and Assurance: Perform on-going supplier management and assurance actions across a portfolio of suppliers to help Vitality effectively manage service performance.
  • Contract Management: Effectively manage a portfolio of corporate insurance renewals via the Contract Lifecycle Management process and identify efficiency improvements and cost savings.
Requirements
  • Corporate/Group Insurance Management Strategy: Possess specific knowledge and experience in Corporate/Group Insurance management strategy and implementation primarily in General Insurance corporate coverage.
  • Negotiations and Contract Drafting: Have impressive experience of negotiations with suppliers to deliver value and mitigate contractual risk, and show a broad understanding of contract drafting, service definition, performance and commercial structures.
  • Category Management: Have a proven record of effective category management, demonstrating the implementation of sourcing strategy, supplier rationalisation and supplier innovation.
  • Communication and Influence: Be able to communicate, influence, and network with stakeholders at all levels, both internally and externally.
  • Technical Skills: Possess a positive level of proficiency of desktop applications including Excel, Word, SharePoint, and Powerpoint.
What We Offer
  • Bonus Schemes: A bonus that regularly rewards you for your performance.
  • Pension Scheme: A pension of up to 12% - We will match your contributions up to 6% of your salary.
  • Award-Winning Health Insurance: Our award-winning Vitality health insurance - With its own set of rewards and benefits.
  • Life Assurance: Four times annual salary.

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