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Pension Insurance Corporation plc
Pension Insurance Corporation plc
201 – 500 Employees
FinanceInsurance
Pension Insurance Corporation plc is a UK insurance and financial services company focused on securing retirement incomes for members of defined benefit pension schemes. It provides tailored pension insurance solutions, including buy-ins and buyouts, supported by expertise in risk management and asset and liability management. The company serves pension schemes sponsored by FTSE 100 businesses, multinational companies and public sector organisations, and its work is overseen by the Prudential Regulation Authority and the Financial Conduct Authority. For prospective employees, the organisation offers a professional setting centred on pensions, insurance, investments and long-term financial security.
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Third-Party Risk and Supplier Relationship Manager – London Hybrid

Lead Pension Insurance Corporation’s regulated third-party risk programme across supplier oversight, resilience, controls, reporting, and governance. Manage risk assessments, supplier performance, and stakeholder engagement in a hybrid London role.

GBUnited KingdomHybridFull-timeMiddleSeniorEnglish RequiredAccount ManagerSales
ServiceNow

Description

  • Own Pension Insurance Corporation’s third-party risk management programme
  • Oversee the full third-party risk lifecycle, from onboarding through assessment
  • Design and implement risk controls and mitigation plans
  • Track supplier performance, risk exposure, and emerging issues
  • Prepare risk reporting and actionable insights for senior stakeholders
  • Present risk information clearly, promptly, and constructively
  • Manage supplier relationships, KPIs, and service-level agreements
  • Resolve supplier issues, disputes, and exit processes
  • Support regulatory compliance and ongoing programme improvement
  • Apply data analysis to strengthen reporting and business decisions
  • Keep professional knowledge and skills current

Requirements

  • Understanding of FCA and PRA regulations and how they apply within the company
  • Strong knowledge of PRA SS2/21 and operational resilience requirements under SS1/21
  • End-to-end expertise across the third-party risk management lifecycle
  • Experience managing supplier risk, performance, and commercial relationships
  • Practical experience with due diligence, assurance, and continuous supplier monitoring
  • Proficiency with TPRM or GRC platforms, such as ServiceNow and Prevalent
  • Strong data analysis and reporting skills, including Power BI or a comparable tool
  • Understanding of artificial intelligence applications in third-party risk management
  • Ability to convert regulatory obligations into workable controls, frameworks, and standard operating procedures
  • Ability to perform detailed risk assessments and supplier assurance reviews, including ISO and SOC evaluations
  • Ability to govern supplier performance and relationships through KPIs, KRIs, and formal oversight
  • Ability to influence stakeholders across business, risk, and technology functions
  • Ability to produce concise, decision-ready reports for senior management and Board audiences

Benefits

  • Annual performance-based bonus opportunity
  • Private medical insurance
  • 28 days of annual leave plus bank holidays
  • Generous workplace pension scheme
  • Travel insurance
  • Private medical insurance
  • Critical illness cover
  • Life assurance
  • Income protection
  • Additional employee benefits

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