Sompo International
Third Party Risk Management Lead, North America Insurance Operations
Morristown, NJ, USA · Full-time
Sponsorship not specified$130k-$195kDetected 11 days ago
Stakeholder ManagementProcess ImprovementVendor ManagementProcurementCommunicationCollaborationProblem SolvingMicrosoft Office
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Cap-exempt (no lottery)0
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Entry-level history0
PERM / green-card track0
Lottery odds (Level IV)94
Fits your clock70
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About the role
- Are you looking for your next opportunity?
- Our business, your impact, our opportunity:
Responsibilities
- Implement and support the Global Third Party Risk Management (TPRM) framework across North America, ensuring alignment with enterprise policies, standards, tools, and reporting requirements.
- Maintain governance trackers, dashboards, and reporting to provide visibility into the regional third-party portfolio, risk status, compliance obligations, and key milestones.
- Partner with business owners, contract owners, and cross-functional teams including Legal, Compliance, Risk, Finance, Procurement, IT, and Operations to ensure timely documentation, performance monitoring, and issue resolution.
- Identify process improvement opportunities, strengthen controls and documentation, and support training, audit, regulatory, and stakeholder communication activities related to third-party oversight.
- Demonstrated ability to manage multiple agreements, deadlines, and stakeholder groups in a fast-paced environment with strong organization and attention to detail.
- Excellent communication, analytical, and problem-solving skills, with the ability to work cross-functionally, build partnerships, and recommend process improvements.
- At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success.
- At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other.
- Guided by our core values-Accountability, Agility, Collaboration, Development, and Integrity-we build trust and support one another to achieve our goals.
Requirements
- 10+ years of experience in contract administration, vendor management, procurement operations, third-party governance, or related roles.
- Strong knowledge of contract lifecycle administration, vendor governance, and tracking of SLAs, renewals, contractual obligations, and governance deliverables.
Nice to have
- Experience in insurance, financial services, or another regulated industry preferred.
- Bachelor's degree or equivalent experience preferred
- proficiency in Microsoft Office and experience with contract lifecycle, procurement, or workflow tools preferred, with ongoing professional development considered a plus.
Compensation
- $130,000 - $195,000. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.
- At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.
- Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms.
- The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
- Company-paid Disability benefits with very competitive salary continuation payments
Benefits
- Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
- Dental benefits including orthodontia benefits for adults and children
- Health Care & Dependent Care Flexible Spending Accounts
- 401(k) Retirement Savings Plan with competitive employer contributions
- Competitive Parental Leave Benefits & Adoption Assistance program
- We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.
- Below is a summary of our current comprehensive U.S. benefit programs:
- Pharmacy benefits with mail order options
- Vision benefits
- Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
Company info
- We strive to foster a workplace where everyone feels respected, included, and empowered to excel.
- Life at Sompo page Our values come to life in how we hire and grow talent.
- Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work.
- Company-paid Disability benefits with very competitive salary continuation payments
- Competitive paid-time-off programs, including company-paid holidays
- We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
- Our values come to life in how we hire and grow talent.
Equal opportunity
- As a global organization, we embrace diversity and champion equal opportunity.
- If you need an accommodation for any part of the
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This listing is sourced directly from Sompo International's careers page and normalized into a canonical job model.