Third Party Risk Analyst

Assoc Risk Analyst - KR08AE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

Third Party Risk Analyst

The Hartford is establishing a dedicated Third-Party Risk Management (TPRM) Office within its Enterprise Risk Management Organization to ensure consistent oversight, standardized practices, and effective controls across all third-party relationships. Reporting to the Head of Third-Party Risk Management, the Third-Party Risk Analyst will assist in the implementation of an enterprise-wide TPRM Office as part of a new second-line function. The analyst will support the development of third-party risk management processes; help coordinate risk assessments and contribute to risk reporting. This role involves working with cross-functional teams and participating in an initiative aligned with Hartford's risk management objectives.

Key Responsibilities

• Assist in the coordination of third-party risk assessments and monitoring activities with risk governors.
• Maintain and update TPRM framework documentation (e.g., policies, standards and procedures)
• Regularly update third-party risk profiles with current risk ratings, control gaps, remediation plans, and accepted risks to maintain accuracy.
• Assist in the development of risk reporting to support visibility into third-party risk exposure, tracking remediation efforts and accepted risk.
• Support the implementation of automation solutions aimed at improving operational efficiency and data accuracy in TPRM processes and reporting.
• Participate in special projects to enhance third party risk practices (e.g., Third Party Risk Information Site, Training & Education, AI Opportunities)
• Perform research on third party risk practices, industry trends and emerging risks.

• 3+ years of experience in risk management, compliance, audit, preferably in financial services. Some experience with third party risk management preferred.

• Ability to analyze business problems, provide recommendations, and propose solutions
• Demonstrated capability to manage multiple priorities and deliver results
• Proficiency in oral and written communication
• Ability to build effective working relationships with business partners
• Advanced skills in Excel and PowerPoint
• Experience with risk assessment tools or TPRM governance platforms (such as Archer) is preferred
• Bachelor's degree in business, risk management, or a related field is required

• Worlds most Ethical companies - 16 Time Honoree
• Best places to work for DEI
• Americas Most Just Companies 7 years in a row
• Fortune's 2024 List of Americas Most Innovative Companies