Third Party Risk Analyst at Hartford Financial Services

Cedar Rapids, Iowa, United States

Apply Now

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial ServicesIndustries

Requirements

Bachelor’s degree or equivalent work experience
2+ years of experience in third party risk management, contract management, risk management, audit and/or compliance
Computer skills: Microsoft Office, Excel, PowerPoint, Vendor Risk Management software
Strong analytical skills
Ability to work independently
Inquisitiveness about different aspects of GreatAmerica’s businesses
Desire to help others
Interpersonal skills to work collaboratively with internal and external customers

Responsibilities

Reviewing and performing risk assessments for potential third party engagements in accordance with GreatAmerica’s established policy, standards, and procedures
Collaborating with GreatAmerica third party business owners to request required due diligence documentation for new third party engagements and for ongoing due diligence for existing third parties
Assessing and documenting the sufficiency of due diligence documentation received from third parties, including engaging with subject matter experts when appropriate
Providing guidance to third party relationship owners with respect to GreatAmerica’s standards and their application to specific third party engagements, including recommendations with respect to potential risk mitigates/remediation plans
Engaging with third party relationship owners in developing remediation plans for third party performance, incidents, and issues
Ensuring the timely update and maintenance of third party information, due diligence documentation, and agreements
Providing regular training to team members with respect to GreatAmerica’s third party review processes
Providing monitoring, analysis and reporting on additional risk areas that impact GreatAmerica in coordination with other members of the Operational Risk Management team

Skills

Risk Assessment

Due Diligence

Third Party Risk Management

Operational Risk

Compliance

Regulatory Compliance

Risk Monitoring

Risk Mitigation

Documentation Review

Stakeholder Collaboration

Hartford Financial Services

Insurance and financial services provider

About Hartford Financial Services

Hartford Financial Services provides insurance and financial products designed to protect individuals and businesses. Their offerings include various types of insurance, such as auto, home, and business insurance, as well as retirement and investment solutions. The company focuses on ensuring that clients are safeguarded against risks while also aiming to create a positive impact in the community. Unlike many competitors, Hartford Financial Services emphasizes a commitment to human achievement, striving to support clients in ways that extend beyond traditional insurance coverage. The goal of the company is to empower individuals and businesses to thrive by providing comprehensive protection and contributing to societal well-being.

Hartford, ConnecticutHeadquarters

1810Year Founded

$77.7MTotal Funding

N/ACompany Stage

Social Impact, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Holidays

Hybrid Work Options

Remote Work Options

Tuition Reimbursement

Risks

AI-driven solutions like HOMEE increase competition in P&C insurance.

Beam Benefits' growth challenges Hartford's market position in employee benefits.

Superscript's funding may disrupt traditional insurance models Hartford relies on.

Differentiation

Hartford is recognized as one of the World's Most Ethical Companies.

The Hartford's critical illness insurance covers a wide range of health conditions.

Partnership with CAPE Analytics enhances Hartford's risk assessment with geospatial intelligence.

Upsides

AI-driven claims management adoption boosts efficiency in insurance processing.

Digital transformation with Beam Benefits simplifies employee benefits processes.

Geospatial intelligence from CAPE Analytics improves risk assessment and underwriting.

Land your dream remote job 3x faster with AI

Try Jobo Free