CNA Insurance · 10 hours ago
Senior Consultant, Third Party Risk Management (TPRM)
CNA Insurance is committed to fostering a culture where employees feel valued and empowered. The Senior Consultant, Third Party Risk Management (TPRM) will manage vendor intake processes, ensuring compliance with risk management standards while collaborating with various stakeholders to optimize vendor onboarding and risk control.
FinanceFinancial ServicesInformation ServicesInformation TechnologyInsuranceProperty ManagementReal EstateRisk Management
Responsibilities
Manage the intake and reviews for all net‑new vendors entering the organization; validate scope, data flows, service criticality, and inherent risk indicators at the point of request
Operate the intake workflow across Workday Strategic Sourcing (WSS) and ProcessUnity (PU); ensure requests are properly classified and routed
Collaborate with Procurement to align intake with sourcing milestones (RFP/RFI, contract negotiation)
Produce Reporting metrics on intake volumes, SLA adherence, inherent risk distribution, and critical third party supplier activities
Apply a pragmatic triage model (e.g., exempt items; existing supplier/same scope; existing supplier/new scope; new supplier/new scope) to focus effort on where risk is highest and eliminate unnecessary reviews
Function as the liaison across Procurement, Legal, InfoSec/Tech Risk, Privacy, Business/Operational Resiliency, and Finance to orchestrate TPRM activities within the contracting process, ensuring a seamless and efficient stakeholder experience
Co-lead end‑to‑end risk assessments for high‑impact/new vendors: scoping, risk tiering (IRQ), due‑diligence review (DDQ), and control validation (remote or on‑site), with audit‑ready documentation
Coordinate reviews with SMEs (InfoSec, Compliance, Resiliency, Finance); synthesize control gaps and propose remediation, acceptance, or compensating controls in line with the TPRM policy
Provide coaching to business owners, managed service providers and vendors on completing questionnaires, evidence expectations, and timelines; handle escalations and sensitive assessments with discretion
Lead incremental workflow improvements in WSS/PU and support roadmap initiatives (e.g, Intake Optimization, IRQ refresh, scaled issue management, and risk‑intelligence integrations)
Qualification
Required
5-7+ years of experience in third-party/vendor risk, technology risk, or related fields with direct ownership of new vendor onboarding and ‑due diligence‑ assessments
Proven ability to operate at pace in a procurement‑driven environment, triaging high volumes and prioritizing new supplier/new scope engagements
Demonstrated experience coordinating across InfoSec, Legal, Privacy, Resiliency, Finance, and business stakeholders, translating policy expectations into practical contract terms and controls
Excellent written and verbal communication; executive‑caliber reporting and stakeholder management for high‑visibility vendors
Preferred
Certifications: CTPRP/CTPRA, CISA, CRISC, CISSP, or similar
Experience with risk‑intelligence platforms (e.g., Supply Wisdom, Black Kite) and AI‑assisted control/evidence evaluation capabilities
Background in insurance/financial services vendor governance or regulatory frameworks relevant to outsourcing, data protection, operational resilience
Intake mastery - ability to quickly classify requests, separate exempt/low‑risk from high‑impact cases, and keep pipelines flowing without bottlenecks
Orchestration and influence: cross‑functional leadership and stakeholder alignment throughout contracting and onboarding; strong meeting facilitation
Tool fluency - ProcessUnity administration/usage and WSS intake routing; comfort with dashboards, SLAs/KPIs, and audit trails
Risk Judgment & Decisioning: Makes timely, defensible inherent risk determinations with clear rationale
Process Excellence: Builds and enforces standardized intake workflows, SLAs, and data quality checks
Stakeholder Partnership: Collaborates cross-functionally
Detail Orientation: Catches gaps in scope, data during risk reviews
Systems & Data Literacy: Comfort with dashboards, forms, integrations, and vendor artifacts (SOC reports, SIG, CAIQ)
Communication: Clear, concise, and business-friendly briefings and guidance
Benefits
Comprehensive and competitive benefits package
Company
CNA Insurance
CNA is one of the largest U.S. commercial property and casualty insurance companies.
H1B Sponsorship
CNA Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (30)
2024 (32)
2023 (25)
2022 (43)
2021 (32)
2020 (14)
Funding
Current Stage
Public CompanyTotal Funding
$0.88M2016-09-12Post Ipo Equity· $0.88M
1978-01-13IPO
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2025-11-03
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2025-11-03
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