Counsel – Third Party Risk Management (TPRM) at Everest in London

Job description

Title: Counsel – Third Party Risk Management (TPRM) Company: Everest Advisors (Uk), Ltd. Job Category: Law Job Description: About Everest: Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world. About the Opportunity Everest is looking for a commercially minded legal professional to join its growing Legal team in a newly created role focused on Third Party Risk Management. This is an exciting opportunity to work at the heart of a global insurance and reinsurance business, supporting how Everest engages with vendors, consultants and outsourced service providers. Combining commercial contract negotiation, regulatory horizon scanning and third-party risk management, you'll play a key role in helping the business navigate legal and regulatory requirements while enabling strong commercial outcomes. You'll join a lean, hardworking team that believes in empowering its people, encouraging continuous learning and fostering a culture where feedback flows openly in both directions. The team is passionate about delivering the best outcomes for internal and external clients, values integrity and collaboration, and gives individuals the autonomy and ownership to make a meaningful impact without micromanagement. Whilst we are ideally seeking a qualified lawyer with some post-qualification experience, we would also welcome applications from experienced paralegals with strong commercial contracts experience who are looking to broaden their responsibilities and take the next step in their career within a dynamic in-house legal environment. About the Team The Legal team partners closely with stakeholders across the business to help Everest manage risk, support growth and meet its regulatory obligations. The team takes a pragmatic, commercial approach and is committed to building trusted relationships while delivering high-quality legal support. This is a safe, supportive environment where people are encouraged to learn, develop and contribute ideas. Team members are given real ownership from day one and are trusted to take responsibility for their work while being supported by experienced colleagues. Key Responsibilities Contract Review and Negotiation Review, draft and negotiate vendor, consultant, outsourcing, TOBAS and non-disclosure agreements, applying the organisation's risk appetite and standard positions Apply proportionate legal review calibrated to contract risk tier (e.g. material outsourcing vs. low-risk vendor arrangements), including under applicable outsourcing/operational resilience regulatory frameworks (e.g. PRA/FCA outsourcing rules, EIOPA/Solvency II outsourcing requirements, DORA where relevant) Liaise with procurement, information security, data protection and business stakeholders to ensure contracts reflect operational, security and regulatory requirements Identify and escalate contracts raising material legal, regulatory or reputational risk Support due diligence and contractual remediation for existing third-party arrangements Regulatory Horizon Scanning Monitor and summarise regulatory developments relevant to third party risk management, outsourcing and operational resilience (UK and Ireland), including PRA, FCA, Central Bank of Ireland, EIOPA and Lloyd's requirements Produce concise, business-facing briefings on incoming regulatory change and its practical impact on contracting and vendor oversight practices Track implementation deadlines and support the legal team in embedding regulatory changes into templates, playbooks and processes Template and Playbook Management Own and maintain the suite of TPRM-related legal templates (vendor agreements, consultancy agreeme