Outsourcing Analyst – Brussels – Belgium

About the role

Looking for an exciting new opportunity as part of a strongly growing and dynamic insurance company? Do you have 3 to 5 years of experience, a strong interest in vendor management and are you eager to learn? Monument offers you the opportunity to become part of its outsourcing team where you will have a variety of tasks and many opportunities for personal development.

Responsibilities

Under the supervision of the outsourcing manager you will have following responsibilities:

• Maintain a good working relationships with Outsourced Service Providers (“OSPs”) to allow for effective oversight and monitoring relationship;
• Actively manage relationships with OSPs, in line with Monument’s Outsourcing Framework and Regulatory Standards;
• Facilitate Client Service Meetings between Monument and the OSP and ensure they are scheduled in time with the correct audience; 
• Manage Incident and Breach process with the OSP to ensure all regulatory requirements are met;
• Collaborate with the other Business Lines and Contract management teams in scope / gap / risk analysis, governance, management of change requests, monitor acceptance procedures, contract interpretations, contract extensions / terminations, assisting to resolve any disputes, etc. based on agreed priorities;
• Support Account payable team in reviewing and approving OSP and Third Party invoices;
• Provide regular status update to Outsourcing Manager and escalate issues as they arise;
• Review current reporting requirements and develop improvements for consolidation of reporting; 
• Assess existing processes and identify areas of weakness for improvement and streamlining to industry best proactive;
• Be a proactive team member, a trustful advisor to the business team and local Executive Management;
• Work within cross functional project teams to support the on-boarding and due diligence processes for new OSPs; and Ad Hoc reports / tasks as requested.

Role Requirements

• Master in Economics, Law or other relevant background
• Preferably 3-5 years of experience 
• Experience in the insurance, financial services or consultancy sector is a strong asset
• Experience with / or a strong interest in procurement, vendor management or contract management is required
• Requires strong verbal and written communication skills in English and French or Dutch and effective organizational and problem-solving skills. 
• Understanding of outsourcing regulations and /or central bank (NBB) views on outsourcing is a plus
• Strong internal / external stakeholder management 
• Ability to work in fast changing organisation and to tight deadlines
• Data analysis skills and be able to compile insightful reporting from a variety internal and external sources and for a variety of audiences;
• Experience in continuous improvement and process development with respect to operations or outsourcing is an advantage;
• Good knowledge of Microsoft software including Excel, PowerPoint, Outlook and Word.

Location

Brussels – Belgium

Equal Opportunities Statement

The Monument Re Group is an Equal Opportunity employer. Our Corporate values of Trust and Collaboration demonstrate our commitment to fostering an inclusive culture where all our employees feel respected and valued. We recognise that each employee brings their own unique skill sets, capabilities, immutable characteristics, and varied experiences to their work. In turn, the Monument Re Group provides a work environment for all our employees to achieve personal and professional growth and development throughout their careers with us.

Email:

recruitment@monumentinsurance.com

Apply now