Risk management specialist Jobs in Austin, TX

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Texas Mutual is deeply committed to creating and maintaining an environment of mutual respect and is proud to be an equal opportunity employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to age, race, color, national origin, religion, sex, gender identity, sexual orientation, genetic information, veteran status, or any other basis protected by local, state, or federal law.

About this Position

At Texas Mutual, we’re on a mission to build a stronger, safer Texas. As the largest workers’ compensation provider in Texas, we help injured workers return to a productive life, give businesses the tools to thrive, invest in our communities, and empower our employees to do their best work. The Risk Office supports that goal by identifying, assessing, and evaluating risks and opportunities and mitigating risks that may significantly affect the company’s ability to achieve its strategic objectives. This hybrid position is based at our corporate headquarters in Austin, Texas.

As a Senior Third-Party Risk Management Specialist, you'll play a vital role in our Business Resilience department in Enterprise Risk Management. In this role, you'll lead our third-party risk management program, collaborating closely with the vendor management program to support the company's strategic goals while mitigating the risks of third-party partnerships. You will also collaborate with stakeholders across the company to develop innovative risk assessment strategies, mitigate potential risks, and drive continuous improvement in our vendor risk management processes. You should have experience with telling the story of risk : helping vendor relationship owners and leadership develop a full-picture of a vendor's risk profile. Having experience developing and refining TPRM software platforms is the plus! This role is perfect for a driven professional who excels in analytical thinking, cross-functional collaboration, and strategic problem-solving.

Responsibilities & Qualifications

In this role you will :

Develop, refine, and maintain third-party risk management procedures

Collaborate with and educate departments on third-party risk assessment processes, results, and their potential impact on operations, promoting a deeper understanding of vendor relationships and associated risks

Conduct and or oversee comprehensive risk assessments for our third-party products and services, including the assessment of financial, business continuity, information security, and technology risks

Analyze vendor responses and documentation to identify potential risks

Implement and manage ongoing monitoring processes for vendor performance and risk profiles

Conduct periodic re-assessments of key vendors

Prepare regular reports and analysis on vendor risk status for management and committees

Communicate risk recommendations to partners across the organization

Coordinate with Legal team to capture and report on contractual risks for third parties

Work with IT and Information Security teams to address specific risk areas

Maintain accurate and up-to-date records of all vendor risk management activities and outcomes

Implement opportunities for improvement of the third-party risk management program based on industry best practices and company policies

Use and maintain third-party risk management software or tools, supporting the selection and implementation of new risk management technologies

Required qualifications :

Bachelor’s degree in business administration, Risk Management, Information Technology, or a related field or equivalent education, training, or experience

At least 4 years of experience in third-party risk management, preferably in the insurance or financial services industry or equivalent education, training, or experience

Demonstrated knowledge of risk assessment methodologies and best practices

Proficiency in data analysis and reporting

Strong analytical and critical thinking skills with attention to detail and accuracy

Excellent written and verbal communication abilities

Ability to work independently, manage multiple priorities, and meet deadlines

Collaborator with strong people skills able to effectively interface with all levels of internal management, other departments, and stakeholders across the organization.

Adaptable and open to change in a dynamic business environment

Preferred qualifications :

Professional certifications such as CISA, CISSP, or CRISC

Experience with business terms within contract review

Texas Mutual Pay Transparency

The base pay range is based on the market evaluation of the job and may include pay for multiple levels. Individual base pay within the range is determined by a variety of factors, including experience, performance, education, and demonstration of skills and competencies required for each role. Your recruiter can discuss the full value of our total compensation package with you, including our generous bonus plans and flex-hybrid work model.

Base Pay Range : $99,985.50 - $123,511.50 Per Year

Flex-Hybrid Work Environment :

Texas Mutual’s flex-hybrid schedule allows you to bring your best self to work by working remotely and collaborating in the office based on business needs. All Texas Mutual employees are required to have Texas residency and travel to their designated office as needed.

Our Benefits :

Annual performance bonus and merit-based pay increase

Lifestyle Savings Account ($1,000 per year)

Automatic 4% employer contribution to retirement plan

401k plan with 100% employer match up to 6%

Student loan repayment matching in 401k plan

Three weeks’ time off for vacation

Nine paid holidays and two personal days each year

Day one health, Rx, vision and dental insurance

Life and disability insurance

Flexible spending account

Pet insurance and pet Rx discounts

Free on-site gym, fitness classes, and health and wellness resources

Free identity theft protection

Free student loan repayment and refinancing consultation

Professional development and tuition reimbursement

Employee referral bonus

Free onsite snacks

About Us

Texas Mutual Insurance Company is the state's leading choice for workers' compensation insurance, with over 40 percent of the market. Thousands of Texas businesses rely on us to help them control their workers' comp costs, protect their employees, and ensure their injured workers receive quality care. Preventing workplace accidents is a foundation of our mission.

We have frequently been named one of the Best Companies to Work for in Texas. Our competitive salaries, award-winning benefits package, and employee recognition programs are just a few of the reasons our average employee tenure is 10 years.

If you need an accommodation with any part of the application process, please contact 800-859-5995 and ask to speak with Human Resources.