Massachusetts Mutual Life Insurance

Head of Cyber Third Party and Risk Management

Massachusetts Mutual Life Insurance

Springfield, MA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Massachusetts Mutual Life Insurance (MassMutual), one of the oldest and most trusted insurance companies in the United States. We are currently seeking a highly qualified and experienced individual to join our team as the Head of Cyber Third Party and Risk Management.As the Head of Cyber Third Party and Risk Management, you will play a critical role in safeguarding MassMutual's digital assets and ensuring the protection of our customers' sensitive information. You will be responsible for overseeing our third party relationships and managing cyber risks to ensure compliance with regulatory requirements and industry best practices.We are looking for a dynamic and driven individual with a strong background in cyber risk management and a deep understanding of third party risk management. The ideal candidate will have exceptional leadership skills and the ability to effectively collaborate with cross-functional teams. If you are passionate about protecting sensitive data and have a proven track record of success in managing cyber risks, we encourage you to apply for this exciting opportunity.

  1. Develop and implement a comprehensive third party risk management program, including policies, procedures, and controls.
  2. Evaluate and monitor third party relationships to ensure compliance with regulatory requirements and industry best practices.
  3. Conduct risk assessments and due diligence on new and existing third party vendors.
  4. Provide guidance and support to business units in managing third party risks.
  5. Collaborate with legal, compliance, and other departments to ensure third party contracts and agreements are in alignment with MassMutual's risk appetite.
  6. Keep abreast of emerging cyber threats and vulnerabilities and proactively mitigate potential risks.
  7. Develop and maintain relationships with key stakeholders and external parties, such as regulators and industry peers.
  8. Oversee and manage the cyber insurance program, including evaluating and selecting insurance coverage and managing claims.
  9. Develop and deliver training and awareness programs on third party and cyber risk management for employees.
  10. Prepare and present regular reports to senior management on the status of third party and cyber risk management efforts.
  11. Lead incident response and remediation efforts in the event of a cyber security incident involving third party vendors.
  12. Continuously review and improve the third party risk management program to ensure its effectiveness and efficiency.
  13. Provide leadership and guidance to a team of risk management professionals, fostering a culture of collaboration and innovation.
  14. Stay up to date with relevant regulations and industry standards related to third party and cyber risk management.
  15. Represent MassMutual in external forums and industry events related to third party and cyber risk management.
Where is this job?
This job is located at Springfield, MA, USA
Job Qualifications
  • Extensive Knowledge Of Cybersecurity: The Ideal Candidate Should Possess Comprehensive Knowledge Of Cybersecurity Principles, Practices, And Technologies, Including Risk Assessment, Vulnerability Management, And Incident Response.

  • Strong Risk Management Background: The Head Of Cyber Third Party And Risk Management Must Have A Proven Track Record In Managing Risk In A Corporate Environment, With Experience In Developing And Implementing Risk Management Strategies And Processes.

  • Experience In Third Party Risk Management: A Successful Candidate Should Have Prior Experience In Managing Third-Party Risk, Including Vendor Risk Assessments, Contract Negotiations, And Ongoing Monitoring And Oversight Of Third-Party Relationships.

  • Leadership And Communication Skills: As A Senior Leader, The Candidate Must Have Excellent Communication And Interpersonal Skills, With The Ability To Build And Maintain Relationships With Stakeholders At All Levels Of The Organization.

  • Industry Knowledge: Familiarity With The Insurance Industry And Relevant Regulatory Requirements, Such As Gdpr And Ccpa, Is Essential For This Role. The Candidate Should Also Stay Updated On Emerging Cyber Threats And Trends In The Insurance Industry To Effectively Mitigate Risks.

Required Skills
  • Vendor Management

  • Contract Negotiation

  • Compliance Management

  • Risk assessment

  • Risk Mitigation

  • Information Security

  • Incident response

  • Due Diligence

  • Policy Development

  • Third Party Risk

  • Cybersecurity Expertise

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Teamwork

  • Active Listening

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Head of Cyber Third Party and Risk Management in Springfield, MA, USA is between $120,000 and $175,000 per year. This may vary depending on the specific job responsibilities, experience, and qualifications of the individual. Some companies may also offer bonuses and other benefits in addition to the base salary.

Additional Information
Massachusetts Mutual Life Insurance is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedOctober 1st, 2024
Apply BeforeJune 21st, 2025
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About Massachusetts Mutual Life Insurance

The Massachusetts Mutual Life Insurance Company, founded in 1851, is an American mutual life insurance company serving five million clients. With headquarters in Springfield, Massachusetts, the company employs more than 7,000 in the United States, and a total of 10,614 internationally.

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