Risk Management Lead

Summary

Join Wakam, a leading European embedded insurance company, as their Risk Management Lead in the UK. You will play a key role in building and shaping the UK risk framework, ensuring regulatory compliance, and embedding a strong risk culture. Collaborate with UK and Group stakeholders to develop and implement a robust Risk Management Framework. Monitor risk events, maintain incident logs, and contribute to internal reporting. Provide guidance to risk owners, train stakeholders, and support the embedding of a three-lines-of-defense model. This role offers the opportunity to be a foundational part of the UK Risk function and contribute to high-impact strategic work.

Requirements

• Minimum 5 years of experience in Risk Management in Financial Services
• Strong knowledge of UK insurance regulations and frameworks
• Confident in working across teams and producing clear governance documentation
• Able to simplify complex topics for different stakeholders

Responsibilities

• Take the operational lead in building the Risk Management Framework in the UK alongside the CRO and Group Risk
• Conduct risk identification workshops with 1st Line teams and support mitigation strategies and control designs
• Collaborate on setting Risk Appetite, Key Risk Indicators (KRIs), and emerging risk identification
• Maintain and oversee incident logs, monitor control effectiveness, and ensure follow-up on risk events
• Draft and update risk policies and contribute to internal reporting (Boards and Committees)
• Support the ORSA process and risk reporting to UK management committees
• Act as a key 2nd Line representative, providing challenge and guidance to risk owners
• Train and support 1st Line stakeholders and champions on risk obligations and culture
• Support in embedding a 3-lines-of-defence model and a proactive risk-aware culture

Preferred Qualifications

• Experience in UK General Insurance is a strong advantage
• Exposure to GRC tools, Microsoft Excel, and risk analytics
• Proactive, structured, and solutions-oriented
• Detail-driven with high standards for accuracy
• Comfortable managing multiple topics in a fast-paced environment
• Effective communicator with gravitas across all levels
• High integrity and ownership — a trusted voice in risk matters
• Naturally curious and collaborative — someone who thinks globally, but executes locally

Benefits

• Remote/hybrid options
• Career mobility
• An international environment
• True remote work flexibility with our Wakam From Anywhere (WFA) program
• Flat hierarchical system promoting direct impact and autonomy
• Monthly Free.day: dedicated time for personal growth and skills development
• Lunch voucher with Swile card