Risk Management Lead

Who Are We

Wakam is a B2B2C digital insurer operating in 32 countries partnering with over 80 insurtechs MGAs and brokers. We design embedded and white-label insurance solutions powered by our proprietary Play&Plug platform and offer full API connectivity. With over 900M in revenue in 2023 Wakam is a European leader in embedded insurance and a proud mission-driven company committed to making insurance transparent and impactful.

Were now seeking a Risk Lead to help build and shape our UK risk framework and embed a strong risk culture across our fast-growing UK operations.

About the Team

The UK Risk team plays a key role in supporting business resilience and regulatory compliance. Reporting to the UK Chief Risk Officer (CRO) youll collaborate with both UK and Group-level stakeholders to develop enhance and embed a robust Risk Management Framework tailored to our UK entity and branch.

Your Mission

As Risk Management Lead youll:

Framework Development & Implementation

• 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

Monitoring & Governance

• 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

Stakeholder Enablement

• 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

What You Bring

• Minimum 5 years of experience in Risk Management in Financial Services

• Strong knowledge of UK insurance regulations and frameworks

• Experience in UK General Insurance is a strong advantage

• Exposure to GRC tools Microsoft Excel and risk analytics

• Confident in working across teams and producing clear governance documentation

• Able to simplify complex topics for different stakeholders

Who You Are

• 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

Why Join Wakam

• Be a foundational part of our UK Risk function shaping frameworks from the ground up

• Collaborate with Group-level leaders while working in an agile local team

• Contribute to high-impact strategic work with exposure to Board-level stakeholders

• Join a bold fast-paced insurer that values innovation autonomy and purpose

• Enjoy flexibility (remote/hybrid options) career mobility and an international environment

Hiring Process

1. Initial discussion with a Talent Acquisition Partner

2. Interview & technical discussion with theUK Chief Risk Officer

3. Team & culture fit interview with the Risk Team

4. Final interview in our London office with our Chief Risk Officer and UK Head of People & Branch Manager

Location: UK (London hybrid or remote with occasional trave to London & Paris)

Apply now and be part of building smarter stronger insurance with purpose.

Recruitment Agencies:

Wakam has an in-house recruitment team which focuses on sourcing great candidates directly.Wakam does not accept unsolicited resumes from agency or search firm recruiters.

Fees will not be paidin the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies we have a PSL in place soplease do not contact our managers directly.