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.

We’re 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), you’ll 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, you’ll:

🛠️ 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 the UK 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 paid in 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, so please do not contact our managers directly.