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'llMonitoring & GovernanceStakeholder EnablementWhat You Bring? Who You AreWhy Join Wakam? Hiring Process

• 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
• 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
• 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
• 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
• 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
• Initial discussion with a Talent Acquisition Partner
• Interview & technical discussion with the UK Chief Risk Officer
• Team & culture fit interview with the Risk Team
• 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 .

About

More About Us Check out our website to learn about the 11 cultural markers that make Wakam truly special! If you're adventurous, impact-driven, and ready to shape the future of insurance, we'd love to meet you! What Makes Us Unique:

• True remote work flexibility with our Wakam From Anywhere (WFA) program - yes, we even have a teammate working from a sailboat!
• Flat hierarchical system promoting direct impact and autonomy
• Monthly Free.day: dedicated time for personal growth and skills development
• Lunch voucher with Swile card
• A meaningful company: we became a Mission-driven company in March 2021
• Work alongside passionate experts: who will share their knowledge and help you develop and grow in your career.
  
  

At Wakam, our "Free to Impact" culture is built on four essential pillars that shape everything we do : ? Communication & Knowledge Management

• Foster transparent collaboration across our flat organizational structure
• Share knowledge freely in our highly collaborative environment
• Contribute to our collective intelligence through open dialogue
  
  

Curiosity

• Embrace our monthly Free.day for learning and skills sponsorship
• Think big and challenge conventional insurance norms
• Stay eager to learn and explore new possibilities
  
  

Continuous Improvement

• Take initiative to transform the insurance industry
• Turn challenges into opportunities for innovation
• Constantly evolve our ways of working
  
  

Outcome Oriented

• Focus on impact rather than hierarchy
• Drive results through clear objectives and autonomy
• Transform bold ideas into concrete solutions
  
  

At Wakam, we are committed to fostering an inclusive environment where diversity is celebrated. If you require any reasonable adjustments during the recruitment process, please feel free to reach out to your recruiter.

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