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.
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.
As Risk Management Lead, you’ll:
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.
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