Enterprise Risk Analyst - 12 month FTC

AXA; Wells; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance company in the UK seeks an Enterprise Risk Analyst on a 12-month fixed term to support risk management across its health business. This role involves auditing, reporting, and fostering relationships to enhance the understanding of enterprise risk. Applicants should have experience in assurance audits and strong communication skills. A competitive salary and flexible work arrangements are offered.

Benefits

Competitive annual salary

Discretionary bonus

Contributory pension scheme

Life Assurance

Private medical cover

25 days annual leave

AXA employee discounts

Qualifications

• Experience in risk-based assurance audits, particularly in change and technology risks.
• Familiarity with incident risk analysis and root cause assessments.
• Understanding of insurance/healthcare regulations would be advantageous.
• Proficient communication skills and stakeholder engagement.

Responsibilities

• Support assurance audits and strategic relationships.
• Monitor and analyze enterprise issues and recommend process improvements.
• Develop reporting for internal governance meetings.

Skills

Risk-based assurance audits

Stakeholder management

Risk analysis

Strong communication skills

Proactive with continuous improvement

Job description

We're recruiting for an Enterprise Risk Analyst on a 12-month fixed term basis to join our 1st line Enterprise Risk team, who are responsible for driving the Risk & Control agenda across the UK health business. A key responsibility for this role will involve working with the Head of Strategic Risk & Resilience and the Business Risk and Controls team to deepen the capability of the health business to understand and manage its enterprise risks, whilst maintaining a strong and pervasive focus on positive business and customer outcomes.

The purpose of this role is to prove support across a variety of enterprise risk areas including risk audits and deep dives in line with risk frameworks and assurance models, assist with implementing improvements for enterprise risk oversight processes and controls, analysing key MI and reporting findings to help AXA Health meet its business strategy and regulatory obligations.

At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) in the future. Away from home means either attendance at one of our office locations, visiting clients or attending industry events. We're also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.

What you'll be doing:

• Working with Risk Oversight Managers, AXA UK and business subject-matter experts to support assurance audits and deep dives to ensure that regulatory requirements and internal frameworks are adhered to.
• Providing responsive and agile support the Health Executive Committee on emerging risks, areas of concern and new strategic relationships.
• Collate and analyse MI and create reporting for internal governance meetings to include providing a view of enterprise risk which draws out actionable insight.
• Monitor and analyse enterprise issues and incidents, identify root causes and detect trends. Recommend improvements to processes and controls and keep action owners accountable to ensure changes are made timely.
• Form strong stakeholder relationships across the business to ensure consistent understanding of enterprise risk, control and conduct related matters and engage across the three lines of defence, as appropriate.
• Support the embedding of standards and impact assessments to evaluate how changes, transformations, and new initiatives affect resilience, customer outcomes, and risk profiles.
• Support Risk Oversight Managers to drive resilience across large-scale change programmes, including digital transformation, ensuring robustness and recovery capabilities are integrated.
• Support risk management for daily and transformation activities by tracking, mitigating, and recording risks and controls. Assist with risk reporting, root cause analysis, and applying lessons learned for continuous improvement.

What you'll bring:

• Experience in undertaking risk-based assurance audits, ideally in relation to risk standards and impact assessment, change and transformation risk management and technology risks.
• Familiarity of risk analysis of incidents and events requiring root cause and lessons learned assessment.
• An understanding of relevant insurance/healthcare regulation and supervisory expectations for large complex financial institutions and/or clinical providers would be an advantage, particularly in relation to operational resilience or clinical risk.
• Proven stakeholder management and influencing skills including the ability to engage business teams on the value of assurance activity and influence buy-in of proposed solutions to issues.
• Strong verbal and written communication skills, and an ability to create key reporting.
• Commercial and pragmatic outlook, able to work at pace, respond quickly to change and remain delivery focussed.
• Proactive with a focus on continuous improvement and able to prioritise competing interests and be able to handle complexity and ambiguity.
• An ability to support the production of Steering Committee and risk management forum packs.

Internal candidates are encouraged to apply for this role as a secondment opportunity through the internal careers site.

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.

we offer:

• Competitive annual salary
• Discretionary company & performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• Private medical cover
• 25 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• Wellbeing services & resources
• AXA employee discounts

To apply, click on the 'apply for this job' button, you'll then need to log in or create a profile to submit your CV. We're proud to be an Equal Opportunities Employer and don't discriminate against employees or potential employees based on protected characteristics. If you have a long-term condition or disability and require adjustments during the application or interview process, we're proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to [e-mail].

Who we are:

At AXA Health, we're passionate about helping our members to put their health first, whether that's individuals and families, small businesses, or huge corporates. From fast access to diagnosis and treatment, to guidance and tools that can help them manage their health every day, not just when there's a problem, our members can be confident we'll guide them, every step of the way.