Risk Oversight Manager - Change & Transformation

AXA UK plc; Royal Tunbridge Wells; Hybrid; GBP 42,000 - 50,000; Full time

Job summary

A leading UK insurance provider is seeking a Risk Oversight Manager in Tunbridge Wells to drive the risk and control agenda in the UK Health business. The role involves managing risks related to change and digital transformation initiatives, embedding a risk-aware culture, and ensuring compliance with risk management frameworks. Candidates should have extensive experience and knowledge in risk management, along with strong stakeholder management skills. This position offers a competitive salary and benefits including bonuses and private medical cover.

Benefits

Competitive salary up to £50,000

Annual performance-based bonus

Contributory pension scheme

Private medical cover

28 days annual leave plus Bank Holidays

Qualifications

• Extensive knowledge of embedding risk practices within change projects.
• In-depth understanding of relevant regulations (FCA/PRA) in insurance.
• Proven experience in risk oversight during transformation projects.

Responsibilities

• Embed a risk-aware culture within change initiatives.
• Identify, assess, and manage risks associated with projects.
• Drive the implementation of a Risk and Control Self-Assessment (RCSA).
• Facilitate workshops for risk mitigation strategies.

Skills

Risk Management Frameworks

Stakeholder management

Analytical proficiency with Key Risk Indicators (KRIs)

Excellent communication skills

Job description

Do you have expertise in creating risk-based, pragmatic standards, policies and frameworks, particularly with regards to First Line Risk? We’re looking for a Risk Oversight Manager to drive the Risk & Control agenda across the UK Health business, focusing on managing risks associated with change and (digital) transformation initiatives. You’ll play a critical role in fostering a resilient risk culture within AXA UK Health, enhancing the capability to identify, assess, and manage risks related to transformation projects, digital initiatives, and operational change.

Responsibilities

• Embed a risk-aware culture within change and digital transformation initiatives, ensuring consistent application of the Risk and Controls Framework.
• Partner with stakeholders to identify, assess, and manage risks associated with change projects, ensuring controls are aligned with strategic objectives.
• Lead risk and control reviews, providing insights through MI and supporting risk-informed decision-making at enterprise and local levels.
• Drive the implementation of a Risk and Control Self-Assessment (RCSA) program tailored to change and digital initiatives, supporting robust risk mitigation plans.
• Facilitate cross-functional workshops to map processes, identify control gaps, and develop strategies for risk mitigation and process improvements.
• Support risk reporting to Boards and Committees, clearly articulating change-related risk exposures and oversight of mitigation actions.
• Ensure compliance with risk management frameworks, including incident management and remediation activities, especially within change programs.
• Maintain strong stakeholder engagement across the business, internal teams, and governance bodies, promoting effective risk oversight and continuous improvement.

Qualifications

• Extensive knowledge of Risk Management Frameworks, tools, and techniques, with experience embedding risk practices within change and transformation projects.
• Strong stakeholder management and influencing skills, capable of communicating complex risk concepts and fostering a risk-aware culture across diverse audiences.
• In-depth understanding of relevant regulations (FCA/PRA) within insurance, healthcare, and financial services, especially during large-scale change and digital initiatives.
• Excellent communication skills, with the ability to prepare and deliver clear risk reports for senior leadership, Boards, and Risk Committees.
• Analytical proficiency in interpreting Key Risk Indicators (KRIs), identifying emerging risks, and determining appropriate escalation or mitigation actions.
• Pragmatic, adaptable, and commercially minded, focused on delivering value, controls, and risk mitigation in fast-paced change environments.
• Proven experience in risk oversight for transformation and digital projects, assessing risks related to new technologies and operational changes.
• Ability to challenge project teams and senior stakeholders, ensuring risk considerations are integrated into decision-making and governance processes.

Requirements

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

Equal Opportunity

AXA UK is an Equal Opportunities Employer. We promote diversity and inclusion and provide a fair recruitment process. We encourage applications from individuals of all backgrounds and view disability as an asset. We are proud to be a Disability Confident Leader.

Benefits

• Competitive annual salary of up to £50,000, dependent on experience.
• Annual company & performance-based bonus.
• Contributory pension scheme (up to 12% employer contributions).
• Life Assurance (up to 10× annual salary).
• Private medical cover.
• 28 days annual leave plus Bank Holidays.
• Option to buy up to 5 extra days leave or sell up to 5 days leave.
• Wellbeing services & resources.
• AXA employee discounts.

Work Arrangements

Work at least two days a week (40%) away from home, with the possibility of moving to three days a week (60%) in the future. Remote work arrangements can be discussed with Talent Acquisition.