United Kingdom Job Openings

AXA UK

Third Party Risk Analyst – Risk

Ipswich

August 28, 2024

About the role
The first line Enterprise Risk team is responsible for driving the risk and control agenda across AXA Health. You'll support the Head of Controls and Third Party to deliver the newly refined third party risk framework, deepening the capability of AXA Health to understand and manage third party and resilience risks, whilst maintaining a strong and pervasive focus on positive business and customer outcomes.
You'll support oversight of third parties to ensure conduct and operational risks are managed. This will include delivering audits and deep dives in line with third party risk frameworks and assurance models, highlighting improvements for third party oversight processes and controls, analysing key management information (MI) and reporting findings to help AXA Health meet 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 40% of your week away from home at one of our office locations.
What you'll be doing:
  • Work with relationship managers, AXA UK and business subject matter experts to deliver assurance audits and deep dives to ensure accountability and regulatory requirements and internal frameworks are adhered to.
  • Provide responsive and agile support to AXA Health's Executive Committee on emerging risks, areas of concern and new third party strategic relationships.
  • Collate and analyse MI, creating reporting for internal governance meetings to give a view of third party risk, drawing out actionable insight.
  • Continuously improve procedures, controls, monitoring, reporting, tooling and governance processes. Create and maintain consistent effective and efficient assurance protocols and testing programmes.
  • Oversight and analysis of third party issues and incidents, including root cause analysis to assess systemic issues. Support with high rated risk incidents and analysis of trends in key risk indicators (KRIs) or incident themes. Provide recommendations for remediation approaches and enhancements to the processes and controls of AXA Health.
  • Form strong stakeholder relationships across the business, to ensure consistent understanding of third party risk, control and conduct related matters and engage across the three lines of defence.
Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we're able to effectively manage interest. Therefore, if you're interested in joining us at AXA, please don't hesitate to apply.
About you
What we’re looking for:
  • Experience in undertaking risk-based assurance audits, ideally in relation to third parties.
  • 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. 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 in particular 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.
  • Ability to prioritise competing interests and be able to handle complexity and ambiguity.
As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.
What we offer
At AXA UK, we’re appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:
  • Competitive annual salary of up to £40,000
  • Annual company & performance-based bonus
  • Contributory pension scheme (up to 12% employer contributions)
  • Life Assurance (up to 10 x annual salary)
  • 25 days annual leave plus Bank Holidays
  • Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
  • AXA employee discounts
  • Gym benefits
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 health condition or disability and require reasonable 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 tanzeela.mehjabeen@axa-insurance.co.uk.
#LI-Hybrid #Feelgood Health
About AXA
With a presence in over 60 countries, and 165,000 employees serving the needs of 107 million customers, AXA is big.
But never too big to care for every single person who works here. So when you join us, we promise to put our collective might behind you and your career.
You’ll work in an open and supportive environment where you’ll be developed, challenged and encouraged to move around to achieve even bigger and better things – nationally and internationally. You’ll learn directly from senior leaders, from the best in our business. And you’ll enjoy real responsibility, really early on.
Every large company today talks about supporting diversity and inclusion. But at AXA UK, these values form an integral part of everything we do. For us, it’s about bringing together the best talent, helping people to realise their full potential by being 100% themselves at work and delivering outstanding service to everyone – regardless of difference.
At AXA Health, we help our members be the best version of themselves by providing access to health and wellbeing support for mind and body. We’re transforming our business by developing easy, efficient, digital experiences for our customers. We’re a collective of specialists passionate about helping our members flourish, whether that’s individuals and families, small businesses or huge corporates.
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