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Risk & Cost Management Analyst
3 months ago
Join our dynamic team at AXA as a Risk and Cost Management Analyst, where you'll play a pivotal role in supporting the HR Chief Operating Officer and senior managers within the HR area.
You'll serve as the first line of defence on all HR risk, compliance, and audit activities, while also embedding and supporting teams with the operational risk management framework in accordance with the AXA Group Standard.
As a Risk and Cost Management Analyst, you'll leverage your technical knowledge to assess the implications of risk and demonstrate a comprehensive understanding of how risk management can effectively contribute to business management.
Working closely with key stakeholders, you'll be instrumental in fostering a risk-based culture, conducting risk and control identification and assessments, developing action plans, and monitoring these activities via the SCALA tool.
You'll also provide support in managing the HR Team business as usual and project costs against budgets
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, either at one of our office locations, visiting clients or attending industry events.
We're also happy to consider flexible working arrangements, such as part-time or condensed hours, which you can discuss with Talent Acquisition.
What you'll be doing:
Perform fieldwork to collect risk data from all HR C of E teams, processes and functions and investigate concerns raised by the teams or through data analysis.
Support the business in completing risk and control assessments, including conducting risk identification workshops, and keeping the SCALA tool updated whist ensuring the local controls are defined, documented, and evaluated regularly.
Prepare regular and ad hoc business risk reports for submission to senior management.Work with heads of People team to review risks and controls, considering ongoing projects and change and provide input where necessary.
Ensure escalation of Control issues and provide action plans to the People COO, to ensure awareness of what plans are in place to deal with deficiencies.
Lead the Controls Framework across People Operations team ensuring controls are reviewed on a regular basis, that they are being operated correctly and that they fully mitigate the risk and control objectives.
Support the People Team in managing their regular and project expenses by budgeting, forecasting, and handling monthly accounting tasks such as accrual, cross charging, reporting, and analysis, to support decision making and collaborate closely with finance stakeholders.
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.
About you
What we're looking for:
Knowledge of Operational Risk Management and its implementation.
Understanding of Solvency II.
Proactive approach to eliciting information from stakeholders.
Strong numeracy and report writing skills.
Knowledge of systems applications such as Excel, PowerPoint, and Teams.
Good influencing and presentation skills.
Proven analytical skills.
Attention to detail and an ability to manage your own time effectively to meet required deadlines.
As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.
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 GBP40,000 dependent on experience
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 .About AXA
AXA UK Support Functions power AXA's three customer-facing business units, providing the infrastructure, support and expertise to ensure our customers can always count on us.
Whether you've got heaps of experience and qualifications behind you, or you're just starting out, we'll give you the support and opportunities to help you grow and develop with confidence.
