Is possible to achieve this lens look on after effects?

You can try creating this with native tools in Premiere Pro:

1. Find and import an animated radial zoom
   
   • Example (free): Star Glow / Lens Flare (Pixabay)
   • Go to Graphics and Titles > New Layer > From File and choose the radial zoom file.
2. Create a circle mask
   
   • Select the graphic and in the Properties panel, draw a circle.
   • Turn off Fill, turn on Stroke.
   • Turn on Shadow, set Angle and Distance to 0, then increase Size to soften edges.
   • Turn on Mask with Shape to mask the radial zoom with the circle.
   • Animate the circle’s position slightly so the ring of light moves with the camera.
3. Adjust color, blur, and distortion
   
   • Add the ProcAmp effect and adjust the Hue until the radial zoom turns red.
   • Add Gaussian Blur to soften the image.
   • Add Lens Distortion and reduce Curvature to bend and stretch the circle.
4. Blend the graphic
   
   • In Effect Controls, set Opacity > Blend Mode to Screen.
5. Create additional colored rings
   
   • Duplicate the graphic to the next track.
   • In Lens Distortion, lower Curvature more to separate the rings.
   • In ProcAmp, adjust the Hue to green.
   • Duplicate again, lower the Curvature even more, and set the Hue to blue.
6. Add your footage and final effects
   
   • Place your footage on a track below the graphics.
   • (Optional) Add Lens Distortion to the footage and reduce Curvature for a wide-angle effect.
   • Add the Lens Flare effect and animate it slightly to move in sync with the graphics.