Who are we?

Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug® technology platform for more than 80 partners. We provide most of our insurance products through API, and hosts white label insurance solutions via our Play&Plug technology platform.

With a footprint spanning 32 countries and revenue of more than €900 million in 2023, mostly generated outside France, Wakam is the European leader in digital and embedded insurance.

Strongly committed to social responsibility, Wakam is a mission-driven company dedicated to “enabling transparent and impactful insurance".

About the team

The Reinsurance team is managing and optimizing reinsurance strategies to mitigate risk and enhance financial stability. The Reinsurance team plays a crucial role in securing partnerships to protect Wakam against large-scale financial exposures.

✎ Missions

Function Overview:

Join Wakam, a modern, innovative insurance company with reinsurance at its core, seeking a Reinsurance Lead Manager to drive the sustainability and growth of the business. As part of the Reinsurance department, you will report directly to the Chief of Reinsurance and play a pivotal role in maintaining as well as enhancing relationships with reinsurers, essential to Wakam's business model.

Key responsibilities:

• Build trust relationships with the company's reinsurance partners and prospect for new ones;
• Define and optimize your scope of reinsurance programs, prepare renewal files, run actuarial analysis, and participate in negotiations for the placement of reinsurance programs;
• Contribute to new partnership assessment and develop reinsurance structures when needed;
• For your scope of treaties, define and revise reinsurance clauses, participate in treaty writing, and ensure there are no undesired protection gaps;
• Ensure your scope of treaties back office is correctly and timely managed and maintain good collaboration with the accounting team.
• Develop performance and accounting monitoring of your treaties to report to reinsurer on a regular basis;
• Maintain reinsurance policy in line with the company's risk appetite and ensure compliance of practices;
• Transform reinsurance processes to improve service quality by leveraging the company's digitalization projects;
• Organize internal communication to raise employee awareness about reinsurance mechanisms.

✯ Profile

• Actuarial, Insurance Business, Management or equivalent degree, with 7 to 12 years of experience acquired in insurance or reinsurance on a similar function
• Robust knowledge of P&C insurance product and economics, with an experience in pricing or solvency 2.
• Ability to navigate in a fast-paced environment is an advantage
• Strong analytical and organizational skills
• Exceptional communication and interpersonal abilities
• Collaborative work approach across multiple departments

Working mindset:

• Proactivity to propose options and justify assumptions
• Rigour and autonomy.
• Ability to work in a team.
• Adaptability in a rapidly changing environment.
• Ability to communicate, both written and spoken.

Hiring Process

1. Interview with Talent Acquisition Expert.
2. Manager interview with Head of Reinsurance
3. Peer Interview with a team member 
4. HR culture fit interview with Head Of Talent.

=> Welcome @Wakam 🙌