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 🙌