Wakam is a European B2B2C insurer that designs white
label general insurance (GI) products for its partners
(e-retailers, brokers and fintechs/insurtechs, ...). Our insurance
solutions are embedded within the products orservices offered to
the end- customer. Wakam operate in 32 countries across
Europe with most of the revenues generated outside of France. Most
of our products are delivered through API and hosts white label
insurance solutions via our Play&Plug platform. Since
March 2021, we are a Mission-driven company. We defined 9 concrete
commitments to illustrate thismission, such as writing our
insurance contracts in plain language. We also create insurance
products at cost for associations. Our culture? Free to
impact. A culture where everything is possible, where all ideas are
taken into consideration, where everyone has an impact! Hungry for
freedom? Thirsty for autonomy? If you are curious, then the Wakam
adventure might be made for you!
Main Tasks & Responsibilities Responsible for the reserving,
reinsurance and capital management strategies in the UK, in
partnership with group functions Maintaining oversight of the
Company’s actuarial and reinsurance function in accordance with the
Company's Terms of Reference and managing, leading and developing
the actuarial, capital management and reinsurance function The
design and delivery of actuarial models, processes and systems
Overseeing the validity of modelling data, stress-testing and
ensuring robust controls are in place Reinsurance portfolio
analysis, annual plans and oversight Making recommendations
regarding solvency, reserve levels, capital assessment and
provision Co-ordinating the calculation of technical provisions
Ensuring the appropriateness of the methodologies and underlying
models used, as well as the assumptions made in the calculation of
technical provisions Assessing the sufficiency and quality of the
data used in the calculation of technical provisions Comparing the
best estimates against experience Informing the governing body of
the reliability and adequacy of the calculation of technical
provisions Overseeing the calculation of technical provisions
Expressing an opinion on the overall underwriting policy and the
types of customers which the Company is prepared to accept
Contributing to the effective implementation of the risk management
system, in particular with respect to the risk management
underlying the calculation of the solvency capital requirements and
minimum capital requirements and the Company's ORSA Ownership of
key risks in accordance with the Risk Management Framework and
Policy; and ensuring that actuarial systems are properly maintained
and supported. Your profile Significant
experience in the UK in a similar role for a non-life insurer, and
ideally already holding SMF20 A Fellow of a relevant Actuarial
Society Strong technical and analytical skills with a global view
of finance/actuarial/underwriting subjects Leadership and
managerial proficiencies, with the ability to influence both direct
and matrixed reporting relationships. Good problem solver with the
ability to understand business drivers and needs and be able to
balance desired outcomes against potential risks and challenges.
Highly developed analytical and problem-solving skills.
Recruitment process: Screening interview with Charlotte,
Talent Expert Technical & fit interview with Aurélie, Pricing
Officer Leadership fit interview with senior executive team member
HR culture fit interview with Laura, Head of Talent & Aurélien,
VP People & Culture Positive energy, agility, and
team spirit are essential to support Wakam in its hyper-growth!
You have the Wakam mindset? Join us!
More about us Our culture? Free to impact. A culture where
everything is possible, where all ideas are taken into
consideration, where everyone has an impact on the transformation
of insurance! Hungry for freedom? Thirsty for autonomy? If you are
adventurous and like challenges, then the Wakam adventure might be
made for you! Discover -on our website- who we really are
with the 11 cultural markers that so well describe us! What
we are looking for Mindset compatibility with our ‘Free to Impact’
culture: Think big Biased for action Curious and eager to
learn Can say no and find solutions Aims for the moon (but please
don’t stick on the moon) And above all: have fun working together
🤜🤛 ! Good to know Wakam is not based on a hierarchy but on a
methodology where everyone finds his role and knows his objectives.
With a flat hierarchical system and a highly collaborative
operating model, Wakam is an extremely agile and transparent
company. Every last Friday of the month, it's Free.day at Wakam, a
day without meetings to take a step aside and dedicate ourselves to
skills sponsorship or other activities (because we are curious, I
remind you). Full-remote is a reality at Wakam (there is even one
Wakamee who works from his sailing boat ⛵) Last but not least : we
are nice and we have fun! (you'll find out by yourself
😉)
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