Reserving Actuary - Remote from EMEA

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!

⌖ The Mission

You will report to the Reserving squad of the Wakam Underwriting Office, whose main tasks are to :

• Carry out technical/actuarial analyses to improve the robustness of quarterly reserving evaluations

• Prepare, analyse and check Best Estimate calculations for the economic balance sheet and Solvency 2 reporting purposes

• Participate in monthly monitoring of technical indicators (frequencies, average costs, IBNR consumption rates, etc.)

• Help improve provisioning processes and tools

• Validate the quality of the data used for calculations

✯ The Profile we are looking at

• 5 years' higher education: Actuary, Mathematics, Statistics or Econometrics

• A minimum of 5 years' experience in non-life insurance reserving is required

• Proficiency in SAS, R and SQL query and modeling languages

• Fluency in English

Your working mindset :

• Ability to analyse and synthetise

• Good interpersonal skills for teamwork, but also autonomous and able to work independently

• Be methodical, rigorous and articulate when presenting results

You are looking to join a modern, dynamic scale-up company, in an environment that will give you the opportunity to work directly with all business lines, while applying actuarial methodologies.

Interview process

1. Screening interview with Talent recruiter

2. Technical interview with Reserving team lead

3. Fit interview with Chief Reserving Officer

4. Fit interview with Reserving team members

5. HR interview with Head of Talent or 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:

1. Think big

2. Biased for action

3. Curious and eager to learn

4. Can say no and find solutions

5. Aims for the moon (but please don’t stick on the moon)

6. 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 😉)