Actuarial Data Scientist / Pricing Actuary

Job Description

🧰 Who Are We?

Wakam is a B2B2C insurance company that designs white-label, embedded insurance solutions via its proprietary Play&Plug® technology platform, serving over 80 partners across Europe. We distribute most of our products through APIs and operate fully in the cloud.

Operating in 32 countries — with the vast majority outside of France — Wakam is a European leader in digital and embedded insurance.

We are also deeply committed to social responsibility, embedding transparency and purpose into everything we do.

🚀 About the Role

Wakam is seeking a Actuarial Data Scientist/ Pricing Actuary to join our Advanced Pricing Analytics team. This role sits at the intersection of actuarial pricing and advanced analytics, helping us push the boundaries of technical pricing with AI, machine learning, and automation.

You’ll work closely with cross-functional teams (Underwriting, Data, Product) and have a direct impact on how we price risk, improve portfolio profitability, and innovate across product lines.

🎯 Your Mission

As a Actuarial Data Scientist in a pricing actuarial team, you will:

• Design, build, and maintain pricing and risk models for a wide range of P&C insurance products
• Apply machine learning and AI algorithms to enhance pricing accuracy and risk segmentation
• Lead forecasting initiatives and align insights with broader strategic and financial planning
• Evaluate the Wakam’s aggregate risk exposure to identify potential risk accumulation (e.g. by peril, region, or insured value) and ensure alignment with internal limits and reinsurance treaties.
• Track and analyze exposure levels across portfolios, focusing on sum insured, policy limits, and risk accumulation across geographical areas, product lines, and coverages.
• Automate and optimise the model development lifecycle
• Ensure regulatory compliance and contribute to model governance best practices
• Mentor junior team members and foster a high-performance analytics culture

🧠 What You Bring

• A Bachelor’s or Master’s degree in Actuarial Science, Data Science, Statistics, or a similar quantitative field
• 3+ years of experience in pricing roles within the insurance industry (P&C preferred)
• Strong background in machine learning, statistical modelling, and pricing algorithms
• Expert-level proficiency in Python, R, and SQL
• Familiarity with AKUR8 or other pricing automation platforms is a strong plus
• Knowledge of model governance, back-testing, and actuarial compliance standards
• Ability to embed models into business workflows and live operational systems
• Strong grasp of insurance economics and how pricing impacts profitability

✨ Who You Are

• Naturally curious and analytical — you love turning complex data into actionable insights
• You take full ownership of your projects, from ideation to implementation
• You’re a clear communicator, able to simplify technical concepts for all stakeholders
• You thrive in a collaborative, cross-functional environment
• You’re motivated to share your knowledge and mentor others
• You’re flexible and adapt well to a fast-paced, agile environment
• You are fluent in English; French is a plus or you’re open to learning

🌟 Why Join Wakam?

• Shape the future of pricing innovation, combining actuarial science with AI
• Work in a tech-first, transparent, and purpose-driven environment
• Collaborate with an international team building pan-European insurance products
• Enjoy flexibility, trust, and room for growth in a high-impact role
• Join one of Europe’s most agile and ambitious digital insurers

🏆 Hiring Process

We aim to keep the process transparent, engaging, and efficient. Here’s what to expect:

1. Interview with HR and  Head of Advanced Analytics
2. Case Study withHead Of Actuarial Operations​ and Head of Advanced Analytics
3. Team/ Culture interview with our Pricing Actuary
4. Chief interview with our Chief Underwriting EU

AI-Assisted Interview Process Policy | Notion

Recruitment Agencies:

Wakam has an in-house recruitment team, which focuses on sourcing great candidates directly. Wakam does not accept unsolicited resumes from agency or search firm recruiters.

Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact our managers directly.

More About Us

Check out our website to learn about the 11 cultural markers that make Wakam truly special! If you’re adventurous, impact-driven, and ready to shape the future of insurance, we’d love to meet you!

💫 What Makes Us Unique:

• True remote work flexibility with our Wakam From Anywhere (WFA) program - yes, we even have a teammate working from a sailboat! ⛵

• Flat hierarchical system promoting direct impact and autonomy 🚀

• Monthly Free.day: dedicated time for personal growth and skills development 📚

• Lunch voucher with Swile card

• A meaningful company: we became a Mission-driven company in March 2021

• Work alongside passionate experts:  who will share their knowledge and help you develop and grow in your career.

At Wakam, our “Free to Impact” culture is built on four essential pillars that shape everything we do :

🗣️ Communication & Knowledge Management

• Foster transparent collaboration across our flat organizational structure

• Share knowledge freely in our highly collaborative environment

• Contribute to our collective intelligence through open dialogue

🔍 Curiosity

• Embrace our monthly Free.day for learning and skills sponsorship

• Think big and challenge conventional insurance norms

• Stay eager to learn and explore new possibilities

🔄 Continuous Improvement

• Take initiative to transform the insurance industry

• Turn challenges into opportunities for innovation

• Constantly evolve our ways of working

🎯 Outcome Oriented

• Focus on impact rather than hierarchy

• Drive results through clear objectives and autonomy

• Transform bold ideas into concrete solutions

At Wakam, we are committed to fostering an inclusive environment where diversity is celebrated. If you require any reasonable adjustments during the recruitment process, please feel free to reach out to your recruiter.