Job description
🌍 Who We Are
Wakam is a B2B2C digital insurer that creates embedded and white-label insurance solutions for over 80 partners across Europe. Powered by our proprietary Play&Plug® technology platform, we offer API-based products and host end-to-end insurance solutions entirely in the cloud.
Operating in 32 countries and generating more than €900M in revenue in 2023, Wakam is a European leader in digital and embedded insurance — with a business model driven by transparency, tech, and impact.
We are also a mission-driven company, committed to “enabling transparent and impactful insurance” across all of our partnerships.
👥 About the Team
The Profitability team, within the Technical Department, plays a key role in monitoring and improving the performance of Wakam’s insurance products distributed through our partner network.
As actuaries, we:
- Analyze claims and performance trends
- Identify risk or pricing imbalances
- Propose corrective actions to meet our profitability objectives
- Collaborate with internal and external stakeholders to ensure our products are both competitive and sustainable
🧰 Your Mission
As Profitability Actuary, you’ll report to the Profitability Team Lead and be responsible for managing the technical performance of a portfolio of partner-distributed products.
You will:
- Act as the actuarial lead for your assigned portfolio of partnerships
- Drive pricing development and technical support in collaboration with the Business Development and Partner teams
- Monitor profitability and claims ratios via dashboards and in-depth actuarial studies
- Raise alerts and propose corrective actions in case of profitability deviations
- Present technical results and performance insights to internal committees and external partners
- Support reserving work in coordination with the Reserving team for your portfolio
- Contribute to cross-functional projects involving Underwriting, Product, and Data teams
🧠 What You Bring
- A degree in Actuarial Science, Statistics, or Data Science
- Prior experience in P&C insurance, preferably in Motor pricing or profitability (nice to have, not required)
- Familiarity with data platforms like Snowflake, as well as visualization tools like PowerBI
- Proficiency with actuarial tools: EMBLEM, AKUR8, or equivalent linear modeling platforms
- Strong command of Python or R and exposure to machine learning methods
- Familiarity with data visualization tools like Power BI or Tableau
- Excellent communication and prioritization skills
- Fluency in English (required); French is a strong plus
✨ Your Working Style
- Rigorous, detail-oriented, and analytical
- Comfortable working autonomously and taking initiative
- Excited by innovation and new technologies
- Collaborative team player who thrives in cross-functional settings
🌟 Why Join Wakam?
- Join a fast-growing, tech-first insurer with pan-European reach
- Work at the crossroads of actuarial excellence, data science, and product strategy
- Collaborate with experts in an international, dynamic environment
- Contribute to purpose-driven innovation in the insurance space
- Enjoy flexible working conditions, autonomy, and real career progression
🧭 Hiring Process
- Interview with our Talent Acquisition Partner
- Technical interview with members of the Profitability & Technical teams
- Business case presentation to showcase your analytical thinking and communication
- Culture fit interview with HR Business Partner and a cross-functional stakeholder
📩 Ready to shape the future of insurance profitability? Apply now and help us build smarter, more sustainable products — together.
→ Welcome @Wakam 🙌
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.
