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.
To apply for this job please visit euremotejobs.com.