About the role
Who We Are
Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug® technology platform for more than 80 partners. We provide most of our insurance products through APIs, and host white-label insurance solutions via our Play&Plug technology platform.
With a footprint spanning 32 countries, Wakam is the European leader in digital and embedded insurance.
Strongly committed to social responsibility, Wakam is a mission-driven company dedicated to enabling transparent and impactful insurance.
About the Team
You will join Wakam’s Finance ecosystem, working closely with Reinsurance and Treasury. This role sits at the crossroads of FP&A and Accounting, with a strong operational dimension (cash tracking, settlements) and a strategic one (performance monitoring, decision support).
You will be a key point of contact for reinsurers and brokers, while partnering internally with Finance stakeholders to ensure cash reliability, visibility, and control across Wakam’s reinsurance programs.
Your Mission
As a Reinsurance Cash Manager, your mission is to secure and optimise reinsurance cash flows (premium payables, recoveries, receivables), provide clear financial visibility on reinsurance performance, and act as a trusted interface between reinsurers, Treasury, and internal teams.
You will contribute to the reliability of financial operations and support continuous improvement, including the implementation and maintenance of our reinsurance management tool xLayer.
✏️ Your Responsibilities
1) Cash & Payment Management
You will manage day-to-day cash operations related to reinsurance by monitoring cash flows (premium payables, loss recoveries and receivables), tracking and reconciling reinsurer payments, and following up on overdue balances. You will coordinate with Treasury on cash forecasting and liquidity planning, manage cash calls, collateral requirements and funds withheld accounts, and escalate payment issues—driving resolution with reinsurers and/or brokers.
2) Reinsurance Financial Analysis & Reporting
You will produce management reporting on key reinsurance KPIs and cash positions, deliver variance analysis (actual vs budget vs prior year), and contribute to financial assessments and business cases supporting new reinsurance programs.
3) Reinsurer Relationship Management
You will support the Reinsurance team in day-to-day queries and discussions, lead quarterly/annual settlement reconciliation meetings with reinsurers, and resolve disputes on balances, payment timing and contractual interpretations. You will also support treaty renewals on financial items (e.g., commissions, financial terms), and maintain reinsurer scorecards (timeliness, responsiveness, quality).
4) Process Improvement & Projects
You will drive automation of cash tracking and reconciliation processes and contribute to the xLayer implementation (cash workflows, reporting) as well as ongoing maintenance and improvements. You will identify efficiency opportunities and collaborate with IT/Finance on system enhancements.
5) Control & Compliance
You will ensure adherence to cash management policies and internal controls, validate the accuracy of cash-related balance sheet accounts, and support audit requests related to reinsurance cash and recoverables.
What You Bring
You have a strong foundation in finance/accounting, combined with the ability to manage operational flows and build clear financial narratives. You bring experience in cash management, reconciliations, and financial analysis, ideally in insurance/reinsurance or another regulated financial environment. You are comfortable working with multiple stakeholders (Treasury, Accounting, Reinsurance, brokers/reinsurers) and can handle both “run” activities and improvement projects.
You have strong proficiency in Excel and financial systems/reporting tools, and you communicate confidently in English (French is a strong plus depending on scope and stakeholders). A good understanding of reinsurance mechanics (treaties, statements, settlements, collateral/funds withheld) is expected.
✨ Who You Are
You are rigorous, structured, and reliable, with strong ownership of deadlines and cash accuracy. You are proactive in follow-ups, comfortable handling external counterparties, and able to de-escalate disputes while protecting Wakam’s interests. You enjoy improving processes, and you can translate complex cash/reinsurance topics into clear messages for non-specialists.
✨ AI & Digital Mindset
You naturally look for ways to automate reconciliations, standard controls and reporting. You’re comfortable using digital tools to improve traceability and productivity (data extraction, anomaly detection, standard checks), while maintaining strong governance and auditability.
Why Join Wakam?
This role offers direct impact on cash reliability, financial performance visibility, and partner/reinsurer relationships—at the heart of Wakam’s reinsurance operating model. You will work in a fast-moving, international environment and contribute to meaningful transformation through tooling (xLayer) and process automation.
Hiring Process
Our recruitment process is designed to be clear, structured, and efficient:
- Screening interview with our Talent Acquisition Partner
- Interview with our Chief Financial Officer
- Final interview with our HR Business Partner
AI-Assisted Interview Process Policy | Notion
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
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Aplyr's read
Wakam is a digital insurer focused on innovative insurance solutions, attracting professionals in advanced analytics, underwriting, and digital transformation.
What's promising
- •Wakam's digital-first approach positions it as a leader in innovative insurance solutions.
- •The company offers opportunities in advanced analytics and underwriting, appealing to data-driven professionals.
- •Wakam's focus on automation and digital transformation supports career growth in tech-driven roles.
What to watch
- •The competitive digital insurance market may pressure Wakam's growth and profitability.
- •Limited public information about Wakam's long-term financial stability.
- •Rapid tech changes require constant adaptation, which may challenge employees.
Why Wakam
- •Wakam leverages technology to create bespoke insurance products quickly.
- •The company emphasizes a digital-first strategy, differentiating it from traditional insurers.
- •Wakam's collaborative environment fosters innovation in insurance product development.
Aplyr’s read is generated by AI from public sources. Was it useful?
