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 API, and hosts white label insurance solutions via our Play&Plug technology platform.
With a footprint spanning 32 countries and revenue of more than €900 million in 2023, mostly generated outside France, 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".
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 or services 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.
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 adventurous, then the Wakam adventure might be made for you!
In the context of Wakam's hyper growth, our ambition is to build a robust organization to meet our needs in the UK. The challenge is great, the playing field is vast, and the prospects for long-term development are open !
We are seeking a highly motivated and detail-oriented Credit Control Specialist to join our finance team. The successful candidate will play a key role in managing the credit control function, ensuring timely payment from clients, and minimizing bad debt exposure.
The Junior Credit Control Reinsurance will work collaboratively with reinsurers to maintain strong financial relationships.
1. Credit Management and Invoicing and Statement Reconciliation :
- Assess credit risk for new and existing partners, utilizing financial data and credit reports.
- Establish and monitor credit limits in accordance with company policies.
- Reconcile client statements and resolve any discrepancies in a timely manner.
2. Collection Activities and Account Receivable Monitoring :
- Implement proactive and strategic collection efforts to ensure timely payment of outstanding balances.
- Communicate effectively with partners to address payment issues and negotiate repayment plans when necessary.
- Monitor accounts receivable aging and take appropriate actions to minimize overdue payments.
3. Reporting :
- Prepare regular reports on the status of accounts receivable, bad debt exposure, and collection activities.
- Provide management with insights and recommendations for improving credit control processes.
4. Customer Relationship Management:
- Build and maintain strong relationships with partners and internal stakeholders (Underwriting and Claims teams).
5. Credit Policy Compliance:
- Ensure compliance with company credit policies and procedures.
- Recommend updates to credit policies based on industry trends and company needs.
6. Legal Actions and Debt Recovery:
- Initiate legal actions and coordinate debt recovery efforts when necessary.
- Liaise with external agencies and legal counsel to expedite the resolution of delinquent accounts.
Positive energy, agility, and team spirit are essential to support Wakam in its hyper-growth!
You have the Wakam mindset? Join 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!
Mindset compatibility with our ‘Free to Impact’ culture:
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.
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