Job Application for Pricing Actuary at Wakam

Who are we?

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".

✯ About the Team

The Underwriting team at Wakam is at the heart of risk evaluation and decision-making, leveraging internal data and industry insights to make informed, strategic choices. Our mission is to provide comprehensive and competitive insurance solutions that balance risk and profitability.

As specialists in risk assessment and pricing, we focus on driving profitability while offering clients the best possible coverage. From in-depth data analysis to developing cutting-edge underwriting strategies, we are committed to delivering innovative solutions and outstanding service to meet our customers’ needs.

✎Your Mission

As a Pricing Actuary, your goal will be to provide expertise on large-scale, pan-European tender issues. Reporting to the Head of Pre-Sales within the Product & Pricing Office, you’ll also be involved in the early stages of insurance product development. You'll model algorithms and design pricing approaches to assess and measure the risks of Wakam’s potential new business opportunities.

In support of the Head of Pricing, your key responsibilities will include:

Leading technical studies to respond to tender offers.
Conducting risk analysis and pricing studies for the development of new property and casualty insurance products (IARD).
Presenting the results of your analyses to the product director and validation committees for new opportunities.
Collaborating with commercial teams on revaluation and portfolio adjustments that require special monitoring.
Assisting the commercial division in client presentations or revaluation actions.
Providing technical recommendations for product creation and evolution, as well as designing management tools and methods.

✯ Profile

You have a degree in Actuarial Science (or equivalent) such as a Master’s degree in Applied Mathematics, Statistics, or Actuarial Studies, and you possess strong skills and interest in modeling and pricing analysis.
You have experience in non-life insurance pricing (IARD).
Proficiency in programming languages such as R, Python, SAS is essential, and you enjoy working in a team, especially in a project-driven environment.
You are organized, detail-oriented, and recognized for your curiosity and strong analytical and synthesis skills.
Fluency in English (both spoken and written) is required.

Your Personal Qualities

Exceptional analytical skills with the ability to interpret complex legislative texts.
Excellent communicator, adept at collaborating with internal teams and external regulators.
Proactive and detail-oriented, with strong organizational abilities.
Diplomatic, with a talent for managing complex relationships with regulatory authorities.

Why Join Wakam

Dynamic and innovative company culture.
Opportunity to work on challenging projects from the ground up and make a significant impact on the business.
Supportive and collaborative team environment with opportunities for growth and development.
Opportunity to work with highly experienced team of seasoned industry professionals

You are looking to join a young, start-up-like company in a cross-functional role that will offer you the opportunity to enhance your skills by working directly with various teams and processes at Wakam, while applying actuarial methodologies.

Recruitment Process

Initial interview with HR.
Meeting with our Head of Pre-Sales Pricing.
Technical interview with the Advanced Pricing Analytics team.
Culture Fit interview to ensure alignment with Wakam’s values.

=> 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.

Positive energy, agility, and team spirit are essential to support Wakam in its hyper-growth!

You have the Wakam mindset? Join us!

More about 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!

What we are looking for ?

Mindset compatibility with our ‘Free to Impact’ culture:

Think big
Biased for action
Curious and eager to learn
Can say no and find solutions
Aims for the moon (but please don’t stick on the moon)
And above all: have fun working together 🤜🤛 !

Good to know !

Wakam is not based on a hierarchy but on a methodology where everyone finds their role and knows their objectives.
With a flat hierarchical system and a highly collaborative operating model, Wakam is an extremely agile and transparent company.
Every last Friday of the month, it's Free.day @Wakam, a day without meetings to take a step aside and dedicate ourselves to skills sponsorship or other activities (because we are curious, I remind you).
Full-remote is a reality at Wakam (there is even one Wakamee who works from his sailing boat ⛵) with our Wakam From Anywhere (WFA) program.
Last but not least : we are nice and we have fun! (you'll find out by yourself 😉)

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.

Pricing Actuary