Profitability Actuary - Remote (EU)

🌍 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

1. Interview with our Talent Acquisition Partner
2. Technical interview with members of the Profitability & Technical teams
3. Business case presentation to showcase your analytical thinking and communication
4. 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.