Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug® technology platform for more than 150 distribution 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".
Group Head of Underwriting (Consumer Products) - Europe
About the Role:
You will join the Wakam Underwriting leadership team to help us profitably grow our business across Europe and support our UK business. You will report to the Group CUO.
This Europe-based position can be on a hybrid or remote basis with one week per month expected to be used for face-to-face meetings, either in London or Paris. Flexibility will be offered and will be required.
Responsibilities:
- Leading the underwriting strategy for insuring Consumer products (extended warranty, accidental damage, theft/loss covers) working with our pricing, product, claims and other teams. You will also be involved in other affinity type product lines.
- Growing the lines of business profitably and in-line with our financial objectives.
- Full portfolio management of lines of business, working with our profitability actuaries.
- Full accountability for the underwriting results for your lines of business.
- Acting as a product and market expert across the UK and Europe.
- Interacting with the market (MGAs, Brokers and Direct clients).
Requirements:
- Underwriting and/or pricing experience with an insurance company in a similar role
- Advanced underwriting experience of relevant products, personal and commercial
- Advanced analytical and portfolio management skills
- Must have some experience in underwriting digital enabled products along with a strong understanding of disruptive trends within insurance
- Proven leadership skills
- Strong stakeholder management skills
- French or other European languages is an advantage but not essential
Recruitment Process
- Interview with Talent Acquisition Expert
- Technical & fit interview with VP Underwriting
- Fit interview with Chief Underwriting Officer Global or UK
- HR culture fit interview with Head of Talent
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!
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 🤜🤛 !
- 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.
What We Do
Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug® technology platform for more than 150 distribution partners and over 8 million policyholders. With a foothold in 32 countries and a 2021 turnover of €455 million, the majority of which was generated outside France, Wakam is the European leader in digital and embedded insurance. The company has been growing rapidly for more than seven years. Led by Olivier Jaillon, Wakam is a Mission-driven company since 2021, its corporate purpose is "enabling transparent and impactful insurance". We have a strong corporate culture built around 11 cultural markers that promote collaboration, curiosity, learning, open-mindedness and innovation
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