Pricing Lead (Motor) - Remote (EU)

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".

The Underwriting team at Wakam, is the cornerstone of risk assessment and decision-making thanks to the internal datas and industry insights to make informed decisions, ensuring Wakam provides comprehensive and competitive insurance solutions.

As experts in evaluating and pricing risk, we're dedicated to ensuring profitability while providing optimal coverage for our clients. From analyzing data to developing underwriting strategies, we're committed to delivering innovative solutions and exceptional service to our customers.

As the Pricing Lead, you will lead the pricing strategy for all Auto products across the UK and Europe (excluding France), driving standardization and technical excellence. You will serve as the actuarial expert for your team and stakeholders while ensuring portfolio profitability and innovation.

• Manage and mentor a team of 4 actuaries responsible for technical pricing and portfolio performance.
• Oversee rate-setting for Auto products (e.g., taxi, temporary insurance, delivery insurance), tailoring approaches for partner-specific needs.
• Drive profitability monitoring by refining existing tools/methods, ensuring risk control and margin improvement.
• Innovate in actuarial practices: leverage Open Data, advanced algorithms, and new pricing models to enhance partner value.

• Lead Budget & Forecast processes for the Auto LOB.
• Act as the key technical advisor to the Head of Auto LOB, partners, and internal teams.
• Coordinate cross-functional collaboration with other Wakam teams (Risk, Data, Finance).

• Price new opportunities (Phases 2 & 3) and existing portfolios.
• Develop and maintain pricing tools and technical databases.
• Lead partner review committees and profit-sharing calculations.
• Conduct portfolio deep-dives and ad-hoc actuarial studies.

• Strategic leadership: Ability to align team goals with Wakam’s vision.
• Stakeholder management: Navigate complex partner/internal dynamics with tailored communication.
• Problem-solving: Analyze risks, propose data-driven solutions, and make decisive calls.
• Project management: Lead cross-functional initiatives with structured execution.
• Communication: Simplify technical concepts for non-experts; lead high-impact presentations.

• Advanced proficiency in Excel, R/Python, and actuarial tools.
• Fluent English (written/spoken).

• Master’s degree in Mathematics, Actuarial Science, or Statistics.
• Significant insurance industry experience, with 5+ years in managerial roles.
• Expertise in European Auto pricing (multi-market experience preferred).

• Shape pricing for a fast-growing, "Capital-light" insurtech.
• Drive innovation with Open Data and cutting-edge models.
• Lead a high-impact team in a pan-European role.

We aim to keep the process transparent, engaging, and efficient. Here’s what to expect:

1. Interview Talent Acquisition Partner

2. Technical interview with Chief Underwriting Officer - Motor and Mobility

3. Team interview with the actuary team

4. Final interview with the Chief Underwritting Officer Europe

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.