Profitability Actuary - Remote (EU)

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.

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

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

• 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

• 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

• 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

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.