Who We Are
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 APIs and host white-label insurance solutions via our Play&Plug platform.
With a footprint spanning 32 countries 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
You will join the Office Transformation Risk & Compliance and more specifically the Risk & Internal Control squad.
This team is responsible for:
- Designing and maintaininginternal control frameworks(1st and 2nd line of defence).
- Supportingrisk management and operational risk reviewsacross the company.
- Ensuring that our fast-growing business and innovative insurance products are delivered in acontrolled compliant and secureway.
The squad works closely with many stakeholders across Wakam: operations product tech finance legal and our distribution partners (brokers insurtechs retailers).
Your Mission
As an Internal Control Intern for 6 months you will contribute to strengthening Wakams risk management and internal control environment in a dynamic high-growth Insurtech context.
Your main responsibilities will include:
Internal Control Framework
- Formalise and update Level 1 and Level 2 controls(design documentation testing approach).
- Support partner-related controls helping to ensure that our distributors and other key partners meet Wakams standards and obligations.
- Review and update existing control documentation ensuring consistency clarity and proper alignment with processes and risks.
Risk & Awareness
- Contribute tointernal awareness initiativesfor 1st line managers and teams (training materials presentations guidance) to help them better understand their role in internal control.
- Participate in thereview of operational risks contributing to the identification assessment and follow-up of key risk areas.
Optimisation & Innovation
- Help identifyopportunities to optimise and streamline internal control activities including:
- Simplification and standardisation of controls
- Better use of data and automation
- Contribute toexploring and implementing new tools including theuse of AI to improve monitoring documentation and analysis of controls and risks.
What You Bring
- You are currently pursuing aMasters degree (Bac4/5) ideally from aBusiness School university program in audit risk management finance or a related field.
- You havebasic knowledge of risk management and internal control concepts(3 lines of defence control frameworks operational risk etc.).
- You demonstrate stronganalytical skills and critical thinking and are comfortable structuring information and asking the right questions.
- You have goodinterpersonal and communication skills enabling you to interact with various teams and stakeholders.
- You are comfortable working inFrench and Englishin a professional context (written and spoken).
Who You Are
You will thrive in this role if you:
- Arecurious and eager to understand how a fast-growing Insurtech operates from products to processes to risks.
- Arerigorous organised and reliable especially when dealing with documentation and controls.
- Have apragmatic mindset able to balance theory (frameworks methodology) with operational reality.
- Enjoyworking with and supporting operational teams and are able to adapt your communication to different audiences.
- Appreciateteamworkand like contributing to aconstructive positive and collaborative environment.
AI & Digital Mindset
Within the Office Transformation Risk & Compliance digitalisation and innovation are this internship you will:
- Work withdigital tools and collaborative platformsto document and track controls and risks.
- Participate inoptimisation initiatives including exploring howAI or automationcan support internal control (e.g. document analysis anomaly detection data-driven monitoring).
- Be encouraged to look forefficient tool-based waysto improve risk oversight documentation quality and interaction with operational teams.
You are naturally interested in how technology can enhance risk management and internal control without compromising rigour and governance.
Why Join Wakam
As an Internal Control Intern at Wakam you will:
- Gain aglobal qualitative view of risk management including:
- Internal control
- Operational risk
- Methodology and frameworks
- Support to operational teams
- Take anactive concrete rolein the day-to-day work of the Risk & Internal Control squad (not just observation).
- Discover howinternal control and risk management work in a fast-growing Insurtech in astimulating and innovative environment.
- Developtransferable skillsin audit risk and internal control that will be highly valuable for future roles in consulting industry or financial services.
- Join amission-driven companywhere your work contributes tosafer and more transparent insurance.
Hiring Process
Our hiring process is designed to be selective transparent and respectful of your time:
Initial interview with our Talent Acquisition Partner
To review your background motivations and interest in risk & internal control and to introduce Wakam and the Office Transformation Risk & Compliance.
Interview with our Chief Risk Officer (your future manager)
To discuss your skills and mindset in more detail present the missions and expectations and assess the mutual fit.
A short additional discussion with a team member or senior stakeholder may be organised before finalising the offer.
> Welcome @Wakam
More About Us
Check out our website to learn about the11 cultural markers that make Wakam truly special! If youre adventurous impact-driven and ready to shape the future of insurance wed love to meet you!
What Makes Us Unique:
Flat hierarchical system promoting direct impact and autonomy
Monthly : dedicated time for personal growth and skills development
Lunch voucher with Swile card
A meaningful company: we became a Mission-driven company in March 2021
Work alongside passionate experts:who will share their knowledge and help you develop and grow in your career.
At Wakam our Free to Impact culture is built on four essential pillars that shape everything we do :
Communication & Knowledge Management
Foster transparent collaboration across our flat organizational structure
Share knowledge freely in our highly collaborative environment
Contribute to our collective intelligence through open dialogue
Curiosity
Embrace our monthly for learning and skills sponsorship
Think big and challenge conventional insurance norms
Stay eager to learn and explore new possibilities
Continuous Improvement
Take initiative to transform the insurance industry
Turn challenges into opportunities for innovation
Constantly evolve our ways of working
Outcome Oriented
Focus on impact rather than hierarchy
Drive results through clear objectives and autonomy
Transform bold ideas into concrete solutions
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.