Reinsurance Technical Accountant
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
About the Team
Join the dynamic Finance team at Wakam where were the driving force behind strategic financial decision-making and operational excellence. Safeguards Wakams financial health through strategic fiscal management budgeting and financial reporting.
The Finance team plays a crucial role in supporting the companys growth objectives from financial planning and analysis to risk management and compliance were committed to driving efficiency and maximizing value across the organization.
Your Mission
As a Reinsurance Technical Accountant your mission is to execute and secure reinsurance accounting processes end-to-end: produce accurate and timely reinsurance account statements maintain a reliable reinsurance sub-ledger and ensure strong reconciliations and closing support. You will also play an active role in adopting new ways of working through the xLayer rollout and contribute to process improvements.
Your Responsibilities
Reinsurance Settlement Production
You will prepare quarterly semi-annual and annual account statements for the treaties in your scope. You will reconcile bordereaux data (premiums claims commissions) with internal systems calculate premiums payable/receivable and loss recoverables and validate the technical accuracy of settlements. You will coordinate with brokers and reinsurers to answer settlement queries manage adjustments and close open points.
Accounting Entries & Reconciliation
You will maintain accurate balances for reinsurance payables receivables and recoverables and support month-end and quarter-end closing activities. You will also produce clear supporting documentation to ensure auditability and facilitate internal/external audit requests.
xLayer Adoption & Process Improvement
You will participate in xLayer UAT provide feedback on accounting workflows test settlement calculations and accounting interfaces and support the transition to new processes and tools. You will contribute to continuous improvement and where relevant help train team members and business users on updated workflows.
Stakeholder Collaboration
You will act as a primary Finance contact for reinsurer queries and discussions driving conversations needed to reach agreement on statement of accounts with reinsurers and/or brokers. You will liaise with the Reinsurance team on treaty terms and technical questions coordinate with brokers on bordereau submissions and settlement timing and support the Cash Manager on payment tracking and collections.
What You Bring
You bring a solid background in accounting/finance strong attention to detail and comfort working with technical insurance data. You have experience with reconciliations closing processes and audit evidence and ideally exposure to insurance/reinsurance accounting (treaties bordereaux settlements recoverables). You are comfortable working with Excel and finance systems and you can collaborate effectively with multiple stakeholders (brokers reinsurers Treasury Reinsurance Finance).
Who You Are
You are rigorous structured and reliable with a strong sense of ownership and a get-things-closed mindset. You communicate clearly handle counterparties confidently and remain pragmatic when resolving discrepancies and settlement discussions. You also enjoy improving the way things work not just executing them.
AI & Digital Mindset
You are comfortable adopting new tools and using automation to improve accuracy and efficiency (standard checks reconciliations reporting packs documentation support). You value traceability and controls and you contribute to making processes more scalable and audit-readyespecially during system transformation.
Why Join Wakam
You will work at the heart of Wakams reinsurance operating model with direct impact on financial reliability settlement quality and cash visibility. You will also gain hands-on exposure to a significant transformation program (xLayer) in a fast-moving international and mission-driven environment.
Hiring Process
Our recruitment process is designed to be clear structured and efficient:
- Screening interview with our Talent Acquisition Partner
- Interview with our Chief Financial Officer
- Final interview with our VP People & Communication
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:
True remote work flexibility with our Wakam From Anywhere (WFA) program - yes we even have a teammate working from a sailboat!
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.
Key Skills
- Healthcare Attorney
- Data Management
- Downstream
- Insurance
- Electrical Maintenance
About Company
Découvrez Wakam, assureur B2B2C digital européen et créateur de d’assurance sur-mesure en marque blanche, expert en portage de risque.
