Head of Reinsurance Accounting

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 technology 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 Wakams Finance team which safeguards the Groups financial health through robust governance budgeting financial reporting and continuous process improvement. Finance is a key partner to the business enabling growth with reliable numbers strong compliance and operational excellence.

As Head of Reinsurance Accounting you will lead the reinsurance accounting function and act as a key partner to the Chief Accounting & Tax Officer as well as to FP&A Reinsurance and Treasury teams. You will also play a central role in a major Finance transformation program including a system implementation.

Your Mission

As Head of Reinsurance Accounting you are responsible for leading transforming and securing all reinsurance accounting activities for the Group. You will manage a specialised team ensure high-quality production and controls and drive a major system implementation to strengthen reliability traceability and efficiency.

Your scope is structured around five pillars:

1) xLayer Implementation & Finance Transformation (35%)

• Lead the Accounting workstream for xLayer implementation: validate process redesign arbitrate configuration decisions and ensure IFRS 17 and regulatory compliance.
• Represent Accounting in the steering committee: challenge timelines escalate blockers and drive alignment across stakeholders.
• Ensure a successful go-live: validate UAT completeness monitor adoption and drive rapid issue resolution during the stabilisation phase.
• Champion continuous improvement and process transformation across reinsurance accounting.

2) Reinsurance Treaty Management & Technical Expertise (25%)

• Maintain the reinsurance treaty repository and ensure accurate setup across systems (current and xLayer).
• Validate complex treaty structures and accounting treatment (proportional non-proportional finite risk) in line with IFRS 17 local GAAP and Solvency II.
• Oversee the production and quality control of reinsurance account statements prior to submission to reinsurers.
• Act as the technical reference for reinsurance accounting topics within Finance.

3) Financial Closing Reporting & Compliance (15%)

• Lead quarterly closing activities for reinsurance accounting including preparation and justification of inventory entries (accruals provisions deferrals).
• Validate cession rates presented in financial statements and ensure the accuracy of reinsurance data.
• Monitor reinsurance recoverables coverage (Solvency II Own Funds) and ensure ongoing compliance.
• Interface with external auditors on all reinsurance accounting matters.

4) Cash Management & Stakeholder Collaboration (10%)

• Coordinate with Treasury/Cash teams on reinsurer payment tracking and collections.
• Manage relationships with reinsurers on accounting topics and settlement disputes.
• Collaborate with the Reinsurance department on placements renewals and accounting implications.
• Support FP&A on reinsurance budgeting forecasting and performance analysis.

5) Team Leadership & Development (15%)

• Develop team capabilities through coaching performance management cross-training and career progression.
• Allocate workload effectively monitor delivery and promote sustainable ways of working.
• Foster strong collaboration with other Finance functions and build a culture of excellence and continuous learning.

What You Bring

You bring senior expertise and a strong track record in technical insurance accounting including:

• 10 years of experience in Accounting with deep exposure to reinsurance and technical insurance accounting ideally in an insurance group or regulated financial institution.
• Proven experience leading accounting teams with several years in a managerial role within reinsurance/technical accounting.
• Deep knowledge of IFRS 17 and strong familiarity with Solvency II requirements (especially ceded business and recoverables).
• Strong expertise in reinsurance treaty accounting (proportional non-proportional finite risk) and reinsurance account statement production.
• Solid understanding of French GAAP and strong closing experience (quarterly/annual).
• Demonstrated contribution to finance transformation projects (ERP/system implementation process redesign automation).
• Ability to operate in multi-entity cross-functional environments partnering effectively with Reinsurance Treasury FP&A Risk and IT.
• Full professional proficiency in French and English (written and spoken).

Who You Are

You are a trusted finance leader who combines technical depth with pragmatic execution. You are structured rigorous and accountable comfortable prioritising and arbitrating under tight calendars (closing reinsurer timelines transformation milestones). You are also a people manager who develops talent sets clear standards and brings teams along through change while building strong relationships with internal and external stakeholders (reinsurers auditors).

AI & Digital Mindset

At Wakam AI and automation are reshaping how we run this role you are expected to promote digital ways of working to:

• Streamline workflows around treaty management statement production reconciliations and closing activities.
• Automate repetitive tasks (data extraction control checks cession rate calculations documentation packs).
• Improve analysis and decision-making using data and smart automation (anomaly detection in settlements trend analysis on recoverables early-warning indicators cash collection insights).

You dont need to be a technical expertwhat matters is your curiosity adaptability and willingness to learn. Wakam will support your upskilling so you can focus on high-impact leadership and transformation outcomes.

Hiring Process

Our hiring process is designed to be selective transparent and respectful of your time:

1. Talent Acquisition interview (motivation experience role fit)
2. Interview with the CFO
3. Team fit interview (key stakeholders / peer interaction to validate ways of working)
4. HR Business Partner interview (leadership culture internal alignment and mobility/compensation framework if relevant)

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