Finance Manager Finance Lead
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Job Summary
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 the UK Finance team a key function ensuring the accuracy integrity and reliability of Wakam UKs financial reporting and controls environment. The team works closely with Group Finance Underwriting Claims Operations Treasury brokers auditors and outsourced providers to support both day-to-day financial operations and strategic decision-making.
Your Mission
As Finance Manager / Finance Lead you will serve as a senior member of the UK Finance team taking ownership of financial reporting quality strengthening the controls environment and acting as a finance business partner across the UK entity. You will play a central role in management and statutory reporting reinsurance financial reporting audit coordination forecasting and finance transformation including ownership of the X-Layers system for Wakam UK.
Your Responsibilities
Financial Reporting & Controls
- You will support the preparation and review of monthly management accounts and annual statutory financial statements ensuring completeness accuracy and timeliness throughout the month-end close process.
- You will help maintain a robustfinancial controls environment across Wakam UK and ensure outputs meet the required standards of quality and reliability.
Accounting Standards Regulatory Compliance & Audit
- You will ensure compliance with UK GAAP / IFRS and relevant PRA/FCA regulatory reporting requirements staying current with changes in standards and partnership with the Financial Controller you will help coordinate the UK external audit process and act as a key point of contact for auditors during both interim and year-end audits.
Finance Operations Oversight
- You will support oversight and governance of the outsourced finance operations and accounting processing model monitoring delivery against agreed SLAs and KPIs escalating material issues and driving resolution with the external provider.
Reinsurance Financial Reporting
- You will own all reinsurance financial reporting for Wakam UK including management accounts and statutory disclosures.
- You will review the monthlynet technical result analyse key movements and provide clear financial commentary on P&L performance.
- You will also collaborate with brokers to preparereinsurer margin calculations submit treaty statements within deadlines and coordinate with Treasury on reinsurer payment schedules and cash flow forecasting.
Reinsurance Treaty Governance & Systems
- You will maintain a comprehensive inventory of reinsurance treaties and document reinsurance terms and conditions for finance processes.
- You will review and validate reinsurance slips premium allocations and cover notes issued by brokers and reinsurers.
- You will also act as X-Layers system owner for Wakam UK managing inputs processing outputs and working with Group IT on future enhancements.
Business Partnering Budgeting & Projects
- You will partner with senior stakeholders across Underwriting Claims and Operations to provide financial insight and challenge in support of commercial decisions.
- You will contribute to theannual budget and quarterly forecasting processes as well as board and ExCo reporting and participate in cross-functional projects to improve financial procedures processes and controls across the UK Finance function.
What You Bring
- You are a qualified accountant (ACA ACCA or CIMA) with post-qualification experience in insurance or financial services and demonstrable expertise in insurance financial reporting for both management and statutory purposes.
- You bring strong technical accounting knowledge acrossIFRS and UK GAAP and you are comfortable reviewing challenging and owning financial outputs.
- You also ideally bring experience in an outsourced finance operations model strong exposure to reinsurance finance processes and proven involvement in system implementation or improvement projects including UAT and process documentation.
- Experience withX-Layers or a similar reinsurance system is a plus.
- You are confident managing relationships withauditors outsource providers and brokers and are comfortable preparing and presenting financial information to committees and senior stakeholders.
- Knowledge ofPRA/FCA requirements as well as data visualisation or AI-in-Finance exposure would be an advantage.
Who You Are
- You bring positive energy agility and team spirit combined with strong curiosity and commercial awareness.
- You aresolutions-oriented comfortable challenging the status quo and effective in a lean environment where you may need to move between strategic thinking and hands-on delivery.
- You communicate complex financial topics clearly build strong relationships across functions and with external partners and operate with resilience integrity and sound judgement.
AI & Digital Mindset
- You are comfortable working in a modern finance environment where systems automation and data increasingly support control and decision-making.
- You are open to improving processes through better tooling more reliable reporting and smarter use of analytics.
- Experience withPower BI Tableau or AI-enabled finance workflows is a plus.
Why Join Wakam
Joining Wakam in this role means taking a visible position within the UK Finance set-up with direct exposure to financial reporting reinsurance regulatory topics forecasting and finance transformation. You will work closely with senior stakeholders and contribute to building a scalable well-controlled finance environment in a fast-growing international insurer.
Hiring Process
Our hiring process is designed to be selective transparent and respectful of your time:
- HR interview with our Head of People
- Technical interview with our Financial Controller and our FP&A Lead UK
- Technical interview / coffee chat with our Group CFO
- Face-to-face interview with our Financial Controller and our Head of People
AI-Assisted Interview Process Policy Notion
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.
Required Experience:
Manager
Key Skills
About Company
Découvrez Wakam, assureur B2B2C digital européen et créateur de d’assurance sur-mesure en marque blanche, expert en portage de risque.
