Head of Underwriting Europe (Consumer lines)

Company:  JonLeads-FR
Location: Paris
Closing Date: 18/10/2024
Type: Temporary
Job Requirements / Description

Who are we?

Wakam is a B2B2C insurance company that creates white-label insurance solutions via its Play&Plug technology platform for more than 150 distribution partners. We provide most of our insurance products through API, and host white label insurance solutions via our Play&Plug technology platform.

With a footprint spanning 32 countries and revenue of more than €900 million in 2023, mostly generated outside France, 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".

Group Head of Underwriting (Consumer Products) - Europe

About the Role:

You will join the Wakam Underwriting leadership team to help us profitably grow our business across Europe and support our UK business. You will report to the Group CUO.

This Europe-based position can be on a hybrid or remote basis with one week per month expected to be used for face-to-face meetings, either in London or Paris. Flexibility will be offered and will be required.

Responsibilities:

  • Leading the underwriting strategy for insuring Consumer products (extended warranty, accidental damage, theft/loss covers) working with our pricing, product, claims and other teams. You will also be involved in other affinity type product lines.
  • Growing the lines of business profitably and in-line with our financial objectives.
  • Full portfolio management of lines of business, working with our profitability actuaries.
  • Full accountability for the underwriting results for your lines of business.
  • Acting as a product and market expert across the UK and Europe.
  • Interacting with the market (MGAs, Brokers and Direct clients).

Requirements:

  • Underwriting and/or pricing experience with an insurance company in a similar role.
  • Advanced underwriting experience of relevant products, personal and commercial.
  • Advanced analytical and portfolio management skills.
  • Must have some experience in underwriting digital enabled products along with a strong understanding of disruptive trends within insurance.
  • Proven leadership skills.
  • Strong stakeholder management skills.
  • French or other European languages is an advantage but not essential.

Recruitment Process

  • Interview with Talent Acquisition Expert.
  • Technical & fit interview with VP Underwriting.
  • Fit interview with Chief Underwriting Officer Global or UK.
  • HR culture fit interview with Head of Talent.

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.

Positive energy, agility, and team spirit are essential to support Wakam in its hyper-growth!

You have the Wakam mindset? Join us!

Good to know!

  • Wakam is not based on a hierarchy but on a methodology where everyone finds their role and knows their objectives.
  • With a flat hierarchical system and a highly collaborative operating model, Wakam is an extremely agile and transparent company.
  • Every last Friday of the month, it's Free.day @Wakam, a day without meetings to take a step aside and dedicate ourselves to skills sponsorship or other activities.
  • Full-remote is a reality at Wakam with our Wakam From Anywhere (WFA) program.

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.

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