Reinsurance Technical Accountant

TLDR

Support the production, control, and accounting integration of reinsurance statements while contributing to continuous improvement of processes and tools.

🚀 About the Team

Join the dynamic Finance team at Wakam, where we're the driving force behind strategic financial decision-making and operational excellence. Safeguards Wakam's financial health through strategic fiscal management, budgeting, and financial reporting.

The Finance team plays a crucial role in supporting the company's growth objectives, from financial planning and analysis to risk management and compliance, we're 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-ready—especially during system transformation.

🌟 Why Join Wakam?

You will work at the heart of Wakam’s 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:

  1. Screening interview with our Talent Acquisition Partner
  2. Interview with our Chief Financial Officer
  3. Final interview with our VP People & Communication

AI-Assisted Interview Process Policy | Notion

More About Us 
Check out our website to learn about the 11 cultural markers that make Wakam truly special! If you're adventurous, impact-driven, and ready to shape the future of insurance, we'd 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 Free.day: 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 Free.day 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.

Benefits

Collaborate with passionate experts

Work alongside passionate experts: who will share their knowledge and help you develop and grow in your career.

Wakam builds innovative white-label insurance solutions through its proprietary Play&Plug® technology platform, catering to over 80 partners across Europe. As a leader in digital and embedded insurance operating in 32 countries, Wakam excels in providing seamless API-driven products that integrate easily into existing systems.

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