Wakam

Reinsurance Cash Manager

Paris, FranceFull timeManagerPosted 21 days ago
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🧰 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 Wakam’s Finance ecosystem, working closely with Reinsurance and Treasury. This role sits at the crossroads of FP&A and Accounting, with a strong operational dimension (cash tracking, settlements) and a strategic one (performance monitoring, decision support). You will be a key point of contact for reinsurers and brokers, while partnering internally with Finance stakeholders to ensure cash reliability, visibility, and control across Wakam’s reinsurance programs. 🎯 Your Mission As a Reinsurance Cash Manager, your mission is to secure and optimise reinsurance cash flows (premium payables, recoveries, receivables), provide clear financial visibility on reinsurance performance, and act as a trusted interface between reinsurers, Treasury, and internal teams. You will contribute to the reliability of financial operations and support continuous improvement, including the implementation and maintenance of our reinsurance management tool xLayer.   ✏️ Your Responsibilities 1) Cash & Payment Management You will manage day-to-day cash operations related to reinsurance by monitoring cash flows (premium payables, loss recoveries and receivables), tracking and reconciling reinsurer payments, and following up on overdue balances. You will coordinate with Treasury on cash forecasting and liquidity planning, manage cash calls, collateral requirements and funds withheld accounts, and escalate payment issues—driving resolution with reinsurers and/or brokers. 2) Reinsurance Financial Analysis & Reporting You will produce management reporting on key reinsurance KPIs and cash positions, deliver variance analysis (actual vs budget vs prior year), and contribute to financial assessments and business cases supporting new reinsurance programs. 3) Reinsurer Relationship Management You will support the Reinsurance team in day-to-day queries and discussions, lead quarterly/annual settlement reconciliation meetings with reinsurers, and resolve disputes on balances, payment timing and contractual interpretations. You will also support treaty renewals on financial items (e.g., commissions, financial terms), and maintain reinsurer scorecards (timeliness, responsiveness, quality). 4) Process Improvement & Projects You will drive automation of cash tracking and reconciliation processes and contribute to the xLayer implementation (cash workflows, reporting) as well as ongoing maintenance and imp...