Head of Reinsurance Accounting

About the Team

Join the dynamic Finance team at Wakam, where we are the driving force behind strategic financial decision‑making and operational excellence. Safeguarding 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 are committed to driving efficiency and maximizing value across the organization. Your Mission

As Head of Reinsurance Accounting, you will be responsible for leading, transforming, and securing all reinsurance accounting activities of the company, while managing a specialized team and driving a major system implementation. Pillars of the Mission

Reinsurance Treaty Management & Technical Expertise Maintain the reinsurance treaty repository and ensure accurate setup across all systems (current and xLayer). Validate complex treaty structures and accounting treatment (proportional, non‑proportional, Loss portfolio transfer, etc.) in compliance with local GAAP and Solvency II. Oversee the production and quality control of reinsurance account statements before submission to reinsurers. Act as the technical reference on reinsurance accounting matters within the Finance function. Financial Closing, Reporting & Compliance Lead quarterly close activities for reinsurance accounting: prepare and justify inventory entries (accruals, provisions, deferrals). Validate cession rates displayed in financial statements and ensure accuracy of reinsurance data. Monitor reinsurance recoverables and their credit risk (Solvency II SCR) and ensure regulatory compliance. Interface with external auditors on all reinsurance accounting matters. Cash Management & Stakeholder Collaboration Coordinate with Treasury/Cash team on reinsurer payment tracking and collections. Manage relationships with reinsurers on accounting matters and settlement disputes. Collaborate with the Reinsurance department on treaty placement, renewals, and accounting implications. Support FP&A on reinsurance budgeting, forecasting, and performance analysis. xLayer Implementation & Finance Transformation xLayer is the new tool being deployed by the Group to manage reinsurance treaties. Lead the accounting workstream for xLayer implementation: validate process redesign, arbitrate system configuration decisions, and ensure accounting and regulatory compliance. Represent accounting interests in the steering committee: challenge delivery timelines, elevate blockers, and drive cross‑functional stakeholder alignment. Ensure a successful go‑live: validate UAT completeness, monitor adoption, and drive rapid issue resolution during the stabilization phase. Champion process transformation and continuous improvement across the reinsurance accounting function, before and after the implementation of the tool. Team Leadership & Development Develop team capabilities: drive performance management, cross‑training, and career progression. Allocate workload effectively, monitor team performance, and ensure work‑life balance. Foster collaboration with other finance functions and promote a culture of excellence and continuous learning. What You Bring

Significant experience (10+ years) in Accounting, with a strong focus on reinsurance and technical insurance accounting, within an insurance group or regulated financial institution. Proven track record in leading accounting teams, including at least several years in a managerial position within reinsurance or technical accounting. Deep knowledge of French GAAP and strong familiarity with Solvency II reporting requirements, particularly related to reinsurance recoverables and ceded business. Strong expertise in reinsurance treaty accounting (proportional, non‑proportional, Loss Portfolio Transfer, etc.) and reinsurance account statement production. Solid understanding of French GAAP and experience with quarterly/annual closing processes. Demonstrated experience in finance transformation projects (ERP implementation, system migration, process redesign, automation initiatives). Experience working in multi‑entity, cross‑functional environments, with the ability to collaborate effectively with Reinsurance, Treasury, FP&A, and Risk teams. Full professional proficiency in French and English (spoken and written). Who You Are

A trusted finance expert, capable of combining technical precision with pragmatic execution and continuous improvement mindset. Highly structured and rigorous, with exceptional attention to detail and a strong sense of ownership and accountability. Comfortable making decisions in complex environments, and able to prioritise and arbitrate under time constraints (closing calendars, reinsurer deadlines, implementation milestones). An excellent people manager, able to develop, motivate, and empower your team, while fostering collaboration and maintaining high standards. A strong cross‑functional partner, able to work effectively with Reinsurance, Treasury, FP&A, IT, and external stakeholders (reinsurers, auditors). Change‑oriented, with the ability to lead and champion transformation (xLayer implementation, new processes, ways of working) while bringing teams along and ensuring adoption. Resilient and adaptable, able to navigate ambiguity during transition periods and maintain operational excellence. AI & Digital Mindset

At Wakam, AI and automation are reshaping how we run Finance. In 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). Hiring Process

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

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