Reinsurance Cash Manager - Remote
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.
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 .
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 escalating 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.
- 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 improvements.
- You will identify efficiency opportunities and collaborate with IT/Finance on system enhancements.
5) Control & Compliance
- You will ensure adherence to cash management policies and internal controls, validate the accuracy of cash-related balance sheet accounts, and support audit requests related to reinsurance cash and recoverables.
What You Bring
- You have a strong foundation in finance/accounting , combined with the ability to manage operational flows and build clear financial narratives.
- You bring experience in cash management, reconciliations, and financial analysis, ideally in insurance/reinsurance or another regulated financial environment.
- You are comfortable working with multiple stakeholders (Treasury, Accounting, Reinsurance, brokers/reinsurers) and can handle both “run” activities and improvement projects.
- You have strong proficiency in Excel and financial systems/reporting tools, and you communicate confidently in English (French is a strong plus depending on scope and stakeholders). A good understanding of reinsurance mechanics (treaties, statements, settlements, collateral/funds withheld) is expected.
- You are rigorous, structured, and reliable, with strong ownership of deadlines and cash accuracy.
- You are proactive in follow-ups, comfortable handling external counterparties, and able to de-escalate disputes while protecting Wakam’s interests.
- You enjoy improving processes, and you can translate complex cash/reinsurance topics into clear messages for non-specialists.
- You naturally look for ways to automate reconciliations, standard controls and reporting.
- You’re comfortable using digital tools to improve traceability and productivity (data extraction, anomaly detection, standard checks), while maintaining strong governance and auditability.
This role offers direct impact on cash reliability, financial performance visibility, and partner/reinsurer relationships —at the heart of Wakam’s reinsurance operating model. You will work in a fast-moving, international environment and contribute to meaningful transformation through tooling (xLayer) and process automation.
Our recruitment process is designed to be clear, structured, and efficient :
- Screening interview with our Talent Acquisition Partner
- Interview with our Associate Director, Reinsurance Accounting
- Final interview with our Head of People