Reinsurance Technical Accountant

Wakam

🧰 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 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. ---------------------------------------------------------------------------------------------------------------------------------- ✨ WHO YOU ARE 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. ---------------------------------------------------------------------------------------------------------------------------------- ✨ 🤖 AI & DIGITAL MINDSET 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. ---------------------------------------------------------------------------------------------------------------------------------- 🌟 WHY JOIN WAKAM? 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. ---------------------------------------------------------------------------------------------------------------------------------- 🏆 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 HR Business Partner  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.

Marshmallow

We’re on a mission to make migration easy. We started building Marshmallow in 2017. Since then, we’ve grown from 3 to 700+ people, gained unicorn status, raised ~£140M over three funding rounds, turned profitable, insured millions of drivers and lent millions in car loans. But we’re only just getting started. Our goal is to become one of the largest financial services providers in the world. Over the next 10 years we’ll grow exponentially, not only by scaling our existing products, but also by building new ones. To achieve our goals we need incredibly ambitious, commercially driven people who never settle for ‘good enough’. Marshmallowers are hungry for autonomy and ownership, and would rather improve than coast. Everyone raises standards and has an impact, with a focus on collective success over self-interest. We’ve created an environment where curious, tenacious people win and grow together. If that sounds motivating, this could be the place for you. About the role This is a senior individual contributor role and the Controllership team's primary technical accounting expert. You will own the most complex and judgement-intensive accounting areas across the Group — spanning the UK insurance broker, claims handling, car finance and its associated SPV structure, and the Group holding company — and act as the go-to resource for the team, business stakeholders, and external auditors on technical accounting matters. You will work with a high degree of autonomy, reporting directly to the Group Financial Controller. You are expected to solve complex problems independently, document and defend accounting positions to audit standard, coach more junior colleagues, and communicate clearly to senior stakeholders across Finance and the wider business. This role sits at the heart of the Group's effort to close legacy accounting gaps, maintain audit readiness, and build controls that scale as Marshmallow grows. London (hybrid, 3 days in office) What you'll own Technical accounting across the Group * Own and maintain Group accounting policies across all entities in scope, ensuring alignment with FRS 102 and applicable regulatory requirements * Lead the Group's FRS 102 (2026 amendments) impact assessment and transition — with particular focus on revised revenue recognition and expected credit loss provisions across the business * Be the authoritative internal voice on complex, judgement-intensive areas across the Group including: share-based payments, capital development and intangibles, lease accounting, bad debt provisioning and impairment, periodic payment orders (PPOs), HP loan recognition and ECL provisioning, and SPV accounting * Own the technical accounting for the car finance business and its associated SPV structure * Own the technical accounting for the UK insurance broking and claims handling businesses * Drive resolution of legacy technical items and prior year audit findings — working through open issues to root-cause resolution rather than one-off workarounds Revenue recognition — transformation workstream * Lead the documentation and review of revenue recognition policies across the business, ensuring they are accurate, consistently applied, and fit for audit scrutiny * Own the technical accounting perspective on the revenue data workstream — understanding how revenue flows are constructed, identifying any gaps between accounting policy and practice, and driving remediation where needed * Work cross-functionally with Engineering, Data, and FP&A to ensure the financial reporting of revenue is grounded in a robust and well-documented technical foundation Insurance knowledge — Group-level review and challenge * Insurance industry knowledge is a core requirement of this role — while BAU technical accounting for the Group's insurance underwriting entity (based in Gibraltar) sits with a separate Finance team, you will be expected to review, challenge, and engage with Gibraltar Finance team from a Group perspective * This includes understanding earned premium, technical provisions, reinsurance accounting, and the financial reporting implications of the Group's insurance structures — and being able to apply that understanding in Group consolidation and in conversations with auditors * You will bring a Group finance lens to insurance-related accounting questions arising across the business Audit readiness & accounting quality * Prepare and review complex balance sheet reconciliations and accounting entries across the entities in scope, maintaining the quality and evidencing standard required for external audit * Act as the primary Finance contact for external auditors on technical accounting judgements — prepare clear, well-evidenced documentation for complex or contested positions * Proactively identify and close accounting quality gaps, with a focus on sustainable fixes that hold up to scrutiny in future audit cycles Coaching & cross-functional collaboration * Actively coach and develop more junior colleagues on technical accounting topics — raising the overall capability of the team is a genuine expectation of this role, not a secondary duty * Work alongside FP&A, Actuarial, Legal, and new business teams to embed technical accounting requirements early in product and process design * Support the Group Financial Controller in preparing clear technical accounting analysis for senior Finance stakeholders What we're looking for Technical accounting knowledge * ACA, ACCA or equivalent — fully qualified, with substantial post-qualification experience in a technical accounting or senior controllership role * Insurance industry knowledge is essential — you must have a working understanding of insurance accounting (earned premium, technical provisions, reinsurance structures) and be able to apply and challenge it at Group level from day one * Advanced, demonstrable command of FRS 102 and/or IFRS, with a track record of applying complex standards and documenting accounting judgements to audit standard * Experience with car finance or consumer credit accounting — HP income recognition, IFRS 9 / ECL, and ideally SPV or securitisation structures — is a strong advantage * Comfortable passing on technical knowledge and coaching colleagues — the expectation is that you actively raise the team's technical capability, not just your own output Background & experience * Big 4 audit background is a plus, particularly with insurance or financial services clients — the ability to construct and evidence robust accounting positions is directly relevant to how this team engages with its auditors * Experience in a multi-entity group structure with consolidated reporting across UK GAAP / FRS 102 * Prior exposure to FCA-regulated or insurance-regulated environments is strongly preferred Data & systems * Advanced Excel; strong working knowledge of ERP systems — NetSuite experience is an advantage * Able to work with large and imperfect data sets; comfortable deriving well-supported conclusions where source data has gaps * Familiarity with BI tools such as Looker or Snowflake is useful but not required How you work * Takes ownership of complex, multi-workstream problems and sees them through independently — escalates selectively and with good judgement * Presents highly complex analysis clearly to both technical and non-technical audiences * Proactively identifies control risks and improvement opportunities rather than waiting to be directed * Comfortable in an environment where process maturity is still developing — building rigour is part of the job, not an obstacle to it PERKS & BENEFITS * Bonus scheme designed to reward high performance * Private medical insurance with Vitality, mental health support with Oliva * Personal learning budget and 2 dedicated L&D days a year * Monthly flexible benefits budget to spend as you choose * 25 days holiday plus bank holidays * 4 weeks Work From Anywhere per year We are in a position to offer sponsorship and/or a visa for this position OUR PROCESS Here's what to expect: 1. Intro call with our Talent team (30 mins) 2. Skills and experience interview the hiring manager (1 hour) 3. Task-based interview (1 hour) 4. Values and ways of working interview (1 hour) We review every application and will always let you know the outcome - though we're unable to provide individual feedback at application stage. Diversity of thought We know the best ideas come from having different perspectives in the room - and we're committed to hiring fairly, regardless of background, identity or experience. If you see yourself in this role, we'd encourage you to apply.

Apollo

Who we are Apollo, a Skyward Group company, is an innovation-inspired insurance platform operating at Lloyd’s of London, delivering data-driven and creative solutions across a broad range of risks. Our name reflects our origins. Inspired by one of our founding investors, Neil Armstrong, the first person to walk on the moon, the business was built with the same pioneering mindset. Alongside Jim Hays, Neil set out to create a different kind of Lloyd’s platform, focused, agile and built around people. Since launch in 2009, we have grown into a diversified insurance group offering products across Property, Casualty, Marine, Energy and Transportation, Specialty and Reinsurance, alongside Smart Follow and digital and embedded risk programmes. Our experience and unique ecosystem give Platform Partners the best chance of success, from navigating the Lloyd’s new entrant process through to the delivery of their long-term strategy. With a team of more than 300 professionals, we continue to grow with purpose, combining underwriting excellence, innovation and collaboration to enable a more resilient and sustainable world. YOUR ROLE As a Syndicate Reporting Accountant, you will play a key role in the delivery of Apollo's external and regulatory reporting requirements across its Lloyd's syndicates. Working closely with the Syndicate Reporting Manager and wider Finance team, you will be responsible for the accurate and timely production of Syndicate Report & Accounts, Solvency UK (SUK) reporting, Lloyd's returns, and external stakeholder reporting. This is an excellent opportunity for an accountant with Lloyd's market experience to further develop their expertise within a broad reporting role, gaining exposure to regulatory change, reporting process improvement, and engagement with stakeholders across Finance, Financial Planning & Analysis (FP&A), Data Solutions, external auditors, and capital providers. WHAT YOU WILL DO * Produce management information on both a Generally Accepted Accounting Principles (GAAP) and ultimate basis, working closely with the FP&A team to support business performance reporting and decision making. * Deliver Syndicate Report & Accounts, coordinating inputs from stakeholders across the business and managing reporting timelines. * Produce quarterly and annual Solvency UK (SUK) Quantitative Reporting Templates (QRTs), ensuring accuracy and compliance with reporting requirements. * Prepare and submit Lloyd's regulatory returns, including Quarterly Monitoring Returns (QMAs), Realistic Disaster Scenario Returns (RRAs), US Situs reporting, and other required submissions. * Support external stakeholder reporting, including reporting packs for capital providers and other external parties. * Act as a key contact for external auditors, coordinating information requests and supporting the smooth delivery of audits. * Contribute to the development of technical accounting papers, process documentation, and reporting controls. * Identify opportunities to improve reporting processes and technology utilisation, working alongside the Data Solutions team to implement efficiencies. * Support wider finance and regulatory reporting activities as required. WHAT WE ARE LOOKING FOR * Experience producing Lloyd's market regulatory returns, Syndicate Report & Accounts, and Solvency II or Solvency UK (SUK) reporting. * Strong understanding of general insurance accounting, financial reporting, and regulatory reporting requirements. * Experience working within the Lloyd's or London Market insurance sector. * ACA, ACCA or equivalent accounting qualification, or currently studying towards qualification. * Experience producing management information, financial reporting, or performance reporting within a general insurance environment would be beneficial. * Strong data analysis and reporting skills, including advanced Excel capability and experience using Power Query. * Experience working with finance systems, general ledgers, finance data warehouses, and reporting tools. * Exposure to SQL, Q&A, or similar data extraction and querying tools would be beneficial. * A proactive approach to process improvement and reporting automation. * Strong organisational skills with the ability to manage multiple reporting deadlines and competing priorities. * Strong communication skills and the ability to build effective relationships with stakeholders across Finance and the wider business. What you’ll get in return We offer a competitive and thoughtfully designed reward package that reflects the value of our people. This includes a fair and attractive salary, discretionary bonus, and a comprehensive benefits package - including 31 days’ annual leave, a non-contributory pension and private medical insurance. Our commitment to inclusion At Apollo, people are at the heart of everything we do. We are a diverse, growing team of empowered experts who bring collaboration, innovation and data-driven thinking to every relationship and every risk. We believe diversity and inclusion go far beyond targets. They are essential to understanding the global communities we serve and to making better decisions. That’s why we are committed to developing diverse talent at every level and creating an environment where different perspectives are genuinely valued, supported and celebrated. We also run a programme of events, training and initiatives designed to recognise both the challenges and opportunities that come with building an inclusive workplace. Hybrid & flexible working Flexible and hybrid working are fully embraced at Apollo. We do not believe in presenteeism. Instead, we trust our people to work in ways that allow them to perform at their best, balancing professional responsibilities with personal commitments. Supporting your application Apollo is committed to creating an inclusive recruitment experience where every candidate feels supported and able to perform at their best. To help us do this, we invite you to complete a confidential ClearTalents profile. It takes just a few minutes and allows you to share any adjustments that may support you during the recruitment process. Your information remains private, and the recruitment team is only notified if an adjustment is requested. Please register to create your profile here: ClearTalents