Senior Motor Fleet Underwriter Europe

? 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 operate across
32 countries
, making Wakam the
European leader in digital and embedded insurance
. Wakam is also a
mission-driven company
dedicated to
"enabling transparent and impactful insurance."
? About the Team
You will join Wakam's
Motor Underwriting team
, which plays a central role in shaping underwriting performance, portfolio quality, and sustainable growth across multiple European markets.
Working at the crossroads of
Underwriting, Pricing, Claims, Distribution, Product, Reinsurance, and Compliance
, the team supports Wakam's broker, MGA, and platform partnerships with strong technical underwriting expertise and a data-driven approach to decision-making.
? Your Mission
As a
Senior Motor Fleet Underwriter (12 months fixed-term)
, you will take ownership of Wakam's
European commercial motor fleet portfolio
, driving underwriting performance, strengthening broker and MGA relationships, and contributing to product and market strategy across several jurisdictions.
You will act as a
technical authority
on fleet underwriting, combining risk selection, pricing discipline, market insight, and portfolio steering to ensure profitable and sustainable growth. This role requires both hands-on underwriting expertise and the ability to influence underwriting frameworks, appetite, and governance.
?? Your Responsibilities
Portfolio Underwriting & Risk Assessment
You will underwrite
new business and renewals
across commercial motor fleet segments, including
PHV/taxi, delivery, leasing fleets, and other types of fleets
. You will assess risk quality using exposure data, loss history, fleet management practices, driver profiles, and sector information, and apply technical pricing models and rating tools to determine adequate premiums.
You will negotiate terms with brokers and MGAs to achieve balanced outcomes on
price, coverage, and conditions
, while applying underwriting authority appropriately and escalating referrals when needed. You will also manage quotes, binders, endorsements, and monitor in-force accounts for mid-term changes, fleet movements, and deterioration in claims performance.
Portfolio Management & Performance
You will monitor the
combined operating ratio (COR)
and
loss ratio
of the fleet portfolio on a regular basis, identifying trends and taking corrective actions where needed. You will track performance by segment, geography, broker, vehicle type, and fleet size, and contribute to quarterly portfolio reviews and management reporting.
You will actively manage underperforming accounts through rate action, tighter coverage terms, or non-renewal decisions where appropriate. You will also produce underwriting MI and data analysis to support portfolio steering and work closely with actuarial teams on pricing adequacy, experience reviews, and reserving discussions.
Pricing & Technical Development
You will contribute to the development and ongoing refinement of
fleet pricing models, rating tools, underwriting guidelines, referral matrices, and appetite statements
. You will incorporate market intelligence and claims experience into pricing assumptions, including repair cost inflation, parts trends, and frequency developments.
You will also monitor external market conditions such as competitor pricing, capacity changes, and emerging risks including
EV fleets, ADAS technology, autonomous vehicles, gig economy operators, and mobility-as-a-service platforms
.
Broker & Distribution Management
You will build and maintain strong relationships with
specialist fleet brokers, Lloyd's brokers, and MGA partners
across Europe.
You will lead broker meetings, scheme reviews, and renewal discussions, support the onboarding of new fleet schemes and delegated authority arrangements, and represent Wakam in market discussions and industry forums.
European & Cross-Border Underwriting
You will underwrite
cross-border fleet risks
and multi-jurisdiction programmes, navigating local regulatory requirements, mandatory covers, and market practices across countries such as the
UK, France, Spain, Italy, Germany, the Netherlands, Belgium, and the Nordics
.
You will liaise with local contacts, and MGA's where relevant, while monitoring macroeconomic and geopolitical factors that may impact portfolio performance.
Claims Collaboration, Fraud & Governance
You will work closely with claims teams on large or complex fleet losses, support claims reviews, identify fraud indicators and leakage patterns, and contribute to wording reviews to ens