Internal Control Intern

🧰 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 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 the Office Transformation, Risk & Compliance, and more specifically the Risk & Internal Control squad.

This team is responsible for:

• Designing and maintaining internal control frameworks (1st and 2nd line of defence).
• Supporting risk management and operational risk reviews across the company.
• Ensuring that our fast-growing business and innovative insurance products are delivered in a controlled, compliant and secure way.
  
  

The squad works closely with many stakeholders across Wakam: operations, product, tech, finance, legal, and our distribution partners (brokers, insurtechs, retailers).

🎯 Your Mission

As an Internal Control Intern for 6 months, you will contribute to strengthening Wakam's risk management and internal control environment in a dynamic, high-growth Insurtech context.

Your main responsibilities will include:

Internal Control Framework

• Formalise and update Level 1 and Level 2 controls (design, documentation, testing approach).
• Support partner-related controls, helping to ensure that our distributors and other key partners meet Wakam's standards and obligations.
• Review and update existing control documentation, ensuring consistency, clarity and proper alignment with processes and risks.
  
  

Risk & Awareness

• Contribute to internal awareness initiatives for 1st line managers and teams (training materials, presentations, guidance) to help them better understand their role in internal control.
• Participate in the review of operational risks, contributing to the identification, assessment, and follow-up of key risk areas.
  
  

Optimisation & Innovation

• Help identify opportunities to optimise and streamline internal control activities, including:
• Simplification and standardisation of controls
• Better use of data and automation
• Contribute to exploring and implementing new tools, including the use of AI, to improve monitoring, documentation, and analysis of controls and risks.
  

🧠 What You Bring

• You are currently pursuing a Master's degree (Bac+4/5), ideally from a Business School, university program in audit, risk management, finance, or a related field.
• You have basic knowledge of risk management and internal control concepts (3 lines of defence, control frameworks, operational risk, etc.).
• You demonstrate strong analytical skills and critical thinking, and are comfortable structuring information and asking the right questions.
• You have good interpersonal and communication skills, enabling you to interact with various teams and stakeholders.
• You are comfortable working in French and English in a professional context (written and spoken).
  
  

✨ Who You Are

You will thrive in this role if you:

• Are curious and eager to understand how a fast-growing Insurtech operates, from products to processes to risks.
• Are rigorous, organised and reliable, especially when dealing with documentation and controls.
• Have a pragmatic mindset, able to balance theory (frameworks, methodology) with operational reality.
• Enjoy working with and supporting operational teams, and are able to adapt your communication to different audiences.
• Appreciate teamwork and like contributing to a constructive, positive and collaborative environment.
  
  

✨ 🤖 AI & Digital Mindset

Within the Office Transformation, Risk & Compliance, digitalisation and innovation are key. In this internship, you will:

• Work with digital tools and collaborative platforms to document and track controls and risks.
• Participate in optimisation initiatives, including exploring how AI or automation can support internal control (e.g. document analysis, anomaly detection, data-driven monitoring).
• Be encouraged to look for efficient, tool-based ways to improve risk oversight, documentation quality, and interaction with operational teams.
  
  

You are naturally interested in how technology can enhance risk management and internal control, without compromising rigour and governance.

🌟 Why Join Wakam?

As an Internal Control Intern at Wakam, you will:

• Gain a global qualitative view of risk management, including:
• Internal control
• Operational risk
• Methodology and frameworks
• Support to operational teams
• Take an active, concrete role in the day-to-day work of the Risk & Internal Control squad (not just observation).
• Discover how internal control and risk management work in a fast-growing Insurtech, in a stimulating and innovative environment.
• Develop transferable skills in audit, risk, and internal control that will be highly valuable for future roles in consulting, industry, or financial services.
• Join a mission-driven company where your work contributes to safer and more transparent insurance.
  

🏆 Hiring Process

Our hiring process is designed to be selective, transparent, and respectful of your time:

• Initial interview with our Talent Acquisition Partner To review your background, motivations, and interest in risk & internal control, and to introduce Wakam and the Office Transformation, Risk & Compliance.
• Interview with our Chief Risk Officer (your future manager) To discuss your skills and mindset in more detail, present the missions and expectations, and assess the mutual fit.
  
  

A short additional discussion with a team member or senior stakeholder may be organised before finalising the offer.

=> Welcome @Wakam

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.