Job Summary
The Actuarial Intern, based on experience, will work closely with a qualified member of the Americas Life Actuarial Reserving team. The candidate will be assisting with the design and implementation of value-add analytics and modeling solutions. She/he may also participate in quarterly close process and work on other projects consistent with candidate abilities and interests as well as Company needs.
Responsibilities
Key duties and responsibilities
- Assist with model development and creation of analytics and various other process improvements.
- Support the quarter close process to ensure accuracy of booked results under all applicable accounting standards
- Perform ad doc risk analyses / line of business studies as required
Qualifications
Required experience & competencies
Experience:
- Prior internship experience in pricing or reserving in an actuarial department of an insurance / reinsurance / consulting company is a plus
- Successful completion of one or more actuarial exams of the Society of Actuaries, or equivalent credentialing organization
Personal Competences:
- Exposure to (re)insurance concepts with a preference towards Life lines of business
- Communication skills with the ability to present results to various colleague constituencies
- Ability to develop professional relationships across functional areas such as Claims, Underwriting, Financial Accounting, Actuarial Pricing
- Ability to understand numbers and analyze drivers of change
- Enjoys being a team player and is passionate about learning and sharing knowledge
- Microsoft Office skills, especially Word and Excel
- Exposure to programming tools such as VBA, R or Python is a plus
- Exposure to Tableau or other data visualization tools is a plus
- Exposure to actuarial modelling/projection software such as Prophet is a plus
About Us
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying "The Art & Science of Risk," SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.
Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies.
As an international company, our common culture is defined by "The SCOR Way." Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.
Working at
Scor
SCOR is a leading global reinsurer with a rich heritage spanning several decades. With a strong presence in more than 160 countries, SCOR provides risk management and reinsurance solutions to clients worldwide. As an actuary at SCOR, you'll be part of a highly skilled team that plays a critical role in assessing and managing risks. Actuaries at SCOR utilize their expertise in statistical modeling, data analysis, and risk assessment to evaluate risks, develop pricing strategies, and ensure the financial stability of the company's reinsurance portfolio. Collaborating with cross-functional teams, actuaries at SCOR contribute their insights and analyses to support informed decision-making. Actuaries analyze complex data sets, assess risks, and provide valuable recommendations to help clients manage and mitigate their exposure. SCOR values professional growth and provides actuaries with ongoing training and development opportunities. Actuaries have the chance to enhance their skills, stay at the forefront of industry advancements, and contribute to the success of the company. Join SCOR's esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, make a significant impact on managing global risks, and enjoy competitive benefits in a collaborative and dynamic work environment.