Trainee within P&C Pricing & Modelling

Trainee within P&C Pricing & Modelling

Job Description

The intern will be part of the Actuarial Methods and Insights team within P&C Operations and will support the Pricing & Modelling Governance Lead. The internship offers a unique opportunity to:

• Have exposure to various departments at SCOR (Pricing and Modelling, P&C Reserving, Capital and Validation, Operational Risk Management, Audit function
• Understand key aspects of pricing and who are the main stakeholders of pricing outputs beyond the activity of underwriting business

Responsibilities

• Contribute to key projects such as the reinforcement of Internal Control System for Pricing & Modelling or the Working Group on Pricing parametrisation
• Assist in preparing renewals period (notably in supporting the annual review of pricing guidelines and handbooks, taking meeting minutes of committees)
• Assist on Solvency II related tasks (coordination of inputs to the Internal Capital Model, coordination of model changes)
• Assist in developing / performing specific pricing controls giving exposure to pricing concepts, maintenance of pricing inventory

Qualifications

Required experience & competencies

• Previous internship in (re)insurance industry is not required but will be advantageous
• Excellent communication and interpersonal skills
• Willingness to collaborate and deliver in a cross functional team environment.
• Working proficiency in Microsoft office suite
• Excellent oral and written skills in English

Required Education

Pursuing degree in Insurance, Risk Management, Actuarial Science, Mathematics, Business (Finance or BA)

Why Join Us?

SCOR supports your career and helps you develop your skills by encouraging mobility, blended learning through the SCOR University and offering a dynamic, innovative working environment in beautiful, light-filled offices overlooking Lake Zurich.

Our compensation includes attractive benefits (such as participation to public transportation and delicious meals) and we promote a healthy work life balance through numerous initiatives and a hybrid working model.

As a socially responsible employer, our teams participate each year in projects around civic engagement, wellbeing and diversity in the workplace, environmental protection, and many others.

SCOR promotes diversity and equal treatment in all aspects of employment, from recruitment to evaluation, compensation and talent management. The Group is proud to employ people who care about each other, their community and society as a whole. We do everything we can to encourage these attitudes in our employees and to empower them to make a difference.

We look forward to your application!

Job Info

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.

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