Pricing Intern

4 days ago

Singapore SCOR Full time $40,000 - $60,000 per year

Company profile

SCOR is a leading global reinsurer, executing an underwriting policy focused on profitability, developing value-added services and adhering to a cautious financial policy in order to meet the expectations of their clients in terms of security.

The Actuarial Department in Singapore oversees the pricing of Non-Life reinsurance contracts for our clients in APAC. We provide actuarial services to our Underwriting and Catastrophe Modelling departments. Our market studies and analysis support the business planning and steering by senior management.

The Intern will have the opportunity to work with experienced actuaries at SCOR Global P&C. This usually includes the following activities:

  • Support of actuarial studies and natural catastrophe modelling projects by compiling the necessary data, statistical analysis and presentation of the results

  • An individual project might be assigned to the intern

  • Participation in internal workshops and trainings, including introduction into reinsurance treaty pricing and our pricing tool xAct (subject to COVID-19 restrictions)

  • Reinsurance treaty pricing support during the main renewals

Duration:

  • December 25/January 26 onwards for a period of 6 months or longer

Experience:

  • Previous working experience or internship in a similar environment is not required but will be advantageous

  • Strong mathematical and analytic skills

  • First experience in statistical analysis and programming

  • Previous work on similar analytical university/work projects

Personal Competencies:

  • Motivated and optimistic

  • Creative and dynamic

  • Strong interpersonal skills

  • Team player

Digital Competencies:

  • Microsoft Office

  • Experience with statistical tools like SAS and R

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.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

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