Reserving Actuarial Intern

     APAC     

Singapore Singapore (SG) 

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Reserving Actuarial Intern 

Internship 

Actuarial 

          About SCOR         

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health insurance as well as in P&C insurance. Our specialist teams operate in over 120 countries, developing value added and innovative products and services and making long-term commitments to their clients, namely insurers and large corporations.
SCOR's aim, as an independent global reinsurance company, is to develop its Life and P&C business lines, to provide its clients with a broad range of innovative reinsurance solutions and to pursue an underwriting policy founded on profitability, supported by effective risk management and a prudent investment policy, in order to offer its clients an optimum level of security, to create value for its shareholders, and to contribute to the welfare and resilience of Society by helping to protect insureds against the risks they face.

Job Summary

Actuarial Reserving Intern

Duration: 3 to 12 months (full-time / part-time min. 3 days per week)

Starting date: Immediate (negotiable)

Key duties and responsibilities

The Reserving Intern will have the opportunity to work with experienced actuaries at SCOR P&C and will be involved in and/or responsible for (non-exhaustive list)

• Assisting on closing process, with specific focus on improving automation and processes
• Redesigning / developing existing work processes with the aim to increase efficiency and streamline data processing time
• Upgrading the design of various actuarial reports used by the team
• Ad hoc studies / tasks, such as large loss analysis, sensitivity tests on the reserves etc

These opportunities will provide you with a very good start for the development of your analytic skillsets and provide insights into the thinking and strategy of successful senior executives of multinational corporations like SCOR.

Required experience & competencies

Expertise:

• Previous working experience or internship in Actuarial field is not required but will be advantageous
• Strong analytical skill
• Previously worked on similar analytical university/work projects

Competencies:

• Motivated and optimistic
• Creative and dynamic
• Strong interpersonal skills
• Proactive and autonomous
• Result oriented

Proficiency:

• Microsoft suite office;
• Programming and VBA;
• Excellent oral and written skills in English

Required Education

• 2nd or final year, with a major in Actuarial, Mathematics, Statistics, etc.
• GPA of 3.5 or higher