Logo of Huzzle

Home

Matches

Explore

Manage

Actuarial Inforce Management Summer Intern

image

SCOR

Dec 7, 2023

Applications are closed

  • Internship
    Part-time
    Summer Internship
  • Banking & Finance
  • Charlotte

Requirements

  • Pursuing undergraduate degree, preferably in Actuarial Science or Mathematics.
  • Passed at least one actuarial exam
  • Experience:
  • Actuarial Science background
  • Understanding of statistical and mathematical concepts
  • Competent in qualitative and quantitative research methods
  • Strong PC skills (PowerPoint, Excel, Access)
  • Ability to work effectively both independently and as part of a team.
  • Personal Competencies:
  • Problem Solving – Can see through the clutter of information and data to propose a clear path forward.
  • Communication – Formulates ideas and uses the right tools to present information.
  • Resilience - Demonstrates an ability to persevere through difficult situations and to bounce back after a failure.
  • Execution – Guides projects and assignments through to completion.
  • Accountability - Raises critical points and questions when needed and shows responsibility when working independently.
  • Commitment – Brings excitement, skill and insight to every assignment and uses personal talents to contribute to the success of the Group.
  • Curiosity - Demonstrates an appetite for learning and growing knowledge.
  • Adaptable – Embraces new practices and methods.

Responsibilities

  • Complete all projects that inform inforce analytics in a timely manner as assigned by manager.
  • Actively participate in team meetings.
  • Prepare standardized project related reports and PowerPoint presentations to communicate project status, issues, successes, etc.
  • Collaborate with various key stakeholders such as Finance and Legal.
  • Assist team in completing ad hoc requests.
  • Attend ONE (Onboarding of New Employee) session.
  • Attend abbreviated NEO (New Employee Orientation) program.
  • Work with Manager and Intern Buddy to ensure that all expectations and goals are being met. Ask questions as needed.
  • Comply with all SCOR policies and procedures.
  • Complete Reinsurance Industry Overview training (“Reinsurance Basics” courses provided by LOMA). Training is offered online.
  • Make Final Presentation during Program Wrap-Up.
  • Provide feedback on the program and offer suggestions for improvement.
image

SCOR

Combining the Art and Science of Risk to protect societies

Finance
Industry
1001-5000
Employees
1970
Founded Year

Mission & Purpose

SCOR, one of the world's largest reinsurers, provides its clients with a diversified and innovative range of solutions 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 as well as in P&C. The reinsurance industry is about combining technical expertise and experience with the developments of science. However many tools we use to conduct our activities (models, databases, pricing tools, reserving tools, and so on), we also need expert judgments and human experience to correctly underwrite. This is what we call the art of underwriting. Reinsurance is a knowledge industry. Expertise is an accumulation variable. The most advanced tool will never replace the intuition of a seasoned underwriter facing a complex risk. Because at the end of the day, you have to make a decision, to sign, to underwrite. And what we have underwritten, we cannot overwrite - our word is our bond, as is our signature. This dimension of our business, linked to the art of underwriting, is more important than some observers would have people believe. One way to acquire this art is to share experiences – both good and bad – and to share doubts and questions. Artists always belong to a school, from which they learn their craft. Like artists, we have to learn, imitate, mimic, and then innovate, in order to find our own style and create our own distinctive work.

Culture & Values

  • Innovation

    Technological innovation is a driver of change. SCOR’s continuing investment in understanding and modeling risk helps to push back the frontiers of insurability, from the customer experience to product development.

  • Excellence

    Excellence is SCOR’s language, spoken in our offices and with clients across the world. It inspires trust and fosters a culture that embraces problem-solving and innovative thinking.

  • Teamwork

    Teamwork, collaboration and knowledge-sharing are at the foundation of SCOR’s recognized client service, enabling us to deliver tailored risk solutions in more than 160 countries.

  • Diversity

    The Group pays close attention to creating and maintaining the conditions necessary for a collaborative working environment among diverse nationalities, age groups and cultures. SCOR’s employees represent 65 nationalities and are as diverse as they are talented.

  • Sustainability

    Protecting the environment and contributing to the resilience of society are integral parts of SCOR’s identity and culture. In an increasingly risk-filled and uncertain world, the reinsurance industry has a leading role to play in underpinning sustainable and responsible development.

  • Integrity

    SCOR acts with honesty, integrity and transparency in all matters to ensure that we are accountable for our actions. We strive to meet the highest standards in all that we do, building trust among our clients, employees, shareholders, and regulators.