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Capital Trainee

This role will focus on capital modelling and supporting business planning, exposure management and outwards reinsurance analysis.

Responsibilities

  • Assist in the maintenance, development and BAU running of the Scor Syndicate Internal Capital Model.
  • Assist with Stress and Scenario testing of the model.
  • Validation of the model and assisting with validation reporting.
  • Prepare and maintain the data required for quarterly capital assessments. Proactively analyse and evaluate methods and processes to maximise efficiency of work.
  • Contribute to the delivery of capital reports and the communication of results, key assumptions and uncertainties to the internal and external stakeholders.
  • Aid the development and maintenance of documentation of capital models in line with regulatory requirements.
  • Contribute to business planning, outwards reinsurance purchase and technical provisions processes.
  • Assist with SCOR Internal Model requests to enhance integration with the group model.
  • Aid in ad-hoc projects as required.

Required experience & competencies

  • Be comfortable working through technical problems at a granular level.
  • Communication: Excellent interpersonal verbal and written skills that enable the candidate to communicate effectively with colleagues and excellent presentation skills
  • Integrity: be honest and professional in all dealings with colleagues.
  • Independent: a thinker with an analytical mindset.
  • Flexibility: the ability to manage workload and prioritise different tasks.
  • Team work: Ability to work collaboratively across different teams and disciplines.
  • Strong planning and organisational skills.

Required Education

  • Strong Mathematical/Actuarial background or equivalent
  • Strong knowledge of Microsoft Office applications is required. A good working knowledge of VBA would be an advantage.
  • Knowledge or experience in reinsurance/insurance business (desirable but not required).
  • Excellent analytical and numerical skills
  • Strong written and verbal communication skills
  • Strong aptitude, personality and intellect
  • Curiosity and a desire to learn
  • Common sense and sound basic judgement
  • A personality capable of working efficiently and collaboratively across cultural boundaries
  • Eagerness to work towards actuarial qualification

About us

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. Leveraging experience and expertise to deliver “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.

In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.

At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.

View all jobs at SCOR

⛔️ SCOR are no longer taking applications for this job.

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