Actuarial Reserving Intern

Job Description

The Actuarial Intern will work closely with a qualified member of the Americas Life Actuarial Reserving team. The candidate will assist with the design and implementation of value-add analytics and modeling solutions. She/he may also participate in the quarterly close process and work on other projects consistent with candidate abilities and interests as well as Company needs.

Responsibilities

• Assist with model development and creation of analytics and various other process improvements.
• Support the quarter close process to ensure accuracy of booked results under all applicable accounting standards.
• Perform ad hoc risk analyses and line of business studies as required.

Qualifications

• Bachelor's degree track, preferably in Actuarial Science, Finance, Mathematics, or Statistics.
• Prior internship experience in pricing or reserving in an actuarial department of an insurance, reinsurance, or consulting company is a plus.
• Successful completion of one or more actuarial exams of the Society of Actuaries or equivalent credentialing organization.
• Exposure to (re)insurance concepts with a preference towards Life lines of business.
• Communication skills with the ability to present results to various colleague constituencies.
• Ability to develop professional relationships across functional areas such as Claims, Underwriting, Financial Accounting, and Actuarial Pricing.
• Ability to understand numbers and analyze drivers of change.
• Enjoys being a team player and is passionate about learning and sharing knowledge.
• Microsoft Office skills, especially Word and Excel.
• Exposure to programming tools such as VBA, R, or Python is a plus.
• Exposure to Tableau or other data visualization tools is a plus.
• Exposure to actuarial modeling/projection software such as Prophet is a plus.

Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.

Hybrid work policy: SCOR is committed to an “in-office” culture where people can collaborate, exchange ideas, and establish stronger working relationships while still providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.

Pay Range: $26.00 - $28.00 hourly rate. Actual salaries may vary based on various factors including location, experience, role, and performance. The range listed is just one component of SCOR's total compensation package for employees.

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: 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.