Actuarial - Pricing Intern (Group Life)

Posted Yesterday
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Minneapolis, MN, USA
In-Office
26-28 Hourly
Internship
Insurance
The Role
Supports Group Life and Accident reinsurance actuaries with pricing, risk management, concentration data management, research, financial reporting, and project presentations. Collaborates with actuaries, underwriters, and global SCOR teams while gaining practical actuarial experience through a flexible school-year and summer internship schedule.
Summary Generated by Built In

Learn about an actuarial career by assisting SCOR’s Group Life and Accident Reinsurance actuaries with pricing, risk management and financial reporting work. Primary focus is expected to be in risk management as we monitor concentrations within our Group Life and Accident portfolio. 

Opportunity to work approximately 12-16 hours per week during the school year and full time during the Summer as part of SCOR's U.S. Internship Program. Flexible, hybrid work schedule allows Interns to gain valuable professional experience balanced with the individual’s specific school schedule.

Responsibilities
  • Support the actuaries and underwriters through active participation in projects and meetings 
  • Communicate and collaborate with other SCOR employees, both in Minneapolis and globally, to successfully complete projects and team goals 
  • Assist with concentration data management
  • Assist in research to supplement pricing and risk management where needed
  • Prepare project related reports and presentations 
  • Other actuarial related activities in support of the team
Qualifications
  • Pursuing undergraduate or graduate degree in Actuarial Science, Mathematics, Statistics, or similar field.
  • Passed at least one actuarial exam.

You may not meet every requirement listed in the job description. If you bring broad expertise and alignment to the role and resonate with our core values, we encourage you to apply.

Relocation assistance within the U.S. is available for this position. 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 ll 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 for roles performed in Minneapolis: $26.00-$28.00 hourly rate. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees. Other rewards may include annual bonuses, short- and long term incentives. In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.


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, 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.

Skills Required

  • Pursuing an undergraduate or graduate degree in Actuarial Science, Mathematics, Statistics, or a similar field
  • Passed at least one actuarial exam
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The Company
HQ: Paris, Paris
4,492 Employees

What We Do

SCOR, one of the world’s largest reinsurers, serves more than 5,000 clients worldwide, providing a diversified and innovative range of solutions to control and manage risk. SCOR delivers advanced financial solutions, analytics and services across all dimensions of risk in Life & Health, Property & Casualty, and Investments. Reinsurance lies at the intersection of technical expertise and scientific progress. Models, data, and pricing and reserving tools are essential, yet they are never sufficient on their own. Sound risk decisions require expert judgment, experience and perspective. This is what we call the Art and Science of Risk. Reinsurance is a knowledge industry, where expertise grows through accumulation, transmission and practice. Across the Group, 3,600 experts based in more than 35 offices worldwide contribute to this collective intelligence. Actuaries, underwriters, risk management specialists, and Tech & Data experts transform data into insight, explore extreme scenarios, define the boundaries of insurability and help anticipate emerging risks. Together, they strengthen the resilience of SCOR, our clients and the societies we serve. This expertise is built through shared experience,continuous questioning and collective reflection. Like artists, we belong to schools of thought, learning first to observe, then to replicate, and ultimately to innovate. This ongoing transmission of knowledge enables SCOR to develop a distinctive approach, combining rigor, creativity and long-term vision in the service of risk mastery. This shared commitment underpins SCOR’s role as a global reinsurer. By turning risk into resilience and sustainable value, our collective of experts acts with responsibility and purpose. Together, we help protect the future, and shape it, for our clients, for society and for generations to come.

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