Catastrophe Risk Intern

Reposted Yesterday
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Mumbai, Maharashtra, IND
In-Office
Internship
Insurance
The Role
Assist the APAC Cat team in natural catastrophe research, data analysis, and modelling projects while supporting client services and renewals.
Summary Generated by Built In

Company profile

SCOR is a leading global reinsurer, executing an underwriting policy focused on profitability, developing value-added services and adhering to a cautious financial policy in order to meet the expectations of their clients in terms of security.

Duration: 6 months or longer, minimum 4 days per week 

Internship Description

Assist APAC Cat team initiatives and R&D projects focusing on key APAC natural catastrophe perils. As part of SCOR Global P&C Pricing and Modelling team there will be the opportunity to contribute to reinsurance renewals and business process.

This internship in Nat Cat Modelling will give you the opportunity to be involved in various internal projects with a strong focus on data analysis, as well as usage of vendor models.

Responsibilities

Key duties and responsibilities

  • Support project work related to Nat Cat perils research, data collection, model evaluation, climate change study, product development, and / or tool automation. 

  • Assist client service and Nat Cat research network initiative for APAC.

  • Opportunity to be part of treaty reinsurance renewal using vendor Cat models and SCOR proprietary pricing tool for key APAC markets including India. 

  • Potential exposure to modelling and monitoring of Cat portfolio and accumulation control for key UW units

Qualifications

Required education

Tertiary education in a highly numerate structured disciplines, such as Earth Sciences, Engineering, and Maths/Statistics.

Personal competencies:

  • Interested in learning catastrophe modelling and reinsurance.
  • Solid analytical, problem-solving approach.
  • Clear communicator, able to structure an argument and explain complex issues in a simple way.
  • Team player.
  • Ability to multi-task.

 

Technical competencies:

  • SQL, VBA, GIS, or R programming skills are a distinct advantage.

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

  • Tertiary education in Earth Sciences, Engineering, Maths, or Statistics
  • Interest in catastrophe modelling and reinsurance
  • Solid analytical and problem-solving skills
  • Clear communication skills
  • Ability to multi-task
  • SQL skills
  • VBA skills
  • GIS skills
  • R programming skills
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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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