P&C Financial Analyst Intern

Job Summary:

Under the supervision of a Senior Business & Planning Analyst, you will participate in the overall P&C (non-life insurance) planning and forecasting activities (Strategic Plan, Operating Plan, FYLU) working on data production and performance analytics under mainly under IFRS17 and Solvency II frameworks.

Responsabilities: 

• Be responsible for the transformation of the underwriting plan from the business into a financial input (CSM):

  • Integrate underwriting plan coming from business and allocate charges
  • Calculate the discount for the underwriting & operating plan
  • Determine the profitability status of new contracts
  • Work with the expense team to determine the P&C part of management expenses

  • Create the underwriting input feeding operating plan calculations

    
    

• Contribute to the production of the Operating Plan, strategic plan and quarterly reforecast (technical financial planning) of the P&C Business Unit (BU) under Baseline, Solvency II and IFRS17, on a worldwide perimeter with a strong focus on IFRS17 financials and KPIs. 

  
  

• Contribute to the planning performance analysis

  
  

• Contribute to the development of new tools to build a more automatic, precise and robust process 

  
  
• Support transversal projects across the team:

  • Participation in the adaptation of the enhanced KPI framework to P&C planning (performance program)

  • Participate in various projects within the team especially linked to the evolution of the planning tooling 

Required Experiences and competencies : 

Experience: 

• First experience in Finance or (Re)Insurance would be a plus

Personal competencies:

• Strong interest in financial analysis (KPIs, analysis of change…)
• You can manipulate, analyze, and visualize different type of data
• Strong knowledge of Microsoft Office applications (Word, Excel, PowerPoint)
• Basic knowledge of IFRS17 and Solvency II would be a plus
• Basic knowledge of data management (especially within Foundry) would be a plus
• Strong collaborative and analytical skills required
• Strong aptitude, personality, and intellect; common sense and sound basic judgment.

• Good communication skills in both French and English as you will work in an international 

  environment

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.