The Working Student will support the enhancement and operationalisation of the Group Operational
Risk Scenario framework, with a focus on improving the structure, consistency, documentation and
analytical support for scenario assessments used as key inputs to the Operational Risk Model. This
includes supporting the evolution towards a more structured scenario universe (e.g., “scenario
families”), improving scenario data quality, and preparing materials to facilitate reviews with subject
matter experts and governance committees.
We are looking for a candidate available at least 12 months, ideally longer.
Key duties and responsibilities
Scenario framework enhancement & documentation
Support the design and documentation of an improved scenario framework (e.g., structuring scenarios
into families and defining aggregation principles). Maintain and improve scenario documentation
standards (definitions, assumptions, net-of-controls logic, traceability of changes). Help ensure
scenarios remain coherent and integrated within the broader scenario universeScenario inventory, data quality & change control
Consolidate scenario inventories (IDs, owners, risk taxonomy mapping, versioning, review dates), and highlight gaps, overlaps or inconsistencies. Perform quality checks on key scenario fields (severityranges, frequencies, time horizons, documentation completeness) and propose standardised
improvements.Analytical support for scenario calibration
Produce basic analytics and visual summaries to support scenario calibration discussions (e.g.,
distributions, sensitivity views, comparisons across years / scenario families). (Analytical support
aligned with scenario assessment process.) Support preparation of scenario review packs for
workshops with SMEs / first line stakeholders (templates, pre-reads, action logs).- Governance support deliverables
Help prepare concise documentation and slides for internal governance touchpoints and committees when scenario framework topics are discussed. Track decisions, action items and follow-ups related to scenario framework improvements and scenario updates.
Required experience & competencies
Technical / Analytical
Strong analytical skills; ability combine multiple frameworks and structure messy information into clear
frameworks. Comfort with quantitative reasoning (ranges, frequencies, distributions) and data quality
checks. Proficiency in PowerBI and MS suite (excel, word, ppt). Ability to use AI is strongly
recommended.- Knowledge of statistics / modelling concepts; or programming skills (Python/R) for data processing.
Soft skills
Strong written communication (ability to draft crisp notes and slide content).
- Reliability, attention to detail, and respect of confidentiality. Ability to work with multiple stakeholders (ORM team, SMEs, first line) in a professional setting
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
- Available for at least 12 months
- Strong analytical skills and ability to structure messy information into clear frameworks
- Comfort with quantitative reasoning (ranges, frequencies, distributions) and data quality checks
- Proficiency in PowerBI
- Proficiency in Microsoft Excel, Word, PowerPoint
- Ability to use AI tools (strongly recommended)
- Knowledge of statistics/modelling concepts or programming skills for data processing (Python or R)
- Strong written communication and ability to draft concise notes and slides
- Reliability, attention to detail, and respect for confidentiality
- Ability to work professionally with multiple stakeholders (ORM team, SMEs, first line)
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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