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.
The Actuarial Department in Singapore oversees the pricing of Non-Life reinsurance contracts for our clients in APAC. We provide actuarial services to our Underwriting and Catastrophe Modelling departments. Our market studies and analysis support the business planning and steering by senior management.
ResponsibilitiesThe Intern will have the opportunity to work with experienced actuaries at SCOR Global P&C. This usually includes the following activities:
•Support of actuarial studies and natural catastrophe modelling projects by compiling the necessary data, statistical analysis and presentation of the results
• An individual project might be assigned to the intern
• Participation in internal workshops and trainings, including introduction into reinsurance treaty pricing and our pricing tool xAct (subject to COVID-19 restrictions)
• Reinsurance treaty pricing support during the main renewals
Duration:
• December 26/January 27 or May/June/July 27 onwards for a period of 6 months or longer
QualificationsExperience:
• Previous working experience or internship in a similar environment is not required but will be advantageous
• Strong mathematical and analytic skills
• First experience in statistical analysis and programming
• Previous work on similar analytical university/work projects
Personal Competencies:
• Motivated and optimistic
• Creative and dynamic
• Strong interpersonal skills
• Team player
Digital Competencies:
• Microsoft Office
• Experience with statistical tools like SAS and R
About UsAs 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
- Strong mathematical and analytical skills
- First experience in statistical analysis and programming
- Previous work on similar analytical university or work projects
- Motivated and optimistic
- Creative and dynamic
- Strong interpersonal skills
- Team player
- Microsoft Office proficiency
- Experience with statistical tools such as SAS and R
- Previous working experience or internship in a similar environment
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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