Within SCOR P&C, SCOR Specialty Insurance (Single Risk) is the central unit dedicated to insuring the business risks faced by large corporate companies. It has been serving its customers for more than 45 years and has maintained a continuous presence in the market by upholding a strong technical culture supported by SCOR’s best-in-class financial strength rating. Business activity is structured around three regions (APAC, EMEA, US) through various lines of business (e.g. Property, Construction, Energy, Casualty/Financial Lines, etc.). Clients in each region are served by specialized underwriters who rely on SCOR's technical expertise and client knowledge.
In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.
This internship provides a fulfilling exposure to insurance and reinsurance industry. Through close collaboration with experienced underwriters in the team, as well as colleagues in other cross-functional teams, this internship will provide a good head start in a career of Underwriting. The Intern will also gain valuable insights and experiences of working in multinational corporations like SCOR.
ResponsibilitiesKey Duties and Responsibilities
- Assist underwriters in evaluating and analysing risks, for both new and renewal accounts of Property and Power
- Compare year-on year changes in risk profile, as well as underwriting terms and conditions
- Perform benchmarking analysis, by occupancies and countries
- Review contract wordings per SCOR Underwriting Guidelines
- Ensure contract details are accurately entered in SCOR Underwriting Platform
- Conduct research on markets, segments or industries for business development potential
- Other duties and/or projects as assigned
Required Skills/Competencies
- Curiosity; strong desire to develop knowledge in (re)insurance industry, particularly in the field of underwriting
- Strong analytical and problem-solving skills
- Resilient, adaptable, and comfortable in working under pressure and uncertainty
- Attention to detail and accuracy
- Fast learner, self-motivated, proactive and committed
- Good interpersonal and communication skills
- International minded, ideally from overseas experiences such as exchange semester, OCIP, overseas internship, etc.
- Proficient in Microsoft Office, particularly Excel
- Prior internships or working experiences in insurance or underwriting considered a plus, but not required
Required Education
- Currently pursuing Bachelor’s or Master’s Degree in relevant disciplines (e.g. Business Administration, Economics, Statistics, Engineering, etc.), preferably in the final or penultimate year of study
- Minimum commitment period of 6 months; full time commitment is required
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
- Strong analytical and problem-solving skills
- Resilient, adaptable, and comfortable working under pressure and uncertainty
- Attention to detail and accuracy
- Fast learner, self-motivated, proactive, and committed
- Good interpersonal and communication skills
- International-minded, ideally with overseas experience such as an exchange semester, OCIP, or overseas internship
- Proficiency in Microsoft Office, particularly Excel
- Currently pursuing a Bachelor's or Master's degree in a relevant discipline, preferably in the final or penultimate year
- Minimum six-month commitment with full-time availability
- Prior internship or work experience in insurance or underwriting
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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