Actuarial Intern

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.

Responsibilities

Main Scope 

• Technical support on reinsurance pricing

• Analytical support of data for the purposes of pricing

• Support in research and development of pricing guidelines 

• Support in maintaining and creating a database for the purposes of experience analysis

• Technical support to marketing team as needed 

• Market intelligence research on life and health insurance products as needed (including but not limited to, benefit and product provisions, benefit benchmarking, premium comparison, etc)

• Preparing pricing memos 

Research 

• Assist in the research and development of new product ideas from market and industry statistics 

Relationships 

• Work closely with business development team and participate in projects to enhance client relationships and new business opportunities for the India market 

Qualifications

Experience and Qualifications: 

• Minimum 3 papers cleared from IAI or IFoA. 

• Previous working experience or internship in a similar environment is not required but will be advantageous 

• Excellent communication and interpersonal skills as Indian colleagues work frequently with their regional counterparts

• Excellent analytical skills 

• Good team player and self-motivated 

• Proficient in Microsoft suite office, Programming and VBA; 

• Excellent oral and written skills in English

Remarks:

• Location: Mumbai (Hybrid working)
• Duration: 6 months or longer. Ideally full time or minimally 3 full days a week