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Scor

Actuarial Function Summer Intern

Actuarial Function Summer Intern

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Job Details
""
Uploaded On
October 8, 2023
""
Location
Chicago, United States
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Remote?
No
Salary
$
k-$
k
Glassdoor Ratings
""
Recommend to a Friend
83%
""
Overall Score
3.8 / 5

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[ Job Description

SCOR's aim, as a Tier 1 global reinsurance company, is to

Develop its Life and P&C business lines, to

Provide its clients with value-added solutions

Pursue an underwriting policy based on profitability, through effective risk management

Maintain a conservative investment strategy

Therefore, fulfilling our goal to offer our clients an optimal level of security and create value for its shareholders.

SCOR is organized around two main businesses, SCOR Global P&C (Property and Casualty reinsurance) and SCOR Global Life (Life reinsurance), plus an asset manager, SCOR Global Investments. SCOR Global P&C and SCOR Global Life are leading global reinsurers, 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 Group has a global reach allowing it to serve the interests of all its clients as effectively as possible. The Non-Life and Life sectors, provide a diversification benefit and contribute in equal measure to the Group's success, providing it with stability and lowering volatility.

The Hub Americas covers the geographic region of North, Central and South Americas. Currently it consists of 15 offices that represent SCOR as legal entities, branches and representative/marketing offices and 800+ employees.

SCOR Reinsurance Company is the principal US Property & Casualty reinsurance subsidiary of the SCOR Group with approximately $2.7B in annual gross written premium and $1.1B of surplus. US affiliate companies include General Security National Insurance Company (Direct) and General Security Indemnity Company of Arizona (Surplus Lines).

The Opportunity

The Actuarial Intern, based on experience, will work closely with a qualified member of the Americas P&C Actuarial Reserving team, providing projections of reserve balances in a collaborative environment. She/he will also participate in quarterly close process and work on other projects consistent with candidate abilities and interests as well as Company needs.

About Us

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver "The Art & Science of Risk", SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk - from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.

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.

At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR's success. ]
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Working at 

Scor

SCOR is a leading global reinsurer with a rich heritage spanning several decades. With a strong presence in more than 160 countries, SCOR provides risk management and reinsurance solutions to clients worldwide. As an actuary at SCOR, you'll be part of a highly skilled team that plays a critical role in assessing and managing risks. Actuaries at SCOR utilize their expertise in statistical modeling, data analysis, and risk assessment to evaluate risks, develop pricing strategies, and ensure the financial stability of the company's reinsurance portfolio. Collaborating with cross-functional teams, actuaries at SCOR contribute their insights and analyses to support informed decision-making. Actuaries analyze complex data sets, assess risks, and provide valuable recommendations to help clients manage and mitigate their exposure. SCOR values professional growth and provides actuaries with ongoing training and development opportunities. Actuaries have the chance to enhance their skills, stay at the forefront of industry advancements, and contribute to the success of the company. Join SCOR's esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, make a significant impact on managing global risks, and enjoy competitive benefits in a collaborative and dynamic work environment.

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