Intern P&C planning

SCOR UK Company Limited; Paris; On-site; EUR 40,000 - 70,000; Full time

Job summary

SCOR UK Company Limited in Paris seeks a participant for P&C (non-life insurance) planning activities. Under the supervision of a Senior Business & Planning Analyst, you will transform underwriting plans into financial inputs and contribute to strategic and operational plan production. Essential skills include financial analysis, data manipulation, strong collaboration, and knowledge of Microsoft Office. Candidates should be fluent in both French and English.

Qualifications

• First experience in Finance or (Re)Insurance would be a plus.
• Strong interest in financial analysis, including KPIs.
• Common sense and sound basic judgment.

Responsibilities

• Transform underwriting plan into financial input (CSM).
• Contribute to the production of operating and strategic plans.
• Develop new tools for planning automation.

Skills

Financial analysis

Data manipulation and visualization

Strong knowledge of Microsoft Office

Collaborative skills

Analytical skills

Communication skills in French and English

Job description

Under the supervision of a Senior Business & Planning Analyst, you will participate in the overall P&C (non-life insurance) planning and forecasting activities (Strategic Plan, Operating Plan, FYLU) working on data production and performance analytics under mainly under IFRS17 and Solvency II frameworks.

Responsibilities

• Be responsible for the transformation of the underwriting plan from the business into a financial input (CSM):
  • Integrate underwriting plan coming from business and allocate charges
  • Calculate the discount for the underwriting & operating plan
  • Determine the profitability status of new contracts
  • Work with the expense team to determine the P&C part of management expenses
• Create the underwriting input feeding operating plan calculations
• Contribute to the production of the Operating Plan, strategic plan and quarterly reforecast (technical financial planning) of the P&C Business Unit (BU) under Baseline, Solvency II and IFRS17, on a worldwide perimeter with a strong focus on IFRS17 financials and KPIs.
• Contribute to the planning performance analysis
• Contribute to the development of new tools to build a more automatic, precise and robust process
  • Support transversal projects across the team:
    • Participation in the adaptation of the enhanced KPI framework to P&C planning (performance program)
    • Participate in various projects within the team especially linked to the evolution of the planning tooling

Qualifications

Required Experiences and competencies:

• First experience in Finance or (Re)Insurance would be a plus
• Strong interest in financial analysis (KPIs, analysis of change…)
• You can manipulate, analyze, and visualize different type of data
• Strong knowledge of Microsoft Office applications (Word, Excel, PowerPoint)
• Basic knowledge of IFRS17 and Solvency II would be a plus
• Basic knowledge of data management (especially within Foundry) would be a plus
• Strong collaborative and analytical skills required
• Strong aptitude, personality, and intellect; common sense and sound basic judgment.

Good communication skills in both French and English as you will work in an international

• Job Schedule Full time

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.