Actuarial Intern

SCOR; Singapore; On-site; SGD 16,740 - 27,900; Full time

Job summary

A leading global reinsurer is looking for an Actuarial Intern in Singapore. This internship offers hands-on experience in the South Asia Valuation Team, focusing on reinsurance valuation and internal projects. You're expected to support actuarial reporting, assist with report preparation, and engage in ad-hoc projects over a 3-6 month period. Candidates should pursue a degree in a related field and possess strong communication and Excel skills. This is an ideal opportunity for those looking to enhance their actuarial knowledge.

Qualifications

• No prior actuarial work experience required.
• Keen interest to understand and build on actuarial models.

Responsibilities

• Support in the continuous improvement of actuarial reporting processes.
• Assist in the preparation of assigned reports and deliverables.
• Work on any other ad-hoc projects.

Skills

Effective verbal and written communication

Time management

Organization skills

Good knowledge of MS Excel

Experience in programming

Team player

Education

Bachelor’s degree in actuarial science, mathematics, statistics, economics, finance, or related field

Job description

Our internship program is designed to provide students with exposure into our reinsurance business, and to develop skills to promote personal and professional development. This internship in the Actuarial Department will give you the opportunity to be involved in various areas in reinsurance valuation and internal projects.

• This role places you with the South Asia Valuation Team, who are responsible for computing the liability and capital positions of the fast-growing South Asia macro market.
• The South Asia macro market covers 3 offices writing business in c.20 countries.
• You will support the South Asia Valuaton Team in producing its valuation deliverables, in addition to working on process improvements.
• Valuation activities focus on IFRS, Solvency II, local statutory/solvency reporting, and experience analysis

Responsibilities

Key duties and responsibilities

The Life Actuarial Intern will support the team in the following tasks:

• Support in the continuous improvement of actuarial reporting processes, analyses and controls across the South Asia macro market.
• Assist in the preparation of assigned reports and deliverables
• Any other ad-hoc project

Qualifications

Experience:

• No prior actuarial work experience required.

Skills and Personal Competences:

• Effective verbal and written communication, time management and organization skills
• Good knowledge of MS Excel
• Experience in programming is a plus
• Keen interest to understand and build on actuarial models
• Excellent team player

Duration:

• Immediate for 3-6 months

Required Education

Pursuing bachelor’s degree in actuarial science, mathematics, statistics, economics, finance, or related field with a strong quantitative orientation.

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.