Life Actuarial Intern, APAC

SCOR; Singapore; On-site; SGD 11,000 - 17,000; Full time

Job summary

A leading global reinsurer in Singapore is offering an exciting internship opportunity in the Actuarial Department. The intern will work across APAC, assisting in reserving activities and actuarial reporting processes for various projects. Ideal candidates will be pursuing a bachelor's degree in actuarial science or a related field, possess strong quantitative skills, and show a keen interest in actuarial models. This internship is a chance to develop valuable experience and be part of a collaborative team.

Qualifications

• No prior actuarial work experience required.
• Strong quantitative orientation is necessary for this role.
• Strong communication, time management and teamwork skills.
• Good MS Excel skills; programming experience is a plus; Korean language is a bonus.

Responsibilities

• Work across APAC on various reinsurance tasks.
• Support the APAC Actuarial team in reserving activities.
• Assist in the preparation of assigned reports.
• Contribute to ad-hoc projects.

Skills

Effective verbal and written communication

Time management

Organization skills

Good knowledge of MS Excel

Programming experience

Interest in actuarial models

Team player

Ability to read Korean

Education

Pursuing bachelor’s degree in actuarial science 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.

Key responsibilities include:

• In this exciting and fast-paced role, you will be working across APAC (including China, North Asia, South Asia & ANZ) writing business in c.30 countries and 13 legal entities in the region
• Supporting the APAC Actuarial team in the management of all divisional reserving activities for Life business
• With a focus on IFRS17, Solvency II, local statutory/solvency reporting, and experience analysis

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 macromarkets
• Assist in the preparation of assigned reports
• Any other ad-hoc project

Qualifications

Required experience & competencies

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
• Ability to speak and read Korean will be a bonus

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.