Actuarial Intern, P&C Reserving

Scor; New York (NY); Hybrid; USD 41,000 - 44,000; Full time

Benefits offered by this job

Relocation assistance within the U.S.

Job summary

SCOR is seeking an Actuarial Intern to join the P&C Reserving team in New York. This internship offers hands-on experience in actuarial reserving, data analysis, and process improvement within a large multinational reinsurance company.

You will assist with quarterly reserve analyses, data validation, and preparation of management reports, while developing automated tools using Excel, Power BI, SQL, and Python. The role fosters collaboration across actuarial, finance, and data teams.

Qualifications

• Pursuing a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, Data Science, Finance.
• Strong analytical and problem-solving skills.
• Proficiency in Microsoft Excel.
• Strong attention to detail and ability to work with large datasets.
• Effective written and verbal communication; able to manage multiple assignments.

Responsibilities

• Assist with quarterly reserve analyses across multiple lines of business.
• Compile, validate, and analyze claims and exposure data used in reserving studies.
• Support the preparation of reserve monitoring exhibits, management reports, and actuarial documentation.
• Perform data reconciliations and investigate data quality issues.
• Assist actuaries with trend analysis, reserve diagnostics, and ad hoc studies.
• Document reserving assumptions, methodologies, and analytical results.

Skills

Analytical thinking

Microsoft Excel

Data analysis

Communication skills

Problem solving

Education

Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, Data Science, Finance

Tools

SQL

Python

Power BI

Job description

We are seeking a motivated and analytical Actuarial Intern to join our Property & Casualty (P&C) Reserving team. This internship provides an excellent opportunity to gain hands-on experience in actuarial reserving, data analysis, and business process improvement within a large global reinsurance company.

The intern will support reserving actuaries in evaluating loss and expense reserves, analyzing claims data, and contributing to projects that improve the efficiency, automation, and governance of reserving processes. The role offers exposure to actuarial methodologies, reinsurance operations, and emerging analytical tools.

Reserving Support

• Assist with quarterly reserve analyses across multiple lines of business.
• Compile, validate, and analyze claims and exposure data used in reserving studies.
• Support the preparation of reserve monitoring exhibits, management reports, and actuarial documentation.
• Perform data reconciliations and investigate data quality issues.
• Assist actuaries with trend analysis, reserve diagnostics, and ad hoc studies.
• Document reserving assumptions, methodologies, and analytical results.

Process Improvement & Automation

• Participate in projects aimed at improving the efficiency and effectiveness of reserving processes.
• Identify opportunities to streamline data collection, reporting, and analytical workflows.
• Develop and enhance automated tools, dashboards, and reporting solutions using Excel, Power BI, SQL, Python or other analytical tools.
• Support process mapping and documentation initiatives to improve controls and governance.
• Collaborate with actuarial, finance, claims, and data teams to implement sustainable process improvements.
• Help evaluate and test new technologies and analytical approaches to support reserving activities.

Collaboration & Professional Development

• Work closely with reserving actuaries and actuarial leadership on strategic initiatives.
• Present findings and recommendations to team members.
• Gain exposure to actuarial techniques, reserving methodologies, and reinsurance financial reporting.
• Participate in team meetings, training sessions, and professional development activities.

• Pursuing a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, Data Science, Finance, or a related quantitative field.
• Strong analytical and problem-solving skills.
• Proficiency in Microsoft Excel.
• Strong attention to detail and ability to work with large datasets.
• Effective written and verbal communication skills.
• Demonstrated ability to manage multiple assignments and meet deadlines.

You may not meet every requirement listed in the job description. If you bring broad expertise and alignment to the role and resonate with our core values, we encourage you to apply.

Relocation assistance within the U.S. is available for this position. Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future.

Hybrid Work Policy: SCOR is committed to an "in-office" culture where people can collaborate, exchange ideas, and establish stronger working relationships while ll providing flexibility. To support employee work-life balance and increase opportunities for employees to excel every day, SCOR operates with a hybrid working arrangement. SCOR employees work 3 days per week in an office with the flexibility to work 2 days per week remotely.

Pay Range for roles performed in NY: $30-$32 hourly rate. Actual salaries may vary based on various factors including but not limited to location, experience, role and performance. The range listed is just one component of SCOR's total compensation package for employees.

Other rewards may include annual bonuses, short- and long term incentives.

In addition, we provide a variety of benefits to employees, including health insurance coverage, life and disability insurance, a retirement saving plan, paid holidays and paid time off.

• annual bonuses
• short- and long term incentives
• health insurance coverage
• life and disability insurance
• retirement saving plan
• paid holidays
• paid time off

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.