US P&C Finance Intern

SCOR Group

New York (NY)

Hybrid

USD 34,000 - 37,000

Full time

7 days ago
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Benefits offered by this job

Health insurance
Retirement plan
Paid holidays

Job summary

SCOR Group in New York offers a finance internship focused on reinsurance processes, accounting, and regulatory reporting. You will complete closing tasks, organize files, run reports, and present data-driven recommendations to the Finance team.

During this hybrid program, you will gain technical, analytical, and decision-making skills through formal and informal learning opportunities, with relocation within the U.S. provided if necessary.

Qualifications

  • Pursuing a bachelor’s or master’s degree in a business- or data-related field.
  • Strong academic performance and experience with multiple projects.
  • Ability to manage multiple tasks and meet deadlines.

Responsibilities

  • Complete assigned closing tasks on a timely basis.
  • Organize and maintain comprehensive files to support audits.
  • Adhere to timelines in local closing calendars.
  • Run reports to support daily Landing during US Statutory quarter close.
  • Review quarterly variance analysis.
  • Investigate anomalies in local results.
  • Prepare analytical reports and support regulatory reporting teams.
  • Present data-driven recommendations to the Finance team.

Skills

Analytical skills
Time management
Teamwork

Education

Bachelor's or Master's degree in insurance and/or Risk Management, Business, Accounting, Economics, Statistics, Mathematics, or related field

Tools

Excel
PowerPoint
Microsoft Office

Job description

  • Learn about reinsurance and applications through on the job training with consummate members of the organization
  • Gain technical, analytical, and decision-making skills through formal and informal learning opportunities
  • Enhance analytical skills utilizing various applications (Business Objects, MS Excel)
  • Complete special projects or assignments that assist the Finance, and accounting departments
  • Network with senior leaders and experienced teammates to develop and understanding of the industry as well as create professional connections
  • Receive formal and informal feedback throughout the program
Responsibilities
  • Complete assigned closing tasks on a timely basis
  • Organize and maintain comprehensive files to support all audits
  • Adhere to timelines set in local closing calendars
  • Run reports to provide support for the daily Landing during the US Statutory quarter close period
  • Review quarterly variance analysis
  • Investigate possible anomalies during analysis of local results
  • Prepare various analytical reports and aid technical reporting and regulatory reporting departments with other special projects
  • Present data-driven recommendations to the Finance team
Qualifications
  • Working towards the completion of a bachelor’s or master’s degree in insurance and/or Risk Management, Business, Accounting, Economics, Statistics, Mathematics, other business, analytical, or data related field, or advanced degree at an accredited college or university.
  • Strong academic performance and experience working on a variety of projects
  • Demonstrated flexibility in managing multiple tasks and deadlines simultaneously
  • Proficiency in basic computer applications, such as Microsoft Office software products (with emphasis on Excel and PowerPoint)

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 New York: $25.50-$27.50 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.

  • Locations 28 Liberty Street, New York, NY, 10005, US
  • Job Schedule Full time
About Us

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.

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