Life & Health Product Development Intern, Southeast Asia

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.

Job Summary

SCOR, a leading global reinsurer is looking for young smart talents who aspires to have an inspiring and challenging start to their career in the risk industry! We welcome applications from talents who have a zest for living and who are passionate about what they do.

The selected candidate should be prepared to work in a fast-paced and demanding team environment, and will finish the internship having gained broad experience in various aspects of the product development cycle, product risk management and strategy.

The key project at hand will be to work on and contribute to L&H insurance products research and new product development work within SCOR Life & Health Southeast Asia team (a.k.a. SEA).

Key duties and responsibilities

• Lead life & health insurance product scanning and market research in the various SEA countries of Singapore, Malaysia, Thailand, Vietnam, Indonesia and Philippines.

• Lead and co-ordinate new product development work with the SCOR business underwriters, pricing, underwriting and claims teams.

• Prepare client presentation materials for new product ideas pitching.

Required experience & competencies

• Actuarial experience and past internship experience in Life & Health insurance companies preferred.

• Skills and Personal Competencies:

  • Effective verbal and written communication, time management and organization skills.

  • Ability to comprehend actuarial concepts and insurance product risk mitigations concepts.

  • Ability to think fast and logically.

  • Strong problem solving and analytical thinking ability.

  • Excellent team player and culturally flexible.

  • Other South East Asian languages is welcomed.

Required Education

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

• Preference will be given to candidate who has just completed at least their second year of their actuarial science degree.