SCOR

Capital Management Intern

SCOR  •  Paris, FR (Onsite)  •  2 hours ago
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Job Description

This 6-month internship aims to start in September 2026.

Department

This role is part of the Capital Management team, itself under the Group Treasurer responsibility. The Capital Management function is a strategic department of the Finance domain. The team has the ownership around internal capital actions governance, legal entities capital planning, internal retrocession. The team also leads special projects: identifying capital issues and inefficiencies, analyzing them, and proposing solutions or viable alternatives to management.

Internal Retrocession refers to the practice of transferring or redistributing a portion of an insurer's or reinsurer's risk within the same organization or group. This is done to optimize capital allocation, spread the risk exposure, and potentially reduce the need for external reinsurance.

Mission

As an intern within the Capital Management team: you will assist with the various processes to monitor and optimise the company's capital. This will involve collecting and analyzing data, maintaining or building financial models, and presenting your findings to senior members of the team. You will also have the opportunity to contribute to ad hoc corporate structuring projects and analysis. By the end of the internship, you will have gained valuable experience in financial modelling and analysis, as well as a deeper understanding of the company's overall financial strategy.

Within the Capital Management team, you will be involved in developing and maintaining the capital management processes, internal & external financing scheme and you will be in charge in particular of:

  • Maintaining and updating capital management models and assumptions
  • Preparing presentations for senior management and Board members regarding Capital Management, both at SCOR Group and local entities level.
  • Monitoring of local entities Solvency and potential capital needs, as well as the internal dividend plan
  • Supporting the team in the definition of the internal retrocession strategy
  • Assist the team in the maintenance and creation of the retrocession contracts, ensuring that contracts are accurate, compliant, and up to date
  • Projects: you will work with various members of the Capital Management team on a diverse range of topics depending on current and new projects, the changes in the organisation or the economic environment, and the priorities of top management.
  • Business School or Engineering ‘Grande Ecole’, University with focus in Finance
  • Strong financial background, Insurance knowledge appreciated
  • Strong IT skills: Strong Excel and PowerPoint skills required
  • Strong written and verbal communication skills in English is required

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.

SCOR

About SCOR

SCOR, one of the world's largest reinsurers, provides its clients with a diversified and innovative range of solutions to control and manage risk. Using its experience and expertise, “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – in Life & Health as well as in P&C.

The reinsurance industry is about combining technical expertise and experience with the developments of science. However many tools we use to conduct our activities (models, databases, pricing tools, reserving tools, and so on), we also need expert judgments and human experience to correctly underwrite. This is what we call the art of underwriting. Reinsurance is a knowledge industry. Expertise is an accumulation variable.

The most advanced tool will never replace the intuition of a seasoned underwriter facing a complex risk. Because at the end of the day, you have to make a decision, to sign, to underwrite. And what we have underwritten, we cannot overwrite - our word is our bond, as is our signature. This dimension of our business, linked to the art of underwriting, is more important than some observers would have people believe.

One way to acquire this art is to share experiences – both good and bad – and to share doubts and questions. Artists always belong to a school, from which they learn their craft.

Like artists, we have to learn, imitate, mimic, and then innovate, in order to find our own style and create our own distinctive work.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Paris, FR
Year Founded
Unknown
Website
scor.com
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