SCOR

Operations & Risk Data Trainee Analyst

SCOR  •  London, GB (Onsite)  •  2 months ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

The Trainee Analystwill play a key role in supporting operational, regulatory and MGA operations activities across the organization. The role will support both new program onboarding and program renewals by collecting and reviewing due‑diligence materials, collaborating with Underwriting and Claims functions and supporting the development and enhancements ofdashboards to optimize data analytics and regulatory returns.

The Trainee Analyst will also support ongoing operational activities throughout each program’s lifecycle, helping to coordinate work across different teams and contributing to continuous process improvements and strong data quality. The Analyst role provides critical support in due diligence, data management, committee preparation, ongoing oversight, and audit coordination. This position plays a key role in maintaining operational discipline, data integrity, and control standards across the MGA portfolio, while contributing to continuous improvement, automation, and the efficiency of the MGA operating model.

The trainee analyst will support the team in the following:

  • Support the new programme onboarding process, including gathering data, completing due diligence, and assisting with underwriting and claims queries.

  • Ensure all new Delegated Authority relationships meet SCOR’s DA policy requirements and evolving regulatory standards.

  • Coordinate the scheduling, scoping, and follow‑up activities for third‑party reviews during onboarding.

  • Liaise with Underwriters, transversal functions, outsourced partners, and other stakeholders to gather required inputs for programme approval.

  • Support preparation of operational and regulatory returns linked to programme set‑up.

  • Support the maintenance of programmes through monitoring audits, SCORCards, EGPI processes, and bordereaux management.

  • Ensure adherence to delegated authority/MGA policies and internal controls.

  • Generate reporting to support day‑to‑day management of MGA operational activities.

  • Gather data requirements for BAU operations and committee reporting.

  • Assist in advancing automation and process efficiencies across the MGA portfolio.

  • Contribute to the renewal process through due diligence updates, data validation, and support to underwriting and claims.

  • Ensure renewed delegated authority relationships remain compliant with policy and regulatory expectations.

  • Perform additional tasks and activities necessary to support the effective running of MGA Operations.

Required Education

  • Bachelor's Degree in Business related discipline, or equivalent qualifications

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
Social Media