The ambition of the Sustainable Insurance team is to build solid ESG frameworks for P&C and Life & Health underwriting, as well as raising awareness and disseminating a sustainable development culture across the company and in support of underwriters.
The apprenticeship will take place within the Sustainable Insurance team.
Key duties and responsibilities
You will reinforce the team and deal with various subjects, including the following:
Study of topics and methodologies relating to sustainable development and sustainable underwriting, with a particular focus on climate change and biodiversity.
Analysis of underwriting opportunities and risks. Impact and materiality on various sustainability-related topics (GHG emissions, deforestation, freshwater, plastic, etc.).
Development of extra-financial indicators and extra-financial reporting on underwriting portfolios in line with stakeholder expectations.
Collection and use of ESG (Environment, Social, Governance) data.
You will also help the team to spread the ESG culture throughout the company and help underwriters to better integrate its consideration.
Required experience & competencies
You are fluent in Excel and the Office package. Knowledge of Python would be appreciated.
An interest in sustainability, rigor, intellectual curiosity and excellent interpersonal skills are all desirable qualities. Previous professional experience in finance, insurance or sustainability would be appreciated but not mandatory.
Required Education
Higher education in business, engineering or postgraduate studies, ideally with a specialization in finance, insurance or sustainability, you would like to complete your education with an internship at the heart of a listed company's underwriting business.
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, 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.
