Strategy & Business Development Actuarial Co-op

 

OPPORTUNITIES 

• Make an impact in the workplace by driving strategic decisions regarding new products and distribution through collaboration, research and analysis 
• Develop significant leadership skills through leading the charge on new explorations – prospecting and meeting with potential clients, presenting to the team on potential areas to invest in, coordinating with vendors and other partners on joint initiatives from ideation to execution 
• Gain exposure and hands-on experience in a myriad of different areas contributing to the business, such as working with the Pricing, Underwriting, Marketing, Operations team, and more 

DUTIES AND RESPONSIBILITIES 

Support the Partnerships team across several new deals and products being developed: 

• Create and monitor dashboards to assess strategic initiatives using key performance indicators for current deals and communicate results in a clear and concise manner
• Maintain repository for strategy initiative progress updates
• Support strategy execution process by collecting and consolidating internal deal-related data and summarize for management
• Create and update strategic communications around new products and programs to be shared with internal and external stakeholders
• Research and monitor current and emerging:
  • Clients & prospects: people, products, processes, and strategic goals
  • Markets: industry associations, third-party providers, competitors
• Create benchmarks to compare rates of new, proprietary products against market competitors
• Contribute to developmental projects by providing recommendations and/or innovative ideas
• Liaise with and support operational, underwriting, and pricing teams on various deals.

EDUCATION 

• Currently pursuing a Bachelor’s Degree in Actuarial Science/Statistics with sound grades 
• Exposure to life insurance courses and/or business courses considered an asset. 

 

EXPERIENCE/QUALITIES 

• Prior co-op experience in Life insurance, an actuarial setting and/or Business role is an asset 

 

COMPETENCIES 

• Excellent communication skills; written & verbal, formal/informal presentation
• High initiative-taking and leadership qualities
• Likes to operate on complex initiatives with high autonomy and ownership
• Comfortable working both independently and in a collaborative team setting
• Strong analytic skills
• Proficient PC literacy including Microsoft Excel, Word, and PowerPoint
• Ability to multi-task and juggle numerous, changing priorities under time constraints
• Working knowledge of insurance and business / financial concepts
• Basic knowledge of programming and actuarial principles is an asset

 

SCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art & Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life & Health and Property & Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients. 
In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.
At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.