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Behavioural Science - Graduate Trainee

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SCOR

27d ago

  • Internship
    Full-time
    Off-cycle Internship
  • Dublin

AI generated summary

  • You need experience in literature reviews and experimental design, preferably in finance. A bachelor's in a related field and a master’s in Behavioral Science are required, along with strong communication and reliability.
  • You will analyze data, conduct literature reviews, design experiments, review customer materials, document findings, prepare presentations, and share insights on behavioral science in insurance.

Requirements

  • Experience:
  • Conducting literature review in academic or work-based context
  • Designing and running randomised control trial or similar experimental framework
  • Work placement in insurance or financial services sector, an advantage
  • Personal Competencies:
  • Team Building – ability to work together with peers, management and independently, locally and remotely, at an international level
  • Communication – strong interpersonal and communication skills
  • Reliability - Checks his/her work, challenges the solution before submitting it on time and identifies/corrects the mistakes if needed.
  • Curiosity - Demonstrates an appetite for learning and developing his/her-self in his/her field of expertise, can develop new practices and methods in relation with his/her day-to-day work.
  • Required Education
  • Minimum of a bachelor’s degree, ideally in economics/finance, risk management or mathematics
  • Masters or equivalent in Behavioural Science, Behavioural Economics or Behavioural Finance

Responsibilities

  • Conducting literature review and leveraging existing research to address business questions
  • Analysing data to support results stage of customer surveys and experiments
  • Reviewing customer facing materials (e.g. application forms) and providing feedback
  • Documenting findings of a review or data analysis
  • Designing an experiment or A/B test in lab setting and adapting for application in field setting
  • Collaborating with the team to discuss findings and plan tasks to achieve an overall objective
  • Preparing materials for client meetings/presentations
  • Presenting and discussing behavioural science principles with SCOR colleagues and in client meetings
  • Contributing to and reviewing communication materials to share behavioural science research
  • Following the latest Behavioural Science research and identifying a link to insurance business

FAQs

What is the duration of the graduate trainee position?

The graduate trainee position lasts for a 12-month period.

What qualifications are required for this role?

A minimum of a bachelor’s degree, ideally in economics/finance, risk management, or mathematics, as well as a master's or equivalent in Behavioural Science, Behavioural Economics, or Behavioural Finance.

What types of tasks will I be expected to perform?

You will conduct literature reviews, analyze data, design experiments, review customer-facing materials, document findings, collaborate with the team, prepare materials for presentations, and contribute to communication on behavioural science research.

Is prior experience in the insurance or financial services sector necessary?

While not necessary, work placement in the insurance or financial services sector is considered an advantage.

What personal competencies are valued for this role?

Key personal competencies include team building, strong communication skills, reliability, and curiosity.

Will I have the opportunity to present my findings?

Yes, you will present and discuss behavioural science principles with SCOR colleagues and in client meetings.

Will I be working alone or in a team?

You will collaborate with a team and also work across global teams at SCOR, as well as with external partners.

What is SCOR's approach to research and development?

SCOR's R&D community combines experts from various backgrounds to deliver impactful research that addresses common business objectives.

How does SCOR facilitate knowledge sharing?

SCOR encourages communication on the latest behavioural science research through a knowledge-sharing platform and presentations for colleagues.

What are SCOR's core values?

SCOR's core values include caring about clients, people, and societies; performing with integrity; acting with courage; encouraging open minds; and thriving through collaboration.

SCOR

Combining the Art and Science of Risk to protect societies

Finance
Industry
1001-5000
Employees
1970
Founded Year

Mission & Purpose

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.

Culture & Values

  • Innovation

    Technological innovation is a driver of change. SCOR’s continuing investment in understanding and modeling risk helps to push back the frontiers of insurability, from the customer experience to product development.

  • Excellence

    Excellence is SCOR’s language, spoken in our offices and with clients across the world. It inspires trust and fosters a culture that embraces problem-solving and innovative thinking.

  • Teamwork

    Teamwork, collaboration and knowledge-sharing are at the foundation of SCOR’s recognized client service, enabling us to deliver tailored risk solutions in more than 160 countries.

  • Diversity

    The Group pays close attention to creating and maintaining the conditions necessary for a collaborative working environment among diverse nationalities, age groups and cultures. SCOR’s employees represent 65 nationalities and are as diverse as they are talented.

  • Sustainability

    Protecting the environment and contributing to the resilience of society are integral parts of SCOR’s identity and culture. In an increasingly risk-filled and uncertain world, the reinsurance industry has a leading role to play in underpinning sustainable and responsible development.

  • Integrity

    SCOR acts with honesty, integrity and transparency in all matters to ensure that we are accountable for our actions. We strive to meet the highest standards in all that we do, building trust among our clients, employees, shareholders, and regulators.