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Financial Rating Analyst Intern

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SCOR

16d ago

  • Internship
    Full-time
    Summer Internship
  • Business, Operations & Strategy
  • Paris

AI generated summary

  • You should be pursuing a Finance/Insurance master's, have a solid financial background, strong Excel/PowerPoint skills, and excellent English communication skills. Insurance knowledge is a plus.
  • You will enhance quarterly reporting, analyze deviations, support top management's rating analyses, monitor key indicators, and participate in capital position assessments and internal communications with rating agencies.

Requirements

  • You are ideally enrolled in a Finance / insurance master with a strong interest in the insurance sector
  • 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

Responsibilities

  • You will be in charge of enhancing the quarterly reporting process of rating capital models.
  • In particular, along with the closing and operating plan processes you will review and analyse deviations compared to the plan and update projections.
  • You will also contribute to regular analysis on SCOR’s rating for the top management and ad-hoc analyses on key projects.
  • Within the “Investor relations and rating agencies” department, you will be involved in all matters related to the rating of SCOR:
  • Analysis, monitoring and calculation of key indicators, both qualitative and quantitative, that enter into account in the credit rating of the Group by the Agencies (Liquidity, leverage ratios, ROE, ...),
  • Ratings benchmark analysis on competitive position, financial strength, enterprise risk management, etc.
  • Active participation to the quarterly reporting process to the Top Management and Board Members, including rating models runs and KPIs follow-up.
  • Active participation in the year-end actuals capital position analysis and in the quarterly reporting process of the rating capital models (including S&P RFC model and other models).
  • In particular, along with the closing and operating plan processes you will review and analyze deviations compared to the plan and update projections.
  • Strong involvement in the team daily activities and high visibility across the Group.
  • Main contact for internal communication regarding rating agencies’ publications.
  • You may also be involved in confidential projects of the Financial Division.

FAQs

What is the main focus of the Financial Rating Analyst Intern role?

The main focus is to enhance the quarterly reporting process of rating capital models, including analyzing deviations from plans, updating projections, and contributing to key analyses related to SCOR's rating.

What qualifications are needed for this internship?

Candidates should ideally be enrolled in a Finance or Insurance master's program, possess a strong financial background, have knowledge of insurance, and display strong IT skills, particularly in Excel and PowerPoint.

Is prior experience in the insurance sector required?

While prior experience is appreciated, it is not explicitly required; a strong interest in the insurance sector is essential.

What skills are necessary for effective communication in this role?

Strong written and verbal communication skills in English are required for effective interaction, especially regarding internal communication and reporting processes.

Will this internship provide exposure to senior management?

Yes, the role involves active participation in the quarterly reporting process to Top Management and Board Members, providing high visibility across the group.

What types of analyses will the intern be involved in?

The intern will participate in analyses of key indicators for credit ratings, benchmarking analysis, and contribute to ad-hoc analyses on key projects.

Is involvement in confidential projects expected?

Yes, the intern may be involved in confidential projects within the Financial Division as part of their responsibilities.

What company culture can interns expect at SCOR?

Interns can expect a culture defined by "The SCOR Way," which emphasizes care for clients and people, integrity, courage, open-mindedness, and collaboration.

Are there opportunities for professional development during the internship?

Yes, working at SCOR allows interns to engage with industry experts, providing opportunities for learning and professional growth.

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.