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Working Student Cat Model

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SCOR

1mo ago

  • Internship
    Full-time
    Summer Internship
  • Cologne

AI generated summary

  • You should be a student in mathematics or engineering and proficient in data manipulation using Python.
  • You will enhance exposure models using big datasets, conduct Nat Cat research, apply data science techniques, report analytics, recommend data quality improvements, and support R&D projects.

Requirements

  • - Student, preferably in mathematics, engineering, or a related field.
  • - Proficient in data manipulation (programming in python).

Responsibilities

  • Implement a pipeline for enhancing the exposure model using big datasets publicly available and leveraging innovative techniques
  • Enhance the SCOR view of risk for earthquakes from the enriched exposure model
  • Conducting Nat Cat related research and translate the research insights into positive impacts for the business
  • Leveraging data science and machine learning techniques to enhance the exposure data sets of SCOR with open-access datasets – specially for central and south America
  • Reporting analytics essential for the implementation of a pipeline for ingestion of open-access datasets
  • Making data quality recommendations for improvement in the highlighted regions
  • Working with Cat R&D to enhance the SCOR view of risk for earthquakes
  • Supporting in R&D projects for the production environment

FAQs

What are the main responsibilities of the Working Student Cat Model position?

The main responsibilities include implementing a pipeline for enhancing the exposure model, conducting Nat Cat related research, leveraging data science techniques for data enhancement, making data quality recommendations, and supporting R&D projects for the production environment.

What qualifications are required for this position?

Candidates should be students, preferably in mathematics, engineering, or a related field, and must be proficient in data manipulation, particularly programming in Python.

Will there be opportunities for professional development in this role?

Yes, working at SCOR provides an opportunity to engage with industry experts and encourages collaboration in solving pressing societal challenges.

Is this a permanent position?

No, this position is for a working student, typically intended for those currently pursuing their studies.

What regions will the focus be on for the data enhancement?

The focus will be particularly on central and south America.

What kind of research will the role involve?

The role will involve conducting research related to natural catastrophes (Nat Cat) and translating those insights into positive business impacts.

How does this position contribute to SCOR’s mission?

This position contributes to SCOR’s mission by enhancing risk models, which ultimately helps clients manage and control risk, promoting societal welfare and resilience.

What tools or technologies will I be using in this job?

You will primarily use Python for data manipulation and possibly other data science and machine learning tools as part of the exposure model pipeline implementation.

Is this role focused on individual tasks or does it encourage teamwork?

This role encourages teamwork, as you will be collaborating with other professionals such as actuaries, data scientists, and risk modelers at SCOR.

Will I have the opportunity to influence business opportunities through this role?

Yes, you will have the opportunity to influence business opportunities by modifying existing exposure models to reflect risk changes based on research findings.

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.