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Trainee Business Analyst

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SCOR

Aug 10, 2023

Applications are closed

  • Job
    Full-time
    Entry Level
  • Data
  • London

Requirements

  • Competencies:
  • Attention to detail
  • Excellent analytical skills
  • Good time management and ability to meet deadlines
  • Teamwork and collaboration skills in a professional setting
  • Excellent communication and interpersonal skills
  • Motivated to share best practices and learnings
  • Customer focused and results oriented.
  • Ability to adjust to varying or unexpected changing conditions and shifting priorities.
  • Strong computer literacy skills. Experience using MS Excel and MS Access
  • Strong English language skills – written and verbal
  • Desirable skills:
  • Coding experience
  • Prior work experience in an office environment
  • Any additional language skills – written and verbal (French, Spanish, Mandarin, S. Korean, etc.)
  • Education:
  • Strong exam results at GCSE and A Level
  • BSc Undergraduate degree - minimum grade 2:1, or equivalence

Responsibilities

  • hELIOS requires reference tables and mappings to be set up for SCOR Global Life business. This requires analysis of the reinsurance treaties, product literature and existing systems to obtain the data and formula required to populate the tables and mappings. You will work closely with actuarial staff and client administrators. The stakeholders will be based in offices in different locations. Key tasks:
  • Support creation of reinsurance plans and mappings. You will either support the business with the creation by providing advice and review or you will create the reinsurance plans and mappings on their behalf. You will be expected to acquire an in-depth knowledge of hELIOS reference data, functionality and life insurance/reinsurance products and data in a short space of time.
  • Support the data engineers in their understanding of the policy data in order to facilitate coding of the routines to transform the data to a standard format
  • Test the reinsurance plans and test the processing of policy data end to end through the system
  • Flexibility will be required to assist with other data-oriented tasks relating to the system implementation which may arise
  • Business Support:
  • Acquire skills required to become a hELIOS Super User for all hELIOS components
  • Triage and analyse processing issues in hELIOS encountered by the business
  • Document processes and create/amend training material
  • Provide expert support on system functionalities (hELIOS usage, capabilities, structures, business advice)
  • Take part in the tests of new hELIOS releases

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.