Trainee within Risk Modelling

About the job

Trainee within Risk Modelling

Job Description

We are looking for a highly qualified, motivated and enthusiastic candidate who is interested in contributing to our Risk Modelling Department. The department is responsible for developing SCOR’s Internal Model for the Group and local entities. During the traineeship, you will be assigned specific tasks related to Internal Model development. You will work closely with experienced risk modellers and collaborate with stakeholders across different departments, gaining a broad understanding of various processes and projects within SCOR, a truly global reinsurer and the 5th largest reinsurer worldwide.

Responsibilities

Key features of the Graduate Trainee opportunity

• Fixed-term contract of 12 months, with a start date as soon as possible.
• Python-based model implementation, methodology development and analytical work, under the supervision of a trainee mentor.
• Support and perform model change impact assessments and testing.
• Structured on-the-job training, including an introduction to reinsurance, internal processes and networking opportunities.

Qualifications

• Above-average university degree (Master, PhD) in Engineering, IT, Quantitative Finance, Mathematics, Physics, Actuarial Sciences or similar
• Good programming skills, preferably in Python, with interest in software engineering best practices
• Familiarity with basic concepts of risk modelling, statistics and quantitative finance is an advantage
• Prior experience with version control systems such as Git is an advantage
• Exposure to AI-assisted software development tools (e.g. GitHub Copilot or similar tools) is an advantage
• Strong conceptual and analytical capabilities, with the ability to approach tasks in a structured, goal-oriented, and independent manner
• Excellent communication skills and proficiency in English, knowledge of French or German is an advantage
• Global mindset, collaborative attitude and strong willingness to continuously learn and develop in an international environment

Why Join Us?

SCOR supports your career and helps you develop your skills by encouraging mobility, blended learning through the SCOR University and offering a dynamic, innovative working environment in beautiful, light-filled offices overlooking Lake Zurich.

Our compensation includes attractive benefits (such as participation to public transportation and delicious meals) and we promote a healthy work life balance through numerous initiatives and a hybrid working model.

As a socially responsible employer, our teams participate each year in projects around civic engagement, wellbeing and diversity in the workplace, environmental protection, and many others.

SCOR promotes diversity and equal treatment in all aspects of employment, from recruitment to evaluation, compensation and talent management. The Group is proud to employ people who care about each other, their community and society as a whole. We do everything we can to encourage these attitudes in our employees and to empower them to make a difference.

We look forward to your application!

Job Info

About Us

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

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