The Hertz Corporation Actuarial Analyst in Estero, Florida
The Actuarial Analyst is responsible for providing support to the Insurance & Risk Management Group with respect to claims data management, evaluating claims liabilities, insurance rate analysis, profitability analysis, insurance program analysis, data reconciliation and audit support, and other various internal and external reporting responsibilities.
Key result areas:
Actuarial Reporting – perform reserve analysis to support the functions related to reserve adequacy and financial reporting of the claims liabilities. Also, perform rate analysis to support the functions related to proper accrual for claims and expense liabilities related to Hertz’s self-insured and insured risks. Support the building of actuarial models and analytics to drive continual improvement and accuracy in the rate and reserve levels. Partner with key personnel in accounting to ensure the appropriate rates and reserves are implemented into Hertz’s financial reporting system; and, that the required reporting that supports the financial audits is performed and completed in a timely manner.
Data Management – become functional with each of the claims, rental, and financial data systems, as well as develop expertise with databases, to the degree of being able to extract data, build reports, improve data availability and integrity, document structures and processes, and reconcile and validate data accuracy. Building strong data sources will drive improved analytics, streamline reporting processes, and reduce the time spent satisfying audit and reconciliation requirements; thus creating more cost-efficient reporting and providing management with greater business insight.
Internal Analytics – analyze rental and claims data to provide profitability and claims experience analytics to the various internal business unit partners to support both the structure and sale of rental agreements. Additionally, provide reports and exhibits to various internal partners in claims, tax, accounting, and finance to support each of their functions and reporting responsibilities.
External Reporting – liaise with the hired actuarial consulting firm with respect to providing data for analysis, managing timelines and work contracts, responding to questions and inquiries, and reviewing and approving actuarial reports produced and submitted by the actuarial firm. Furthermore, partner with insurance brokers, insurance carriers, auditors, and regulatory entities to provide data and reports that support both the accounting & finance and the insurance & risk management reporting needs and responsibilities.
Minimum four year college degree in mathematics, statistics, actuarial science, or related field. Established capability to pass Actuarial exams is not required but will receive favorable consideration.
3 or more years of relevant work experience.
Data processing and software applications experience.
Data analysis and reporting experience.
Claim administration and reserving.
Underwriting and insurance ratemaking.
Data systems, spreadsheet design, and reporting.
Analytical skills and problem solving.
Reporting and communication.
Data management, documentation and interpretation
Actuarial model design and reporting
Communication and collaboration
Agility and adaptability
Preferred Requirements :
Job ID 133374
# Positions 1
Division WHQ - Estero - Only