The Hertz Corporation Manager Actuary in Estero, Florida
This position supports both the global finance and insurance risk management departments.
This Actuarial Manager reports to the Senior Director of Global Actuarial Services & Risk Analysis. This role is responsible for preparation of the quarterly actuarial reserving and annual ratemaking processes associated with Hertz Global Auto Liability and Workers Compensation programs with the support of actuarial staff. The position requires the ability to work independently and provide support and guidance to the Senior Director on all resulting analyses. The role also requires the coordination of all corporate financial, Sarbanes-Oxley, and external audit reporting requirements
The position will identify and develop cost reduction measures for the operational risk associated within these programs. The ability to synthesize traditional statistical and actuarial data and techniques to evaluate inherent rental population risk and/or revenue generation opportunities is key to this role.
The position will also have exposure to the VP of Finance, Corporate Controller, and Global Risk Business Partner, and Operational Management so it will require the ability to represent complex concepts in internal presentations.
“Hands-on” management of the actuarial analysis process through the supervision and review of individual program analyses produced by actuarial analysts.
Provide detailed actuarial analysis support.
Identify, model, and monitor key indicators and metrics for review with Division and/or claim operation to support the reasonableness of actuarial results.
Coordinate all related actuarial reporting and audit requirements in compliance with Sarbanes-Oxley controls.
Provide support for sound balance sheet reserve adjustments by preparing meaningful reporting tor senior management.
Compile detailed risk analytics through the use of query tools, such as Sequel, on the data warehouse, claim system, and other internal/external resources to indentify risk and profitability issues within the rental population and recommend cost savings measures to the rental operation.
Development of regular reporting to the rental operations for help in monitoring risk and any implemented cost savings recommendations. Interact with operations management to ensure understanding.
Assist in the development and implementation of a Global Risk Dashboard.
Four-year college degree in mathematics, statistics, actuarial science, or related field
5+Years of experience
Reserving / Ratemaking in a non-insurance carrier environment is preferable; otherwise experience should be with a property/casualty insurance company.
Some finance experience is preferable.
Development of actuarial and risk assessment initiatives through data modeling.
Development and implementation of work plans
Insurance Industry analysis and submission documentation
Deep understanding of actuarial and statistical concepts
Reserving and Rate Making
Data Query Design
Data systems and Reporting
Analytical skills, Complex problem solving and critical thinking
Oral and Written communication
Hertz is a Drug-Free Workplace. All employment is contingent on successful completion of drug and background screening.
Job ID 141797
# Positions 1
Division WHQ - Estero - Only