The Assistant Actuary will provide support for Workers Compensation (WC) IBNR Reserve estimation and analysis with a high degree of accuracy and predictability; pricing strategy and guidance; and ability to gain high level of credibility and consensus with external counterparts from public accounting firms, brokers and public company audit committee members, as well as internal executive team.
ESSENTIAL DUTIES/RESPONSIBILITIES This role will be responsible for or provide leadership for: • Develop profitability forecasting models used in the corporate planning process. • Enhancement of pricing strategies and guidance, pricing models and resulting analysis and pricing recommendations for worker’s compensation • Strong understanding of reserving and pricing. Underwriting experience is helpful but not required. • Development of actuarial tools to improve long term department efficiencies • Lead the development of the production & profitability forecasting models used in the corporate planning process. • Collaborates with the business areas to develop business strategies for states and lines of business • Lead the development, maintenance, and control of actuarial statistics necessary for actuarial studies • Providing senior management actuarial analysis of potential merger and acquisition targets. This consists of both profitability and reserve analysis and valuation. • Analyzing rates and rating plans to provide key partners analysis and recommendations regarding attaining or maintaining corporate profit and growth objectives. Provides research in the development of pricing strategy. • Providing resource in such matters as capitalization quantification, optimization of capital utilization, enterprise risk management, reserving, etc. • Other projects and responsibilities may be added at the manager’s discretion.
Bachelor’s Degree desired in Actuarial Science, Math, or related field, or equivalent education, training and/or work experience
Training Requirements (licenses, programs, or certificates): • ACAS required Experience: • 7+ years of actuarial experience Other Knowledge, Skills and Abilities: • Successful candidate will be an effective communicator who can successfully integrate into the Actuarial team and collaborate with the TriNet senior leadership team with confidence and authority • Excellent presentation and facilitation skills • Excellent project and time management abilities • Proficient in Microsoft Office Suite, strong Microsoft Excel skills required • Experience with Microsoft Access and statistical packages such as SAS preferred • A demonstrated commitment to high professional ethical standards and a diverse workplace • Ability to adapt to a fast paced constantly evolving business and work environment while managing multiple priorities
Telecommuting is allowed.
Additional Salary Information: Competitive comp package commensurate with experience plus incentives!
About TriNet USA
TriNet is a leading provider of comprehensive human resources solutions for small to midsize businesses (SMBs). We enhance business productivity by enabling our clients to outsource their HR function to one strategic partner and allowing them to focus on operating and growing their core businesses. Our full-service HR solutions include features such as payroll processing, human capital consulting, employment law compliance and employee benefits, including health insurance, retirement plans and workers’ compensation insurance.
TriNet has a nationwide presence and an experienced executive team. Our stock is publicly traded on the NYSE under the ticker symbol TNET. If you’re passionate about innovation and making an impact on the large SMB market, come join us as we power our clients’ business success with extraordinary HR.