Se2 to double jobs at new Waterford operation

Life and pensions administrator Se2 said on Tuesday it would double the workforce at its Waterford operations to 135 employees over the next three to four years. The US company has an existing full-time team of 70, and hopes to fill out its 135-seat office over the coming years.

It opened its new Waterford offices onTuesday in what is an "important milestone" for the company, said chief executive Gautam Thakkar.

“ This is a sign of our continued commitment to the region, which is an important hub for our global service delivery model, and we are excited about this investment in our business.”

Se2 supports more than 1,000 life and annuity products for more than 20 clients, and has approximately $100 billion in assets under administration.

Janet Dulohery, vice-president and head of human resources with Se2, said the company was still interested in "hearing from ambitious people who are similarly enthused about making a real impact on the US life and pension industry".

The announcement is the latest jobs win for the Waterford region. Earlier this year healthcare company OPKO said it would create 200 highly skilled jobs over the next five years through the expansion of its EirGen Pharma facility in Westside Business Park in Waterford.