Actuarial Analyst - Life

Role overview

Actuarial Analyst - Life at KPMG

Required qualifications

• Assist with actuarial system transformation #LI-SD2 Mandatory Skills
• Graduate/Post graduate with a strong background in mathematics and statistics
• 0-1 years of relevant Actuarial experience.
• Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed at least 2 actuarial exams (with CM1 pass being mandatory) from any of these institutes.
• Minimum qualification: Graduation

Preferred qualifications and skills

• Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations without compromising on quality, and ethical standards and values
• Excellent written and verbal communication skills
• Team player
• Self-driven
• Ability to work independently and motivate team members
• Knowledge of modelling software like #LI-SD2

Employment details

• Proposed designation - Analyst Role type - Individual Contributor Reporting to - Manager Geo to be supported - US Work timings: 11.30 to 20.00 Work mode: Hybrid Primary Responsibilities
• Location: Bangalore [Karnataka] [India]

Additional role details

• Actuarial Audits: Audit of the client’s half-yearly and yearly valuation systems for true and fair view.
• USGAAP, USSTAT and IFRS 17 [Assumptions, methodology, controls and results] review Modelling: Modelling of reserves, risk margin, embedded value for various life products; model testing and validation.
• Advisory support
• Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including perform independent validation of Embedded Value calculations.
• Assist client with understanding and implementing the new regulations e.g. IFRS 17, etc.