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Actuarial Analyst - Life

KPMG · Bangalore

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Collected role description

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

  • 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.

  • Assist with actuarial system transformation #LI-SD2 Mandatory Skills
  • Qualifications: 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.

Preferred 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

Collected minimum qualification

Graduation

Collected experience requirement

0-1 years