KPMG Hiring Graduates, Postgraduates: Check More Details

Overview:

KPMG is hiring an experienced Executive- Non-Life Actuarial at their Gurgaon location. You will work as a core member of the actuarial team and contribute to make it a center of excellence and analyze the historical claims data and identify potential issues and trends and document the findings.

The complete details of this job are as follows:

Roles and Responsibilities:

The Ideal Candidate should be able to:

Build MS-excel based actuarial tools and be able to use triangulation methods for the purpose of estimating outstanding loss reserves for various (Re)insurance companies.

Work on Statement of Actuarial Opinions (SAO) and actuarial audits of clients

Review data, methodologies, assumptions, results and benchmark against market

Reconcile results from previous year and compare with clients’ results

Review Nonlife pricing models and carry out bespoke modeling

Assist with Solvency II Technical provisions actuarial reviews for PRA submission requirements

Validate consistency across regulatory submissions

Assist client with understanding and implementing the new regulations e.g. Solvency II, IFRS, etc.

Provide transaction and due diligence support to the client

Provide assistance with actuarial system transformation

Assist with actuarial review of Economic capital requirements

Make proper commentary on the results/findings and prepare the summary report

Assist senior members of the team in day-to-day management activities including MI reporting

Actively participate in engagement team meeting

Communicate with engagement managers/Directors/partners in UK and build strong professional relationship

Provide regular updates to stakeholders and discuss solutions to potential problem areas.

Eligibility:

Qualifications: Graduate/Post graduate with a strong background in mathematics and statistics

2-4 years of experience in Insurance business and finance.

Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed at least 4 actuarial exams from any of these institutes.

To apply for this job, visit the official website

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