Actuarial Life - Assistant Manager
KPMG Global Services (KGS) · Consulting & Professional Services
- Gurgaon, Haryana, India
- On-site
- Posted yesterday
- Apply by 31 Oct
- Finance & Accounting
About the job
Proposed designation: Assistant Manager
Role type: Individual Contributor
Reporting to: Manager
Geo to be supported: US
Work timings: 11.30 to 20.00
Work mode : Hybrid
Employment Type: FTE
Actuarial Audits:
Audit of the client’s half-yearly and yearly actuarial reserves for true and fair view.
Review of USGAAP and US Stat current and proposed assumptions,
cash flows, controls and results
Independent policy level recalculations of US Life and Annuities products
Advisory support
Modelling and model validation support on multiple actuarial platforms
Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including performing independent validation of Actuarial calculations.
Assist client with understanding and implementing the new regulations e.g. LDTI, etc.
Assist with actuarial system transformation
Mandatory Skills
Qualifications: Graduate/Post-graduate with a strong background in mathematics and statistics
6+ 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 6 or more actuarial exams (with CM1 pass being mandatory) from any of these institutes.
USGAAP and USSTAT exposure, with working knowledge of US annuity products (FIA, VA, MYGA and IA).
Excellent written and verbal communication skills
Preferred Skills
Knowledge of modelling software like Prophet, Axis or languages like Python etc