Kpmg India Services Llp

Actuarial Life - Assistant Manager

Kpmg India Services Llp
Gurgaon/Gurugram
Not disclosed
Work from OfficeWork from Office
Full TimeFull Time
Min. 6 yearsMin. 6 years

Job Description

Actuarial Life - Assistant Manager

•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

Experience Level

Mid Level

Job role

Work location
Work locationGurgaon, Haryana, India
Department
DepartmentBanking / Insurance / Financial Services
Role / Category
Role / CategoryGeneral Insurance
Employment type
Employment typeFull Time
Shift
ShiftDay Shift

Job requirements

Experience
ExperienceMin. 6 years

About company

Name
NameKpmg India Services Llp
Job posted by Kpmg India Services Llp

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