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Recently postedFull timeFinance

Actuarial Life - Assistant Manager

KPMG Global ServicesGurugram🇮🇳India

Quick overview

SeniorityMid Senior
Employment typeFull Time
Work modeHybrid
LocationGurugram, India
Due DiligencePython

Job description

•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

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