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0–1 Yrs Exp | Graduate / Post-Graduate in Mathematics or Statistics | Analyst – Non-Life Actuarial Services | KPMG Global Services (KGS) | Bengaluru, Karnataka, India | On-site | Full Time

Deliver Non-Life Actuarial Analytics, Reserving Models, IFRS 17 / Solvency II Reviews, and Financial Audit Support for KPMG UK & US Engagements

Join KPMG Global Services (KGS) as a Non-Life (General Insurance) Actuarial Analyst in Bengaluru, India. Designed for graduates or post-graduates with strong mathematical/statistical backgrounds who have cleared at least 4 actuarial exams (IFoA, CAS/SOA, or IAI), this role works directly with KPMG onshore teams in the UK and US. You will construct loss-reserving models, evaluate historical claims data, support regulatory audit reviews (Solvency II, IFRS 17), build customized pricing tools, and apply data analytics to actuarial system transformations.

Key Responsibilities:

  • Analyze historical insurance claims data using actuarial triangulation methods to estimate outstanding loss reserves.
  • Build and maintain MS Excel-based actuarial tools and bespoke pricing/reserving models for general insurance and reinsurance clients.
  • Support Statement of Actuarial Opinions (SAO), actuarial audits, and Economic Balance Sheet / Solvency II regulatory reviews.
  • Perform data reconciliation against client submissions, benchmark assumptions against market standards, and document core analytical findings.
  • Provide technical analytics for IFRS 17 implementation, actuarial system transformations, and due diligence transactions.
  • Prepare detailed summary reports, management information (MI) dashboards, and maintain clear communications with global engagement leaders.

Tools/Technologies Used:

  • Actuarial Professional Standards: Member of IFoA (UK), CAS/SOA (US), or IAI (India) with 4+ Exams Passed
  • Domain Focus: Non-Life / General Insurance, Reserving, Pricing, Solvency II, IFRS 17, Economic Capital Modeling, Reinsurance
  • Software & Data Tools: Advanced MS Excel, Actuarial Modeling Software, Triangulation Methods, Data Visualization
  • Core Competencies: Statistical Analysis, Claims Trend Evaluation, Actuarial Auditing, Financial Reporting, Regulatory Compliance
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