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17/03 Nikita Fernandes
Senior Executive at KPMG

Views:41508 Applications:917 Rec. Actions:Recruiter Actions:760

KPMG - Actuarial Executive (1-4 yrs)

Bangalore Job Code: 432087

Responsibilities :

The responsibilities attributable to this role will include some or all of the following :

- Work as a core member of the actuarial team and contribute to make it a center of excellence

- Analyze the historical claims data and identify potential issues and trends and document the findings

- 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

- Ensure work of high quality standards is delivered within agreed timelines

- Translating business requirements into analytical solutions

- Perform and deliver on complex adhoc business analysis

- 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

The Individual :

Successful candidates will display a combination of the following :

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

- Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India and must of passed at least 4 actuarial exams from either of these institutes.

- General knowledge of Insurance business and finance

- Familiarity with spreadsheets, databases, statistical analysis programs

- Strong analytical and problem-solving skills with attention to details

- Highly motivated self-starter with excellent verbal and written communication skills

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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