- •Proposed designation: Consultant
- •Role type: Individual Contributor
- •Reporting to: Manager
- •Geo to be supported: US
- •Work timings: 11.30 to 20.00
- •Work mode: Hybrid
Primary Responsibilities
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
- •4-6 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.
- •Knowledge of modelling software like Prophet, Axis or languages like Python etc
- •Excellent written and verbal communication skills
Preferred Skills
•USGAAP and USSTAT exposure, with working knowledge of US annuity products (FIA, VA, MYGA and IA).
#LI-SD1
#KGS
Job description provided by KPMG Global Services.
View the original posting
