Insurance Audit - Senior Associate, Singapore

KPMG Singapore; Kota Medan; On-site; SGD 30,000 - 70,000; Full time

Job summary

An established industry player is seeking a dedicated Audit Professional to join their dynamic team. In this role, you will conduct audits in the insurance sector, leveraging your expertise in IFRS 17 and data analytics tools. You will collaborate with diverse teams to understand client needs and deliver high-quality audits while managing projects and guiding team members. This innovative firm values diversity and inclusion, providing a supportive environment for personal and professional growth. If you're looking for a role that challenges you and offers opportunities for travel and development, this position is perfect for you.

Benefits

Flexible Working Framework

Diversity and Inclusion Initiatives

Professional Development Opportunities

Qualifications

• 3+ years managing client portfolios in the insurance sector.
• Strong knowledge of IFRS, US GAAP, and SOX-404.

Responsibilities

• Conduct audits of insurance accounting under IFRS 17.
• Assist in special projects, including IFRS 17 implementation.

Skills

IFRS 17

Data Analytics

Audit Execution

Communication Skills

Project Management

Education

Degree in Accountancy

Professional Accounting Qualifications (CA, ACCA, CPA)

Tools

Alteryx

KPMG Audit Innovation Tools

Job description

KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax, and Advisory services. We operate in 143 countries and territories with more than 273,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

Job Description

The successful candidate will have the following responsibilities:

1. Work in teams to understand our client’s business in the insurance sector.
2. Conduct audits of insurance accounting under IFRS 17 using our global audit program and methodology.
3. Understand the relationships between audit objectives, the need for sufficient audit evidence, and the presentation of conclusions.
4. Assist in special projects, including IFRS 17 implementation for regional and local insurance clients.
5. Utilize technology, data analytics, and auditing tools such as Alteryx, Moody, and KPMG-developed audit innovation tools.
6. Be part of the Financial Services audit unit, offering exposure to other financial institutions, fintech, and related industries.

The Ideal Candidate Should Have

• A recognised degree in Accountancy or professional accounting qualifications such as CA Singapore, ACCA, CPA Australia, etc.
• At least 3 years of experience managing a client portfolio from planning to audit execution in the insurance sector.
• Strong knowledge of IFRS (e.g., IFRS 4/17), US GAAP, and SOX-404.
• Good understanding of business and risk management issues, with familiarity with regulatory and reporting environments.
• Excellent communication skills, strong analytical abilities, and good business acumen.
• Self-motivated and able to work independently with minimal supervision.
• Ability to deliver quality presentations and well-written reports.
• Strong project management skills, including team leadership and providing guidance to team members.
• Willingness and ability to travel as needed.

At KPMG in Singapore, we are committed to creating a diverse and inclusive workplace. We believe that diversity of thought, background, and experience strengthens our relationships and benefits our people, clients, and communities. We are an equal opportunity employer, and all qualified applicants will receive consideration regardless of age, race, gender identity or expression, colour, marital status, religion, sexual orientation, disability, or other non-merit factors. We celebrate our people's talents and support their personal and professional growth through initiatives like Take Charge: Flexi-work, our flexible working framework, enabling agile and innovative teams to achieve our business goals.