Analyst

RiseWithVishwas; India; On-site; INR 600,000 - 1,200,000; Full time

Job summary

KPMG Global Services (KGS) in Bengaluru, India, is seeking a Non-Life Actuarial Analyst to support IFRS 17, Solvency II reviews, and financial audits for UK and US engagements. The role targets graduates or post-graduates with strong math backgrounds and 4 actuarial exams passed, focusing on loss reserves and predictive models.

You will work with UK/US onshore teams, develop pricing tools, and deliver data-driven insights through dashboards and reports for cross-border clients.

Qualifications

• Graduates or post-graduates with a strong mathematical/statistical background and at least 4 actuarial exams passed.

Responsibilities

• Analyze historical claims data using actuarial triangulation methods to estimate outstanding loss reserves.
• Build and maintain Excel-based actuarial tools and pricing/reserving models for general insurance and reinsurance clients.
• Support SAO, actuarial audits, and regulatory reviews (Solvency II, IFRS 17).
• Perform data reconciliation against submissions and document core analytical findings.
• Provide technical analytics for IFRS 17 implementation and actuarial system transformations.
• Prepare summary reports, MI dashboards, and communicate with global engagement leaders.

Skills

Statistical Analysis

Claims Trend Evaluation

Actuarial Auditing

Financial Reporting

Regulatory Compliance

Education

Actuarial exams passed (4+)

Tools

MS Excel

Actuarial Modeling Software

Triangulation Methods

Job description

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