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Senior Consultant – Actuarial Services Non Life | Milan

The chance to build a better future is right in front of you

Do Work That Matters - Your role and responsibilities

Do you want to pursue a profession that is truly meaningful and impactful? At KPMG, you will have the opportunity to help clients, the company and colleagues address and solve the most current and complex challenges. KPMG Advisory offers consulting services to companies to assist them in business model transformation, process improvement and digitisation, risk analysis and management, and support in extraordinary finance transactions. When you join the Actuarial Services team in Milan , you are going to work on Non-Life insurance projects for top-tier clients in the Insurance sector.

Specifically, you will be tasked with:

• IFRS 17: definition of models to measure and estimate the impacts on the profit or loss of major insurance groups;
• Solvency II: measurement of technical reserves and SCR (standard formulas, USP and internal models);
• reinsurance: analysis and definition of optimal reinsurance strategies;
• planning: definition of planning models according to the different principles (local, Solvency II and IFRS 17);
• data analytics: analysis of data using innovative methodologies for pricing and reserving.

Come As YouAre - Your skills and characteristics

This is the perfect opportunity for you if:

• you have 2 years of experience with insurance companies, consulting companies or actuarial firms in which you worked on non-life insurance projects concerning reserving and/or pricing;
• solid knowledge of Solvency II issues;
• specialist degree in statistical and actuarial sciences or similar. Registration in the roll of actuaries is an advantage but not a requirement;
• good knowledge of some of the main programming languages (R, Matlab, VBA and Python);
• you are proficient in English, preferably with study/work experience abroad.

Your Future With Us - What you’ll find at KPMG

• An inclusive and equitable work environment that respects, encourages and values diversity.
• A challenging and dynamic environment that encourages creativity and teamwork.
• Hybrid work arrangements to promote a healthy work-life balance.
• Advanced training and development programmes to stay current.
• International mindset and innovative projects.
• Initiatives focused on mental and physical well-being.

Together for Better – Our values and commitment

Leadership, teamwork, respect every individual, continuous learning, transparency, commitment to the community and integrity. These are the KPMG values that create an environment that encourages the sharing of ideas and knowledge, so our professionals can achieve their full potential.

As a result of our commitment to fostering aninclusive workenvironment, our Network complies with the standards of the ISO 30415 requirements, on the Diversity and Inclusion Management System, and UNI PdR 125, relating to gender equality. Within ourImpact Plan - Our Impact Plan (kpmg.com) - you will find summarised all the concrete actions we are taking on environmental, social and governance (ESG) issues.

Your data will be processed in full compliance with the provisions of Regulation (EU) no. 679/2016 (General Data Protection Regulation - “GDPR”), as amended. For more information, please see KPMG’s privacy policy .

KPMG Advisory S.p.A. is an equal opportunity employer.