Senior Associate Life Actuarial

KPMG Services Pte Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading professional services firm in Singapore is seeking a motivated Actuarial Consultant to join their Actuarial Services team. The successful candidate will engage in actuarial audits, IFRS 17 projects, and advisory engagements within the insurance and financial services sector. Candidates should have 2-6 years of relevant experience, strong analytical and problem-solving skills, and advanced proficiency in actuarial modeling with Prophet. The role emphasizes independent work and offers generous opportunities for personal and professional growth.

Benefits

Flexible working framework

Diverse and inclusive workplace

Qualifications

• At least 2-6 years of experience in the life insurance or consulting field, preferably within the ASEAN market.
• Ability to work independently.
• Experience with performing actuarial audit.

Responsibilities

• Performing actuarial audit for life insurance and reinsurance clients.
• Liaising with stakeholders to perform assessments and prepare reports.
• Contributing to IFRS 17 projects.
• Participating in advisory engagements.
• Reviewing or building financial models.
• Mentoring and training of junior staff.

Skills

Strong communication skills

Analytical skills

Problem-solving skills

Actuarial modelling with Prophet

Education

Recognised degree or relevant qualification

Job description

Job Description

The KPMG Actuarial Services team offers innovative business solutions to help clients navigate the rapidly changing insurance industry. Our professionals have sound technical skills with the ability to cut through complex issues to help our clients make more effective and efficient business decisions. We invite highly motivated, dynamic professionals to join our growing Actuarial practice. Successful candidates will play a significant role in offering a wide range of actuarial consultancy services in the insurance and financial services industry.

The role involves:

• Performing actuarial audit for our life insurance and reinsurance clients
• Liaising with internal and external stakeholders to perform assessments, discuss the findings and prepare assessment reports
• Contributing to IFRS 17 projects including assisting in financial impact assessment, performing actuarial modelling and providing technical support
• Participating in advisory engagements related to capital and risk management reviews, reserving and pricing reviews, mergers and acquisitions consulting, and pension valuation
• Reviewing or building financial models including business planning/ forecasting, corporate financing and capital management
• Mentoring and training of junior staff

The ideal candidate should have:

• Possess a recognised degree or relevant qualification
• At least 2-6 years of experience in the life insurance or consulting field preferably within the ASEAN market
• Possess strong communication, analytical and problem-solving skills with the ability to work independently
• Advanced proficiency in actuarial modelling with Prophet is a must

#LI-FM1

Only shortlisted candidates will be contacted by KPMG Talent Acquisition team, personal data collected will be used for recruitment purposes only. At KPMG in Singapore we are committed to creating a diverse and inclusive workplace. We believe that diversity of thought, background and experience strengthens relationships and delivers meaningful benefits to our people, our clients and communities. As an equal opportunity employer, all qualified applicants will receive consideration for employment regardless of age,, gender identity or expression, colour, marital status, religion, sexual orientation, disability, or other non-merit factors. We celebrate the different talents that our people bring and support every staff member in their journey to achieve personal and professional growth. One of the ways we do this is through Take Charge: Flexi-work, our flexible working framework which enables agile and innovative teams to help deliver our business goals.