Assistant Manager (Life)

KPMG's Actuarial and Insurance Risk practice provides a broad range of Actuarial services, including transactions support, capital management, modelling, Solvency II, IFRS, finance transformation, financial reporting, restructuring, reserving and audit support. We work together with other KPMG technical and sector specialists to help insurance clients prepare for the future.

We also assist insurance company clients with their risk management organization, dealing with regulatory investigations, managing risks, and implementing effective solutions. Our professionals cover several sub-segments, with frequent collaboration with other Risk Consulting services including Market, Credit and Operational Risk, Enterprise Risk Management (ERM), Governance Risk and Compliance (GRC) and Internal Audit, Risk and Compliance Services (IARCS).

Role and Responsibilities:

• Assisting in the delivery of a wide range of client engagements, working as part of a project team on client sites.
• Providing technical input to a number of projects.
• Supporting senior management efforts to cultivate and maintain target client relationships, including assisting with proposals and the development of sales materials.
• Drafting reports and presentations.
• Working with other KPMG teams and providing technical input.
• The successful candidate may be required to manage small teams.
• As well as project delivery responsibilities, the role involves supporting other aspects of the team's work including sales and marketing, research and development of new services, and knowledge management.
• Maintain a strong record of progress in the actuarial examinations.

Qualifications and Skills:

• Part-qualified actuary making strong exam progress (on track to qualify) with practical actuarial experience.

Experience and Background:

• Previous experience of working in the life assurance industry or life consultancy is essential.
• Strong Excel skills and VBA skills is a requirement.
• Detailed knowledge of UK regulatory regime for life insurers.
• Knowledge of Economic Capital and experience of modelling capital projects.
• Detailed knowledge of UK reporting methodologies, e.g. UK GAAP, IFRS, FSA Returns.
• Knowledge of overseas reporting methodologies (e.g. USGAAP) an advantage.
• Knowledge of Market Consistent Embedded Value techniques is a requirement.
• Modelling skills (e.g. Prophet, MoSes, VBA) is essential.
• Strong communication skills, both written and oral, and an ability to explain actuarial concepts to non-actuaries.
• A broad knowledge of life assurance products and knowledge of with-profits products is essential.
• Must be flexible and enjoy working on a wide range of projects.