Trainee Actuary (Risk Advisory)

About KPMG in India

KPMG entities in India are professional services firms affiliated with KPMG International Limited. Established in India in August 1993, our professionals leverage the global network of firms and are well-versed in local laws, regulations, markets, and competition. With offices across India in various cities, we offer services to national and international clients across sectors. Our goal is to provide rapid, performance-based, industry-focused, and technology-enabled services that demonstrate our knowledge of global and local industries and our experience in the Indian business environment.

Actuarial Audits:

• Audit of the client's half-yearly and yearly valuation systems for a true and fair view.
• IFRS current and proposed IFRS 17 review.
• Solvency II review.
• IFRS to SII Technical Provision movements.

Modelling:

Modelling of reserves, risk margin, embedded value for various life products; migration of models from existing actuarial software (e.g. MGALFA to GGY AXIS); model testing and validation.

Appraisal Value/Transactions/Embedded Value Review:

Provide transaction and due diligence support to the client; including performing independent validation of Embedded Value calculations. Other related responsibilities include assisting clients with understanding and implementing new regulations (e.g., IFRS 17) and providing assistance with actuarial system transformation.

Equal Employment Opportunity Information

KPMG India has a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability, or other legally protected status. KPMG India values diversity and encourages you to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you.

Graduate/Postgraduate with a strong background in mathematics or statistics. Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India and must have passed at least 4 actuarial exams from either of these institutes including CT5.