Consulting, Actuarial
2 weeks ago
**Function(s)**:Advisory**Work Type**:Permanent**Start Date for Applications**:30 Sep 2024**Closing Date for Applications**:
KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 143 countries and territories with more than 273,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.
Job Description
The KPMG Actuarial Services team offers innovative business strategies to clients with an aim of helping them 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.
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**Together with a team of actuarial professionals, you will**:
- Participate in actuarial audits and advisory work for our life insurance clients such as direct insurers and reinsurers
- Participate in IFRS 17 related engagements such as gap assessment, financial impact assessment, end-to-end testing, modelling enhancement, as well as generation and review of parallel run / comparatives results.
- Participate in Participating fund reviews, actuarial internal audits, actuarial peer reviews, expense studies, etc.
- Participate in Merger & Acquisitions (M&A) and due diligence projects, as well as business planning, projection and strategy projects.
- Building actuarial models (i.e. Prophet, Excel) to support in decision making and analysis
- Advise clients on various insurance topics such as accounting and regulatory change, claims, pricing or reserving process optimisation, market studies
- Support in business development initiatives such as preparing proposals and presentations
- Collaborate with KPMG offices globally
- Bachelor’s degree in related disciplines such as Actuarial Science, Mathematics, Statistics, Engineering or equivalent
- Strong analytical and problem-solving skills
- Keen attention to detail
- Ability to communicate complex ideas clearly and succinctly
- Strong time management skills and ability to juggle multiple assignments at the same time
- Knowledge of Excel/VBA, SAS, SQL and R will be an advantage
- Desire to pursue actuarial examinations with an internationally recognised actuarial organisation such as Society of Actuaries (SOA), Institute and Faculty of Actuaries (IFOA) or the Actuaries Institute of Australia
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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, race, 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.
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