Responsibilities :  The responsibilities attributable to this role will include some or all of the following :  - Work as a core member of the actuarial team and contribute to make it a center of excellence   - Analyze the historical claims data and identify potential issues and trends and document the findings  - Build MS-excel based actuarial tools and be able to use triangulation methods for the purpose of estimating outstanding loss reserves for various (Re)insurance companies.  - Work on Statement of Actuarial Opinions (SAO) and actuarial audits of clients  - Review data, methodologies, assumptions, results and benchmark against market  - Reconcile results from previous year and compare with clients- results  - Review Nonlife pricing models and carry out bespoke modeling  - Assist with Solvency II Technical provisions actuarial reviews for PRA submission requirements  - Validate consistency across regulatory submissions  - Assist client with understanding and implementing the new regulations e.g. Solvency II, IFRS, etc.  - Provide transaction and due diligence support to the client  - Provide assistance with actuarial system transformation  - Assist with actuarial review of Economic capital requirements  - Make proper commentary on the results/findings and prepare the summary report  - Ensure work of high quality standards is delivered within agreed timelines  - Translating business requirements into analytical solutions  - Perform and deliver on complex adhoc business analysis  - Assist senior members of the team in day-to-day management activities including MI reporting  - Actively participate in engagement team meeting  - Communicate with engagement managers/Directors/partners in UK and build strong professional relationship  - Provide regular updates to stakeholders and discuss solutions to potential problem areas  The Individual :  Successful candidates will display a combination of the following :  - Graduate/Post graduate with a strong background in mathematics and statistics  - Member of Institute of Actuaries (UK) and/or Institute of Actuaries of India and must of passed at least 4 actuarial exams from either of these institutes.  - General knowledge of Insurance business and finance  - Familiarity with spreadsheets, databases, statistical analysis programs  - Strong analytical and problem-solving skills with attention to details  - Highly motivated self-starter with excellent verbal and written communication skills

Bangalore

KPMG - Actuarial Executive 

KPMG - Actuarial Executive  ,Job Description for KPMG - Actuarial Executive  in KPMG in  Bangalore for (1-4) years of experience. Apply Now!

Job Description for KPMG - Actuarial Executive  in KPMG in  Bangalore for (1-4) years of experience. Apply Now!