Risk Advisory Actuary Analyst Internship in Mumbai at KPMG

KPMG is hiring for the role of Risk Advisory Actuary Analyst!

Responsibilities of the Candidate:

• Audit of the client’s half-yearly and yearly valuation systems for true and fair view.
• Assist in model reserves, risk margin, and embedded value for various life products; migration of models from existing actuarial software (e.g. MGALFA to GGY AXIS); model testing and validation.
• Provide transaction and due diligence support to the client; including performing independent validation of Embedded Value calculations.
• Assist with actuarial system transformation.

Requirements:

• Education / professional qualifications
• 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 of passed at least 4 actuarial exams from either of these institutes including CT5.
• Prior Experience: 2-4years of life actuarial experience with knowledge in reporting - reserving, embedded value, business planning, pricing etc
• Understanding of IFRS 17 preferred. Knowledge of stochastic modelling and proxy modelling is a plus.