OVERVIEW
Location - Mumbai/Gurgaon

About KPMG in India
KPMG entities in India are skilled services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.
KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business setting.

Key Responsibilities
Support end‑to‑end IFRS 17 implementations including:
Model design and validation for GMM, VFA, and PAA
Contract grouping and unit of account
CSM calculation, release, and analysis




Interpret IFRS 17 standards and translate them into actuarial and system requirements
Perform IFRS 17 actuarial calculations using tools such as Prophet, RAFM, Moses, or Axis
Support dry runs, parallel runs, and post‑go‑live activities
Prepare and review IFRS 17 disclosures and reconciliations
Work closely with Finance teams for actuarial–accounting alignment
Solvency II (Pillar I, II & III)
Perform Solvency II valuation of technical provisions (BEL, Risk Margin)
Support SCR calculations (Standard Formula / Internal Model)
Assist in Pillar III QRTs, narrative reports, and regulatory submissions
Ensure consistency between Solvency II, IFRS 17, and local GAAP results
Document methodologies, assumptions, and governance processes
Actuarial Modelling & Systems
Develop, enhance, and maintain actuarial models for Life insurance products:
Participating, Non‑Participating, ULIP, Annuities, Protect

📌 Actuarial Analyst Mumbai
🏢 KPMG India
📍 Mumbai