Job DescriptionOVERVIEW
nLocation - Mumbai/Gurgaon
nAbout KPMG in India
nKPMG entities in India are qualified services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our specialists 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.
nKPMG 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 workplace.
nKey Responsibilities
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Support end‐to‐end IFRS 17 implementations including:n
Model design and validation for GMM, VFA, and PAAn
Contract grouping and unit of accountn
CSM calculation, release,



and analysisn
Interpret IFRS 17 standards and translate them into actuarial and system requirementsn
Perform IFRS 17 actuarial calculations using tools such as Prophet, RAFM, Moses, or Axisn
Support dry runs, parallel runs, and post‐go‐live activitiesn
Prepare and review IFRS 17 disclosures and reconciliationsn
Work closely with Finance teams for actuarial–accounting alignmentn

n2. Solvency II (Pillar I, II & III)
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Perform Solvency II valuation of technical provisions (BEL, Risk Margin)n
Support SCR calculations (Standard Formula / Internal Model)n
Assist in Pillar III QRTs, narrative reports, and regulatory submissionsn
Ensure consistency between Solvency II, IFRS 17, and local GAAP resultsn
Document methodologies, assumptions, and governance processesn

n3. Actuarial Modelling & Systems
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Develop, enhance, and maintain actuarial models for Life i

📌 Actuarial Analyst Raigarh
🏢 KPMG India
📍 Raigarh