- Audit of the client’s half-yearly and yearly actuarial reserves for true and fair view.
- Review of USGAAP and US Stat current and proposed assumptions,
- cash flows, controls and results
- Independent policy level recalculations of US Life and Annuities products
Advisory support
- Modelling and model validation support on multiple actuarial platforms
- Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including performing independent validation of Actuarial calculations.
- Assist client with understanding and implementing the new regulations e.g. LDTI, etc.
- Assist with actuarial system transformation
Qualifications
Mandatory Skills
- Qualifications: Graduate/Post-graduate with a robust background in mathematics and statistics
- 4-6 years of relevant Actuarial experience. Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed 6 or more actuarial exams (with CM1 pass being mandatory) from any of these institutes.
- USGAAP and USSTAT exposure, with working knowledge of US annuity products (FIA, VA, MYGA and IA).
- Excellent written and verbal communication skills
Preferred Skills
- Knowledge of modelling software like Prophet, Axis or languages like Python etc
#KGS
📌 Consultant - Actuarial (Bengaluru)
🏢 KPMG India
📍 Bengaluru
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