AM -Life Actuarial - Gurgaon, India - KPMG

    KPMG
    KPMG Gurgaon, India

    1 month ago

    kpmg background
    Full time
    Description
    Job Description

    Actuarial Audits: Audit of the client's half-yearly and yearly valuation systems for true and fair view.

    US GAAP, US STAT, IFRS current and proposed IFRS 17[Assumptions, methodology, controls and results] review

    Modelling: Modelling of reserves/embedded value, model testing and validation of models developed on one of the Actuarial Life modelling software. Axis, Prophet, MG ALFA. Migration of models from existing actuarial software (e.g. Polysystem, MGALFA to GGY AXIS). Provide assistance with actuarial system transformation

    Assist client with understanding and implementing the new regulations e.g. IFRS 17, LDTI etc.

    Appraisal Value/Transactions/Embedded Value Review: Provide transaction and due diligence support to the client; including perform independent validation of Embedded Value calculations.

    Qualifications
    • Qualifications: Graduate/Post graduate with a strong background in mathematics and statistics
    • 6 - 8 years of relevant Life Actuarial experience - Modelling. Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed significant actuarial exams from any of these institutes.