Actuarial - Analyst - Non Life

This role is with KPMG Global Services Delivery Platform, Advisory, Consulting Team.

We are recruiting a Non-life (General Insurance) Analyst in the Actuarial Services team. The responsibilities of Analyst will include:

•Work as a core member of the actuarial team and contribute to make it a center of excellence

•Analyze the historical claims data and identify potential issues and trends and document the findings

•Build MS-excel based actuarial tools and be able to use triangulation methods for the purpose of estimating outstanding loss reserves for various (Re)insurance companies.

•Work on Statement of Actuarial Opinions (SAO)/Responsible Actuary Report and actuarial audits of clients

•Review data, methodologies, assumptions, results and benchmark against market

•Reconcile results from previous year and compare with clients results

•Review Nonlife pricing models and carry out bespoke modelling

•Assist with Swiss Solvency Test actuarial reviews for FINMA submission requirements

•Validate consistency across regulatory submissions

•Assist client with understanding and implementing the new regulations e.g. Solvency II, IFRS, etc.

•Provide transaction and due diligence support to the client

•Provide assistance with actuarial system transformation

•Assist with actuarial review of Economic capital requirements

•Make proper commentary on the results/findings and prepare the summary report

•Assist senior members of the team in day-to-day management activities

•Actively participate in engagement team meeting

•Communicate with engagement managers/Directors/partners in Switzerland and build strong professional relationship

•Provide regular updates to stakeholders and discuss solutions to potential problem areas

Requirements:

Educational qualifications

• Graduate/Postgraduate with a strong background in mathematics and statistics
• Must have cleared CM2+one more paper (any)
• Should be aware of Reserving, pricing and solvency, capital modelling (good to have).

Preferred Skills:

Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations without compromising on quality, and ethical standards and values

•Excellent written and verbal communication skills

•Team player

•Self-driven

•Ability to work independently and motivate team members

•Proficient in use of technology like Alteryx, Power BI, R etc