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Actuarial Life Senior Associate (Audit Assist)

KPMG

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At a glance

Compensation
No compensation found
Location
NEW YORK, NY
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

KPMG is seeking an Actuarial Life Senior Associate to support life insurance audits for insurers and reinsurers. The role performs actuarial analyses, develops and maintains models, prepares audit documentation, and coordinates between client actuarial teams and audit teams. Candidates need at least three years of recent actuarial experience, a relevant bachelor's degree, and knowledge of life products and financial reporting frameworks. Progress toward the ASA designation is preferred.

Skills & qualifications

RequiredNice to have

Skills

Actuarial AnalysisActuarial ModelingLife InsuranceAnnuity ProductsLong-Duration Health ProductsUS GAAPStatutory AccountingIFRSRBCEconomic CapitalBSCRActuarial ValuationReserve AnalysisFinancial ReportingAXISProphetPathwiseAnalytical SkillsCommunicationProject ManagementProblem SolvingManaging Multiple PrioritiesIndependent Work

Qualifications

Three Years Actuarial ExperienceBachelor's in Related FieldProgress Toward ASAUS Work Authorization Without Sponsorship

Benefits

401(k) Match
Medical Insurance
Dental Insurance
Vision Insurance
Paid Time Off

Full job description

At KPMG, we are not only keeping pace with the future of business; we are defining it. Harnessing the full power of AI and digital innovation, we deliver intelligent, data-driven solutions to help our clients navigate change and transform their competitive edge. Our people-first approach makes this possible. KPMG invests in continuous learning by providing the tools and training for you to thrive within a culture that fosters growth and collaboration, whether you're launching your career or bringing decades of experience. Join an inclusive team that inspires excellence, delivers meaningful impact, and empowers you to shape your own future.KPMG is currently seeking an Actuarial Life Senior Associate (Audit Assist) to join our Audit & Assurance Practice. Responsibilities * Support actuarial specialist procedures for life insurance audits serving insurers and reinsurers * Perform actuarial analyses related to reserves, policyholder liabilities, financial reporting, capital assessment, actuarial assumptions, and others * Develop, validate, and maintain actuarial models using AXIS, Prophet, Pathwise, and other actuarial platforms * Prepare and review audit workpapers, technical documentation, and analyses supporting actuarial balances and financial statement disclosures * Serve as a liaison between client actuarial teams and audit engagement teams while mentoring associates and new hires * Communicate actuarial and other relevant matters while supporting engagement planning, execution, and deliverable development Qualifications * Minimum three years of recent actuarial experience in insurance, reinsurance, consulting, auditing, financial reporting, valuation, or modeling. * Bachelor's degree from an accredited college or university in actuarial science, mathematics, statistics, finance, economics, or a related field * Progress toward ASA designation, preferred * Strong understanding of Life, Annuity, and Long-Duration Health products and working knowledge of U.S. GAAP, Statutory Accounting, IFRS, RBC, Economic Capital, and BSCR * Experience with actuarial valuation, reserve analysis, financial reporting, and modeling platforms * Strong analytical, communication, project management, and problem-solving skills with the ability to manage multiple priorities independently * Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa) KPMG LLP and its affiliates and subsidiaries ("KPMG") complies with all local/state regulations regarding displaying salary ranges. If required, the ranges displayed below or via the URL below are specifically for those potential hires who will work in the location(s) listed. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, KPMG LLP is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Depending on job classification, standard work hours, and years of service, KPMG LLP provides a Total Rewards Package that includes 401(k) and medical and may include dental, vision, disability and life insurance, personal well-being and Personal Time Off. Additionally, each year KPMG publishes a calendar of holidays to be observed during the year depending on your job classification and entity affiliation. Additional details about our benefits can be found towards the bottom of our KPMG US Careers site at Benefits & How We Work. Follow this link to obtain salary ranges by city outside of CA:ht

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