Job Overview
KPMG Global Services (KGS) is a strategic global delivery organization that provides high-value professional advisory, audit, and tax services to KPMG member firms across the globe, primarily servicing major markets in the UK and US.
The KGS Actuarial Services team in Bangalore functions as an elite center of excellence for non-life insurance analytics. Analysts engage in cutting-edge actuarial consulting, leveraging advanced data analysis, machine learning reserving models, and international regulatory reporting frameworks.
Joining KPMG Global Services provides candidates with structured mentorship, real-world project ownership, and exposure to enterprise-grade technologies that accelerate long-term career growth.
Job Details
| Detail | Information |
|---|---|
| Company | KPMG Global Services |
| Position | Analyst – Actuarial Services |
| Job ID / Requisition | 30046319 |
| Location | Bangalore, Karnataka, India |
| Experience Required | 0–1 years in Insurance business & finance (Passed at least 4 actuarial exams from IFoA, SoA/CAS, or IAI) |
| Educational Qualification | Graduate / Post graduate with a strong background in Mathematics, Statistics, or Actuarial Science |
| Work Mode | On-site / In-Office |
| Employment Type | Full-Time / Permanent |
Eligibility Criteria
Applicants must meet the following qualification requirements:
- Academic Background: Graduate / Post graduate with a strong background in Mathematics, Statistics, or Actuarial Science.
- Experience Level: 0–1 years in Insurance business & finance (Passed at least 4 actuarial exams from IFoA, SoA/CAS, or IAI).
- Target Profile: Candidates with a strong foundational grasp of core technical concepts, effective analytical thinking, and a collaborative mindset.
Required Skills & Competencies
- Actuarial Reserving & Triangulation: Analyzing historical claims data, building Excel-based actuarial tools, and applying triangulation methods to estimate outstanding loss reserves.
- Regulatory & Compliance Frameworks: Supporting IFRS 17 implementation, Solvency II Technical Provisions reviews, and Economic Balance Sheet filings.
- Pricing & Non-Life Modeling: Reviewing non-life insurance pricing models, bespoke actuarial modeling, and machine learning implementations in non-life reserving.
- Management Information (MI) Reporting: Preparing detailed commentary, reconciliation summaries, and audit reports for onshore KPMG UK and US teams.
Job Responsibilities
- Analyze historical claims datasets to identify loss trends, anomalies, and actuarial reserving implications.
- Develop MS Excel-based actuarial calculation tools and perform loss triangulation for global reinsurance and insurance clients.
- Assist senior actuaries with Statement of Actuarial Opinions (SAO), IFRS 17, and Solvency II technical reviews.
- Reconcile prior-year actuarial audit results and prepare comprehensive management information reports.
Salary & Compensation
- Compensation Structure: Competitive KPMG Global Services actuarial consulting package & corporate benefits.
- Additional Benefits: Comprehensive employee wellness support, mentorship programs, performance recognition, and professional learning resources where applicable.
Selection Process
The hiring process generally comprises the following evaluation stages:
- Application & Resume Screening: Initial profile evaluation against role criteria.
- Technical Assessment / Online Test: Evaluation of core domain skills, coding aptitude, or analytical reasoning.
- Technical Interview Rounds: In-depth discussion covering project experience, problem-solving, and technical depth.
- HR & Managerial Discussion: Cultural fitment, role expectations, and offer rollout.
Important Dates
- Application Status: Active and accepting online applications.
- Application Deadline: September 03, 2026 (Candidates are advised to apply early as openings may close upon reaching target applicant volume).
How to Apply
- Click on the official application link provided below.
- Read the comprehensive job description, responsibilities, and eligibility standards on the portal.
- Prepare an updated resume highlighting relevant projects, technical skills, and certifications.
- Click on the Apply / Register button and fill in personal, academic, and professional details.
- Upload your resume and submit your application before the window closes.
Official Application Link
Apply directly on the employer’s official careers portal:
- Application URL: Click here to Apply for KPMG Global Services
Frequently Asked Questions (FAQ)
Q1: Can freshers apply for this role?
Yes, freshers with a strong background in Mathematics/Statistics who have cleared at least 4 actuarial exams are eligible.
Q2: What is the work model for this position?
The position operates under an On-site / In-Office arrangement in Bangalore.
Q3: Are there any fees for applying to this position?
No. KPMG Global Services does not charge any application or recruitment fee. Never pay money to any third party for job offers.
Disclaimer
PlacedInAI is an informational career platform providing verified job updates. We are not directly affiliated with the employer. Candidates must review and verify all details on the official employer website before applying.