Job details
Location: Bristol, Edinburgh, London, Manchester
Capability: Consulting
Experience Level: Associate/Assistant Manager
Type: Full Time or Part Time
Service Line: FS Consulting
Contract type: Permanent
Job Description
Actuarial Assistant Manager – Non-Life – KPMG – Consulting
The KPMG Consulting function is a cornerstone of our business. Operating from London we do work that matters, serving the country with diligence and expertise.
KPMG is one of the world's largest and most respected consultancies. We've supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval. We've proudly stood beside the institutions and businesses which make the UK what it is.
By encompassing a wide range of disciplines across a breadth of areas such as Strategy, Forensic, Risk and Regulatory, People and Talent, and Operational and Financial Transformation , we become immersed in our clients' organisations, applying sector knowledge and technology solutions to deliver the best possible outcomes and get it right first time.
Why Join KPMG as a Actuarial Assistant Manager – Non-Life?
We are seeking additional Assistant Managers to continue to support the length and breadth of actuarial based services, in our core propositions, namely: reserving; capital; and pricing projects, as well as exposure to ad-hoc projects outside of this.
What will you be doing?
- Calculation of reserves, using different assumptions, by applying a variety of actuarial techniques:
- Ability to review reporting outputs.
- Ability to use existing knowledge of reporting and apply to the UK reporting methodologies, e.g. UK GAAP, IFRS, FCA Returns
- Assist in completing due diligence in advance of transactions
- Ability to perform basic actuarial calculations such as loss ratios and IBNR
- Assisting in the delivery of client engagements, working as part of a project team on client sites
- Providing technical input to a number of projects
What will you need to do it?
Nearly qualified Actuary, with significant practical actuarial experience
Significant experience of working in a non-life consultancy along with Audit, Validation and stress testing experience would be helpful.
Experience in reserving a key requirement as well as experience in pricing and capital
Experience of preparing benchmarks
Experience of working in a financial services firm
Experience of working in an emerging market
Have a strong network base across UK and emerging markets.
Strong Excel skills.
Knowledge of UK regulatory regime for non-life insurers.
Knowledge of UK reporting methodologies, e.g. UK GAAP, IFRS, PRA Returns.
Proficient in SAS
Knowledge of Solvency II pillars, particularly the quantitative requirements Lloyd’s market experience;
Strong communication skills, both written and oral, and an ability to explain actuarial concepts to non-actuaries.
A broad knowledge of non-life insurance products
Flexible and enjoy working on a wide range of projects.
Key Skills;
- Supporting senior management efforts to cultivate and maintain target client relationships, including assisting with proposals and the development of sales materials
- Drafting reports and presentations.
- Managing projects.
- Working with other KPMG teams and providing technical input
- The successful candidate may be required to manage small teams.
- As well as project delivery responsibilities, the role involves supporting other aspects of the team's work including sales and marketing, research and development of new services, and knowledge management.
- Maintain a strong record of progress in the actuarial examinations.
Our Locations:
We are open to talk to
Actuarial Assistant Manager – Non-Life in the UK as this is where the team is based.
With 20 sites across the UK, we can potentially facilitate office work, working from home, flexible hours, and part-time options. If you have a need for flexibility, please register and discuss this with our team.
Find out more:
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Why Consulting at KPMG?
Technology is a critical focus for us. It underpins everything we do. We're investing in technology like never before – not least because the pace of technological change is disrupting organisations in new and challenging ways. Through advanced data analytics and emerging tech-enabled solutions like AI and machine learning, we're helping clients across diverse sectors to navigate that change. We enable them to avoid any unnecessary risks and to uncover new, transformative opportunities that could give them a competitive edge. A career here means stretching your skills and honing your expertise by solving complex problems as part of a collaborative, results-driven and supportive team. Whether we're helping our clients to reduce their costs, make better decisions, improve efficiencies or deploy the latest technologies, we bring together broad specialisms and talents to deliver robust, connected solutions.
