{"id":"bd257269-2cb4-4168-bd02-75faeb9ab180","company":{"id":"c1d18240-dee6-493e-84e1-6a76c5fb095b","company_stack":[],"company_gallery":[],"company_stats":[],"company_about_section":null,"company_benefit_section":[],"company_testimonial_section":[],"company_culture_section":[],"onboarding_process":null,"ticker_logos":[],"gtn_companies":[],"role_category":[],"cta_color":"#333333","name":"KPMG India","short_name":"CMP886","slug":"kpmg-india","description":null,"short_description":null,"about_us":null,"video_link":null,"logo_url":"https://talent500-public-prod-cb.s3.ap-south-1.amazonaws.com/company_logos/New_logoWhite_f3828439e996457db7531ecf9769a3ab.png","job_logo":null,"job_logo_url":"https://talent500-public-prod-cb.s3.ap-south-1.amazonaws.com/company_job_logos/T500_nogoTz6_a4600b31ac8d42be8fc807e2392f2e0d.png","show_powered_by_talent500_logo":false,"website":null,"redirect_logo_url":"https://talent500.com//joblist/?search_term=KPMG India","linkedIn":null,"facebook":null,"twitter":null,"instagram":null,"hero_type":"1","nav_bar_color":null,"nav_items_color":"#FFFFFF","gallery_heading":"Gallery","company_image_url":"","meta_title":null,"meta_description":null,"hero_h1":null,"hero_h2":null,"primary_color":"#FF9900","secondary_color":"#333333","cta_text":null,"jobs_subtitle":null,"mission":null,"stack_section_title":null,"stack_section_description":null,"powered_by_logo_url":"https://d36dj8u11ystvj.cloudfront.net/Talent500_PoweredBy+(1).png","cta_bg_color":"#FFFFFF","cta_text_color":"#FFA000","cta_border_color":"#FFFFFF","h1_font_size":null,"h2_font_size":null,"h3_font_size":null,"h4_font_size":null,"body_size_1":null,"body_size_2":null,"h1_font_w":null,"h2_font_w":null,"h3_font_w":null,"h4_font_w":null,"body_w_1":null,"body_w_2":null,"public_name":null,"use_public_name":false,"unique_id":"b722bdd7-3ecd-447b-8226-6db88c912aa4","head_favicon_url":"","head_title":null,"privacy_policy_name":"Privacy Policy","privacy_policy_url":null,"mandate_privacy_policy":null,"ticker_title":null,"publish":false,"company_font_family":"5","use_company_font_on_jobs_page":true,"gallery_section_name":null,"about_section_name":null,"testimonial_section_name":null,"benefits_section_name":null,"culture_section_name":null,"jobs_section_name":null,"is_job_displayable":true,"is_onboarding_skip":false,"company_specific_workflow":0,"third_party_company":true,"is_vendor_third_party_company":true,"priority_order":0,"order_of_about_role":1,"order_of_about_company":2,"whatsapp_company_logo":null,"whatsapp_company_logo_url":"","whatsapp_job_bg_color":null,"whatsapp_job_text_color":null,"engagement_type":null,"font_family":5},"location":"Mumbai","primary_skills":["IFRS 17 – Non?Life (PAA/GMM)","IGAAP reserving","Capital modelling concepts","General Insurance pricing","Claims data analysis","Reserving methodologies","Risk and capital frameworks","Advanced Excel skills","VBA","SQL","Python","R"],"secondary_skills":[],"experience_range":"","job_qualifications":["Bachelor’s in actuarial science","master’s in actuarial science, Statistics, Mathematics, Engineering, or similar in Statistics","Mathematics","Engineering"],"screening_questions":[],"title":"Actuarial Consultant","description":"<p>\n <strong>\n  Function: Financial Risk Management\n </strong>\n</p>\n<p>\n <strong>\n  <u>\n   OVERVIEW\n  </u>\n </strong>\n</p>\n<p>\n <strong>\n  About KPMG in India\n </strong>\n</p>\n<p>\n <strong>\n  <em>\n   KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.\n  </em>\n </strong>\n</p>\n<p>\n <strong>\n  <em>\n   KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.\n  </em>\n </strong>\n</p>\n<p>\n <br/>\n</p>\n<p>\n <strong>\n  Key Responsibilities\n </strong>\n</p>\n<p>\n <br/>\n</p>\n<p>\n <strong>\n  1. IFRS 17 – Non?Life Implementation &amp; Reporting\n </strong>\n</p>\n<ul>\n <li>\n  Support\n  <strong>\n   end?to?end IFRS 17 implementations\n  </strong>\n  for Non?Life business including:\n </li>\n <li>\n  PAA (Primary focus) and GMM (where applicable)\n </li>\n <li>\n  Grouping of contracts, unit of account, and coverage units\n </li>\n <li>\n  Fulfilment Cash Flows (FCF) and Risk Adjustment\n </li>\n <li>\n  Perform\n  <strong>\n   IFRS 17 actuarial calculations\n  </strong>\n  for: Premium Allocation Approach (PAA)\n </li>\n <li>\n  Loss Components and profitability testing\n </li>\n <li>\n  Assist in: Dry runs, parallel runs, transition, and post?go?live activities\n </li>\n <li>\n  Reconciliations between\n  <strong>\n   IGAAP, IFRS 17, and Solvency figures\n  </strong>\n </li>\n <li>\n  Work closely with Finance on\n  <strong>\n   actuarial?accounting interpretation\n  </strong>\n </li>\n <li>\n  Support preparation of\n  <strong>\n   IFRS 17 disclosures, roll?forwards, and analysis of movements\n  </strong>\n </li>\n</ul>\n<p>\n <br/>\n</p>\n<p>\n <strong>\n  2. IGAAP – Non?Life Actuarial Valuation\n </strong>\n</p>\n<ul>\n <li>\n  Perform\n  <strong>\n   IGAAP reserving\n  </strong>\n  including:\n </li>\n <li>\n  Unexpired Risk Reserve (URR)\n </li>\n <li>\n  Outstanding Claims Reserve (OCR / IBNR / IBNER)\n </li>\n <li>\n  Apply\n  <strong>\n   traditional actuarial reserving techniques\n  </strong>\n  :\n </li>\n <li>\n  Chain Ladder, BF, Cape Cod, Loss Ratio methods\n </li>\n <li>\n  Support:\n </li>\n <li>\n  Statutory valuation and regulatory filings\n </li>\n <li>\n  Actuarial reports and disclosures under Indian GAAP\n </li>\n <li>\n  Ensure alignment and controlled differences between\n  <strong>\n   IGAAP and IFRS 17 results\n  </strong>\n </li>\n <li>\n  Assist in statutory audits and regulatory reviews\n </li>\n</ul>\n<p>\n <br/>\n</p>\n<p>\n <strong>\n  3. Capital Modelling &amp; Risk\n </strong>\n</p>\n<ul>\n <li>\n  Support\n  <strong>\n   economic and regulatory capital modelling\n  </strong>\n  for Non?Life insurance\n </li>\n</ul>\n<p>\n <strong>\n  4. Pricing – Non?Life Insurance\n </strong>\n</p>\n<ul>\n <li>\n  Deliver\n  <strong>\n   technical pricing support\n  </strong>\n  across Non?Life products including:\n </li>\n <li>\n  Motor, Property, Health, Casualty, Marine, Specialty lines\n </li>\n <li>\n  Development and review: Rate adequacy studies Experience analysis and loss ratio monitoring\n </li>\n <li>\n  Assist with: Pricing assumptions (frequency, severity, expenses), Portfolio optimization and underwriting performance analysis\n </li>\n <li>\n  Support implementation of pricing tools and automation\n </li>\n <li>\n  Partner with Underwriting and Business teams on pricing decision\n </li>\n</ul>\n<p>\n <br/>\n</p>\n<p>\n <strong>\n  5. Modelling, Data &amp; Systems\n </strong>\n</p>\n<ul>\n <li>\n  Build and maintain actuarial models for: Reserving IFRS 17 Capital and pricing\n </li>\n <li>\n  Work with actuarial and data tools such as:\n </li>\n <li>\n  Excel, VBA, SQL, Python / R (preferred)\n </li>\n <li>\n  Ensure: Model controls, validation, and documentation and Data quality checks and reconciliations\n </li>\n</ul>\n<li>\n</li>\n<p>\n <strong>\n  6. Stakeholder Management &amp; Governance\n </strong>\n</p>\n<ul>\n <li>\n  Collaborate with: Finance, Risk, Underwriting, Claims, IT\n </li>\n <li>\n  Support interactions with: Auditors, Regulators, Consultants\n </li>\n <li>\n  Prepare: Actuarial reports, methodology papers, presentations\n </li>\n <li>\n  Ensure compliance with: Actuarial standards\n </li>\n</ul>\n<p>\n <br/>\n</p>\n<p>\n <strong>\n  Education &amp; Certification\n </strong>\n</p>\n<ul>\n <li>\n  Bachelor’s / master’s in actuarial science\n  <strong>\n   , Statistics, Mathematics, Engineering, or similar\n  </strong>\n </li>\n <li>\n  Progress toward\n  <strong>\n   IAI / IFoA / SOA\n  </strong>\n  actuarial qualification (Associate or Fellow preferred)\n </li>\n</ul>\n<p>\n <br/>\n</p>\n<p>\n <strong>\n  Technical Skills\n </strong>\n</p>\n<ul>\n <li>\n  Strong understanding of:\n </li>\n <li>\n  <strong>\n   IFRS 17 – Non?Life (PAA/GMM)\n  </strong>\n </li>\n <li>\n  <strong>\n   IGAAP reserving\n  </strong>\n </li>\n <li>\n  <strong>\n   Capital modelling concepts\n  </strong>\n </li>\n <li>\n  <strong>\n   General Insurance pricing\n  </strong>\n </li>\n <li>\n  Solid knowledge of:\n </li>\n <li>\n  Claims data analysis\n </li>\n <li>\n  Reserving methodologies\n </li>\n <li>\n  Risk and capital frameworks\n </li>\n <li>\n  Advanced Excel skills:\n  <strong>\n   VBA / SQL / Python / R\n  </strong>\n  preferred\n </li>\n</ul>\n<p>\n <strong>\n  <u>\n  </u>\n </strong>\n</p>\n<p>\n <strong>\n  Equal employment opportunity information\n </strong>\n</p>\n<p>\n <br/>\n</p>\n<p>\n <strong>\n  KPMG India has a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability or other legally protected status. KPMG India values diversity and we request you to submit the details below to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you.\n </strong>\n</p>","employment_type":null,"industry":"","job_template":false,"country":{"name":"India","country_code":"IN","region":"Asia"},"is_job_displayable":true,"job_url":"https://talent500.com/jobs/kpmg-india/actuarial-consultant-mumbai-T500_CMP886_15820_4406619007","created_at":"2026-04-29T05:40:05.331057+05:30","updated_at":"2026-05-12T21:10:04.737105+05:30","title_alias_1":null,"slug":"actuarial-consultant-mumbai-T500_CMP886_15820_4406619007","summary":null,"typical_workday":null,"what_you_offer":null,"what_you_need_to_succeed":null,"responsibilities":null,"type":null,"min_experience_years":0,"max_experience_years":5,"ctc_unit":"LPA","is_featured_job":false,"is_active":true,"job_code":"T500_CMP886_15820_4406619007","external_id":null,"external_job_code":"15820_4406619007","is_anonymized":false,"mercurial_skills":null,"open_date":"2026-04-29T05:40:05.321524+05:30","published_at":"2026-11-05T05:30:00+05:30","anonymization_needed":null,"anonymized_description":null,"xml_feed_anonymization":null,"unregistered_user_anonymization":null,"registered_user_anonymization":null,"pre_application_email_anonymization":null,"mettl_account":null,"job_table_sub_head":null,"job_table_short_desc":null,"is_remote":false,"job_video":null,"job_video_title":null,"job_video_description":null,"job_image_url":null,"role_summary":null,"syndication_control":true,"syndication_status":"new","syndication_job_title_alias":null,"sourcing_requirements_updated_at":null,"t500_sourcing_control":true,"status":"open","job_redirection_url":"https://click.appcast.io/t/nW49AffvQbngm_WRnW05rC8xSYJqUZmSD_ivDgZhinfv5hWFk6g5pAauVIUYnTUOwigzlqLxbnevOmjwNBp7Fg==","is_external_job":true,"is_leadership_job":false,"leadership_confidentiality_level":null,"pricing_type":"cpc","recruiter":"1154daea-f24c-4f7f-aad6-494543ee6112","category":56,"job_sub_category":107,"role":null,"job_function":null,"job_sub_function":null,"naukri_industry":null,"naukri_functional_area":null,"naukri_role":null,"role_category":null,"linkedin_industry":null,"syndication_partners":[],"candidate_job_status":null,"candidate_job_id":null,"mettl_assessment_to_be_taken":false,"company_font_data":{"font-family":"Montserrat","url":"https://fonts.googleapis.com/css2?family=Montserrat:ital,wght@0,100;0,200;0,300;0,400;0,500;0,600;0,700;0,800;0,900;1,100;1,200;1,300;1,400;1,500;1,600;1,700;1,800;1,900&display=swap"}}