Table of Contents
Introduction
KPMG is hiring for the role of Analyst in its Actuarial Services team, specifically for Non-life (General Insurance). The position is based in Bangalore, Karnataka.
Job Overview
| Field | Details |
| Company | KPMG Global Services |
| Role Title | Analyst (Non-life/General Insurance) |
| Team | Actuarial Services |
| Location | Bangalore, India |
| Application Deadline | September 4, 2026 |
| Work Timings | 4:30 PM to 1:00 AM IST |
| Experience | 0–1 years in Insurance business and finance |
| Education | Graduate/Postgraduate with strong background in Mathematics and Statistics |
| Certifications/Exams | Member of IFoA (UK), SoA/CAS (US), or IAI (India); must have passed at least 4 actuarial exams from any of these institutes |
| Apply Link | Apply now |
Roles and Responsibilities
As an Analyst in the Actuarial Services team, you will:
- Work as a core member of the actuarial team and contribute to building it as a center of excellence.
- Analyze historical claims data, identify potential issues and trends, and document findings.
- Build MS Excel-based actuarial tools and use triangulation methods to estimate outstanding loss reserves for various (re)insurance companies.
- Work on Statement of Actuarial Opinions (SAO) and actuarial audits of clients.
- Review data, methodologies, assumptions, results, and benchmark against market standards.
- Reconcile results from the previous year and compare them with clients’ results.
- Review non-life pricing models and carry out bespoke modeling.
- Assist with Solvency II Technical provisions / Economic Balance Sheet actuarial reviews for regulatory submission requirements.
- Validate consistency across regulatory submissions.
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- Assist clients with understanding and implementing new regulations such as Solvency II, IFRS, etc.
- Provide transaction and due diligence support to clients.
- Provide assistance with actuarial system transformation.
- Assist with actuarial review of Economic Capital requirements.
- Prepare proper commentary on results/findings and create summary reports.
- Assist senior team members in day-to-day management activities, including MI reporting.
- Actively participate in engagement team meetings.
- Communicate with engagement managers, Directors, and Partners of the onshore team and build strong professional relationships.
- Provide regular updates to stakeholders and discuss solutions to potential problem areas.
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Explore NowEligibility Criteria
- Education: Graduate or Postgraduate degree with a strong background in Mathematics and Statistics.
- Experience: 0–1 year in Insurance business and finance.
- Professional Memberships & Exams: Must be a member of IFoA (UK), SoA/CAS (US), or IAI (India), and must have passed at least 4 actuarial exams from any of these institutes.
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How to Apply
- Applications are accepted only through the official KPMG careers portal.
- Use the direct link:
- Only shortlisted candidates will receive further communication.
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