Actuarial Manager – Audit (Insurance)
KPMG Middle East · Karachi
Job description
About the role
KPMG Middle East is building its in‑house actuarial capability to support insurance audit engagements across the region. The role sits within that team and works directly with audit engagement teams on the actuarial aspects of insurance audits, focusing on general insurance reserving and IFRS 17 across a portfolio of insurers and reinsurers in the Middle East.
Key responsibilities
- Review and challenge reserving methodologies, assumptions and results prepared by insurers and their appointed actuaries.
- Build, test and document independent actuarial models used to form and support audit conclusions.
- Work across IFRS 17 measurement models, including the general measurement model, the premium allocation approach and the variable fee approach.
- Support risk‑based capital and solvency reviews as regulatory frameworks evolve in the region.
- Document actuarial procedures and conclusions to audit file standards.
- Collaborate with engagement teams and communicate technical findings clearly to non‑actuaries, including in client‑facing discussions.
Required profile
- Nearly qualified or qualified Associate of a recognized actuarial body (SOA, IFoA or equivalent).
- Minimum three years of actuarial experience.
- Solid general insurance reserving experience, including method selection and assumption setting.
- Working knowledge of IFRS 17.
- Demonstrated experience building and maintaining actuarial models.
- Strong written and verbal communication, with the ability to explain technical work to non‑specialists.
- Willingness to travel across the Middle East periodically on business visas.
Required skills
- Actuarial modeling
- IFRS 17
- General insurance reserving
What we offer
- Regional exposure across multiple insurance markets and regulatory regimes.
- Work that spans the full actuarial process, from building models to forming and communicating conclusions.
- A clear path to Fellowship within a growing function.
- Compensation reflecting the regional nature of the work.
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Published 6 days ago
Expires 1 month from now
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KPMG Middle East
Karachi
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