KPMG Global Services (KGS) is hiring an Analyst – Non-life (General Insurance) for its Actuarial Services team in Bangalore, Karnataka. The role is suitable for candidates with a strong background in mathematics and statistics, along with actuarial examination progress and 0–1 year of relevant insurance or finance experience.
Job Overview
| Job Details | Information |
|---|---|
| Company | KPMG Global Services |
| Job Role | Analyst – Non-life (General Insurance) |
| Job ID | 30046319 |
| Department | Actuarial Services |
| Experience | 0–1 years |
| Location | Bangalore, Karnataka |
| Employment Type | Full-time |
| Education | Graduate/Postgraduate |
| Domain | Actuarial / Insurance / Finance |
| Actuarial Requirement | At least 4 actuarial exams passed |
| Posting Date | 19 August 2026 |
| Apply Before | 4 September 2026 |
| Work Model | Not specified in the provided posting |
| Salary | Not disclosed |
About the Role
The KGS Actuarial Services team provides actuarial support to multiple KPMG member firms, primarily KPMG UK and US. The team works across advisory and audit assignments and supports areas involving regulatory changes, actuarial modelling, data analysis and technology-driven actuarial solutions.
As an Analyst, you will work as part of the Non-life Actuarial Services team and contribute to projects involving claims data analysis, loss reserving, actuarial audits, pricing models, regulatory requirements and client reporting.
The posting also highlights the team’s work with technologies such as machine learning for non-life reserving and technology-enabled audit analysis and visualization.
Key Responsibilities
The Analyst will:
- Analyze historical claims data to identify trends and potential issues.
- Document analytical findings.
- Build MS Excel-based actuarial tools.
- Use triangulation methods to estimate outstanding loss reserves.
- Work on Statements of Actuarial Opinion (SAO) and actuarial audits.
- Review data, methodologies, assumptions and actuarial results.
- Benchmark results against the market.
- Reconcile previous-year results and compare them with client results.
- Review non-life pricing models.
- Perform bespoke actuarial modelling.
- Assist with Solvency II technical provisions and Economic Balance Sheet reviews.
- Validate consistency across regulatory submissions.
- Assist clients with implementing regulations such as Solvency II and IFRS.
- Support transaction and due-diligence activities.
- Assist with actuarial system transformation.
- Support reviews of economic capital requirements.
- Prepare commentary and summary reports based on findings.
- Assist senior team members with day-to-day management activities and MI reporting.
- Participate in engagement team meetings.
- Communicate with onshore engagement managers, directors and partners.
- Provide regular updates to stakeholders and discuss potential problem areas.
Eligibility & Qualifications
Candidates should have:
- A graduate or postgraduate degree.
- A strong academic background in mathematics and statistics.
- 0–1 years of experience in insurance business and finance.
- Membership in one or more relevant actuarial institutes:
- IFoA UK
- SOA/CAS US
- IAI India
- At least 4 actuarial examinations passed from one of the specified institutes.
Important Eligibility Note
The actuarial examination requirement is a key part of this vacancy. Simply having a mathematics or statistics degree does not appear sufficient based on the provided posting. Candidates are expected to have passed at least four actuarial exams.
Skills That Can Help
The role is particularly relevant for candidates interested in:
- Actuarial analysis
- General insurance
- Non-life insurance
- Claims data analysis
- Loss reserving
- Actuarial modelling
- Insurance finance
- Statistical analysis
- Excel-based actuarial tools
- Regulatory reporting
- Solvency II
- IFRS
- Data analysis and visualization
Who Should Apply?
This opportunity is best suited for early-career actuarial candidates who have already progressed through their professional examinations and want to build experience in non-life/general insurance.
Candidates with backgrounds in mathematics, statistics, actuarial science, insurance or finance may be particularly relevant, provided they meet the actuarial examination requirement.
Work Location
Bangalore, Karnataka, India – 560103
The provided job posting does not specify whether the role is remote, hybrid or fully office-based, so candidates should not assume a work model that is not stated by KPMG.
Salary & Benefits
The provided vacancy does not disclose a specific salary or CTC. Compensation and benefits should therefore be verified through the official KPMG recruitment process.
Important Dates
Posted: 19 August 2026
Application Deadline: 4 September 2026, 12:00 AM
Candidates should apply before the stated deadline. Humanity has apparently decided that deadlines are a necessary feature of civilization.
Frequently Asked Questions
Is this KPMG Analyst role for freshers?
It can be suitable for early-career candidates, as the posting specifies 0–1 years of experience. However, candidates must also meet the actuarial examination requirement.
How many actuarial exams are required?
The posting states that candidates must have passed at least 4 actuarial exams from IFoA UK, SOA/CAS US and/or IAI India.
What is the job location?
The position is based in Bangalore, Karnataka.
What educational background is required?
KPMG specifies a graduate or postgraduate qualification with a strong background in mathematics and statistics.
What type of insurance does the role cover?
The position focuses on Non-life / General Insurance actuarial work.
Is the salary mentioned?
No salary information is provided in the supplied vacancy.
What is the last date to apply?
The listed deadline is 4 September 2026 at 12:00 AM.
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Final Thoughts
The KPMG Analyst opportunity is a strong early-career option for candidates pursuing actuarial careers in general insurance, particularly those who have already cleared multiple professional examinations.
The combination of claims analysis, loss reserving, actuarial modelling, regulatory work and exposure to KPMG’s UK and US member firms makes this more specialized than a typical Analyst opening.
Before applying, make sure you meet the two most important filters: 0–1 years of relevant insurance/finance experience and at least four passed actuarial examinations.
Apply Now
This article is based on the KPMG Global Services job information provided above. Job availability, eligibility requirements and application status can change, so candidates should verify the details on the official careers portal before applying.