Senior - DSG PCoE

Job Description
we are deeply committed to diversity, inclusion and equity at our workplace.

We offer a safe and inclusive environmeuilKPMG Resource Centre (KRC) is a team of 3,000+ colleagues serving audit clients of primarily KPMG Europe and a few other countries.

KRC's services include end-to-end Audits, IT Audits, Data Analytics, Engagement Support Hub, Transaction

Assurance and ESG, among others. The business supports multiple sectors and is currently present in Bengaluru, Gurugram, Noida and Mumbai.

Through your work, you'll build a global network and unlock opportunities that you may not have thought possible with access to great support, vast resources, and an inclusive, supportive environment to help you reach your full potentialt on trust, where all our colleagues can bring their authentic selves to wor

Responsibilities

• Work on pensions actuarial audits related to companies that sponsor private and public sector occupational pension schemes reporting under IAS19 or equivalent, which typically includes the following areas :

oReview data, methodologies, assumptions, results and benchmark against market

oReconcile IAS19 results from previous year and compare with clients' results

oMake proper commentary on the results/findings and prepare the summary report

oDiscuss findings with other members of the pensions actuarial and audit engagement team, and agree on any follow up actions

oInteraction with client management on all of the above

• Work on the audits of pension schemes reports and accounts, which includes work on complex asset valuations (annuities, longevity swaps and asset backed funding arrangements) and member benefit testing .
• Contribute to technical research areas like assumption setting, longevity, technical accounting, annuities, longevity swaps, asset backed funding arrangements and benefit testing.

Qualifications

Educational qualifications

Qualifications:
Graduate/Post Graduate with a strong background in mathematics and statistics,

• Pursuing actuarial sciences from Institute of Actuaries (UK or India) and passed 1-4 exams already.

Work experience

• 3-6 years of relevant actuarial experience
• Experience of providing actuarial services to UK defined benefit pension schemes is preferred, for example around IAS19 financial reporting, cash funding, de-risking and/or member benefit calculations.

Mandatory technical & functional skills

• Experience of providing actuarial services to UK defined benefit pension schemes is preferred, for example around IAS19 financial reporting, cash funding, de-risking and/or member benefit calculations

---