New

Director, Actuarial Managed Services

KPMG
life insurance, 401(k)
United States, Maryland, Baltimore
Nov 23, 2024
Known for being a great place to work and build a career, KPMG provides audit, tax and advisory services for organizations in today's most important industries. Our growth is driven by delivering real results for our clients. It's also enabled by our culture, which encourages individual development, embraces an inclusive environment, rewards innovative excellence and supports our communities. With qualities like those, it's no wonder we are consistently ranked among the best companies to work for by Fortune Magazine, Consulting Magazine, Working Mother Magazine, Diversity Inc. and others. If you are as passionate about your future as we are, join our team. KPMG is currently seeking a Director, Actuarial Managed Services to join our Audit practice. Responsibilities: Partner with leadership, alliances, business and industry teams to drive demand and deliver Actuarial managed services solution within the US and support similar opportunities globally; direct and manage staff level personnel and collaborate with peers in the execution of actuarial managed services projects for life insurers and reinsurers Engage with clients to support new sales / marketing and on-going client management activities in the US and support for member firms; provide quality and insightful client service to life insurers transforming their business through adoption of outsourcing business models Collaborate with non-actuarial professionals aiding in sales and delivery of managed services that include broader finance, risk and compliances components; establish training requirements for resources at the delivery center including development of a training curriculum Develop, monitor, and manage project timelines and support budget analysis; help shape the delivery of services and solutions; support establishment of a governance structure around delivery center; support development of the actuarial managed service solution charter, policies and procedures; co-ordinate with the delivery network team to ensure consistency around the operating model Establish a delivery model for the US firm to utilize the delivery center for manager services and tailor to specific emerging client needs and opportunities; drive the establishment and development of the offshore delivery center for Actuarial managed services, including supporting hiring and on-boarding activities Provide guidance and oversight on deployment of the Actuarial managed service solution across all member firms; support member firms with onboarding the Actuarial managed service solution Qualifications: Minimum four years of recent experience in global delivery and sales support of actuarial and insurance consulting/advisory and managed services solutions, and/or solution delivery for a technology services company; industry expertise in a highly technical and fast paced environment including at least two years of recent experience in providing complex services advisory and/or support Minimum eight years of recent actuarial work experience including knowledge of: US GAAP, IFRS 17 and statutory valuation methodologies; minimum two years of recent consulting experience Bachelor or Master of business management degree from an accredited college or university or equivalent experience in lieu of degree Strong business development skills and industry presence; robust working relationships with a book of insurance clients is desired; deep understanding of shared services, managed services and/or outsourcing in Financial Services industry Able to work on multiple projects and/or with multiple supervisors and be able to prioritize work without intensive direction from supervisors Proven domain experience in actuarial and finance, not limited to valuation and financial reporting and controls, risk management / model risk management, insurance statutory compliances, and actuarial model management Ability to travel as necessary Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future KPMG complies with all local/state regulations regarding displaying salary ranges. If required, the ranges displayed below or via the URL below are specifically for those potential hires who will work in the location(s) listed. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, the firm is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. Depending on job classification, standard work hours, and years of service, KPMG provides Personal Time Off per fiscal year. Additionally, each year the firm publishes a calendar of holidays to be observed during the year and provides two firmwide breaks each year where employees will not be required to use Personal Time Off; one is at year end and the other is around the July 4th holiday. Additional details about our benefits can be found towards the bottom of our KPMG US Careers site at "Benefits & How We Work". Follow this link to obtain salary ranges by city outside of CA: https://kpmg.com/us/en/how-we-work/pay-transparency.html/?id=M112AUD_2_24 KPMG LLP (the U.S. member firm of KPMG International) offers a comprehensive compensation and benefits package. KPMG is an affirmative action-equal opportunity employer. KPMG complies with all applicable federal, state and local laws regarding recruitment and hiring. All qualified applicants are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, citizenship status, disability, protected veteran status, or any other category protected by applicable federal, state or local laws. The attached link contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please. KPMG does not currently require partners or employees to be fully vaccinated or test negative for COVID-19 in order to go to KPMG offices, client sites or KPMG events, except when mandated by federal, state or local law. In some circumstances, clients also may require proof of vaccination or testing (e.g., to go to the client site). KPMG recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) for which they are qualified that is also of interest to them. Los Angeles County applicants: Material job duties for this position are listed above. Criminal history may have a direct, adverse, and negative relationship with some of the material job duties of this position. These include the duties and responsibilities listed above, as well as the abilities to adhere to company policies, exercise sound judgment, effectively manage stress and work safely and respectfully with others, exhibit trustworthiness, and safeguard business operations and company reputation. Pursuant to the California Fair Chance Act, Los Angeles County Fair Chance Ordinance for Employers, Fair Chance Initiative for Hiring Ordinance, and San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.