Assistant Manager | KGS MS |Statutory & Financial reporting
Job details
•Proposed designation
Assistant Manager
Assistant Manager
•Role type
Subject Matter Expert
Subject Matter Expert
•Reporting to
Director
Director
•Geo to be supported
US
US
•Work timings
2pm.- 10.30p.m. IST
2pm.- 10.30p.m. IST
Mandatory technical & functional skills
•Good knowledge on SQL & SAS
•Working knowledge of MS Word, Excel, Visio, PDF and MS PowerPoint
Preferred technical & functional skills
•Team oriented and collaborative approach with an ability to manage smaller teams
•Excellent presentation skills
•Exercise professional judgment and seize business opportunities
Key behavioral attributes/requirements
•Excellent communication skills
•Demonstrate curiosity and innovation
•Good leadership skills
Other information
•Interview process: Please expect 2-3 rounds of interview
•Does the job role involve travelling: No
•Does the busy season apply to this role?: Seasonality of the work is dependent on the projects/ deliverable timelines
•Clean room policy: Yes
Roles & responsibilities
As a AM in the Managed Services Statutory & Financial reporting team, your responsibilities will be working with team of consultants and associate consultants for executing projects on behalf of international KPMG teams and clients (onshore teams). In addition, you will be required to:
•Strong background in US statutory reporting with insurance product knowledge and strong finance knowledge(Must)
•Experience the development of statistical compliance reports for insurance client, ensuring full alignment with regulatory standards and strengthening audit readiness (Must)
•Reporting experience on blue book/orange books/Green book/Yellow Book for Insurance client(Must)
•Preferred toolset experience with SQL and SAS(Must)
•Understands how reserves change year-over-year (e.g., Analysis of Increase in Reserves)
•Understands reinsurance – types of reinsurance, assumed and ceded, premiums, claims, reserves, etc.
•understands basic insurance terminology (e.g., face amounts, stat reserves, fund values, etc.)
•understands differences between product types (e.g., UL vs Term or Fixed Annuity vs Variable Annuity)
•Understand client needs and structure capabilities and work to the client expectations
•Able to work with large amounts of detail data (usually this is done using SQL, SAS, or some other similar technology)
•Manage engagement delivery and work in collaboration with onshore/offshore team
•Able to create a timeline that takes into account the inter-dependencies of schedules and footnotes
•Adhere 100% to hygiene factors such as timesheets and training hours
Educational qualifications
•CA/CPA/MBA/Actuary student or equivalent post graduation/ diploma with minimum 5 years of relevant work experience
•Stat accounting background, preferably with blue book/orange books/Green book/Yellow Book reporting experience
•Insurance domain training and certifications
Work experience
•5-7 years of work experience
•Good knowledge of SQL ,US Statutory reports, Data Governance, Data Integrity, business processes, risk & controls testing with reference to financial and insurance domain