Statutory Reporting - NAIC

We at #KPMG Global Services Delivery Platform are hiring Team Leaders / Assistant Managers for Statutory Reporting with mandate NAIC guidelines experience.

The position in discussion is with the Managed Services team, part of our Consulting team.

Responsibilities

As a TL 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.)
• Understand client needs and structure capabilities and work to the client expectations
• 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

Qualifications:

• Graduate OR Post graduation/ diploma with minimum 3 years of relevant work experience
• Stat accounting background, preferably with blue book/orange books/Green book/Yellow Book reporting experience

Work experience

• 3-5 years of work experience

• Work Location: Bangalore

• Work Model: 5 days work from office in ODC set up

• Shift Timing: 2PM - 10:30PM