Actuarial Health, Senior Associate
KPMG US · Philadelphia, PA · 1 wk ago
HybridFull-time
About the role
KPMG is seeking an Actuarial Health Senior Associate to join our Audit practice. Harnessing the full power of AI and digital innovation, we deliver intelligent, data-driven solutions to help our clients navigate change and transform their competitive edge.
Responsibilities
- Provide technical support to the actuarial management group in support of group and health insurance clients
- Perform the calculation of group and health insurance reserves, risk adjustment factors, and actuarial values for a given plan design
- Assist with project planning, development of deliverables, and other technical writing exercises
- Develop and project actuarial models using actuarial software
- Program and manipulate database applications used in support of experience studies and other data management functions
- Supervise and serve as a mentor to associate, new hires, and interns on engagements
- Act as a liaison between clients and upper management
- Identify and communicate technical matters to both clients and upper management
Qualifications
- Minimum three years of recent actuarial work experience in a professional services environment working with an actuarial software package
- Minimum one year of experience with U.S. GAAP statutory financial reporting
- Bachelor's degree from an accredited college/university with a strong academic background in actuarial science, applied statistics, financial analysis, insurance, and mathematics
- Passed two actuarial exams
- Ability to work on multiple projects and prioritize work without intensive direction from supervisors
- Strong understanding of group and health insurance products
- Excellent working knowledge of spreadsheet software such as Microsoft Excel and data analytic software such as R
- Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)
- Ability to travel as necessary
Preferred experience
- Experience with financial reporting or modeling Medicaid, Medicare, ACA, group health, long term care, and/or supplemental health products
Benefits
- Medical and dental plans, vision coverage, disability and life insurance
- 401(k) plans
- Robust suite of personal well-being benefits to support your mental health
- Personal Time Off per fiscal year (based on job classification, standard work hours, and years of service)
- Annual calendar of holidays, plus two paid breaks each year (year-end and around the July 4th holiday) where employees are not required to use Personal Time Off