Actuarial Life Associate (Audit Assist)

KPMG US

Chicago, IL1–2 yrs2h agovia LinkedIn

This job at a glance

Who can apply
1–2 years of experience · Bachelor's degree
Must know
AuditingValuationAccountingGAAPStatistics
Work
On-site in Chicago
Pay
Not stated by the employer.
Skill demand
Accounting18%Auditing12%Valuation11%GAAP1%of 99 similar entry-level jobs posted in the US this week
Listed
Nov 5, 2026 · still open

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About the Role

KPMG is seeking an Actuarial Life Experienced Associate (Audit Assist) to join their Audit & Assurance Practice.

Key Responsibilities

  • Support life insurance audits for insurers and reinsurers, focusing on Life, Annuity, and Long-Duration Health products.
  • Perform actuarial analyses related to reserves, policyholder liabilities, financial reporting, capital assessment, and actuarial assumptions.
  • Develop, test, and maintain actuarial models using AXIS, Prophet, Pathwise, and other actuarial platforms.
  • Prepare audit workpapers, technical documentation, and analyses supporting actuarial balances and financial statement disclosures.
  • Review actuarial data, model outputs, and reporting processes used in financial and regulatory reporting.
  • Collaborate with audit teams and client personnel to support engagement execution and issue resolution.

Requirements & Tech Stack

  • Experience with actuarial valuation, financial reporting, analytics, or modeling platforms.
  • Working knowledge of Life, Annuity, and Long-Duration Health products.
  • Exposure to U.S. GAAP, Statutory Accounting, and IFRS.
  • Use of actuarial modeling platforms such as AXIS, Prophet, Pathwise.

Qualifications

  • Minimum one year of recent actuarial experience in insurance, reinsurance, consulting, auditing, financial reporting, valuation, or modeling.
  • Bachelor's degree in actuarial science, mathematics, statistics, finance, economics, or a related field.
  • Progress toward Associate of the Society of Actuaries (ASA) designation, preferred.
  • Strong analytical, communication, organizational, and problem-solving skills.
  • Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future.

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