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Senior Associate, Actuary

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: KPMG Careers
Full Time position
Listed on 2026-05-21
Job specializations:
  • Finance & Banking
    Actuary, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 80000 - 110000 USD Yearly USD 80000.00 110000.00 YEAR
Job Description & How to Apply Below

KPMG is currently seeking an Actuarial Life Senior Associate to join our Audit practice.

Responsibilities
  • Provide specialized technical support to the actuarial management group for audit and advisory clients with a focus on Life, Annuities, and Long-Duration Health insurance.
  • Develop, perform, and review KPMG and client analytics, work papers and deliverables.
  • Create, enhance, and validate actuarial models utilizing various actuarial systems (e.g., Moody's Analytics' AXIS software, Aon Pathwise, FIS Prophet).
  • Design, produce, and manage data applications to support actuarial and other data‑intensive activities such as financial reporting, modeling, and advanced analytics.
  • Act as a key liaison between clients and senior management while supervising and mentoring associates, new hires, and interns.
  • Identify and articulate technical matters to both clients and management, and contribute to project planning, deliverable development, and technical writing.
Qualifications
  • Possess a minimum of three years of recent experience within an actuarial function, encompassing actuarial auditing, financial reporting, or modeling.
  • Hold a Bachelor’s degree from an accredited institution with a strong academic foundation in actuarial science, applied statistics, financial analysis, insurance, and mathematics.
  • Show consistent progress toward achieving certification as an Associate of the Society of Actuaries (ASA).
  • Have experience with U.S. Generally Accepted Accounting Principles (GAAP), statutory financial reporting (IFRS also considered) and capital frameworks such as RBC, EC, BSCR.
  • Demonstrate the ability to manage and prioritize multiple projects independently with minimal supervisory oversight.
  • Maintain a solid understanding of Life, Annuity, and Long-Duration Health Insurance products.
  • Be available for occasional travel as required by client demand.
  • Possess experience with the business dynamics and operations of the insurance industry, with previous supervisory experience preferred.

We offer a comprehensive compensation and benefits package, including medical, dental, vision, disability and life insurance, 401(k) plans, and well‑being benefits.

We are an equal opportunity employer. All qualified applicants are considered for employment without regard to race, color, religion, 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.

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Position Requirements
10+ Years work experience
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