Manager- STAT Accounting

Manager- STAT Accounting

Managed Services is a pivotal component in KPMG's Global Advisory growth strategy. We offer an opportunity to lead the premium end of the managed services market through our human capabilities, stand-out technology-enabled facility, insights, operational excellence, and strategic alliances. 

 

The KPMG Global Services (KGS) Managed Services team is a diverse group of more than 1,400 professionals. We provide consulting services to KPMG Firms worldwide to support clients' business transformation journeys across various industries. With capabilities such as Technology Enablement, Corporate Services, Customer and Operations, and Cross-Functional Services, our team is a varied mix of professionals with extensive skills and expertise.

 

Through your work, you'll build a global network and unlock opportunities that you may not have thought possible with access to great support, vast resources, and an inclusive, supportive environment to help you reach your full potential

As a firm, we are deeply committed to diversity, inclusion and equity at our workplace. We offer a safe and inclusive environment built on trust, where our multi-generational colleagues can bring their authentic selves to work and know that their uniqueness is valued.

We foster an inclusive workplace with gender-inclusive policies and practices, parental support programs, LGBTQ+ friendly initiatives, an accessible work environment and dedicated Employee Resource Groups to promote allyship and advocacy.

we encourage fair treatment of applicants and employees and do not support any form of discrimination, including but not limited to caste, religion, color, ancestry, marital status, medical condition, sex, gender identity or expression, sexual orientation, age, nationality, cultural origin, family or parental status, defense veterans, physical, mental or sensory disability or
any other status or characteristic protected by applicable Indian laws and regulations. 

 

As a Manager 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). 

The ability to engage and communicate with clients, onshore stakeholders, engagement teams and KGS Management along with good people management skills and experience are therefore essential, with a demonstrated track record of having successfully led large teams in an operation environment. 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 8-10 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

• 8-10 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

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 

 

Experience Level

Mid Level