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Actuarial Property & Casualty Director, Audit
Actuarial Property & Casualty Director, Audit-September 2024
Pittsburgh
Sep 22, 2024
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About Actuarial Property & Casualty Director, Audit

Business Title: Actuarial Property Casualty Director, Audit

Requisition Number: 111913 - 78

Function: Audit

Area of Interest:

State: PA

City: Pittsburgh

Description:

Known for being a great place to work and build a career, KPMG provides audit, tax and advisory services for organizations in today's most important industries. Our growth is driven by delivering real results for our clients. It's also enabled by our culture, which encourages individual development, embraces an inclusive environment, rewards innovative excellence and supports our communities. With qualities like those, it's no wonder we're consistently ranked among the best companies to work for by Fortune Magazine, Consulting Magazine, Working Mother Magazine, Diversity Inc. and others. If you're as passionate about your future as we are, join our team.

KPMG is currently seeking an Actuarial Director to join our Audit practice.

Responsibilities:

Participate in reviewing pension and postretirement benefit plans actuarial information to be used in financial statement disclosures

Review audit documentation prepared by the engagement team plan documents actuarial valuation reports actuarially determined disclosures documents supporting assumptions used and any other documents that may be pertinent to the reviews

Communicate regularly with the engagement team to include participation in audit planning meetings

Assess the qualifications of the consulting actuary the reasonableness of the methods and assumptions used and the reasonableness of the disclosures

Involvement in the preparation of all applicable audit documentation with an expectation to sign-off as an expert in reaching the conclusions for each audit

Qualifications:

A minimum of fifteen years of work experience in the actuarial field with a concentration in employee benefit plans including acting as lead actuary and consultant for sponsors of large and complex retirement and other benefit plans in the US

Bachelors degree from an accredited college/university with a strong academic background in actuarial science applied statistics financial analysis insurance and mathematics

Experience to include the performance of pension and OPEB valuations as well as the management and review of actuarial valuations performed by others

Working as a reviewing actuary within an audit firm is a plus but is not required

Strong knowledge of US pension and benefit accounting rules under ASC 712 715 960 965 and IAS 19 along with knowledge with GASB 45 67 68 SSAP 92 102 preferred

Certification as a Fellow with the Society of Actuaries (FSA) or Certification as an Associate with the Society of Actuaries (ASA) plus certification as an Enrolled Actuary with the IRS (EA)

KPMG complies with all local/state regulations regarding displaying salary ranges. If required, the ranges displayed below or via the URL below are specifically for those potential hires who will work in the location(s) listed. Any offered salary is determined based on relevant factors such as applicant's skills, job responsibilities, prior relevant experience, certain degrees and certifications and market considerations. In addition, the firm is proud to offer a comprehensive, competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. Available benefits are based on eligibility. Our Total Rewards package includes a variety of medical and dental plans, vision coverage, disability and life insurance, 401(k) plans, and a robust suite of personal well-being benefits to support your mental health. Depending on job classification, standard work hours, and years of service, KPMG provides Personal Time Off per fiscal year. Additionally, each year the firm publishes a calendar of holidays to be observed during the year and provides two firmwide breaks each year where employees will not be required to use Personal Time Off; one is at year end and the other is around the July 4th holiday. Additional details about our benefits can be found towards the bottom of our KPMG US Careers site at 'Benefits How We Work (https://www.kpmguscareers.com/why-kpmg/#benefits) '.

Follow this link to obtain salary ranges by city outside of CA: https://www.kpmg.us/work-for-kpmg/pay-transparency.html/?id=M112-2

KPMG LLP (the U.S. member firm of KPMG International) offers a comprehensive compensation and benefits package. KPMG is an affirmative action-equal opportunity employer. KPMG complies with all applicable federal, state and local laws regarding recruitment and hiring. All qualified applicants are considered for employment without regard to race, color, religion, age, 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. The attached link ( https://assets.kpmg.com/content/dam/kpmg/us/pdf/2018/09/eeo.pdf) contains further information regarding the firm's compliance with federal, state and local recruitment and hiring laws. No phone calls or agencies please.

KPMG recruits on a rolling basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) for which they are qualified that is also of interest to them.

KPMG does not currently require partners or employees to be fully vaccinated or test negative for COVID-19 in order to go to KPMG offices, client sites or KPMG events, except when mandated by federal, state or local law. In some circumstances, clients also may require proof of vaccination or testing (e.g., to go to the client site).

GL: 3

GF: 15288

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