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Actuarial Advisor, Actuarial and Insurance Risk Consulting Department - Nicosia

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Type: Full time

We are currently looking to recruit a high caliber individual to join our Actuarial and Insurance Risk Consulting team in Risk Consulting Department inNicosia. This is a great opportunity for a high caliber professional to work within a professional environment of qualified actuaries and thrive in a highly challenging advisory role in areas of risk, actuarial and financial modelling.

The Opportunity:

  • Providing technical assistance in the delivery of a wide range of client engagements, working as part of a project team on several projects which will include, but will not be limited to:
    • Calculation and review of Company reserves under IFRS4 and SII
    • Calculation and review of Company Capital Requirements under SII
    • Preparation and review of quantitative regulatory submissions
    • Preparation of external regulatory reports including
  • Providing support in the implementation of IFRS 17 for our clients through the development of models in Excel and R
  • Providing support in the actuarial audit of IFRS 17 of our clients through the review of actuarial models and IFRS17 calculation engines
  • Providing support in several other strategic engagements of the department

The Requirements:

  • University degree / Master or equivalent in any of the following disciplines: Mathematics, Statistics, Actuarial Science or Data Analytics
  • Practical actuarial, insurance and / or reinsurance experience with working knowledge of Solvency II will be considered an advantage
  • Excellent knowledge of MS Office (advanced Excel and VBA knowledge will be considered an advantage)
  • Data Analysis background will be highly considered
  • Knowledge of using the software R statistics will be considered an advantage
  • Excellent knowledge of the Greek and English languages (written and spoken)

Personal Characteristics:

  • Structured way of thinking, positive problem-solving skills
  • A self-motivated, creative, and well-rounded professional
  • Strong analytical and interpretative skills
  • Ability to quickly assimilate and apply new techniques and knowledge
  • Flexibility and desire to work on demanding and challenging projects and interacting with team-members from other business groups

The Benefits:


  • Competitive remuneration package (incl. 13th salary)
  • Bonus Scheme that reflects firm & individual performance
  • Provident Fund

Health and Wellbeing

  • BeWell@KPMG – a holistic programme to support employees’ wellbeing
  • In-house occupational psychologist
  • Occupational doctor
  • KPMG Gym benefits
  • Running Club
  • Social committee

Life at KPMG

  • Excellent opportunities for career development & advancement
  • Hybrid working model (working from the office, client, and home)
  • Flexible working hours
  • Friday afternoon off
  • Flex Fridays for July & August (Reduced Hours – 36hours)
  • Reduced hours & Mother’s scheme working options
  • Paid Maternity & Paternity Leave
  • Paid Sick Leave
  • Holiday entitlement from the 1st day you join
  • Global Mobility programme
  • Dress for your Day
  • Free Parking

If you believe that you have the above qualifications and this opening sounds challenging apply now.

All applications will be treated with the strictest confidence. Only successful applicants will be contacted.

Should you have any queries in completing the online application form, please do not hesitate to contact us.

T: 22 209196, E:

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