Actuarial Services careers

Actuarial Services

Careers for graduates: learn about product pricing, modelling, unit pricing reviews and industry surveys.

Careers for graduates: learn about Actuarial Advisory, from pricing to modelling.

Grad careers: Actuarial Services

In a nutshell, what does your business group/service line do?

Our business group specialises in Actuarial Advisory work. This covers a range of areas including life and general insurance, superannuation and data analytics, as well as finance, funds management, credit and market risk management and broader financial modelling You can expect to be involved in various consulting assignments such as product pricing, liability valuations, appointed actuary advice, broader advisory engagements assignments and predictive analytics work. We also apply our expertise in other areas including Mergers and Acquisitions and registering insurance companies.

The Actuarial Advisory team is easygoing, intelligent and fun. They’re also highly supportive. Our strong team relationships mean that we work together to get jobs completed rather than having people stay late.  

What does the average day look like?

A normal day in the office usually starts with a coffee run in the morning with a couple of colleagues. Following this, we’ll have a few meetings with managers and the team to discuss ongoing work. You will then get stuck into actual tasks and do some thinking about client matters. Lunch is usually a good time to catch up with people from the office for a bite. In the afternoon, you’ll continue with what you have prioritised for the week. Sometimes you could catch up with your PDM or study mentor before finishing for the day.

We also spend time at client sites, ranging from meeting the clients to working with them side-by-side at their offices.

What will I learn in the first year?

In the first year, you’ll really develop the core consultancy skills. These being presentation skills, communication skills and the technical skills required to utilise tools such as Excel/VBA, SAS, SQL, R and Tableau, as well as specialised actuarial software packages. But as important as all this, you’ll learn the importance of teamwork and what it takes to deliver under deadlines. You’ll have the opportunity to work in a variety of areas and clients, both traditional and non-traditional and this will give you a good understanding of the KPMG business as a whole.

What’s the best part of the role?

The best part of the role is the sheer variety of work you’re involved with on a week-to-week basis. You’re exposed to many different facets of business across a wide range of clients. And you’re learning side by side with leading industry experts. The whole time you’re developing your network and your core skills as a consultant.

Further information