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      Unlocking actuarial intelligence for a complex insurance landscape 

      In today’s insurance environment, rising claims costs, regulatory pressures and a challenging growth environment are pushing actuarial functions to do more with less. Yet many organisations still rely on outdated systems that limit insight and hinder financial control. KPMG’s Actuarial Services offering transforms this challenge into opportunity by combining deep subject matter expertise with modern technology to deliver smarter, more agile actuarial solutions.

      Whether through uplift to systems and analysis, outsourced appointed actuary roles or financial reporting and capital management, we help insurers gain clarity, control and confidence. Our approach ensures actuarial functions are not just compliant, but strategic – empowering boards, CFOs and CEOs with the insights they need to navigate uncertainty and drive performance.

      Service offerings

      KPMG provides the following services to businesses:

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      Delivering agile actuarial solutions

      Our Actuarial Services help insurers and financial institutions enhance their risk management, analysis, financial reporting and strategic decision-making.

      Regulatory support and pricing optimisation

      Whether supporting life or general insurance, we enable clients to navigate regulatory complexity, optimise pricing and improve operational resilience.

      Tech-enabled insights and reporting

      We combine deep subject matter expertise with modern software platforms to deliver best-in-class solutions ranging from outsourced appointed actuary functions to the development of capital models, experience/claims analysis and IFRS 17-compliant reserves. 

      Risk management support

      With risk management a growing expectation of actuarial functions, we help you assess and cut through complex environments and deliver insights to drive your business strategy.

      How we help you deliver smarter actuarial solutions 

      • Enhance strategic insight

        Gain deeper, data-driven insights into claims trends, capital adequacy, and risk exposure – empowering better decision-making at the executive and board level.

      • Improve regulatory confidence

        Meet evolving regulatory requirements, such as IFRS 17 and APRA standards, with confidence through robust models, documentation and outsourced appointed actuary support.

      • Boost operational efficiency

        Streamline actuarial processes and reduce manual effort by modernising legacy systems and integrating best-in-class software platforms tailored to your needs.

      • Gain flexible, scalable expertise

        Access top-tier actuarial talent and industry experience without the overheads – ideal for organisations needing flexible, outsourced or co-sourced solutions.

      • Strengthen cross-functional collaboration

        Bridge the gap between actuaries, finance and IT with integrated solutions that align data, reporting and strategic objectives across your business.

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      Frequently asked questions

      We provide a full suite of actuarial services, including outsourced appointed actuary functions for life and general insurers, development and uplift of internal actuarial systems, claims/experience investigations and managed service arrangements. We use analytics, technology and strategic industry knowledge to provide leading insights, undertake product innovation and set pricing strategies. 

      Our solutions are designed to enhance control and transparency in financial reporting. We leverage deep subject matter expertise and modern software platforms to ensure compliance with evolving standards like IFRS 17, while also improving the accuracy and efficiency of actuarial outputs.

      Unlike traditional models that rely on siloed systems and manual processes, we integrate actuarial, finance, and IT functions to deliver actionable insights. Our consultants bring strategic clarity to complex challenges, helping clients align actuarial outputs with business goals and risk appetite.

      Our clients are typically Product Managers, Chief Risk Officers (CROs) and Chief Financial Officers (CFOs) at life and general insurance companies. These leaders are looking to grow their business by invigorating product offerings and revising pricing strategies while strengthening risk management and enhancing capital efficiency in a cost-constrained environment.

      Clients can expect improved financial stability through enhanced risk management, optimised product pricing, and better business modelling. Our services help organisations navigate uncertainty, meet regulatory expectations, and make more informed strategic decisions.