Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

How We Work

We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.

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Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

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Actuarial risk

Insurance risk management can be transformed into a strategic advantage that drives value and earns trust.

Insurance executives face unprecedented issues that require sophisticated capabilities to help anticipate, navigate, and balance risk.

Risk management can be transformed by enhancing approaches to risk and capital-management, embedding risk management capabilities throughout the business, and leveraging advanced digital solutions in strategic planning and decision-making.

KPMG can help guide this transformation because we have the skills and experience needed to navigate industry dynamics. Our team is comprised of insurance industry veterans, including former company executives, regulators, technology specialists, underwriters and actuaries. We deeply understand the challenges you face.

The KPMG approach to risk in the digital era can help enhance your corporate strategy and performance, while inspiring trust in all corners of your organization.

How KPMG can help

KPMG targeted services can help insurance companies in the following areas:

  • Accounting change support (including Long-duration Contracts, International Financial Reporting Standards 17, Principle-Based Reserving
  • Actuarial Transformation
    • AXIS & Prophet model development, remediation and optimization
    • Process automation
    • Reporting strategy, design, and implementation
    • Assumption governance, development and management
    • Target Operating Model review
  • Data:  strategy, analytics, AI and risk management
  • Capital management
  • Model risk management
  • Captive strategy and support
  • Statements of Actuarial Opinion
  • Managed services
  • Risk services including internal audit support, risk governance and controls

Explore our services

Accelerating your Accounting Change Journey
  • Accelerating your Accounting Change Journey
    Introducing LDTI Express for Insurers
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KPMG AXIS services
  • KPMG AXIS services
    New products, requirements and regulations are disrupting the insurance industry. Can your actuarial systems and models respond?
    Read more


Accurate results establish confidence and trust

KPMG helped a large U.S. insurer fully transition to transparent actuarial models with new tools, reports and analytics.

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Explore more insights

Meet our team

Image of Laura Gray
Laura Gray
Principal, KPMG’s Insurance Accounting Change Co-Lead, KPMG US

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