Consulting Actuarial Mid-Year Internship (May 2024)

About KPMG Singapore

KPMG in Singapore is part of a global organization of independent professional services firms providing Audit, Tax, and Advisory services. The firm operates in 143 countries and territories with more than 265,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. 

Your role

As an intern in Actuarial Practice, you will be working in teams to assist your seniors in various audit and advisory work for our life insurance and general insurance clients such as:

• Performing Certifying Actuary work such as reserve valuation and reviews, stress testing, capital adequacy analysis, and risk management assessments.
• Participate in Merger & Acquisitions and due diligence projects.
• Building actuarial models to support decision-making and analysis.
• Advise clients on various insurance topics such as accounting and regulatory change, claims, pricing or reserving process optimization, and market studies.
• Support in business development initiatives such as preparing proposals and presentations.

Training and development

As an intern, you will work closely with teams of experienced professionals, undergo on-the-job training, and have ample networking opportunities. KPMG in Singapore's Internship Programme builds on that culture to offer hands-on training and work experience to gain useful insights into the various services KPMG offers and the industries it supports. In addition, interns who attain a good performance rating may be offered full-time Graduate Associate positions upon graduation.

Benefits

KPMG is proud to offer a competitive benefits package, with options designed to help you make the best decisions for yourself, your family, and your lifestyle. This comprehensive package includes:

• health and mental healthcare
• dental and vision insurance
• performance bonus
• job training and professional development.

The total competitive reward package for this position is determined based on the role, experience, skill set, and location.

Career progression

As a large, multidisciplinary firm, KPMG can offer a wide variety of career opportunities, such as domestic and global rotations, transfers, or office relocations. Employees have access to a wealth of opportunities and experiences to fuel their individual career development. The Career Mobility Connection tool allows you to choose your desired interests and seek guidance from KPMG's Advisors on potential career opportunities that may be right for you.

Work-life balance

KPMG provides more support to help its employees manage their personal lives while they build their careers. KMPG also launched the Resources for Living Employee Assistance Program which offers free access to counselors and a wealth of resources to help support your overall well-being. KPMG celebrates the talents its people bring and supports every staff member in their journey to achieve personal and professional growth. One of the ways KPMG does this is through Take Charge - a flexible working framework that enables agile and innovative teams to help deliver business goals.

Company culture

KPMG has built and upheld its unique culture centered around supporting people and their passion. The KPMG culture never changes but rather becomes a lifestyle that every employee is comfortable living thanks to its willingness to accept diversity, inspire change, and allow everyone to bring their unique perspective. KPMG seeks to establish trust in the business by using its collective voice to positively influence society as a whole. The company also wants to attract, retain, and develop a competent staff that reflects the diversity of its clients.

About you

The ideal candidate should possess the following attributes:

• Be pursuing a degree in a numerical discipline such as Actuarial Science, Mathematics, Statistics, Engineering, or equivalent
• Strong analytical and problem-solving skills.
• Keen attention to detail.
• Ability to communicate complex ideas clearly and succinctly.
• Strong time management skills and ability to juggle multiple assignments at the same time.
• Demonstrate an interest and desire to pursue an actuarial career such as through internships, courses, or actuarial examinations.

How to apply

• To start your application, click the "Apply on employer site" button on this page.
• If you are shortlisted, you will be engaged in a challenging test to assess your verbal, logical, and numerical skills.
• If your skills meet an immediate need, you will be scheduled for an interview.
• Only shortlisted candidates will be contacted by KPMG Talent Acquisition Team.
• Personal data collected will be used for recruitment purposes only.

Source

The following sources were used in researching this page:

• careers.kpmg.com.sg/job
• youtubce.com/singapore/kpmg