Co-op Job Description – Winter 2020 Work-term

Company Description
KPMG is the Canadian member firm of KPMG International, a Swiss entity, providing Audit, Tax and
Advisory services. One of the largest professional services firms in the world, KPMG International's
member firms have over 189,000 employees working in 152 countries/territories around the world. In
Canada, KPMG has offices in over 35 locations across the country.
The Canadian actuarial practice at KPMG employs 44 skilled insurance and actuarial professionals,
including 15 specializing in Property and Casualty (P&C) and 28 in Life and Pensions. This makes our
team the largest actuarial practice of the “Big Four”.
Our P&C actuarial practice is led by Pierre Lepage, FCAS, FCIA, MAAA, Partner and Business Leader.
Most of our younger P&C actuarial team members have spent the majority of their careers with KPMG.
Our senior team members bring a lot of diversity of training and experience, as many have insurance
company experience in underwriting operations as well as in actuarial, corporate reserving and pricing
teams.
2020 Winter Work-term (January – April 2020) Description
We are currently looking for two actuarial co-op students to join our P&C actuarial practice. The majority
of the work assigned to the selected students during the winter 2020 co-op term will involve the
following:
 Assist in reviewing the work of the Appointed Actuary (AA) of audit clients, where the student will
be required to reconcile the reserving data utilized as well as carry out a technical review of the
calculations performed by the clients’ actuarial reserving team;
 Review specific components of the Minimum Capital Test (MCT) or the Branch Adequacy of Assets
Test (BAAT) for our audit clients: capital required for unpaid claims, premium liabilities and interest
rate risk;
 Perform reasonableness checks of certain values presented in the disclosures to the financial
statements related to the policy liabilities of our audit clients;
 Assisting with the AA work; and
 Other projects on an as needed basis.

The ideal candidate will demonstrate the following:

 Can work independently and as part of a team;
 Is able to perform well under pressure and meet multiple tight deadlines;
 Has significant experience with Microsoft Excel and Microsoft Access;
 Has strong verbal and written communication skills;
 Has some actuarial P&C knowledge and/or experience; and
 Has been successful in some actuarial exams.

Although not a requirement, fluency in both English and French would be an asset.
KPMG offers a dynamic environment in downtown Toronto with significant growth and development
opportunities.
Please apply by sending your resumes and transcripts before Friday, October 25th, 2019 @ 5:00 p.m. to:
Sabina Preda (spreda@kpmg.ca) and Sherry Feng (shihuifeng@kpmg.ca). Interviews will be held by
November 1st, 2019.