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KPMG In Malaysia - Audit - Actuarial - Intern

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Job Description

About KPMG in Malaysia's Actuarial Department

KPMG in Malaysia's Actuarial Department plays a vital role in supporting a wide range of insurance‑related audit and advisory engagements. Leveraging KPMG's deep industry experience, global methodologies, and proprietary tools, the actuarial team delivers high‑quality and seamless services across diverse industry sectors and geographical markets.

As an Actuarial Intern, you will gain valuable exposure to how actuarial science underpins financial reporting, regulation, and strategic decision‑making in the insurance industry. You will work alongside experienced professionals and be involved in real client engagements that reflect the complexity and impact of actuarial work — helping organizations truly Make the Difference.

Why This Opportunity Stands Out

This internship offers a meaningful and practical introduction to the actuarial profession within a leading global professional services firm.

  • Gain real‑world actuarial exposure in insurance‑related audit and advisory engagements
  • Work alongside experienced actuaries on complex and high‑value assignments
  • Develop familiarity with global and local regulatory frameworks used across the insurance industry
  • Learn through hands‑on experience, mentorship, and structured development opportunities

Being part of a firm recognized for its quality, integrity, and industry leadership.

What Can You Expect

As an Actuarial Intern, you will be involved in practical actuarial and insurance‑related work while supporting both audit and advisory engagements.

You can expect to gain exposure to:

  • Insurance liabilities valuation, including assumptions setting, methodologies, reserve computations, and regulatory requirements
  • Key frameworks such as Bank Negara Malaysia's Risk‑Based Capital (RBC) Framework, European Embedded Value (EEV), IFRS, Solvency II, and Insurance Groups Directive (IGD)
  • Hands‑on actuarial fieldwork, supporting real audit and advisory assignments
  • Actuarial analytical work, including data analysis, technical calculations, and model support
  • Preparation of technical reports and professional presentation materials

This internship provides a strong foundation for understanding how actuarial expertise supports governance, compliance, and sustainable business performance in the insurance sector.

How Will You Make Your Mark

You will contribute directly to the delivery of high quality actuarial and assurance services by:

  • Demonstrating strong analytical and problem-solving skills in valuation and regulatory work
  • Supporting audit and advisory teams with accuracy, structure, and attention to detail
  • Taking initiative in fieldwork, research, documentation, and report preparation
  • Applying actuarial concepts to real world client scenarios with professionalism and curiosity
  • Collaborating effectively within teams and maintaining a positive, proactive learning mindset

Who We're Looking For:

We are seeking motivated individuals with a strong interest in actuarial science and a desire to gain meaningful industry experience.

Requirements:

  • Undergraduates who have completed at least two years of their degree studies, or candidates pursuing professional actuarial qualifications
  • Excellent command of spoken and written English
  • Active involvement in extracurricular activities, with demonstrated leadership qualities
  • Able to commit to an internship placement for a minimum duration of 12 weeks

What to Expect in the Selection Journey:

We want you to feel empowered and informed throughout the process:

  • A Friendly Pre-Screening Call - Our recruitment team will reach out for an initial chat — nothing intimidating, just a conversation to get to know you better.
  • Interview Stage - If shortlisted, you'll be invited for an interview in one of the following formats:
  • Virtual interview
  • On-campus sessions in your university
  • Interview at the KPMG In Malaysia Office

Make it Count, Make the Difference.

Submit your application to KPMG In Malaysia's Actuarial – Intern role today — your journey starts here.

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Job ID: 146466289

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