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KPMG

Global audit, tax, and advisory services

Financial Services-Insurance Consultant

Full-TimeDeadline 9/15/27
$70k - $76k+ Bonus
Mid
Bachelor's
Toronto, ON, Canada
In Person
ConsultingOperations & Supply Chain Consulting

About the job

Requirements
  • Ideally have 1 to 3 years of experience in management consulting or the Financial Services industry.
  • Have experience or demonstrated interest in Insurance, including Property & Casualty Insurance, Life & Health Insurance, Workers’ Compensation, or related Financial Services environments.
  • Strong analytical and problem-solving skills, with curiosity about how insurance organizations can improve their offerings, operations, customer experience, and growth.
  • Excellent written and verbal communication skills and comfort working directly with clients and stakeholders.
  • Experience creating polished PowerPoint presentations and Excel-based analyses, with strong attention to detail and quality.
  • Understanding of business process improvement, target operating model concepts, and project delivery methodologies; exposure to people, process, technology, and data considerations is an asset.
  • Ability to work independently while collaborating effectively within team environments.
  • Strong organizational skills and attention to detail.
  • Undergraduate degree in Business, Finance, Economics, Commerce, Engineering, Mathematics, or a related field.
Responsibilities
  • Support transformation, strategy, target operating model, and process improvement engagements within the Insurance industry, spanning Property & Casualty, Life & Health, and/or Workers’ Compensation.
  • Gather, analyze, and synthesize qualitative and quantitative data to develop actionable insights and recommendations, helping teams identify, assess, and solve client problems.
  • Conduct current-state assessments, document business processes, identify gaps, and support future-state design across people, process, technology, and data.
  • Assist in stakeholder interviews, workshops, and requirements-gathering sessions with client teams across functions such as Digital, Distribution, Underwriting, Claims, and Operations.
  • Develop client deliverables including presentations, reports, business cases, process maps, and status updates.
  • Support project management activities such as work planning, issue and dependency tracking, meeting coordination, risk management, and workstream orchestration, including on technology-enabled transformations where relevant.
  • Perform market research and industry analysis related to Insurance trends, regulations, customer expectations, distribution models, emerging technologies, and sustainable growth opportunities.
  • Collaborate with team members and client stakeholders on client-facing work.
  • Contribute to practice development initiatives, including thought leadership, knowledge sharing, and proposal support.
Desired Qualifications
  • Experience working with core insurance technology platforms.
  • Previous experience within Insurance (Property & Casualty, Life & Health, and/or Workers’ Compensation), broader Financial Services, or a consulting environment.
  • Exposure to strategy, business transformation, target operating model design, customer experience, digital transformation, process improvement, or large-scale technology-enabled transformation initiatives, such as core policy or claims administration system implementations.
  • Curiosity about how emerging technologies can improve insurance operations and customer service, including experience exploring, solutioning, piloting, and/or deploying artificial intelligence-enabled use cases.
  • Professional designations such as CIP, CRM, PMP, or progress toward relevant certifications.
  • Familiarity with Agile delivery methodologies, data analysis tools, and/or insurance technology platforms.

About the company

KPMG is a global network of independent professional firms that provide Audit, Tax, and Advisory services. Its work involves helping organizations verify financial information, manage tax obligations, and solve business problems through advisory support, risk management, and performance improvement. Services are delivered by cross-border teams across a worldwide network, with an emphasis on consistency and collaboration among member firms. KPMG distinguishes itself through its history as a series of international mergers that created a large, integrated firm with a shared global standard and brand, rather than a single locally owned entity. Its goal is to help clients navigate complex regulations, improve performance, and achieve sustainable growth across multiple markets.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

London, United Kingdom

Founded

1987

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Simplify Jobs

Simplify's Take

What believers are saying

  • The UK awarded KPMG and EY a £456 million civil-servant training contract for 2026-2028.
  • KPMG's AI partnerships with Microsoft and Anthropic deepen delivery capabilities across tax and advisory.
  • Reality Defender and Incentify expand KPMG's addressable market in fraud detection and tax credits.

What critics are saying

  • Australia banned new KPMG federal bids until September 30, 2026 after the Lendlease scandal.
  • Reuters reported Lendlease dropped KPMG as auditor in June 2026, threatening marquee-client trust.
  • Repeated scandals, resignations, and government suspensions make KPMG's partnership network a reputational liability.

What makes KPMG unique

  • KPMG deployed Microsoft 365 Copilot and Agent 365 across 276,000 professionals in June 2026.
  • KPMG signed a global Anthropic alliance in May 2026, embedding Claude into Digital Gateway.
  • KPMG bought stakes in Reality Defender and Incentify, bundling AI risk and tax tools.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Remote Work Options
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays

Company News

The Register
Oct 14th, 2026
KPMG tech boss announces promotion as 200 staff face redundancy, offered $127 to stay silent

KPMG in the UK has promoted Paul Henninger, head of technology and data, to the new role of group head of consulting. He told staff by email before the firm announced it, as around 200 colleagues in his division face redundancy. On October 9, KPMG notified Tech and Data staff selected for redundancy, affecting about 4% of the division. Some staff called the terms insulting, including £100 offered in exchange for silence and a promise not to bring claims. An interim boss will lead the unit and report to Henninger. In his email, he said he recognised the news "comes at a challenging time." KPMG's UK and Swiss business reported 2025 revenue up 2% to £3.6 billion, with profit before tax up 14% to £576 million. A spokesperson called Henninger "a highly respected industry leader.

MSNBC
Sep 11th, 2026
KPMG acquires stake in deepfake detection platform Reality Defender

KPMG LLP has acquired a minority stake in Reality Defender, a platform specialising in deepfake detection. Financial terms were not disclosed. Reality Defender's multimodal detection technology integrates with communications platforms and enterprise workflows to assess the authenticity of voice and video in real time. This enables organisations to respond to suspected impersonation attempts and fraud. The investment will allow KPMG to incorporate deepfake detection capabilities into its cyber and fraud prevention practices. The deal forms part of KPMG's broader focus on helping clients adopt AI whilst managing associated risks. Reality Defender co-founder and CEO Ben Colman said highly convincing synthetic media now challenges traditional assumptions about identity verification. The partnership aims to help organisations strengthen defences against AI-enabled fraud.

Yahoo Finance
Aug 18th, 2026
KPMG and EY win $579M UK civil servants training contract despite consultancy spending pledge

The UK Government has awarded a contract worth up to £456 million to KPMG and EY to train civil servants, the Financial Times reported, citing government procurement tracker Tussell. Under the arrangement, the firms will train officials across various skills areas, including AI, between 2026 and 2028. KPMG's share is capped at £319 million, representing almost a quarter of its total UK advisory net sales from last year. EY's portion is worth £137 million, equivalent to around 13% of its UK consulting revenue. The deal is the largest single contract awarded to Big Four companies since Tussell started tracking records in 2012. The previous record was a £322 million deal between the Foreign Office and PricewaterhouseCoopers in 2012.

Yahoo Finance
Jul 27th, 2026
KPMG barred from Victoria government tenders until October over confidential document misuse

KPMG has been barred from bidding for new government contracts in Victoria, Australia, until at least October, according to the Australian Financial Review. The Big Four firm must also withdraw from current tender negotiations following misconduct involving confidential client documents. The ban stems from KPMG's admission that former chief operating officer Eileen Hoggett improperly stored and shared confidential Lendlease board papers. Victoria joins other Australian jurisdictions, including the Federal Government and several states, in blocking KPMG from tender processes until 30 September. KPMG currently holds Victorian contracts worth A$24 million and participates in broader consortia valued at A$195 million. The firm is implementing job cuts and has already reduced partner pay by 20%. John Sams recently became Australia CEO after Andrew Yates resigned in May.

Fortune
Jul 21st, 2026
KPMG becomes OpenAI Elite Partner after building AI supply chain platform for the frontier lab

KPMG has been named an OpenAI Elite Partner following a collaboration in which KPMG built an internal supply chain platform for OpenAI itself. That deployment now serves as the foundation for KPMG's enterprise AI offerings. The partnership centres on "headless" software, where employees stop navigating applications and instead describe what they want done. AI agents interpret requests, coordinate across backend systems, and execute tasks. "You're going to be talking more than you're typing," said Chad Seiler, KPMG's US industry leader for technology, media and telecommunications. The model keeps existing enterprise systems as infrastructure whilst adding an intelligent agent layer on top. KPMG maintains parallel partnerships with other frontier labs, including Anthropic. The firm has integrated OpenAI capabilities into its internal AI tool since 2023.