Nazir Valani | KPMG | CA
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Nazir Valani

Partner & National Leader, Actuarial Practice

KPMG in Canada

Nazir is a Partner and North American Leader for AXIS Implementation at KPMG. Nazir works with the US team to leverage the tremendous opportunities for end to end actuarial and finance transformation initiatives. He is also the National Leader of the Actuarial Practice. He is the senior actuary for Life Insurance, Pensions and Property & Casualty in Canada. He is responsible for providing actuarial services to audit and advisory clients. Nazir began his career in the life insurance industry in 1980. Prior to establishing Valani Consulting in 1998, he held various actuarial positions with three major Canadian life insurance companies including management roles in product development, reinsurance and corporate actuarial. He also spent five years with GGY, the developers and distributors of the AXIS actuarial software system. Valani Consulting Inc. merged with KPMG in August 2012 when it was the 2nd largest Life Actuarial Practice in Canada. As a consultant, Nazir has done a variety of work for direct insurance and reinsurance companies in Canada, the United States, Asia and the Caribbean. During his career, Nazir has participated in a number of industry activities including serving as a member of the Committee on Life Insurance Financial Reporting (CLIFR), a member of the CLHIA Committee on Policyholder Taxation, a member of the Annuity Reserve Working Group (ARWG) and a member of the Life Practice Committee in the Caribbean. Nazir is a frequent presenter at various insurance industry conferences - SOA, CIA, CAA and Acumen - covering such topics on “The actuarial impact of IFRS 4 Phase 2”, “Modeling Best Practices”, “Model vetting”, “Sources of Earnings”, and “The Future of Participating Life Insurance”.

Areas of expertise

Audit Financial Services Insurance

Education and qualifications

  • BSc University of Western Ontario (Math)




  • International Financial Reporting Standards (IFRS)

  • Appointed Actuary

  • Peer Review

Community Involvement

  • Minister of Religion

  • Vice Chair - Aga Khan Education Board

  • Volunteer - Ismaili Volunteer Corps

  • President of Ismailia Student Association

  • Committee of Life Insurance Reporting (CLIFR) - Member

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