AVP, Actuarial Modeling

COMPANY OVERVIEW

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.

POSITION OVERVIEW

The position is on the Actuarial Modeling team at Global Atlantic’s Boston office. While Boston is the preferred location, other Global Atlantic office locations may be considered such as Des Moines, IA.

RESPONSIBILITIES:

• Build actuarial models for newly acquired institutional blocks, on our new state-of-the-art Milliman Integrate Actuarial platform

• Models will be used to support GAAP, US and Bermuda Statutory reporting, cash-flow testing, and other analysis

• Develop and maintain testing tools for new models

• Support assumption updates and impact quantification

• Support model production team in producing quarterly/monthly valuation results

• Follow and employ model development best practices, including:

• Model design

• Change management testing and governance

• Documentation

• Model validation

• Adherence to SOX and Risk Management policies

• Support internal and external auditing activities as well as regulatory exams and inquiries, as needed

QUALIFICATIONS:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields

• FSA or established ASA with 10+ years of experience in the life and annuity insurance industry

• Solid experience with MG ALFA or other Actuarial Projection Software required

• Strong communication, technical and analytical skills

• Self-starter and quick learner, being able to solve complex issues independently and in collaborative team settings

• US GAAP valuation experience preferred

• Programming language such as Python or SQL a plus

• Ability to excel in a dynamic and fast-paced environment

This is the expected annual base salary range for this Boston -based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Base Salary Range $140,000 - $180,000

“To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.”

KKR is an equal opportunity employer.  Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.

KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email [email protected]. Emails sent for unrelated issues, such as following up on an application, will not receive a response.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to [email protected]. Only emails left for this purpose will be returned.

Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.