at KKR
Private EquityPosted 14 days ago
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**AVP, Actuarial Modeling at Global Atlantic in Boston (or Des Moines).** Develops and maintains actuarial models on Milliman Integrate platform, supporting GAAP, US, and Bermuda reporting. Ensures model development best practices and SOX/Risk Management adherence. Requires FSA/ASA, 10+ years' experience, MG ALFA proficiency. Ideal candidate boasts strong analytical, technical, and communication skills, US GAAP experience, and ability to thrive in dynamic environments.
- Compensation
- $140,000 – $180,000 USD
- City
- Boston
- Country
- United States
Currency: $ (USD)
Full Job Description
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. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries.
POSITION OVERVIEW
The position is on the Actuarial Modeling team at Global Atlantics 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:
- Bachelors 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 Benefits@kkr.com. 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 Benefits@kkr.com. 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.
