Associate, Valuation

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.
• Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. With differentiated investment and risk management capabilities, deep client relationships, and a strong financial foundation, the company has established a track record of delivering proven, value-added solutions and long-term growth. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers asset management and capital markets solutions across multiple strategies.

Global Atlantic is looking for a diverse team of talented individuals who reinforce our culture of collaboration and innovation. We are dedicated to the career development of our people because we know they are critical to our long-term success. Join our team and come grow with us.

POSITION OVERVIEW

This position, located in the Boston, MA office, will support the valuation and financial reporting of Pension Risk Transfer (PRT) or Institutional Annuity blocks (assumed through several reinsurance deals). The candidate will work with the valuation team in both the reporting and analysis/review of the business. The hiring manager will consider either an Associate or Sr. Analyst level based on prior experience.

Key responsibilities of the role include

Calculating US Statutory, Tax, US GAAP reserves, and other related actuarial balances

Providing analysis, including sensitivities, for both statutory and GAAP balances and earnings impacts

Maintaining and improving various controls, including Sarbanes-Oxley (SOX)

Working with cross functional areas (Pricing, Modeling, IT, Data) to onboard new deals to existing modeling and valuation platforms

Conducting annual impact testing for potential assumption changes

Supporting Asset Adequacy Analysis, audit and regulatory requests

QUALIFICATIONS

4+ years of actuarial experience in the life insurance and retirement industry

ASA designation required

Knowledge of annuity or life insurance products and/or background in life and annuity US Statutory and GAAP valuation preferred

Experience with actuarial software, especially MG-ALFA or PathWise, helpful.

Strong communication, technical, and analytical skills.

Takes personal accountability for the execution of goals and objectives.

Able to participate in the generation of new and unique ideas.

Has positive attitude necessary to be part of a strong performing team

Comfort using AI-powered tools to improve productivity and quality of work

Curiosity about and openness to adopting emerging AI technologies in day-to-day workflows

Ability to critically evaluate AI-generated outputs for accuracy and relevance

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
• —
• $170,000 USD
• 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.