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 Summary:
The Actuarial Associate, Insurance Risk Modelling plays a key role in the development, maintenance, and validation of insurance liability models that support pricing, valuation, hedging, and asset-liability management (ALM). This role involves building and enhancing models within the firm’s risk platform, performing stress testing across multiple regulatory and economic frameworks, and ensuring models remain aligned with evolving product features and assumptions. The associate collaborates closely with risk management and business stakeholders to communicate insights, support transaction onboarding, and contribute to the development of analytical tools that strengthen risk oversight and challenge existing modeling and pricing practices.
Responsibilities:
- Develop insurance liability models in GA Risk’s liability modelling platform.
- Communicate findings and implications to Risk’s management team and other stakeholders
- Help onboard various Institutional transactions onto our Risk platform.
- Perform liability stresses under different lenses (GAAP/Stat/Econ/Bermuda) and understand both actuarial and market risks.
- Support new product launches and ensure the risk models are up to date with regular rate changes, new product features.
- Perform validation and control reviews of actuarial/financial models, including assessments of the methodologies and assumptions used within models.
- Assist in the development and use of quantitative models and analytical tools that enable the Risk function to provide constructive challenge to the current risk management, modeling, and pricing practices.
Qualifications:
- Bachelor's Degree in a quantitative discipline required.
- 5+ years in a diversified life and annuity/financial or actuarial consulting firm.
- Professional designation in financial risk management, such as FSA/ASA or CFA preferred.
- 5+ years of experience in insurance models with proven track records of modelling complicated insurance products.
- Knowledge of insurance products (both life and annuities) preferred.
- Previous experience in hedging or ALM preferred.
- Python programming skills are highly desired.
- Strong verbal and written communication skills, especially when articulating technical concepts in a compelling manner to engage both technical and non-technical audiences.
This role is not eligible for visa sponsorship now or in the future.
This is the expected annual base salary range for this New York-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 $120,000 - $130,000
#LI-KS1
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.
Skills Required
- Bachelor's Degree in a quantitative discipline
- 5+ years in a diversified life and annuity/financial or actuarial consulting firm
- Professional designation in financial risk management such as FSA/ASA or CFA
- 5+ years of experience in insurance models with proven track record of modelling complicated insurance products
- Knowledge of insurance products (both life and annuities)
- Previous experience in hedging or ALM
- Strong verbal and written communication skills
KKR Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about KKR and has not been reviewed or approved by KKR.
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Fair & Transparent Compensation — Pay is considered strong and often characterized as fair, with a success‑based model intended to tie rewards to realized performance. Feedback suggests this structure improves clarity around how outcomes influence compensation.
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Equity Value & Accessibility — Broad‑based employee ownership is emphasized, giving team members access to options, RSUs, and portfolio‑company equity programs that can yield meaningful upside. This approach is positioned as additional value without trading off wages or core benefits.
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Healthcare Strength — Health coverage is described as comprehensive, with standout elements like an on‑site wellness center at the New York headquarters offering primary care, mental health, and preventive services. Wellness programs, nutrition support, and EAP resources further reinforce a robust health offering.
KKR Insights
What We Do
KKR is a leading global investment firm that offers alternative asset management and 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 The Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.
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