Associate, Valuation

Posted Yesterday
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Boston, MA, USA
In-Office
140K-170K Annually
Mid level
Insurance • Financial Services
The Role
Support valuation and financial reporting for pension risk transfer and institutional annuity blocks. Responsibilities include calculating statutory, tax, and GAAP reserves; analyzing sensitivities and earnings impacts; maintaining SOX controls; onboarding reinsurance deals to valuation platforms; conducting assumption impact testing; and supporting asset adequacy analysis, audits, and regulatory requests.
Summary Generated by Built In

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.

Skills Required

  • 4+ years of actuarial experience in the life insurance and retirement industry
  • Associate of the Society of Actuaries (ASA) designation
  • Knowledge of annuity or life insurance products
  • Background in life and annuity US Statutory and GAAP valuation
  • Experience with actuarial software, especially MG-ALFA or PathWise
  • Strong communication, technical, and analytical skills
  • Personal accountability for executing goals and objectives
  • Ability to generate new and unique ideas
  • Positive attitude and ability to work as part of a high-performing team
  • Comfort using AI-powered tools to improve productivity and work quality
  • Openness to adopting emerging AI technologies in daily workflows
  • Ability to critically evaluate AI-generated outputs for accuracy and relevance

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: New York, NY
3,705 Employees
Year Founded: 1976

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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