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
KKR Insurance is seeking a candidate to support reinsurance and statutory investment accounting and reporting for assets ceded to internal and external reinsurers, prepare analysis to support audited financials, and support the implementation of new deals. This position will also support cross functional initiatives related to process enhancements and redesign related to achieving concurrent and consistent delivery of investment results across multiple basis. The role will offer exposure to multiple levels of management and GA functions, including Finance / Controllers, IT, Bermuda Finance and Investment Operations. This individual will support the management of a team of investment accounting professionals at various levels, supporting the reinsurance and statutory investment areas within investment accounting and will be required to bridge the operations and the accounting for investment activity to support the accounting and reporting. All candidates must, in addition to possessing the specific qualifications cited below, work well within a complex, fast-paced, fluid environment, and strong organizational and interpersonal skills.
RESPONSIBILITIES
Leadership and Oversight
- Support the management of a team of investment accounting professionals responsible for reinsurance and statutory investment accounting functions.
- Provide mentorship and guidance to team members, fostering a culture of accountability, continuous improvement, and excellence.
Operational
- Oversee quarterly Risk Based Capital charges and coordination with the statutory accounting finance team to ensure appropriate RBC calculations
- Ensure timely and accurate statutory financial statement reporting
- Execute and review quarter-end close procedures, including analytical reviews of investment balances, validation of investment income, B36 calculations, and statutory impairment assessments
- Support accounting and capital conclusions related to new investments.
- Perform ad hoc analyses and assist with special projects as needed.
- Perform control functions in compliance with Sarbanes-Oxley Section 404 and NAIC Model Audit Rule.
Cross-Functional Collaboration
- Act as a liaison between Investment Accounting Investment Operations and Deal teams to ensure proper instruction and accounting for complex investment transactions (e.g., asset categorization, capital impact, and income recognition).
- Partner with Bermuda Finance teams, to ensure appropriate quarterly reporting.
- Engage in NAIC/ACLI discussions relating to proposals related to investments
- Coordinate with third-party service providers and internal stakeholders to ensure timely processing and accurate recognition of investment-related transactions.
Process Improvement and Transformation
- Drive initiatives aimed at enhancing investment accounting processes, data consistency, and operational efficiency across multiple accounting bases.
- Support transformation projects to streamline investment data management, reconciliation, and reporting processes within investment accounting.
- Contribute to the design and implementation of scalable solutions that improve the concurrent delivery of GAAP and STAT investment results.
QUALIFICATIONS
- Bachelor’s in accounting or finance; CPA
- 9+ years of relevant experience
- Strong technical accounting skills and knowledge of U.S. GAAP and statutory accounting principles
- Familiarity with complex transactions, including reinsurance
- Knowledge of SOX controls and public company experience
- Proven ability to successfully manage close processes across multiple teams with timely and accurate delivery of financial results
- Strong analytical skills, ability to analyze financial results.
- Strong ability to effectively communicate complex accounting to different stakeholders in the organization at all levels through written, verbal and interpersonal skills
- Excellent computer skills, including MS Excel, Peoplesoft platforms, data warehouse a plus
- Strong focus on process improvement and automation
#LI-HYBRID
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.
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 Accounting or Finance; CPA
- 9+ years of relevant experience
- Strong technical accounting knowledge of U.S. GAAP and statutory accounting principles
- Familiarity with complex transactions including reinsurance
- Knowledge of SOX controls and public company experience
- Proven ability to manage close processes across multiple teams and deliver timely, accurate financial results
- Strong analytical skills to analyze financial results
- Ability to effectively communicate complex accounting matters to stakeholders at all levels
- Proficient in MS Excel
- Experience with PeopleSoft platforms
- Experience with data warehouse technologies
- Strong focus on process improvement and automation
- Experience managing and mentoring investment accounting professionals
- Ability to perform control functions in compliance with SOX Section 404 and NAIC Model Audit Rule
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.
