Associate, Valuation

Careers at KKR • Boston, MA

12h • $140,000 - $170,000 • Onsite

About The Position

This position is based in the Boston, Massachusetts office and supports the valuation and financial reporting of Pension Risk Transfer (PRT) or Institutional Annuity blocks assumed through several reinsurance deals. The successful candidate will work with the valuation team on reporting, analysis, and review of the business. The hiring manager may consider candidates at either the Associate or Senior Analyst level, depending on prior experience.

Requirements

• At least 4 years of actuarial experience in the life insurance and retirement industry.
• ASA designation.
• Strong communication, technical, and analytical skills.
• Personal accountability for executing goals and objectives.
• Ability to participate in generating new and unique ideas.
• Positive attitude and ability to contribute to 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.

Nice To Haves

• Knowledge of annuity or life insurance products and/or a background in life and annuity US Statutory and GAAP valuation.
• Experience with actuarial software, especially MG-ALFA or PathWise.

Responsibilities

• Calculate US Statutory, Tax, and US GAAP reserves, as well as other related actuarial balances.
• Provide analysis, including sensitivities, for statutory and GAAP balances and earnings impacts.
• Maintain and improve controls, including Sarbanes-Oxley (SOX) controls.
• Work with Pricing, Modeling, IT, Data, and other cross-functional areas to onboard new deals to existing modeling and valuation platforms.
• Conduct annual impact testing for potential assumption changes.
• Support Asset Adequacy Analysis, audits, and regulatory requests.

Benefits

• Employees may be eligible for a discretionary bonus based on factors such as individual and team performance.
• Reasonable accommodations are available as required by applicable federal, state, and/or local laws.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed