2027 Summer Analyst Program - Insurance - Actuarial (Des Moines)

Student Careers at KKR•Des Moines, IA

3d•$70,000 - $75,000•Onsite

About The Position

KKR's 2027 Summer Analyst Program offers an opportunity for undergraduate students to join a leading global investment firm. This program is recruiting Summer Analysts for KKR's Insurance business in their Des Moines office, specifically within the Actuarial team. While specific tasks may vary slightly across teams, Actuarial Summer Analysts will gain experience in modeling and/or valuation by working both independently and collaboratively with Actuarial team members. Exceptional performers may be extended full-time offers for 2028 upon completion of the internship.

Requirements

Anticipated graduation date from an undergraduate program in December 2027 - June 2028
Area of study in Actuarial Science, Mathematics, Statistics, or related field
Completion of at least one Society of Actuaries exam required
Demonstrated skills in Microsoft Office, particularly Excel
Coding experience in Python or other modern programming languages preferred (VBA experience also valued)
Experience using AI coding assistants (e.g., Claude Code, GitHub Copilot, Cursor) to accelerate development and debugging
Comfort writing and maintaining documentation in Markdown
Exposure to machine learning concepts, including reinforcement learning techniques, is a plus
Outstanding academic record
Comfort using AI 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
Strong critical and creative thinking across quantitative and qualitative work
Self-starter with intellectual curiosity and a drive to learn quickly
Excellent communication and collaboration skills
Ability to multi-task, prioritize, and work both independently and within teams
Skilled at managing multiple priorities with strong attention to detail
Exceptional work ethic and sense of urgency

Responsibilities

Calculate US Statutory, Tax, and GAAP reserves
Provide analysis for both statutory and GAAP balances and earnings impacts
Assist with the onboarding of new reinsurance deals
Conduct annual impact testing for potential assumption changes
Support audit and regulatory requests
Support the development and maintenance of the ALFA and Integrate actuarial models
Identify and implement process improvements, including developing macros/scripts (e.g., in Python or VBA), leveraging AI coding assistants, and enhancing file formats, documentation (e.g., Markdown), and workflows to improve efficiency and accuracy