2027 Summer Analyst Program - Insurance Risk - QALM/Liquidity Risk
About The Position
KKR's 2027 Summer Analyst Program offers an opportunity to join a leading global investment firm during your undergraduate career. This role is for Summer Analysts within KKR's Insurance business in New York, specifically within the Quantitative Asset Liability Management (QALM) and Liquidity Risk teams. The QALM team focuses on daily capital markets hedging using equity and interest rate options, and weekly aggregate level reporting for the firm’s net fixed income risk metrics. The Liquidity Risk team assesses the impact of market stresses on liquidity and capital, and reports on downside risk buffer levels and funding adequacy. This position involves contributing to the development of the Beacon risk system, a Python-based risk management environment. An ideal candidate will possess a strong quantitative analytics background with some understanding of investments, derivatives, and insurance products. Summer Analysts will gain hands-on experience across various Risk, Investments, Actuarial, and Finance functions within KKR’s insurance platform. Exceptional performers may receive full-time offers for 2028.
Requirements
- Anticipated graduation date from an undergraduate program in December 2027 - June 2028
- Area of study in quantitative discipline such as math, statistics, computer science or related technical fields
- Strong analytic, programming and database skills
- Understanding of various asset classes, such as fixed income, equities, credit, foreign exchange, derivatives and risk management concepts
- 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 project management, verbal and written communication skills and ability to work with people of varying backgrounds
- Strong sense of business ethics
- Ability to work independently and excel in a dynamic, exciting, and fast-paced environment
Nice To Haves
- Experience with Python is preferred
- SQL and Excel is a plus
Responsibilities
- Assist QALM team on an impactful analytics project, including producing reports for stakeholders to monitor and review key ALM risk matrix, designing and implementing enhancements to ALM analytics and tools.
- Assist QALM team on an impactful hedging project, including supporting the onboarding of new individual and institutional initiatives, and enhancing and extending hedging code for new requirements.
- Assist the Liquidity Risk team on an impactful liquidity project, including enhancing stress testing initiatives, monitoring buffer funding levels, and designing and implementing enhancements to existing code, applications, and data products.
- Gain familiarity of KKR’s proprietary Python-based risk ecosystem, including KKR Insurance’s hedging program, scenario generation, and automated risk reporting.
- Gain familiarity of ALM reporting and monitor asset, liability, and derivatives risk positions relative to management objectives and policy limits.
- Perform analysis on asset positioning with respect to liquidity objectives.
- Present results of projects in the Liquidity, Hedging Strategies and ALM Working Group meetings, as well as the All Risk meeting.
Benefits
- Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
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What This Job Offers
Job Type
Full-time
Career Level
Intern
Education Level
No Education Listed
