2027 Summer Analyst Program - Actuarial (Des Moines)

KKR; Des Moines (IA); Presencial; USD 70.000 - 75.000; Jornada completa

Descripción de la vacante

KKR is recruiting for Summer Analysts for its Insurance business in Des Moines, within the Actuarial group. You will gain experience in modeling and valuation, working independently and with team members.

After internship, top performers may receive 2028 full-time offers. Responsibilities include reserving, balance and earnings impact analyses, onboarding reinsurers, and testing assumption changes while developing actuarial models.

Formación

• Anticipated graduation date of Dec 2027 – Jun 2028.
• Actuarial Science/Math/Stats or related field.
• Completion of at least one SOA exam is required.
• Proficient with Microsoft Excel.
• Coding experience in Python or other modern languages; VBA valued.
• Experience using AI coding assistants to accelerate development and debugging.
• Comfort writing Markdown documentation.
• Exposure to ML concepts is a plus.
• Outstanding academic record and strong work ethic.
• Ability to evaluate AI outputs for accuracy.

Responsabilidades

• Calculate US Statutory, Tax, and GAAP reserves
• Provide analysis for statutory and GAAP balances and earnings impacts
• Assist with onboarding of new reinsurance deals
• Conduct annual impact testing for assumption changes
• Support audit and regulatory requests
• Develop and maintain actuarial models (ALFA and Integrate)
• Identify and implement efficiency-improving process changes, including macros/scripts and AI tools

Conocimientos

Strong communication

Team collaboration

Self-motivated

Attention to detail

Educación

Actuarial Science (undergrad)

SOA exam completed

Herramientas

Python

VBA

GitHub Copilot

Claude Code

Descripción del empleo

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.

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.

KKR's 2027 Summer Analyst Program

We are recruiting for Summer Analysts for KKR's Insurance business in our Des Moines office within our Actuarial business. While the role will differ slightly across teams, Actuarial Summer Analysts will gain experience in modeling and/or valuation through working both independently and with Actuarial team members. Following the conclusion of the internship, 2028 full-time offers may be extended to exceptional performers.

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

Qualifications

• 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

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 [e-mail].

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 www.kkr.com/careers as a result of your disability. You can request reasonable accommodations by sending an email to [e-mail].

This is the expected annual base salary range for this Iowa-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

$70,000—$75,000 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.