2027 Summer Analyst Program - Actuarial (Des Moines)

Careers at KKR; Des Moines (IA); On-site; USD 70,000 - 75,000; Full time

Job summary

KKR is offering a 2027 Summer Analyst opportunity in its Insurance actuarial team in Des Moines. The internship focuses on modeling and valuation, with potential for a full-time offer in 2028 for top performers.

You will work independently and with actuarial teammates on reserves, balance sheets, and modeling enhancements. The program requires strong Excel skills, exposure to Python or VBA, and a solid academic record in actuarial science or related fields.

Qualifications

• SOA exam completed or in progress
• Proven Excel skills and strong analytical ability
• Experience with Python or similar languages for modeling
• Comfort writing documentation in Markdown
• Familiarity with AI coding tools to speed development
• Interest in actuarial modeling and machine learning concepts

Responsibilities

• Compute US Statutory, Tax, and GAAP reserves
• Analyze statutory and GAAP balances and earnings impacts
• Assist onboarding of new reinsurance deals
• Conduct annual impact testing for assumption changes
• Support audits and regulatory requests
• Develop and maintain actuarial models and documentation

Skills

Excel

Python

VBA

Markdown

AI tools

Education

Actuarial Science / Mathematics / Statistics

Tools

Claude Code

GitHub Copilot

Cursor

Job description

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 is an opportunity for you to join a leading global investment firm, during your undergraduate career.

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].

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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.