2027 Summer Analyst Program Insurance Actuarial Des Moines

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

Job summary

KKR's 2027 Summer Analyst Program in Des Moines invites undergraduate students to join the Insurance business within the Actuarial team. Analysts will work on modeling and valuation, independently and with team members, with potential offers for 2028 based on performance.

Responsibilities include reserving analyses, onboarding new reinsurance deals, and annual impact testing, while leveraging AI coding tools and Markdown documentation to improve processes.

Qualifications

• Anticipated graduation date Dec 2027 - Jun 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 to accelerate development and debugging.
• Comfort writing and maintaining documentation in Markdown.
• Exposure to machine learning concepts is a plus.
• Strong academic record and curiosity about AI technologies.

Responsibilities

• 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 potential assumption changes.
• Support audit and regulatory requests.
• Support development and maintenance of actuarial models.
• Identify and implement process improvements, including macros/scripts and Markdown documentation.

Skills

Excel proficiency

Python programming

Markdown documentation

AI tools familiarity

Communication skills

Multi-tasking

Attention to detail

Education

Actuarial Science/Math/Statistics

SOA exam completed

Tools

Excel

Python

VBA

Markdown

Job description

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].

Compensation

$70,000-$75,000 per year