Actuarial Associate: AI-Driven Insurance Risk Modeling

KKR; Des Moines (IA); On-site; USD 120,000 - 130,000; Full time

Benefits offered by this job

Equal opportunity employer

Accommodations for applicants with a-?

Job summary

KKR is seeking an Actuarial Associate on the GA Risk modelling team to own liability models end‑to‑end, influencing pricing decisions and balance sheet valuations.

You will build and stress models across GAAP, Stat, Econ and Bermuda, bringing actuarial and market risk together as new products launch. AI integration will be a daily focus, with opportunities to impact modeling and pricing decisions.

Qualifications

• Bachelor's degree in quantitative disciplines required.
• 4–5+ years in life/annuity/financial or actuarial consulting.
• 4–5+ years modeling insurance products, with MG-ALFA/Pathwise/PolySystem experience.
• Strong communication skills for technical and non-technical audiences.

Responsibilities

• Develop and enhance insurance liability models in KKR Insurance Risk's liability modeling platform.
• Perform liability stresses under GAAP/Stat/Econ/Bermuda, understanding actuarial and market risk.
• Onboard institutional transactions onto the Risk platform.
• Support new product launches and keep risk models current with rate changes/new features.
• Run validation and control reviews of actuarial and financial models; assess methodologies and assumptions behind them.
• Build quantitative models and analytical tools to challenge current risk management, modeling, and pricing practices.
• Communicate findings to Risk's leadership and business stakeholders.

Skills

Python programming

Actuarial modeling

Risk analysis

Communication skills

FSA / CFA (nice to have)

Hedging / ALM

Life & annuity knowledge

Education

Bachelor's degree in quantitative disciplines

Tools

MG-ALFA

Pathwise

PolySystem

Job description

KKR is seeking an Actuarial Associate on the GA Risk modelling team to own liability models end‑to‑end, influencing pricing decisions and balance sheet valuations.

You will build and stress models across GAAP, Stat, Econ and Bermuda, bringing actuarial and market risk together as new products launch. AI integration will be a daily focus, with opportunities to impact modeling and pricing decisions.