Actuarial Associate - Insurance Risk Modeling with AI

KKR; New York (NY); On-site; USD 120,000 - 130,000; Full time

Job summary

KKR in New York is seeking an Actuarial Associate on the GA Risk modelling team to own liability models end to end and influence pricing and risk decisions.

You’ll develop models directly in our risk platform, run stresses under GAAP, Stat, Econ, Bermuda, and help onboard institutional transactions.

The role emphasizes AI integration and close collaboration with actuarial and market risk teams; a Bachelor's in a quantitative field and 4–5+ years of experience are expected.

Qualifications

• Bachelor's degree in quantitative disciplines.
• 4 to 5+ years in a diversified life and annuity / financial or actuarial consulting environment.
• 4 to 5+ years modeling insurance products, with a proven track record on complex products, ideally with MG-ALFA/Pathwise/PolySystem experiences.
• Clear, compelling communication skills, especially when translating technical concepts for both technical and non-technical audiences.

Responsibilities

• Develop and enhance insurance liability models in KKR Insurance Risk's liability modeling platform.
• Perform liability stresses under multiple lenses (GAAP / Stat / Econ / Bermuda), building a deep understanding of both actuarial and market risk.
• Onboard institutional transactions onto the Risk platform.
• Support new product launches and keep risk models current with rate changes and new product features
• Run validation and control reviews of actuarial and financial models, including critical assessment of the methodologies and assumptions behind them
• Build quantitative models and analytical tools that empower Risk to provide constructive challenges to current risk management, modeling, and pricing practices
• Communicate findings and their implications clearly to Risk's leadership and business stakeholders

Skills

Modeling insurance products

Communication skills

Python

Education

Bachelor's degree in quantitative disciplines

Tools

MG-ALFA/Pathwise/PolySystem

Job description

KKR in New York is seeking an Actuarial Associate on the GA Risk modelling team to own liability models end to end and influence pricing and risk decisions.

You’ll develop models directly in our risk platform, run stresses under GAAP, Stat, Econ, Bermuda, and help onboard institutional transactions.

The role emphasizes AI integration and close collaboration with actuarial and market risk teams; a Bachelor's in a quantitative field and 4–5+ years of experience are expected.