Actuarial Summer Analyst - AI-Driven Modeling & Valuation

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 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.