Actuarial Summer Analyst, Insurance & AI Modeling

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

Job summary

KKR is recruiting for Summer Analysts for its Insurance business in Des Moines, within the Actuarial group. You will gain experience in modeling and valuation, working independently and with team members.

After internship, top performers may receive 2028 full-time offers. Responsibilities include reserving, balance and earnings impact analyses, onboarding reinsurers, and testing assumption changes while developing actuarial models.

Qualifications

• Anticipated graduation date of Dec 2027 – Jun 2028.
• Actuarial Science/Math/Stats or related field.
• Completion of at least one SOA exam is required.
• Proficient with Microsoft Excel.
• Coding experience in Python or other modern languages; VBA valued.
• Experience using AI coding assistants to accelerate development and debugging.
• Comfort writing Markdown documentation.
• Exposure to ML concepts is a plus.
• Outstanding academic record and strong work ethic.
• Ability to evaluate AI outputs for accuracy.

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 assumption changes
• Support audit and regulatory requests
• Develop and maintain actuarial models (ALFA and Integrate)
• Identify and implement efficiency-improving process changes, including macros/scripts and AI tools

Skills

Strong communication

Team collaboration

Self-motivated

Attention to detail

Education

Actuarial Science (undergrad)

SOA exam completed

Tools

Python

VBA

GitHub Copilot

Claude Code

Job description

KKR is recruiting for Summer Analysts for its Insurance business in Des Moines, within the Actuarial group. You will gain experience in modeling and valuation, working independently and with team members.

After internship, top performers may receive 2028 full-time offers. Responsibilities include reserving, balance and earnings impact analyses, onboarding reinsurers, and testing assumption changes while developing actuarial models.