Associate, Third Party Reinsurance Management

KKR; Des Moines (IA); On-site; USD 115,000 - 130,000; Full time

Job summary

KKR in Des Moines seeks a Reinsurance Management professional to serve as the primary contact for internal and external reinsurance queries on life and annuity products. The role coordinates with product development, actuarial, legal and IT, while engaging with third-party reinsurers and the reinsurance TPA.

The position involves presenting program performance to committees and senior management, handling external relationships, and addressing pricing, implementation, or query escalations.

Qualifications

• Exposure to reinsurance and/or actuarial background.
• Experience with life and annuity product features preferred.
• "go getter" mentality with initiative and independent action.
• Strong verbal and written communication to non-technical audiences.

Responsibilities

• Analyze financial impact of changes in reinsurance coverage and retention.
• Oversight of work effort performed by the reinsurance TPA and internal modeling team.
• Organize and present to internal committees and senior management ongoing program performance and potential strategic management decisions.
• Strong people skills, including external relationship management.
• Provide product and system expertise related to reinsurance for all areas of the company and our reinsurance third party administrator (TPA).
• Respond to escalated issues relating to reinsurance pricing, implementation or queries.

Skills

Reinsurance knowledge

Actuarial background

Financial services experience

Strong communication skills

Job description

Company Overview

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries.

Position Overview

The Reinsurance Management position will act as the key contact for internal and external queries related to reinsurance on both Life and Annuity products. Additionally, this role will be the primary point of contact for reinsurers and reinsurance administrator TAI. This position will coordinate and interact internally including product development, corporate actuarial, legal and IT. External interactions include our third party reinsurance partners, external reinsurers and key stakeholders. Position is being considered to join our Des Moines office.

Responsibilities

• Analyze financial impact of changes in reinsurance coverage and retention
• Oversight of work effort performed by the reinsurance TPA and internal modeling team
• Organize and present to internal committees and senior management ongoing program performance and potential strategic management decisions
• Strong people skills, including external relationship management
• Provide product and system expertise related to reinsurance for all areas of the company and our reinsurance third party administrator (TPA)
• Respond to escalated issues relating to reinsurance pricing, implementation or queries

Qualifications

• Exposure to reinsurance and/or actuarial background required. Approx. (3-5) years of financial services industry experience is required
• Experience with life and annuity product features is preferred
• "go getter" mentality, taking initiative and suggesting a course of action independently
• Strong verbal and written communication skills with the ability to present technical information to non-technical audiences

This is the expected annual base salary range for this Des Moines-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Base Salary Range $115,000 - $130,000 USD

KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.

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]. Emails sent for unrelated issues, such as following up on an application, will not receive a response.

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 https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to [e-mail]. Only emails left for this purpose will be returned.

Massachusetts Applicants

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.