Insurance Risk Modeler — ALM & Hedging Focus

KKR; New York (NY); On-site; USD 130,000 - 140,000; Full time

Job summary

KKR seeks an Actuarial Associate, Insurance Risk Modelling in New York to build, validate and maintain liability models supporting pricing, valuation and ALM. You will work with risk management and business stakeholders to translate insights into actionable risk controls.

The role requires a quantitative degree, 5+ years in life/annuities or actuarial consulting, and strong communication. Proficiency with Python and GA Risk platform is highly desired; base salary ranges from $130,000 to $140,000.

Qualifications

• Bachelor's Degree in a quantitative discipline required.
• 5+ years in a diversified life and annuity/financial or actuarial consulting firm.
• Professional designation in financial risk management, such as FSA/ASA or CFA preferred.
• 5+ years of experience in insurance models with proven track records of modelling complicated insurance products.
• Knowledge of insurance products (both life and annuities) preferred.
• Previous experience in hedging or ALM preferred.
• Python programming skills are highly desired.
• Strong verbal and written communication skills, especially when articulating technical concepts in a compelling manner to engage both technical and non-technical audiences.

Responsibilities

• Develop insurance liability models in GA Risk’s liability modelling platform.
• Communicate findings and implications to Risk’s management team and other stakeholders
• Help onboard various Institutional transactions onto our Risk platform.
• Perform liability stresses under different lenses (GAAP/Stat/Econ/Bermuda) and understand both actuarial and market risks.
• Support new product launches and ensure the risk models are up to date with regular rate changes, new product features.
• Perform validation and control reviews of actuarial/financial models, including assessments of the methodologies and assumptions used within models.
• Assist in the development and use of quantitative models and analytical tools that enable the Risk function to provide constructive challenge to the current risk management, modeling, and pricing practices.

Skills

Python programming

Verbal communication

Written communication

Risk modelling

Education

Bachelor's degree in a quantitative discipline

Tools

GA Risk platform

Job description

KKR seeks an Actuarial Associate, Insurance Risk Modelling in New York to build, validate and maintain liability models supporting pricing, valuation and ALM. You will work with risk management and business stakeholders to translate insights into actionable risk controls.

The role requires a quantitative degree, 5+ years in life/annuities or actuarial consulting, and strong communication. Proficiency with Python and GA Risk platform is highly desired; base salary ranges from $130,000 to $140,000.