Product Development and Management Associate

Stage; Des Moines (IA); On-site; USD 115,000 - 125,000; Full time

Job summary

The KKR Global Atlantic team is seeking a candidate to support product implementation efforts in the growing annuity business. You will collaborate with Legal, Operations, Actuarial, Technology, Sales and Marketing, and Senior Management to craft solutions in today’s insurance market.

You will develop test plans, document business requirements, assist with contract drafting and filing, and provide production support across platforms, while staying adaptable and focused on high-priority items.

Qualifications

• Education equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or related field.
• 3–5 years of experience in the Insurance Industry, with focus on annuities.
• Demonstrated Excel expertise.
• Strong analytical ability.
• Excellent communication skills, verbal and written.
• Ability to understand and interpret technical material.
• High energy level and internal motivation.
• Adaptable with changing priorities.
• Learning mindset with focus on process improvement.

Responsibilities

• Implementation Support: Create test plans for product implementations on multiple platforms; develop and test system builds.
• Business Requirement Definition: Create BR documentation and product outlines for Global Atlantic products.
• Contract Drafting and Filing: Assist with drafting and review; support filing processes.
• Production Support: Identify, quantify, and resolve issues for inforce business across platforms.
• Other duties as assigned.

Skills

Excel

Analytical skills

Communication skills

Technical reading

Detail-oriented

Learning mindset

Results oriented

Education

Bachelor's degree or equivalent in actuarial science / mathematics / statistics / finance or related field

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

This role will have responsibilities supporting product implementation efforts in the growing annuity business at Global Atlantic. The individual that accepts this position will work with a broad, multi-disciplined team to find creative solutions to the opportunities and challenges faced in today’s insurance market. The position requires interaction with multiple areas of the company, including Legal, Operations, Actuarial, Technology, Sales and Marketing as well as Senior Management.

• Implementation Support: Create test plans for product implementations on multiple platforms. Work on development and testing of system builds in support of product implementation efforts. Provide support for product training and create process documentation. Work with Legal/Compliance on the creation of required materials and with Sales and Marketing on product design and implementation process.


• Business Requirement Definition: Work with internal and external partners to create business requirement documentation, product specifications and product outlines for Global Atlantic products.


• Contract Drafting and Filing: Work with internal and external partners on Contract drafting and review. Provide support throughout the filing process.


• Production Support: Work with impacted areas to identify, quantify, and resolve issues for inforce business on all platforms.


• Other duties as assigned.

QUALIFICATIONS

• Education equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required


• 3- 5 years of experience in the Insurance Industry, with focus on roles supporting annuities


• Demonstrated Excel expertise


• Demonstrated strong analytical ability


• Excellent communication skills, verbal and written, for delivery to a variety of audiences


• Ability to understand and interpret technical written material


• High energy level and internal motivation


• Adaptable, can seamlessly maintain effort and focus when priorities change


• Learning mindset, focus on continuous process improvement


• Results-oriented, with ability to execute multiple high-priority items simultaneously


• Detail-oriented, with ability to test complex calculations and spot gaps in current processes


• Ambition and desire to succeed by delivering quality and effective results

This is the expected annual base salary range for this 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 to $125,000

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.