Reinsurance Accounting Associate

KKR; Boston (MA); On-site; USD 90,000 - 140,000; Full time

Job summary

KKR seeks an Associate in Boston to support complex reinsurance accounting processes across the enterprise. You will work within the Insurance Segment Accounting Operations team, partnering with FP&A, Investments Accounting, Bermuda Finance and other stakeholders to ensure accurate reporting and regulatory compliance.

The role emphasizes technical accounting, close process execution, and continuous improvement, with opportunities to contribute to automation and finance transformation initiatives.

Qualifications

• Bachelor's degree required in accounting or related field.
• Certified Public Accountant preferred.
• Big Four experience preferred (associate or higher).
• 4-8 years of related work experience with recent experience in insurance industry.
• Experience with Oracle or SAP accounting systems preferred.
• Advanced Excel skills.
• Demonstrated expertise in GAAP accounting standards and practices.
• Ability to work collaboratively and independently with minimal supervision.
• Excellent attention to detail and ability to meet deadlines.
• Strong written and oral communication skills.

Responsibilities

• Oversee key accounting processes and ensure accurate financial reporting.
• Support regulatory compliance within KKR’s Insurance Segment.
• Coordinate with FP&A, Investments Accounting, Bermuda Finance and other stakeholders.
• Design, implement and facilitate accounting operational processes.
• Analyze financial data to support business decision-making.
• Propose improvements to the operational framework and drive efficiency.
• Perform monthly/quarterly closing procedures, including journal entries, reconciliations, and variance analyses.
• Support treaty administration, settlements, cash movements, and statement validation.
• Review treaty documentation for accuracy against contract terms.
• Maintain standard reinsurance reports for internal management and regulatory use.
• Collaborate with actuarial, finance, and operations teams to align balances and reserves.
• Provide accounting support during onboarding of new transactions.
• Support automation and finance transformation projects.
• Assist with audit requests and maintain control documentation.
• Participate in cross-functional special projects.
• Handle ad-hoc requests and evaluate AI-generated outputs for accuracy.

Skills

Advanced Excel

GAAP accounting

Communication skills

Team collaboration

Analytical thinking

Education

Bachelor's degree in accounting

CPA preferred

Tools

Oracle accounting systems

SAP accounting systems

Job description

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.

TEAM OVERVIEW

KKR's Insurance Segment Accounting Operations team is responsible for producing timely and accurate financial results for our business stakeholder, ensuring strong control environment is supported in our organization and significant transactions are operationalized appropriately from accounting standpoint. We are a group of professionals committed to excellence, timeliness and effective collaboration across the enterprise. Our team works across multiple locations to ensure highest quality of financial results. As such, we work closely across other teams in Finance, Operations and Institutional groups. We prioritize a culture of excellence, grit and collaboration.

POSITION SUMMARY

KKR seeks to recruit an Associate to focus on supporting our complex reinsurance accounting processes across the enterprise. The ideal candidate will bring strong technical accounting skills, continuous improvement focus and ability to multitask. This individual will work effectively within the broader Accounting Operations team, supporting our close process and various projects, as well as collaborate frequently with FP&A, Investments Accounting, Bermuda Finance and other organizational stakeholders.

RESPONSIBILITIES

The Associate Reinsurance Accounting position is responsible for overseeing key accounting processes, ensuring accurate financial reporting, and supporting regulatory compliance within KKR’s Insurance Segment while coordinating with other areas across the organization. This role requires strong knowledge of accounting principles, including statutory accounting and GAAP, standard accounting processes, and SOX control frameworks. This role will provide support to key stakeholders across the organization to design, implement and facilitate accounting operational processes and to analyze financial data to support business decision-making.

• Ensure the processes in place support organizational needs, propose improvements in the operational framework, and drive efficiency initiatives
• Perform monthly and/or quarterly closing procedures, including preparation and posting of reinsurance journal entries, performing account reconciliations and variance analyses.
• Support treaty administration, including settlements, cash movements, and statement validation.
• Assist in reviewing treaty documentation for accuracy against contract terms.
• Maintain standard reinsurance reports for internal management and regulatory use.
• Collaborate with actuarial, finance, and operations teams to ensure alignment on reinsurance balances and reserves.
• Serve as accounting support during onboarding of new transactions.
• Support ongoing automation and finance transformation projects.
• Assist with audit requests and maintain control documentation.
• Participate in special projects with cross-functional impact.
• Assist with ad-hoc requests, as needed
• Comfort using AI-powered tools to improve productivity and quality of work
• Curiosity about and openness to adopting emerging AI technologies in day-to-day workflows
• Ability to critically evaluate AI-generated outputs for accuracy and relevance

QUALIFICATIONS

• Bachelor's degree required in accounting or related field
• Certified Public Accountant preferred
• Big Four experience preferred (associate or higher)
• 4-8 years of related work experience with recent experience in insurance industry
• Experience with Oracle or SAP accounting systems preferred
• Advanced Excel skills
• Demonstrated expertise in GAAP accounting standards and practices
• Ability to work collaboratively and independently with minimal supervision
• Excellent attention to detail and ability to meet deadlines
• Strong written and oral communication skills
• Critical thinking with a strategic mindset

This is the expected annual base salary range for this Boston/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 $90,000 - $140,000

To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.

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.