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 SUMMARY
The position is on the Actuarial Valuation team at Global Atlantic’s Boston office. The AVP candidate will lead the valuation and financial reporting for the Variable Annuities blocks of business.
RESPONSIBILITIES
- Lead and manage the Variable Annuities valuation team for all financial reporting related activities.
- Calculate US GAAP, Statutory, Tax reserves, and other actuarial balances.
- Provide analysis, including reserve movement and sensitivities, for both Statutory and GAAP balances.
- Analyze and explain the sources of earnings of the quarterly financial results.
- Conduct annual impact testing for potential assumption changes.
- Work with the Modeling team for any necessary modeling updates.
- Collaborate with IT and the data team on valuation system updates or enhancements.
- Maintain and improve various controls, including Sarbanes-Oxley (SOX).
- Support audit and regulatory requests.
QUALIFICATIONS
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields.
- FSA designation with 10+ years of experience in the life and annuity insurance industry.
- Strong knowledge of variable annuities products.
- Experience with US Statutory and GAAP valuation is preferred.
- Strong communication, technical, and analytical skills.
- Self-starter and quick learner, being able to solve complex issues independently.
- Has a positive attitude and excels in collaborating across teams.
- Ownership, adaptive and self-motivated.
This is the expected annual base salary range for this Boston-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 $140,000 - $180,000
“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 Benefits@kkr.com. 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 Benefits@kkr.com. 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.
