Actuarial Analyst, Institutional Business

KKR · enterprise

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions.

Bermuda Posted 2mo ago alternative asset managementprivate equitycredit

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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

This role supports the execution, enhancement, and governance of the Economic Balance Sheet (EBS) process for a growing (re)insurance platform. The position sits at the intersection of actuarial modeling, financial reporting, controls, and process improvement, with direct exposure to Bermuda-based actuarial teams, auditors, and regulators. The individual will contribute to quarterly and annual EBS production, analyze and explain model results, onboard new reinsurance transactions, and help strengthen the control framework around the EBS process.

Success in this role requires strong technical fundamentals, intellectual curiosity, and a hands-on mindset. The ideal candidate is early in their actuarial career, actively pursuing ASA designation, and eager to deepen their understanding of life and annuity products, actuarial models, and regulatory expectations. This is a high-visibility role for someone who takes ownership, works well under pressure, and is motivated by both individual contribution and collaboration within a high-performing team.

Responsibilities

Assist with performing annual and quarterly EBS processes
Work with Bermuda actuarial team to analyze and explain model results for base and sensitivity/stress runs
Process improvement – building tools to streamline the EBS process.
Assist with the development of internal controls over the EBS process
Producing process and control documentation for internal and audit reference
Executing validation and UAT procedures on changes to EBS process
Onboarding new reinsurance deals into EBS process
Preparing documentation and support for audit and regulatory requests

Qualifications

1-3 years experience in the life (re)insurance or annuity industry required
ASA (or equivalent) or actively working toward Associate designation
SOX control and compliance experience preferred
Strong technical and communication skills
Strong Excel knowledge (Power Query a plus)
Coding language experience a plus (Python preferred)
Actuarial modeling software experience a plus (MG ALFA preferred)
Works well under pressure in a fast-paced environment
Is persistent when developing a solution to a problem
Balances the dichotomy between working with a high-caliber team and individual production
Takes ownership of their responsibilities
Thrives in an environment that prioritizes open and honest communication and feedback.

This is the expected annual base salary range for this Bermuda-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 $85,000 - $100,000

#LI-KS1

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 [email protected]. 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 [email protected]. 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.

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