Actuarial Associate, Insurance Risk Modelingย
Build the models that move the businessย
If you love being hands-on with models - architecting them, breaking them, stress-testing them, and making them better - this role is built for you. As an Actuarial Associate on GA Risk's modelling team, you'll spend your days deep in the mechanics of insurance liability models that drive real decisions: how products are priced, how billions in liabilities are valued, how risk is hedged, and how the firm manages its balance sheet. You'll own models end to end and see your work shape live pricing and risk decisions.ย
What makes this role differentย
You won't be maintaining someone else's black box. You'll be developing and enhancing liability models directly in our risk platform, running stresses across GAAP, Stat, Econ, and Bermuda lenses to understand how liabilities behave under pressure, and building the analytical tools that let Risk challenge the status quo on modeling and pricing.ย ย
You'll also sit close to the action. As new products launch and institutional transactions come onboard, you'll be the one bringing them onto the platform - which means you'll understand the full picture of both actuarial and market risk, not just a narrow slice of it.ย
AI is going to be central inย what you do.ย It is already elevating everything the team does and you will be asked to explore and integrate with AI with your dailyย workย inย every way possible.ย ย ย
What you'll doย
- Develop and enhance insurance liability models inย KKR Insuranceย Risk's liability modeling platform.ย
- Perform liability stresses under multiple lenses (GAAP / Stat / Econ / Bermuda), building a deep understanding of both actuarial and market risk.ย
- Onboard institutional transactions onto the Risk platform.ย
- Support new product launches and keep risk models current with rate changes and new product featuresย
- Run validation and control reviews of actuarial and financial models, including critical assessment of the methodologies and assumptions behind themย
- Build quantitative models and analytical tools that empower Risk to provide constructiveย challengesย to current risk management, modeling, and pricing practicesย
- Communicate findings and their implications clearly to Risk's leadership and business stakeholdersย
What you'll bringย
- Bachelor's degree inย quantitativeย disciplinesย
- 4 to 5+ years in a diversified life and annuity / financial or actuarial consulting environmentย
- 4 to 5+ years modeling insurance products, with a proven track record on complex products, ideally with MG-ALFA/Pathwise/PolySystemย experiences.ย ย
- Clear, compelling communication skills, especially when translating technical concepts for both technical and non-technical audiencesย
Nice to have:ย
- Professional designation such as FSA / ASA or CFAย
- Working knowledge of life and annuity productsย
- Prior hedging or ALM experienceย
- Strong Python skills - highly desired.ย ย
This role is not eligible for visaย sponsorship now or in the future.ย
This is the expected annual base salary range for this New York-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 $120,000 - $130,000ย
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