Actuarial Associate, Insurance Risk Modeling
Careers at KKR
| Company | Careers at KKR |
| Category | Finance |
| Location | New York |
| Remote | On-site (inferred) |
| Employment | Not stated |
| Level | Not stated |
| Salary | Not stated by the employer |
| Posted | 20 Jul 2026 |
| Last verified | 12 Aug 2026 |
| Source | Employer ATS (greenhouse) |
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. Actuarial Associate, Insurance Risk Modeling
Build the models that move the business
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.
What makes this role different
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.
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.
AI is going to be central in what you do. It is already elevating everything the team does and you will be asked to explore and integrate with AI with your daily work in every way possible.
What you'll do
Develop and enhance insurance liability models in KKR Insurance Risk's liability modeling platform.
Perform liability stresses under multiple lenses (GAAP / Stat / Econ / Bermuda), building a deep understanding of both actuarial and market risk.
Onboard institutional transactions onto the Risk platform.
Support new product launches and keep risk models current with rate changes and new product features
Run validation and control reviews of actuarial and financial models, including critical assessment of the methodologies and assumptions behind them
Build quantitative models and analytical tools that empower Risk to provide constructive challenges to current risk management, modeling, and pricing practices
Communicate findings and their implications clearly to Risk's leadership and business stakeholders
What you'll bring
Bachelor's degree in quantitative disciplines
4 to 5+ years in a diversified life and annuity / financial or actuarial consulting environment
4 to 5+ years modeling insurance products, with a proven track record on complex products, ideally with MG-ALFA/Pathwise/PolySystem experiences.
Clear, compelling communication skills, especially when translating technical concepts for both technical and non-technical audiences
Nice to have:
Professional designation such as FSA / ASA or CFA
Working knowledge of life and annuity products