Associate, Valuation

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 position will support the valuation and financial reporting of the Life Insurance blocks. The candidate will work with the valuation team in both the reporting and analysis/review of the business. Senior Analyst or Associate level position based on prior experience. This role can be located in Boston, MA or Hartford, CT office.

RESPONSIBILITIES
Key responsibilities of the role include:
•    Calculating US Statutory, Tax, US GAAP reserves, and other related actuarial balances.
•    Providing analysis, including reserve movement and sensitivities, for both Statutory and GAAP balances.
•    Analyzing and explaining the sources of earnings of the quarterly financial results.
•    Maintaining and improving various controls, including Sarbanes-Oxley (SOX).
•    Conducting annual impact testing for potential assumption changes.
•    Working with the Modeling team related to any necessary modeling updates.
•    Working with IT and data team on valuation system transformation.
•    Supporting audit and regulatory requests.