Regulatory Financial Reporting Actuary

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 Overview

KKR is seeking an experienced Regulat ory Financial Reporting Actuary to lead regulatory communications for our insurance entities and serve as the Appointed Actuary for several legal entities . This role will be responsible for providing actuarial opinions on reserves, ensuring regulatory compliance, and supporting strategic decision-making across KKR's insurance platform. The Regulated Financial Reporting Actuary will work closely with investment teams, risk management, finance, and external regulators to maintain the financial integrity and solvency of our insurance operations.

Key Responsibilities

Regulatory & Compliance

Serve as the Regulated Financial Reporting Actuary for designated insurance entities in accordance with state insurance regulations

Prepare and sign the annual Statement of Actuarial Opinion (SAO) on reserves

Complete the Actuarial Opinion Summary (AOS) and supporting documentation for statutory filings

Ensure compliance with National Association of Insurance Commissioners (NAIC) requirements and applicable state insurance laws

Coordinate with external auditors and regulatory examiners during reviews and examinations

Reserve Analysis & Valuation

Oversee the development, review, and certification of reserves

Evaluate reserve adequacy using multiple actuarial methodologies and perform sensitivity analyses

Assess the reasonableness of assumptions underlying reserve estimates

Monitor emerging trends and their impact on reserve positions

Review and opine on reserves for acquisitions, reinsurance transactions, and new business initiatives

Strategic Support & Risk Management

Provide actuarial expertise to support underwriting strategy, pricing, and portfolio management decisions

Collaborate with investment teams on insurance M&A transactions and due diligence

Assess capital adequacy and solvency positions under various stress scenarios

Support enterprise risk management initiatives and ORSA (Own Risk and Solvency Assessment) processes

Advise senior leadership on actuarial implications of strategic initiatives, while staying ahead of emerging regulatory changes and leading their implementation across the platform

Reporting & Communication

Present reserve analyses and actuarial findings to senior management, Board committees, and regulators

Prepare technical memoranda documenting actuarial methods, assumptions, and conclusions

Communicate complex actuarial concepts to non-technical stakeholders

Maintain comprehensive actuarial files and documentation in accordance with professional standards

Required Qualifications

Education & Credentials

Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or related quantitative field

Fellow of the Society of Actuaries (FSA) required

Member in good standing of the American Academy of Actuaries (MAAA)

Must meet qualification standards to sign Statements of Actuarial Opinion under NAIC regulations

Experience

Minimum 10+ years of actuarial experience in life insurance

5+ years of experience in a reserve analysis or Regulated Financial Reporting Actuary role

Prior experience serving as Regulated Financial Reporting Actuary or Qualified Actuary for insurance entities strongly preferred

Experience with insurance regulatory examinations and interactions with state insurance departments

Background in insurance M&A, reinsurance, or alternative risk transfer is a plus

Technical Skills

Deep expertise in actuarial reserving methodologies, including statutory reserving methodologies for life and annuity

Experience with reinsurance structures and financial modeling

Strong understanding of statutory accounting principles (SAP) and GAAP

Knowledge of insurance regulatory frameworks and solvency requirements (RBC, ORSA)

Professional Competencies

Exceptional analytical and problem-solving skills with attention to detail

Strong written and verbal communication skills; ability to explain technical concepts to diverse audiences

Sound professional judgment and ability to work independently

High ethical standards and commitment to actuarial professionalism

Ability to manage multiple priorities and meet regulatory deadlines

Preferred Qualifications

Proficiency with data analytics tools (SQL, R, Python)

Experience in private equity-owned or alternative capital insurance platforms

Familiarity with run-off insurance operations or legacy liability portfolios

Knowledge of international insurance regulations (e.g., Solvency II, Bermuda regulatory framework)

Location

Boston, MA; Des Moines, IA; or New York, NY

#LI-ONSITE 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 $225,000 — $275,000 USD

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 $225,000 — $275,000 USD

This is the expected annual base salary range for this Iowa-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 $225,000 — $275,000 USD

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.