STAGE (stage.in)

STAGE (stage.in)

Senior Analyst, Annuity Product Development

Des Moines; Hartford; New York, New York, United States · Senior

Sponsorship not specified$75k-$100kDetected 26 days ago
ResearchCommunicationCollaborationActuarial Science

About the role

  • 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's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group.

Responsibilities

  • Perform timely research, development, and robust product pricing of new solutions.
  • Use MG-ALFA or other modeling actuarial projection software to develop disciplined, robust pricing models and risks analysis for new product design ideas and modifications to current products.
  • Implement best practices in pricing methods, automation, organization, and documentation to improve overall efficiency and quality of product development efforts.
  • Collaborate with the Product Implementation team during the implementation of new products.
  • Collaborate with the Pricing team to set rates on new products and effectively incorporate new products into the product management processes.
  • Support product development needs related to state & prospectus filing, admin system testing, operations, marketing, and sales illustration.
  • Support product approval by ensuring product risks are mitigated and documented.
  • Develop and maintain industry knowledge including economic, regulatory, and competitive environments to support development of new products.
  • KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds.
  • The successful candidate will also collaborate with KKR to enhance our combined capabilities to design and launch new solutions to the marketplace.

Requirements

  • Analytical Skills - Possess strong analytical skills necessary to price products, ability to trouble-shoot and work to find solutions independently.
  • Must be able to travel occasionally to other offices (i.e. Des Moines, Hartford, New York, Wayne (PA))
  • Bachelor's degree (or higher) in Actuarial Science and two years of experience in the annuity/life insurance industry is preferred, product development experience a plus
  • Ownership - Takes personal accountability for the execution of their goals and objectives. Strong organization and delivery of results.
  • Innovative - Able to participate in the generation of new and unique ideas. Forward thinking and tenacious. Flexible in navigating changing business environments.
  • Communication - Able to communicate effectively - verbal, written and listening.
  • Teamwork - Has positive attitude necessary to be part of a strong performing team. Strong interpersonal skills for relationship building and engagement.
  • 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
  • $75,000 - $100,000 USD
  • This is the expected annual base salary range for this Connecticut-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.

Nice to have

  • Successfully completed 2+ actuarial exams, Actuarial Mathematics exam(s) strongly preferred
  • Prior experience with actuarial software considered a plus
  • Prior annuity product development experience considered a plus

Compensation

  • $75,000 - $100,000 USD
  • This is the expected annual base salary range for this Connecticut-based position.
  • Actual salaries may vary based on factors, such as skill, experience, and qualification for the role.
  • This is the expected annual base salary range for this Iowa-based position.
  • KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws.
  • Emails sent for unrelated issues, such as following up on an application, will not receive a response.

Benefits

  • Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
  • You can request reasonable accommodations by sending an email to Benefits@kkr.com.

Equal opportunity

  • KKR is an equal opportunity employer.
  • Individuals seeking an accommodation for the application or interview process should email Benefits@kkr.com.

This listing is sourced directly from STAGE (stage.in)'s careers page and normalized into a canonical job model.