Y Combinator Associate, Actuary
Summary
Associate Actuary in Bermuda builds and analyzes life/annuity liability models, communicates results to stakeholders, and modernizes actuarial processes using Python and Excel.
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.
Global Atlantic is looking for an Associate Actuary to join the Bermuda Actuarial team. This role will be based in our Hamilton, Bermuda office. Along with supporting the quarterly valuation production process, the Associate Actuary will also act as a liaison between Actuarial, IT, Risk, and Finance.
Key Responsibilities
- Involvement in the end-to-end process for Best Estimate Liability (BEL) for the Bermuda Economic Balance Sheet (EBS) framework
- Analyze BEL results and communicate insights clearly
- Perform and interpret stress and sensitivity testing to inform management decision-making
- Contributing to the modernization efforts of the production process
- Prepare clear, comprehensive documentation supporting internal governance, audit, and regulatory reviews
Required & Preferred Qualifications
- 5+ years of experience in the (re)insurance industry
- ASA (or equivalent) actively working toward Fellowship designation, or FSA/equivalent
- Strong understanding of life and annuity products
- Strong technical and communication skills
- Coding language experience required (Python preferred)
- Strong Excel knowledge (Power Query a plus)
- Actuarial modeling software experience a plus (MG ALFA preferred)
The ideal candidate for this role is a motivated, results-oriented person with strong analytical and problem-solving skills. Our ideal candidate:
- Works well under pressure in a fast-paced environment
- Is persistent when developing a solution to a problem
- Balances the dichotomy between working with a high-caliber team and individual production
- Takes ownership of their responsibilities
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 [email protected]. 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 because of your disability. You can request reasonable accommodations by sending an email to [email protected]. 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.