Senior Analyst - Actuarial Financial Reporting

KKR

$75K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of actuarial experience in the life insurance and retirement industry
  • Familiarity with annuity or life insurance products; US Statutory and GAAP valuation preferred
  • Actuarial software experience is advantageous
  • Strong communication, technical, and analytical skills
  • Accountable for achieving goals and objectives
  • Ability to generate innovative ideas
  • Positive attitude and team spirit
  • Financial forecasting and analysis experience is a plus

Responsibilities

  • Calculate US Statutory, Tax, and GAAP reserves
  • Provide analysis and sensitivities for statutory and GAAP balances
  • Maintain and improve controls, including Sarbanes-Oxley compliance
  • Conduct annual impact testing for potential assumption changes
  • Collaborate with the Model Development team on modeling updates
  • Work with IT and data teams on transformation projects
  • Support Asset Adequacy Analysis
  • Assist with audit and regulatory requests

Benefits

  • Discretionary bonus eligibility based on performance
Full Job Description
POSITION OVERVIEW

This position, located in the Boston, MA office, will support the valuation and financial reporting of reinsured fixed annuity blocks. The candidate will work with the valuation team in both the reporting and analysis/review of the business.

RESPONSIBILITIES
  • Calculating US Statutory, Tax, US GAAP reserves, and other related actuarial balances
  • Providing analysis, including sensitivities, for both statutory and GAAP balances and earnings impacts
  • Maintaining and improving various controls, including Sarbanes-Oxley (SOX)
  • Conducting annual impact testing for potential assumption changes
  • Working with the Model Development team related to any necessary modeling updates
  • Working with IT and data team on ongoing transformation projects
  • Supporting Asset Adequacy Analysis
  • Supporting audit and regulatory requests

QUALIFICATIONS
  • 2+ years of actuarial experience in the life insurance and retirement industry
  • Knowledge of annuity or life insurance products and/or background in life and annuity. US Statutory and GAAP valuation preferred
  • Experience with actuarial software is a plus
  • Strong communication, technical, and analytical skills
  • Takes personal accountability for the execution of goals and objectives.
  • Able to participate in the generation of new and unique ideas.
  • Has positive attitude necessary to be part of a strong performing team
  • Experience with financial forecasting and analysis is a plus


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 - $110,000

"To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time."

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