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Galileo Financial Technologies — Boston, Massachusetts
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 examinati