2027 Summer Analyst Program - Actuarial (Des Moines)
KKR · Des Moines, IA · 1 mo ago
Finance$70k–$75k/yrVolunteer
Responsibilities
- Calculate US Statutory, Tax, and GAAP reserves
- Provide analysis for both statutory and GAAP balances and earnings impacts
- Aid in the onboarding of new reinsurance deals
- Conduct annual impact testing for potential assumption changes
- Support audit and regulatory requests
- Support the development and maintenance of the ALFA and Integrate actuarial models
- Identify and implement process improvements, including developing macros/scripts (e.g., in Python or VBA), leveraging AI coding assistants, and enhancing file formats, documentation (e.g., Markdown), and workflows to improve efficiency and accuracy
Qualifications
- Anticipated graduation date from an undergraduate program in December 2027 - June 2028
- Area of study in Actuarial Science, Mathematics, Statistics, or related field
- Completion of at least one Society of Actuaries exam required
- Demonstrated skills in Microsoft Office, particularly Excel
- Coding experience in Python or other modern programming languages preferred (VBA experience also valued)
- Experience using AI coding assistants (e.g., Claude Code, GitHub Copilot, Cursor) to accelerate development and debugging
- Comfort writing and maintaining documentation in Markdown
- Exposure to machine learning concepts, including reinforcement learning techniques, is a plus
Benefits
- 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 $70,000—$75,000 USD
Pay
- 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 $70,000—$75,000 USD
Schedule
- The role will differ slightly across teams, but Actuarial Summer Analysts will gain experience in modeling and/or valuation through working both independently and with Actuarial team members.
- Following the conclusion of the internship, 2028 full-time offers may be extended to exceptional performers.