Assistant Vice President, Insurance Treasury & Payments Operations

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.

TEAM SUMMARY:

The Insurance Treasury team sits within KKR's Global Treasury function and supports treasury execution across the insurance platform, with a primary focus on Insurance and close coordination with KKR Treasury globally. The team translates approved business and investment forecasts into funding and liquidity actions, and owns the payments, controls, and banking infrastructure that keep those actions secure, standardized, and scalable. As the team continues to build out its insurance treasury capabilities, it is seeking a high-performing AVP who excels in a fast-paced, deadline-oriented environment and is comfortable owning outcomes with limited day-to-day oversight.

POSITION OVERVIEW:

KKR is seeking an AVP to support Insurance Treasury Operations across its insurance platform. This role blends core treasury execution — cash management, deal funding and FX settlements— with insurance-specific payments operations, including capital calls, reinsurance treaty settlements, policyholder and annuity disbursements, and payment controls. The individual will translate approved forecasts and transaction inputs into funding and liquidity actions, help maintain strong payment controls and banking infrastructure, and act as a day-to-day point of contact for internal and external stakeholders on treasury and payments matters. The ideal candidate combines strong technical treasury knowledge with insurance-industry awareness, sound judgment under time pressure, and the ownership mentality expected of a senior individual contributor who may also mentor junior team members.

RESPONSIBILITIES:

Treasury Operations & Deal Funding

• Execute and coordinate transaction funding across currencies and legal entities — drawdowns, bridge funding, capital calls, distributions, and intercompany flows — partnering with deal teams, Legal, Tax, and Operations on closing readiness and account setup.
• Maintain a recurring view of holding-company and entity-level cash, near-term liquidity, cash buffers, money market fund exposure, banking concentration and instruct internal transfers that optimize yield on uninvested funds.
• Identify and help resolve liquidity mismatches and settlement-timing issues, supporting both immediate fixes and longer-term structural solutions.

Insurance Payments Operations

• Initiate and independently review wire payments, serving as a second-line reviewer on fraud controls.
• Process and oversee insurance payment flows, including reinsurance directives and cash calls, cedent/reinsurer counterparty payments and fund flows.
• Coordinate with third-party administrators (TPAs) on payment instructions, exception handling, and service-level issues.

Controls, Infrastructure & Cross-Platform Coordination

• Support relationships with banks, trustees, and custody providers, and help evaluate service quality, connectivity, payment rails, fees, and settlement options.
• Drive improvements to treasury tools and workflows — including the firm's Treasury Management System (Hazeltree and Kyriba) — and maintain documented, auditable processes that satisfy SOX and audit requirements.
• Partner with Finance, ALM, Risk and Regulatory teams on how insurance balance sheet, statutory and risk-based capital and alternative investment structures to funding and liquidity decisions.
• Act as the day-to-day treasury point of contact between the insurance platform and KKR Treasury, and serve as an informal mentor to analysts, reviewing their work and supporting their development.

QUALIFICATIONS:

• Bachelor's degree with 5-8+ years in Treasury, Payments Operations, or Investment Operations, ideally spanning insurance, asset management, or banking.
• Hands-on experience executing transaction funding and liquidity management across multiple legal entities and currencies; prior experience reviewing junior team members' or outsourced TPA work preferred.
• Working knowledge of insurance balance sheets and statutory/risk-based capital; experience with reinsurance settlements, disbursements, or TPA coordination is a strong plus.
• Fluency in private equity, private credit, or other alternative investment structures and their funding mechanics.
• Proven ability to improve processes through technology, with proficiency in a Treasury Management System (Hazeltree, Kyriba) is a plus.
• Decisive and control-minded under pressure, with sound judgment on liquidity, funding, and payment risk, and comfort handling incident response for payment processing.
• Strong communicator and relationship-builder across Treasury, Finance, Risk, Legal, and outsourced providers; accountable, adaptable self-starter comfortable with periodic early or extended hours around cutoffs and close cycles.
• Comfort using AI-powered tools to improve productivity and quality of work.

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.

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 Benefits@kkr.com. 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 https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to Benefits@kkr.com. 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.