Treasury Operations Assistant Vice President - Insurance Payment Operations

KKR & Co Inc

Boston, MA

JOB DETAILS
SALARY
$120,000–$160,000 Per Year
SKILLS
Analysis Skills, Asset Management, Automation, Banking Services, Capital Markets, Communication Skills, Entrepreneurship, Financial Control, Financial Management, Financial Operations, Hedge Funds, Insurance, Interpersonal Skills, Investment Funds, Legal, Liquidity, Materials Management, Microsoft Excel, Microsoft Visio, Multitasking, Patient Follow-up, Problem Solving Skills, Process Improvement, Product Management, Reinsurance, Sarbanes-Oxley Act (SOX), Tableau, Variance Analysis
LOCATION
Boston, MA
POSTED
30+ days ago

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. KKRs insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKRs investments may include the activities of its sponsored funds and insurance subsidiaries.

POSITION OVERVIEW 

The Assistant Vice President will support a wide range of Treasury Operations functions for the insurance business.  The successful candidate must manage responsibilities in a fast-paced environment for multiple legal entities while supporting initiatives to enhance the existing functions to meet the rapidly changing needs of the business.

   Manage and develop payment controls for daily processing and straight through processing.

   Approve internal fundings and external payments to third parties

   Expand connectivity between TMS and  banking partners

   Oversee third party servicers banking capabilities

   Develop and maintain centralized processes to handle reporting initiatives including ad hoc requests

   Participate in company-wide initiatives/projects to improve processes and infrastructure including workflow automation, liquidity reporting, and variance analysis 

   Prepare and present materials to Senior Management and external counterparties

QUALIFICATIONS

   Undergraduate degree required with a minimum of 7 years work experience in a Treasury or Financial Operations Role

   Knowledge of treasury systems (i.e. Kyriba or other banking platforms) is required

   Proficiency with Microsoft Excel and Visio

   Proactively addresses issues that may impact outcome of initiatives

   Prior experience implementing financial controls in compliance with SOX a strong plus

   Prior experience with Tableau a strong plus 

   Prior experience in insurance industry a strong plus

   Strong analytical and problem solving skills

   Ability to multi-task and manage multiple responsibilities 

   Ability to identify, communicate, and resolve key issues 

   Positive attitude even when faced with difficult obstacles, issues or challenges

   Excellent communication and interpersonal skills 

   Commercial mind set with an entrepreneurial spirit

 

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

$120,000-$160,000 USD

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.

About the Company

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KKR & Co Inc