Symetra Financial

Actuary Associate II - Remote

Symetra Financial$87K — $146K *
US-AnywhereRemote in United States
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with a strong quantitative background
  • 2 to 6 years of actuarial experience specific to annuity products
  • Passed 3 to 5 actuarial exams
  • Strong accountability and ability to meet deadlines
  • Basic understanding of annuity products
  • Collaborative team player
  • Preferred skills in Python, SQL/Snowflake, or actuarial modeling software

Responsibilities

  • Run the monthly fixed indexed annuity valuation model
  • Ensure accurate and timely financial results
  • Develop and implement enhancements to existing models
  • Conduct in-depth analyses to support business insights
  • Assist with product development and financial reporting
  • Prepare reports and maintain actuarial databases and software

Benefits

  • Flexible full-time or hybrid telecommuting arrangements
  • 401(k) plan with immediate vesting and up to 6% company match
  • Paid time away including vacation, sick days, and holidays
  • Community engagement with company matching for donations
  • Comprehensive Symetra Benefits Overview available for more details
Full Job Description
About the Role

This role is responsible for running the monthly fixed indexed annuity valuation model, ensuring timely and accurate financial results. The actuary will also develop and implement model enhancements and perform in-depth analyses to support business insights and process improvements.

What you will do
  • Assists with product development, financial reporting, management reporting, experience studies, and actuarial research.
  • May prepare reports, maintain spreadsheets, databases, and other actuarial software.
  • Commitment to self development, attaining industry knowledge, and passing actuarial exams to achieve actuarial designation.

What we offer you

We don't take a "one-size-fits-all" approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.
  • Flexible full-time or hybrid telecommuting arrangements
  • Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
  • Paid time away including vacation and sick time, flex days and ten paid holidays
  • Give back to your community and double your impact through our company matching
  • Want more details? Check out our Symetra Benefits Overview


Compensation

Salary Range: $87,900 - $146,500 plus eligibility for annual bonus programs

Who you are
  • Bachelor's degree or equivalent with strong quantitative background including college level mathematics.
  • 2 to 6 years of annuity related actuarial experience.
  • 3 to 5 actuarial exams.
  • Proven ability to adhere to due dates and strong sense of accountability.
  • Has a basic understanding of annuity products.
  • Ability to work collaboratively.
  • Preferred experience with Python, SQL/Snowflake and or other actuarial modeling software.
  • High school diploma required.


Work Authorization
Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.

Please review Symetra's Remote Network Minimum Requirements:

As a remote-first organization committed to providing a positive experience for both employees and customers, Symetra has the following standards for employees' internet connection:
  • Minimum Internet Speed:100 Mbps download and 20 Mbps upload, in alignment with the FCC's definition of "broadband."
  • Internet Type:Fiber, Cable (e.g., Comcast, Spectrum), or DSL.
  • Not Permissible:Satellite (e.g., Starlink), cellular broadband (hotspot or otherwise), any other wireless technology, or wired dial-up.

When applying to jobs at Symetra you'll be asked to test your internet speed and confirm that your internet connection meets or exceeds Symetra's standard as outlined above.

Identity Verification

Symetra is committed to fair and secure hiring practices. For all roles, candidates will be required (after the initial phone screen) to be on video for all interviews. Symetra will take affirmative steps at key points in the process to verify that a candidate is not seeking employment fraudulently, e.g. through use of a false identity.

Failure to comply with verification procedures may result in:
  • Disqualification from the recruitment process
  • Withdrawal of a job offer
  • Termination of employment and other criminal and/or civil remedies, if fraud is discovered

About Symetra Financial

Symetra Financial Corporation is a diversified financial services company based in Bellevue, Washington. The company provides retirement plans, employee benefits, annuities, and life insurance through a national network of benefit consultants, financial institutions, and independent agents and advisors. Symetra was founded in 1957 and became a subsidiary of Sumitomo Life Insurance Company in 2016. The company is publicly traded on the New York Stock Exchange under the ticker symbol SYA. As of December 31, 2020, Symetra had $63.6 billion in assets under management and administration.
Learn more about Symetra Financial
Size
2,400 employees
Industry
Founded
1957

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