Actuarial Associate I

Symetra; United States; Hybrid; USD 87,900 - 146,500; Full time

Benefits offered by this job

Flexible hybrid schedule

401(k) with company match

Paid time off including vacations and

Company matching charitable giving

Benefits Overview

Job summary

Symetra is seeking an Actuarial Associate I in our Retirement Actuarial Financial Reporting team to contribute to deferred annuity valuation, STAT/GAAP/Tax reserve setting, and related process improvements. You will conduct monthly, quarterly, and annual valuations, prepare reports, and assist in audits while maintaining the valuation model.

The role offers flexible full-time or hybrid telecommuting options, with a strong emphasis on collaboration and professional growth within a supportive

Qualifications

• Bachelor's degree or equivalent with strong quantitative background including college level mathematics.
• 2 to 4 years of annuity related actuarial experience
• 3 to 5 actuarial exams
• Proven ability to adhere to due dates and strong sense of accountability
• Ability to work collaboratively
• Experience with Python, Snowflake and/or other actuarial modeling software
• High school diploma required

Responsibilities

• Conduct monthly, quarterly, and annually valuation process for deferred annuity products
• Prepare actuarial reports prepared by junior staff and provide timely and comprehensive analysis
• Assist in internal and external audit inquiries
• Maintain and enhance deferred annuity valuation model

Skills

Python

Snowflake

Actuarial modeling software

Education

Bachelor's degree

Job description

Symetra has an exciting opportunity to join our growing team as an Actuarial Associate I!

About the role

The Retirement Actuarial Financial Reporting team is looking for an actuary to join the team! We are seeking an actuarial associate II to conduct our annuity financial reporting work. This position will play a key role in our deferred annuity products STAT/GAAP/Tax reserve setting, and other process enhancement project as needed.

What you will do

• Conduct monthly, quarterly, and annually valuation process for deferred annuity products
• Prepare actuarial reports prepared by junior staff and provide timely and comprehensive analysis
• Assist in internal and external audit inquiries
• Maintain and enhance deferred annuity valuation model

Why work at Symetra

"I feel welcome and included at Symetra every day and I really believe you can be you at Symetra." - Megan H., Deputy Chief Compliance Officer

"I am grateful to be here and I know how blessed I am to work for a company that truly cares about me as a person" - Nancy R., Sr. Investment Fund Analyst

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

• Bachelors degree or equivalent with strong quantitative background including college level mathematics.
• 2 to 4 years of annuity related actuarial experience
• 3 to 5 actuarial exams
• Proven ability to adhere to due dates and strong sense of accountability
• Ability to work collaboratively
• Experience with Python, Snowflake and/or other actuarial modeling software
• High school diploma required

We empower inclusion

At Symetra, we aspire to be the most inclusive insurance company in the country. We're building a place where every employee feels valued, respected, and has opportunities to contribute.

Inclusion is about recognizing our assumptions, considering multiple perspective, and removing barriers. We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our efforts here.

Creating a world where more people have access to financial freedom

Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we're guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they're buying, and we design products--and operate our company--to stand the test of time. We're committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom.

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.

Remote Network Minimum Requirements

Please review Symetra's Remote Network Minimum Requirements:

• 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.

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.

• Disqualification from the recruitment process
• Withdrawal of a job offer
• Termination of employment and other criminal and/or civil remedies, if fraud is discovered