Actuarial Associate I - Remote

Symetra Financial Corporation; Bellevue (WA); Hybrid; USD 100,152,000 - 166,827,000; Full time

Benefits offered by this job

Remote work option

401k matching

Paid time away

Company matching

Job summary

Symetra Financial Corporation is seeking an Actuarial Associate I to contribute to in-force modeling and regulatory reporting for SBSC. The role involves building model outputs, enhancing reporting tools, and supporting modernization efforts under the supervision of the Production Lead.

Qualifications include a degree in actuarial related fields and actuarial exams, plus familiarity with Python, SQL, and MG-ALFA/MG-Integrate.

Qualifications

• Bachelor's degree in actuarial science, finance, mathematics, or related technical field required.

Responsibilities

• Quarterly and annual regulatory reporting, including model bridging runs, BEL calculations, and BEL waterfall
• Develop and maintain process documentation for reporting & modeling
• Assist with sensitivity analyses and stress testing across regulatory reports
• Support continuous improvement of modeling processes and tools
• Communicate findings clearly to management and stakeholders

Skills

Python

SQL

Power BI

Power Query

MG-ALFA

MG-Integrate

AI coding tools

Actuarial Student track

Education

Bachelor's degree in actuarial science, finance, mathematics, or related technical field

Actuarial Student track with at least one exam passed

Tools

MG-ALFA

MG-Integrate

Job description

You may have seen in the media that job posting scams are on the rise. Symetra is committed to creating a positive candidate experience without putting you at risk. As such, applications for our open job postings are only collected through our secure career site and we are transparent about our. We also do not send funds to candidates or request funds from candidates, via check or otherwise. If you experience something different than what we outline in our process or would like to report suspicious activity, please contact us.- Relevant skills and experience will be listed so you know why those jobs are a match## Job DescriptionSymetra has an exciting opportunity to join our team as an **Actuarial Associate I**!**About the role**The Production Associate contributes to Symetra Bermuda Servicing Company's ("SBSC's" or "the company's") in force modeling processes and procedures. Reporting to the Production Lead, this person will create SBSC model outputs for a wide range of regulatory reporting. This person will contribute to the success of the company's modeling initiatives through developing expertise on the model and regulatory requirements, modernization of the reporting tools utilized, and improvement initiatives for the overall reporting processes.**What you will do*** Quarterly and annual regulatory reporting, including but not limited to:+ Quarterly model bridging runs+ Final reported BEL+ BEL waterfall runs+ Quarterly BEL sensitivities and stresses+ Annual CISSA stresses+ Annual Schedule V(e) stresses* Annual plan, plan updates, and sensitivities* Annual ORSA stresses* Annual unlocking runs and sensitivities* Develop and maintain process documentation* Implementing improvements to reporting and to the modeling processes**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**Compensation**Hourly Range: $72,700 - $121,100 plus eligibility for annual bonus programs**Who you are*** Bachelor's degree in actuarial science, finance, mathematics, or related technical field required.* Proficient in PC utilization including spreadsheets and data management software.* Demonstrated analytical abilities, problem solving, and analysis.* Committed to self-development and learning actuarial concepts.* Experience with common coding and visual software, such as Python, SQL, Power BI, and Power Query.* Experience with modeling software, with emphasis on MG-ALFA / MG-Integrate modeling.* Experience with AI coding tools a plus.* Effective communication with manager required.* Actuarial Student track with at least one exam passed. Prior to attaining actuarial designations.* Entry-level or up to 3 years of insurance related actuarial experience.* 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.For more information about our careers visit:**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 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### Popular Skills of Previous Hires* Actuarial Science* Analysis### Years of Experience of previous hires<2 - 20%2.000002-4 - 30%3.000004-8 - 40%4.000008+ - 10%1.00000### Job titles of previous hiresActuarial AssociateActuary AssociateActuary InternActuary I - Workforce Benefits Valuation - RemoteUSAACTU ActuarialRemote## Perks and Benefits### Paid Time Away### Benefits### 401k### Remote WorkAlmost all our jobs have the option to work from home### Company MatchingGive back to your community and double your impact