Actuary Associate II - Remote

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

Benefits offered by this job

401(k) plan with matching

Paid vacation and sick time

Flexible working arrangements

Job summary

A national financial services company is seeking an Actuarial Associate II in the United States. This role involves running the valuation model for fixed indexed annuities and performing analyses to support business insights. Candidates must have a Bachelor’s degree in a quantitative field, 2 to 6 years of experience, and have passed 3 to 5 actuarial exams. The company offers flexible work arrangements, a competitive compensation package, and a commitment to diversity and inclusion.

Qualifications

• 2 to 6 years of annuity related actuarial experience.
• 3 to 5 passed actuarial exams.
• Proven understanding of annuity products.

Responsibilities

• Run monthly fixed indexed annuity valuation model.
• Assist with product development and financial reporting.
• Perform analyses to support business insights.

Skills

Analytical skills

Collaborative skills

Ability to meet deadlines

Education

Bachelor's degree in a quantitative field

High school diploma

Tools

Python

SQL/Snowflake

Job description

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

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 indepth 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.

Why work at Symetra

"Symetra will spoil you. There aren't many companies that will put as much effort into you being a success as Symetra. The culture will challenge you but simultaneously put you at ease. Failure is seen as integral to the learning process so there is less reason to be fearful of it." - Kerry S., Sr. Systems Analyst

"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

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.

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: https://symetra.eightfold.ai/careers

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