Associate High Yield Credit Analyst - Hybrid

Symetra; Farmington (CT); Hybrid; USD 130,000 - 170,000; Full time

Benefits offered by this job

401(k) match up to 6%

Hybrid telecommuting arrangements

Job summary

Symetra is hiring an Associate High Yield Credit Analyst in Farmington, CT. The role focuses on evaluating company fundamentals, industry trends, and constructing investment theses within the High Yield and Bank Loan space.

You will collaborate with senior analysts and portfolio managers to monitor and rebalance portfolios. The ideal candidate has 1–3 years in credit research or related fields, strong analytical and financial modeling skills, and proficient Excel/PowerPoint/Word abilities.

Qualifications

• BA/BS required; CFA designation a plus.
• 1-3 years of experience in credit or related fields (credit research, equity research, investment banking or private equity).
• Analytical, quantitative and basic financial modeling skills.
• Good communication skills, both written and verbal.
• Detail oriented with strong organizational skills.
• Proficient in Microsoft Excel, PowerPoint and Word; Bloomberg familiarity a plus.

Responsibilities

• Evaluate company fundamentals and industry trends, key operating metrics, business quality, competitive positioning and valuation.
• Develop investment theses and recommendations on single names and monitor portfolios with portfolio managers.
• Identify investment ideas across capital structure on primary and secondary opportunities.
• Write research reports on single names and identify sector trends and outlooks.
• Perform due diligence on corporate borrowers, including analyzing credit agreements and attending management meetings.
• Interact with portfolio managers, traders and other analysts on the team; network with industry peers.

Skills

Analytical

Quantitative

Financial modeling

Communication

Detail oriented

Education

Bachelor's degree

Tools

Bloomberg

Excel

PowerPoint

Word

Job description

Symetra has an exciting opportunity to join our team as an Associate High Yield Credit Analyst !About the roleThe Associate Credit Analyst role requires 1-3 years of experience preferably in credit research, equity research, investment banking or private equity. The Associate Credit Analyst will be an integral member of the High Yield and Bank Loan group in SIM. The team invests in high yield bonds and bank loans. The Associate Credit Analyst will work closely with senior analysts on the team to develop the necessary skillset to perform extensive fundamental credit analysis, and advance to being responsible for single name views and sector coverage on corporate issuers in the US High Yield and Leveraged Loan markets. The ideal candidate is self-motivated, intellectually curious, enjoys aninnovative and collaborative environment, has a basic understanding of investment concepts with excellent analytical, writing, communication and computer skills. CFA is a plus.This is a hybrid work role based in Farmington, Connecticut (2 days in office) .Who we areSymetra Investment Management (“SIM”) is a SEC-registered investment advisory firm with approximately $93.8 billion in assets under management as of June 30, 2026. Symetra Financial Corporation, a diversified financial services company with $77.9 billion in assets as of December 31, 2025, headquartered in Bellevue, Washington. Symetra Financial Corp. is the holding company of Symetra Life Insurance Company, which was founded in 1957. Symetra Life has insurer financial strength ratings of ‘A’ by A.M. Best and Standard & Poor’s and ‘A1’ by Moody’s. Symetra Life is among the top 40 largest life insurance companies in the United States (based on statutory admitted assets as of December 31, 2025) and has approximately 5.5 million customers and over 3,200 employees nationwide.Corporate Parent Company : Sumitomo Life Insurance Company, a mutual life insurance company with head offices in Osaka and Tokyo, Japan. Founded in 1907, Sumitomo is one of the largest life insurance companies in Japan with ¥ 51.6 trillion ($322.6 billion) of assets (March 31, 2026).What you will doEvaluating company fundamentals and industry trends, key operating metrics, business quality, competitive positioning, and valuationDeveloping investment theses and recommendations on single names, working with portfolio managers to monitor and rebalance the portfoliosIdentifying investment ideas across a company’s capital structure on primary and secondary opportunitiesWriting research reports on single names and identifying sector trends and outlooksPerforming due diligence on corporate borrowers including analyzing credit agreements, attending management meetings with corporate borrowers, investment banks and other company stakeholders as requiredTalk directly with members of issuers’ management team as part of due diligence processWork directly with the portfolio managers, trader and other analysts on the team and within the organizationDevelop relationships with sell-side counterparts and network with industry peersWhy work at Symetra“If you want to invest in yourself and build a career, this is a great place to work. If you don't want to put in the effort to learn the industry and become a student of the business (it takes real effort!), there are easier places to work.” Cris H. - AVP Internal Sales, Training and Development“Symetra is inclusive of all employees regardless of their personal differences.” Darrell J. - Actuary III“Symetra values learning. Symetra has so many resources - whether that is the Student of the Business courses, sponsorship of professional certifications, or just individual employees being so willing to teach and answer questions.” Felicia D. - Financial Reporting Lead Senior AnalystWhat we offer youWe 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.Hybrid telecommuting arrangementsPlan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%Give back to your community and double your impact through our company matchingWant more details? Check out our Symetra Benefits OverviewCompensationSalary Range: $130,000 – $170,000 plus eligibility for annual bonus programsWho you areBA/BS required. Open to working toward CFA designationCandidate will have 1-3 years of experience preferably in credit research, equity research, investment banking or private equityAnalytical, quantitative and basic financial modeling skillsGood communication skills, both written and verbalDetail oriented with good organizational skillsExcellent computer skills and proficient in Microsoft Excel, PowerPoint and Word. Familiarity with Bloomberg a plusInterest in and ability to work collaboratively and collegially both within a team and across various teams within a broader investment organizationHigh school diploma requiredThis is a remote role with required travel to the Farmington, CT office twice a weekWe empower inclusionAt 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 freedomSymetra 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/careersWork AuthorizationEmployer 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 VerificationSymetra 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 processWithdrawal of a job offerTermination of employment and other criminal and/or civil remedies, if fraud is discovered