Director, Sr. Derivatives Analyst & Trader - Hybrid

Symetra; United States; Hybrid; USD 194,000 - 262,000; Full time

Benefits offered by this job

401(k) plan with immediate vesting

Self-Managed Time Away

Company matching in charitable giving

Job summary

Symetra is seeking a candidate with expertise in derivatives execution to manage trades and provide analytical support. The role involves working in the derivatives front office, utilizing quantitative skills to enhance trading strategies and manage risk effectively.

Located in Farmington, Connecticut, this hybrid position offers a salary range of $194,000 to $262,000, including eligibility for bonuses and long-term incentives. The ideal candidate will have 8+ years of relevant experience in an insurance or asset management context.

Qualifications

• 8+ years of derivatives trading and analysis experience required.
• Experience within insurance companies or asset management firms.
• Ability to handle multiple trade requests and work under pressure.

Responsibilities

• Execute and manage derivative trades across various markets.
• Conduct analytical work on assets and insurance liabilities.
• Develop tools for reporting and risk analysis.

Skills

Quantitative analysis

Risk exposure analysis

Advanced spreadsheet skills

Coding skills

Derivatives pricing

Education

Degree in computer science, mathematics, engineering or operations research

Tools

PowerBI

SQL

Financial/statistical software

Job description

About the Role

The successful candidate will have detailed derivatives execution expertise with responsibilities across trading, analytical, and quantitative functions within the derivatives front office of the investment management department. The role requires identification, execution, and daily management of derivative trades in accordance with approved programs; analytical work on the underlying portfolio of assets and liabilities; ad‑hoc and daily risk and P\/L attribution; and coding to support trading/risk analysis, trading tools/utilities development, process automation, and reporting.

Location & Work Style

This is a hybrid work role based in Farmington, Connecticut.

What you will do

• Execute derivative trades in cleared and bilateral markets using exchange‑listed and over‑the‑counter instruments across equity, rates, credit, commodity, and FX derivatives; review and execute trade confirmations; interface with Operations on trade lifecycle tasks including collateral management, booking, reconciliation, and settlement.
• Conduct analytical work on derivative assets and insurance liabilities, including pricing, modeling prototypes, Greeks/risk exposure analysis, new product feature analysis, and coordination with insurance lines and investment desks.
• Develop and maintain tools and processes for reporting, including P\/L attribution, risk reporting, scenario analysis, and transaction cost analysis; use PowerBI, SQL, and financial/statistical software to support trading/risk/P\/L analysis and trading tool development.

Who you are

• Highly quantitative educational credentials in a quantitative discipline such as computer science, mathematics, engineering, or operations research.
• 8+ years of hands‑on derivatives trading and analysis experience in hedging and/or the derivatives markets within an insurance company or asset management firm.
• Ability to handle multiple trade requests simultaneously and multi‑task in a fast‑paced environment.
• Well organized, independent, entrepreneurial, and self‑motivated with a strong work ethic and composure under pressure.
• Attention to detail in trade execution and the ability to balance project work and trading responsibilities.
• Advanced spreadsheet and coding skills, emphasizing efficient automation for quantitative trading and portfolio management tools.
• Sound understanding of derivatives pricing and hedging, including risk‑neutral valuation and option pricing techniques.
• Direct familiarity with index‑linked insurance products, indexed and/or variable annuity hedging programs, equity index options, and derivative collateralization regimes is preferred.

Compensation

Salary Range: $194,000 – $262,000, plus eligibility for an annual bonus program and long‑term incentives.

Benefits

• 401(k) plan with immediate vesting and company matching up to 6%
• Self‑Managed Time Away and paid holidays
• Company matching in charitable giving to double community impact
• Additional benefits detailed in the Symetra Benefits Overview

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 the time of hire and must maintain authorization throughout employment.