Remote Actuarial Associate III — ICS Reporting

Symetra; United States; Hybrid; USD 97,000 - 161,000; Full time

Benefits offered by this job

401(k) plan with immediate vesting and

company matching up to 6%

Paid time away (vacation and sick time

Flex days and holidays

Company matching

Job summary

Symetra is seeking an Actuarial Associate III to support the Insurance Capital Standard reporting function within the Enterprise Risk Management team. The role focuses on ensuring accurate IC results and timely delivery, collaborating with multiple departments and the Sumitomo Life parent company.

The ideal candidate has knowledge of ICS requirements, strong analytical skills, and the ability to clearly communicate results to stakeholders.

Qualifications

• Understanding of capital requirements and calculations.
• MG-ALFA experience.
• Proficiency in SQL or Python.
• Microsoft Office 365
• Understanding of insurance GAAP and Statutory accounting principles, as well as company financials (e.g., income statements, balance sheets, policyholder reserves).
• Some experience with actuarial issues in company, industry, and regulatory contexts.
• Bachelor's degree or equivalent with strong quantitative background including college level mathematics.
• High school diploma required.

Responsibilities

• Calculate and report capital requirements under the ICS framework on a quarterly basis.
• Manage and run models, which includes updating model inputs and producing model results in a timely manner.
• Produce and analyze model outputs and spreadsheet calculations, ensuring accuracy, completeness, and consistency.
• Coordinate with business partners to gather required data and meet reporting deadlines.
• Document reporting procedures and maintain clear process documentation.
• Identify opportunities for process improvements, automation, and enhancements to streamline calculation review and validation procedures.
• Support audits and model governance activities by preparing supporting documentation and responding to information requests.

Skills

MG-ALFA experience

SQL

Python

Microsoft Office 365

Education

Bachelor's degree in a quantitative field

High school diploma

Tools

MG-ALFA

Job description

Symetra is seeking an Actuarial Associate III to support the Insurance Capital Standard reporting function within the Enterprise Risk Management team. The role focuses on ensuring accurate IC results and timely delivery, collaborating with multiple departments and the Sumitomo Life parent company.

The ideal candidate has knowledge of ICS requirements, strong analytical skills, and the ability to clearly communicate results to stakeholders.