Job Description

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

About the role

The Benefits Actuarial department is looking for two actuaries to join the team! We are an inclusive and flexible team that values diverse experiences and backgrounds. Our area is responsible for the pricing, valuation, and risk management of our $1.6B book of group life, disability, supplemental health, and stop loss business. As a student in Benefits Actuarial, you will leverage your business knowledge and technical skills to advance our actuarial capabilities and output. These roles will be part of the Symetra Actuarial Student Program with exam support, mentoring, and opportunities to rotate throughout the company's actuarial departments.

Specific projects may include: developing new products and pricing based on market needs, enhancing existing products and pricing methodologies, improving our reserve and business modeling, and working with our business partners to improve our predictive and analytics tools. Our vision at Symetra is to create a world where people have more access to financial freedom; the benefits actuarial team plays a key role in ensuring we maintain a sustainable business where people matter. Our team members work across the country with options for working fully remotely or with a hybrid set up.

What you will do

• Develop and maintain actuarial models for benefits pricing, valuation, and risk management.
• Use advanced analytics techniques to perform experience studies and analysis to refine assumptions and models.
• Collaborate with cross-functional teams to ensure the accuracy and completeness of actuarial analysis.
• Drive automation of processes, strong data governance, and enhanced analytical capabilities in order to provide valuable insights to management.
• Commit to self-development, attaining industry knowledge, and passing actuarial exams to achieve actuarial designation.
• Provide guidance and mentorship to junior actuaries.

Why 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 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
• Want more details? Check out our Symetra Benefits Overview

Compensation

Salary Range: $91,200 - $151,900 plus eligibility for annual bonus program

Who you are

• Bachelors degree or equivalent with strong quantitative background including college level mathematics.
• 3 to 5 years of insurance related actuarial experience.
• 5 to 7 actuarial exams. Might have ASA designation.
• Creativity and flexibility to suggest and implement new techniques, software, and/or processes to improve business analysis.
• Strong communication skills, particularly as it relates to communication of technical concepts to non-technical audiences.
• Strong technical skills including managing large data sets and Excel.
• Ability to solve complex actuarial problems.
• Basic knowledge of insurance products and the industry.
• Commitment to professional development and passing actuarial exams.

• Proficiency in SQL or Python is preferred.
• Experience with automation and process improvement is a plus.

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 perspectives, 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.

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