About Symetra Financial

Symetra Financial is a leading insurance and financial services company dedicated to providing innovative solutions in life insurance, retirement services, and employee benefits. Headquartered in the United States, Symetra has built a reputation for stability, customer focus, and employee-centric culture. With a commitment to helping individuals and businesses secure their financial futures, Symetra offers a range of products including life insurance policies, annuities, and comprehensive benefits administration. As a remote-first organization, Symetra empowers its team to thrive in flexible work environments while delivering exceptional value to clients nationwide.

Role Overview

The Corporate Development Associate position at Symetra Financial presents an exciting opportunity to dive into the heart of strategic growth initiatives within the insurance sector. Reporting to senior leadership, you will support all stages of reinsurance transactions and capital solutions, from inception to execution. This role demands a blend of analytical prowess, collaborative spirit, and industry knowledge, making it ideal for professionals passionate about life insurance, retirement products, and financial optimization. With a salary range of $93,900 to $156,600 plus bonus eligibility, this full-time hybrid or remote position offers substantial rewards for your expertise.

Key Focus Areas

Your work will span capital strategy, pricing analysis, and cross-functional partnerships, ensuring Symetra remains agile in a dynamic regulatory landscape.

Key Responsibilities

In this pivotal role, you will drive Symetra's corporate development efforts through hands-on involvement in high-impact projects. Responsibilities include assisting in the identification and implementation of capital optimization strategies, such as external reinsurance and internal solutions. You will analyze, contribute to, and review pricing models crafted by division actuaries from areas like retirement, life, benefits, corporate finance, and ERM.

Take the lead in preparing internal presentations and materials for management approval processes. Collaborate seamlessly with business units including actuarial, ERM/capital management, tax, accounting, and legal teams during strategic initiatives. Conduct thorough market research using tools like S&P IQ, summarizing key industry themes for stakeholders. Additionally, stay abreast of proposed and newly implemented industry guidance from bodies like NAIC, state regulators, rating agencies, and IRS, ensuring all reinsurance and capital solutions align with evolving standards.

Qualifications & Requirements

Symetra seeks candidates with a High School Diploma required and a Bachelor's Degree or equivalent experience preferred. You bring 5-8 years of work-related experience, with Life & Annuity industry expertise mandatory. Preferred knowledge includes U.S. Stat, GAAP, Bermuda EBS, U.S. tax accounting, and familiarity with global solvency regimes. Actively pursuing or having completed professional designations such as ASA, CPA, or CFA is highly valued.

Success hinges on strong attention to detail, project management skills, excellent communication, and interpersonal abilities to engage stakeholders at all levels, including external partners. Be independent, quick to grasp new concepts, creative, critical thinker, and adaptable to company needs. A genuine interest in mastering insurance aspects like reserving, accounting, capital, tax, and rating agencies is essential. Remote applicants must meet Symetra's internet standards: 100 Mbps download/20 Mbps upload via fiber, cable, or DSL, with video interviews and identity verification required.

Benefits & Perks

Symetra prioritizes employee well-being with tailored programs enhancing life at work and home. Enjoy flexible full-time or hybrid telecommuting, a 401(k) plan with immediate vesting and up to 6% company matching, generous paid time away including vacation, sick time, flex days, and 10 holidays. Double your community impact through company matching gifts. Competitive compensation starts at $93,900-$156,600, plus annual bonus potential, reflecting Symetra's investment in top talent.

Career Growth

At Symetra, career advancement is fueled by a supportive culture that views failure as part of learning. Employees like Kerry S., Sr. Systems Analyst, praise the company's efforts to ensure success, while Cris H., VP Internal Sales, highlights the rewards of dedication to industry mastery. Invest in yourself here: gain comprehensive insurance knowledge, pursue designations, and collaborate on transformative projects in life insurance, retirement, and benefits. Symetra's remote-first model and professional development opportunities position you for long-term success in finance and insurance.

Why Join Symetra

Symetra stands out with its challenging yet reassuring culture, emphasis on work-life balance, and focus on employee growth. As a key player in life insurance, retirement solutions, and employee benefits, Symetra offers stability and innovation. Join a team where your contributions to reinsurance and capital strategies directly impact the company's trajectory. With premium benefits, competitive pay, and a commitment to your professional journey, Symetra is the place to build a rewarding career.

Role FAQs

Q: Is this role remote? Yes, Symetra is remote-first with hybrid options, subject to internet requirements.

Q: What experience is required? 5-8 years in Life & Annuity, plus preferred accounting and regulatory knowledge.

Q: Are professional designations needed? Preferred; actively pursuing ASA, CPA, or CFA is advantageous.

Q: What is the salary range? $93,900 - $156,600 USD, plus bonus eligibility.

Q: How does Symetra support career development? Through mentorship, learning opportunities, and a culture embracing growth and innovation.