Actuary II, RILA Pricing - Remote

Symetra has an exciting opportunity to join our team as an Actuary II!

About the role

This is an actuarial role focused on RILA pricing and profitability in the Retirement Actuarial group. In the Retirement Actuarial group, we are tasked with quantifying the profitability and risks associated with our annuity product offerings. This is a highly visible and collaborative role that serves to create value for our policyholders and family of Symetra Companies with our annuity product offerings. This role will engage various company stakeholders to develop innovative RILA product offerings.

What you will do

• Typically leads a section or function within a product line such as product development, financial reporting, management reporting, experience studies, risk management reporting, and actuarial research.
• Typically responsible for actuarial reports, projects, and analysis.
• Improves processes and creates efficiencies with reporting, documentation, and transparency.
• Usually supervises small actuarial teams of analysts and actuarial students.
• Commitment to self development and advanced industry knowledge.
• May assist with division and actuarial team strategy.
• Approximately 30% of time spent on recurring duties, 40% on project related work, and 30% management related duties including reviewing work and developing employees.

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:$125,000 - $208,400plus eligibility for annual bonus programs

Who you are

• Bachelor's degree or equivalent with strong quantitative background
• 5 to 7 years of insurance related actuarial experience.
• 7 to 8 actuarial exams. ASA designation required
• RILA product experience required
• Experience in actuarial modeling software is a plus (MG-ALFA preferred)
• Strong analytical abilities and problem-solving skills
• Ability to work collaboratively with others including management of projects
• Strong communication skills
• Ability to work independently
• High school diploma required

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: https://symetra.eightfold.ai/careers

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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