Corporate Development Associate

Symetra has an exciting opportunity to join us as aCorporate Development Associate!

About the role

As aCorporate Development Associate, you will provide support for all stages of active and prospective reinsurance transactions and other capital solutions. This includes assisting with every phase of the process from inception to completion, and collaborating effectively with each business unit involved in the transaction.

What you will do

• Assist in identifying and implementing capital optimization strategies, including external reinsurance and internal solutions.
• Analyze, contribute to, and review pricing models prepared by the respective division or corporate actuaries (e.g., retirement, life, benefits, corporate finance, ERM, etc.) for each proposed reinsurance transaction.
• Lead the preparation of internal presentations and materials for the management approval process.
• Collaborate with other business units during each strategic initiative (e.g., actuarial, ERM/capital management, tax, accounting, legal, etc.)
• Conduct market research (e.g., S&P IQ) and summarize key industry themes for stakeholders.
• Stay informed of proposed and newly implemented industry guidance, including accounting, actuarial guidelines, and other key issues which could impact reinsurance and other capital solutions (e.g., NAIC, state regulators, rating agencies, IRS, etc.)

Why Work at Symetra

Here's what some of our employees have to say about why they work at Symetra:

"Symetra will spoil you. There aren't many companies that will put as much effort into you being a success as Symetra. The culture will challenge you but simultaneously put you at ease. Failure is seen as integral to the learning process so there is less reason to be fearful of it." - Kerry S., Sr. Systems Analyst

"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., VP Internal Sales

What we offer you

Benefits and Perks

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: $93,900 - $156,600 plus eligibility for the company annual bonus program.

Who You Are:

• High School Diploma required, Bachelor's Degree or equivalent years of experience preferred.
• 5-8 years of work-related experience, with Life & Annuity industry experience required.
• Knowledge of U.S. Stat, GAAP, Bermuda EBS and U.S tax accounting and familiarity with other global solvency regimes is preferred.
• Have completed or are actively pursuing professional designations such as ASA, CPA, or CFA
• Strong attention to detail and the ability to prioritize and manage several projects
• Excellent communication and interpersonal skills, with the ability to collaborate with various stakeholders at all levels within the organization as well as external partners
• Independent and able to quickly grasp new concepts, think creatively and critically, and remain agile and adaptable to the evolving needs and challenges of the company
• Interested in gaining a comprehensive understanding of all aspects of insurance, including reserving, accounting, capital, tax, rating agencies, etc.

Please review Symetra's Remote Network Minimum Requirements:

As a remote-first organization committed to providing a positive experience for both employees and customers, Symetra has the following standards for employees' internet connection:

• Minimum Internet Speed:100 Mbps download and 20 Mbps upload, in alignment with the FCC's definition of "broadband."
• Internet Type:Fiber, Cable (e.g., Comcast, Spectrum), or DSL.
• Not Permissible:Satellite (e.g., Starlink), cellular broadband (hotspot or otherwise), any other wireless technology, or wired dial-up.

When applying to jobs at Symetra you'll be asked to test your internet speed and confirm that your internet connection meets or exceeds Symetra's standard as outlined above.

Identity Verification

Symetra is committed to fair and secure hiring practices. For all roles, candidates will be required (after the initial phone screen) to be on video for all interviews. Symetra will take affirmative steps at key points in the process to verify that a candidate is not seeking employment fraudulently, e.g. through use of a false identity.

Failure to comply with verification procedures may result in:

• Disqualification from the recruitment process
• Withdrawal of a job offer
• Termination of employment and other criminal and/or civil remedies, if fraud is discovered
• discovered

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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