Actuarial Associate I - Remote

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

About the role

The Production Associate contributes to Symetra Bermuda Servicing Company’s (“SBSC’s” or “the company’s”) in force modeling processes and procedures. Reporting to the Production Lead, this person will create SBSC model outputs for a wide range of regulatory reporting. This person will contribute to the success of the company’s modeling initiatives through developing expertise on the model and regulatory requirements, modernization of the reporting tools utilized, and improvement initiatives for the overall reporting processes.

What you will do Quarterly and annual regulatory reporting, including but not limited to:

Quarterly model bridging runs Final reported BELBEL waterfall runs Quarterly BEL sensitivities and stresses

Annual CISSA stresses

Annual Schedule V(e) stresses

Annual plan, plan updates, and sensitivities

Annual ORSA stresses

Annual unlocking runs and sensitivities

Develop and maintain process documentation

Implementing improvements to reporting and to the modeling processes

Why work at Symetra“I feel welcome and included at Symetra every day and I really believe you can be you at Symetra." - Megan H., Deputy Chief Compliance Officer"I am grateful to be here and I know how blessed I am to work for a company that truly cares about me as a person".

- Nancy R., Sr. Investment Fund Analyst What we offer youWe 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 xible 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 Hourly  Range: $72,700 – $121,100 plus eligibility for annual bonus programs

Who you are Bachelor's degree in actuarial science, finance, mathematics, or related technical field required.

Proficient in PC utilization including spreadsheets and data management software.

Demonstrated analytical abilities, problem solving, and analysis.

Committed to self-development and learning actuarial concepts.

Experience with common coding and visual software, such as Python, SQL, Power BI, and Power Query.

Experience with modeling software, with emphasis on MG-ALFA / MG-Integrate modeling.

Experience with AI coding tools a plus.

Effective communication with manager required.

Actuarial Student track with at least one exam passed. Prior to attaining actuarial designations.

Entry-level or up to 3 years of insurance related actuarial experience.

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 perspective, 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.

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