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 BEL

- BEL 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 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

Hourly Range:$72,700 – $121,100plus 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--