Assistant Vice President – Actuary
February 22, 2023 by Symetra
Symetra has an exciting opportunity to join our team as an Assistant Vice President, Actuary
About the role:
Manages a major section or function within a division. This could include pricing/product development, financial reporting, and/or modeling. Distinguished from the Associate Actuary position via additional breadth in management responsibilities or overall scope of responsibilities. Supervises more junior actuarial staff and mid-level highly experienced actuaries. This role will manage a small team of Actuaries.
Responsibilities:
- Lead Workforce Benefits Valuation.
- Products involved include Group Life, Group Disability (Short and Long Term Disability) and Voluntary (Accident, Critical Illness, Hospital Indemnity and Limited Benefit Medical).
- Monthly, Quarterly and Annual Valuation responsibilities include monitoring results, setting reserves, analyzing variances to plan, explaining variances to plan to management, working with corporate and finance to produce earnings materials, cash flow testing, embedded value as well as support other reporting needs.
Why Work at Symetra –
Here’s what some of our employees have to say about why they 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
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 Benefits overviewopens a pdf file
Compensation
Salary Range: $142,700 – $237,800 plus eligibility for annual bonus programs
Your education, experience, and skills
- Bachelor’s degree or equivalent with strong quantitative background including college level Mathematics
- 10 years of insurance related actuarial experience
- FSA & MAAA
- Demonstrated mastery of actuarial concepts and assumptions used for modeling, reserving, and/or financial reporting
- Exceptional technical and computer skills, including use of complex spreadsheets, PowerPoint, and data management tools
- Deep expertise in insurance product pricing and knowledge of industry trends
- Demonstrated ability to operate and influence in a matrixed organization
- Strong aptitude to manage a complex set of simultaneous projects and initiatives to successful outcomes
- Proven ability to present technical information to large audiences
- Professional presence with polished and well-developed oral/written communication, interpersonal and team skills
- Broad expertise in a variety of company, industry, and regulatory actuarial issues
- Expressed commitment to professional development
- Preferably experience in the following areas:
- Group Life and Disability
- Valuation
- Managing
- Presenting results to management
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: 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: www.symetra.com/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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