Description
About the role
The Retirement Actuarial team is looking for an Actuarial Associate I to support
retirement product pricing. This entry-level actuarial student role offers an
opportunity to build actuarial knowledge and technical skills while contributing
to analyses that support pricing and product-development decisions.
You will assist with maintaining pricing models, preparing and analyzing data,
reviewing actuarial results, and developing reports for actuarial and business
partners. Your work will primarily focus on recurring analyses and reporting,
with opportunities to support pricing and product-development projects.
You will work closely with experienced actuaries who provide detailed guidance,
review your work, and support your development. As you grow in the role, you
will expand your knowledge of annuity products, learn actuarial techniques and
tools, and progress toward an actuarial designation.
What you’ll do
* Provide actuarial support for recurring retirement product-pricing activities
and project work.
* Assist with maintaining and updating actuarial pricing models, spreadsheets,
databases, and other analytical tools under the guidance of experienced
actuaries.
* Gather, organize, validate, and analyze data used in pricing analyses.
* Review pricing model outputs, identify unexpected results, and summarize
findings for more experienced actuaries.
* Prepare recurring reports and supporting materials for actuarial and business
partners.
* Assist with profitability, sensitivity, and scenario analyses using
established methods and procedures.
* Research annuity products and competitor offerings to support pricing and
product-development work.
* Document assumptions, processes, methodologies, and analytical results.
* Identify opportunities to improve the accuracy and efficiency of recurring
processes, including opportunities to use automation and AI tools with
guidance from the team.
* Collaborate with actuarial team members and other business partners to
complete assigned work.
Qualifications
What you bring
This is an entry-level opportunity, typically suited to candidates with 0–2
years of relevant experience. Prior professional actuarial experience is not
required.
* Bachelor’s degree in actuarial science, mathematics, statistics, economics,
finance, or a related field.
* Foundational quantitative, analytical, and problem-solving skills.
* Working knowledge of Microsoft Excel for organizing data, applying formulas,
and performing analysis.
* Attention to detail and the ability to follow established procedures, check
results for accuracy, and document work.
* Clear verbal and written communication skills, including the ability to
summarize findings and ask questions when guidance is needed.
* Ability to organize assigned work, meet deadlines, and collaborate with team
members and business partners.
* Willingness to learn actuarial concepts and modeling tools, incorporate
feedback, and build knowledge of retirement products.
* Willingness to explore and use AI tools to improve analytical processes,
increase efficiency, and automate routine tasks, while reviewing outputs for
accuracy and following company policies.
* Commitment to professional development, expanding industry knowledge, and
passing actuarial exams toward an actuarial designation.
Preferred qualifications
* Successful completion of one or more actuarial exams.
* Internship, academic project, or other experience involving actuarial work,
financial analysis, data analysis, or modeling.
* Familiarity with MG-ALFA or similar actuarial modeling software.
* Foundational knowledge of annuity products and their features.
* Familiarity with SQL, Python, R, VBA, or similar tools used to prepare data
or automate analytical processes.
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.
For more information about our careers visit:
https://symetra.eightfold.ai/careers [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.
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
[https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.speedtest.net%2F&data=05%7C02%7CJenn.Sonne%40symetra.com%7C2552405437d047ca3a1008dd9feb4d2f%7C65b361c72cab4cd6b61f1a71705724e8%7C0%7C0%7C638842555134017689%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=GENWbEqlnxmq0gqgJLT2u2BX1DWOV%2Fn6sOKJ9y2Zr1M%3D&reserved=0]
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