Actuary II

About the roleThe Retirement Pricing team is looking for an Actuary II to support the development and pricing of new products and features across our Fixed Annuity, Fixed Indexed Annuity, and Registered Index-Linked Annuity product lines.In this role, you will use MG-ALFA and other analytical tools to evaluate product ideas, identify key risks, and perform the pricing analysis needed to bring competitive and sustainable products to market. You will analyze competitor products to assess market positioning and identify product features or design approaches that may help mitigate risk.You will have the opportunity to take ownership of your work, develop analytical approaches, and proactively identify the next steps needed to move projects forward.Specific projects may include developing and enhancing MG-ALFA pricing models, establishing modeling assumptions, evaluating product profitability and risk under a range of scenarios, and partnering with stakeholders throughout the product-development process. What you'll do Support the development and pricing of new Fixed Annuity, Fixed Indexed Annuity, and Registered Index-Linked Annuity products and features. Build, maintain, and enhance MG-ALFA pricing models. Develop modeling assumptions and perform profitability, sensitivity, and scenario analyses. Evaluate product ideas to identify key financial, actuarial, and policyholder-behavior risks. Analyze competitor products to assess market positioning and identify potential product-design or risk-mitigation opportunities. Interpret modeling results and clearly communicate key findings, risks, and tradeoffs. Take ownership of assigned work, develop appropriate analytical approaches, and proactively move projects forward. Collaborate with Product Development and other business partners throughout the product-development process. Improve pricing tools, processes, controls, and documentation. Provide technical guidance and support to junior actuarial team members. Why 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
• 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

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 Salary Range:$145,000-176,000 base salary plus eligibility for annual bonus programs Bachelor's degree or equivalent with a strong quantitative background, including college-level mathematics. Six to nine years of relevant actuarial experience. ASA designation required; may have an FSA designation. Experience with actuarial pricing, product development, or financial modeling. Hands-on experience building, maintaining, or enhancing models in MG-ALFA. Knowledge of Fixed Annuity, Fixed Indexed Annuity, or Registered Index-Linked Annuity products is preferred. Ability to analyze competitor products and translate findings into insights about market positioning, product design, and potential risk-mitigation opportunities. Strong understanding of actuarial concepts, assumption development, profitability analysis, and risk assessment. Ability to take ownership of your work, develop analytical approaches, and move projects forward with appropriate guidance. Strong problem-solving skills and the ability to interpret complex modeling results. Strong written and verbal communication skills, including the ability to explain technical findings to nontechnical audiences. Ability to collaborate effectively with actuarial and cross-functional business partners. Creativity and flexibility to recommend and implement improvements to models, tools, and processes. 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.For more information about our careers visit: 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: 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 #J-18808-Ljbffr Symetra