Asset Modeling Actuary II - Remote

Job title: Asset Modeling Actuary II - Remote in USA at Symetra Life Insurance Company

Company: Symetra Life Insurance Company

Job description: Job Description:Symetra has an exciting opportunity to join our team as an Asset Modeling Actuary II!About the roleRetirement Actuarial Valuation is looking for an Actuary II who can take on a role of asset modeling for VM-21 and VM-22. This role will initially be focused on the VM-21 for registered indexed and variable product lines but will also include VM-22 for indexed products in the coming years. This position requires an individual who can understand the details of asset modeling, liability modeling, and VM-21/VM-22 reserve and capital requirements. Cross department collaboration will be key in this role as it will interface heavily with corporate ALM teams. You will also have communication with senior leadership and possibly executive management. In the future, you may supervise a small team of actuarial students.What you will do

• Lead the integration of asset modeling with liability projections for principles-based reserving of retirement products, focusing on how investment assumptions and specific holdings impact product profitability, solvency, and capital metrics.


• Provide support and some direction in developing and optimizing investment strategies, especially as they pertain to backing fixed indexed annuity liabilities.


• Perform detailed analysis and provide insights on the impact of regulatory and accounting changes (e.g., NAIC, GAAP LDTI) on asset modeling and reserve valuation (specifically VM-22).


• Serve as a subject matter expert on Fixed Indexed Annuities including Registered fixed indexed annuities, including the modeling of index strategies, hedge instruments, crediting designs, and embedded guarantees.


• Ensure asset models adhere to statutory accounting standards, regulatory requirements, and internal audit controls.


• Document methodologies, assumptions, and controls used in asset models, ensuring transparency and audit-readiness.


• Mentor junior actuarial analysts and collaborate cross-functionally with finance, capital markets, risk, and portfolio management teams.

Why 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 AnalystWhat 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 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

CompensationSalary Range: $125,000 – $208,400 plus eligibility for annual bonus programsWho you are

• Achieved FSA


• 5+ years of insurance related actuarial experience. Typically 7+ years of experience


• Bachelors degree or equivalent with strong quantitative background including college level mathematics


• Experience with asset modeling software like BondEdge or Intex required


• Strong understanding of complex asset categories and how to model them under a variety of interest rates and equity scenarios.


• Good communication skills


• Advanced knowledge of actuarial concepts and assumptions used for modeling and valuation


• Demonstrates this depth with quality advice and recommendations


• Proven ability to work independently and possibly manage junior actuaries


• Ability to solve complex actuarial problems independently in a multi-dimensional context


• Significant knowledge of insurance/products and the industry


• Experienced in a variety of company, industry, and regulatory actuarial issues


• Commitment to professional development


• High school diploma required

We empower inclusionAt 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 perspectives, 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 .Creating a world where more people have access to financial freedomSymetra 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:Work AuthorizationEmployer 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.#LI-BV1#LI-Remote

Expected salary:

Location: USA

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