Job Location : Farmington,CT, USA
Symetra has an exciting opportunity to join our team as a Sr. Investment Risk Manager!
About the role
As a Senior Investment Risk Manager at SIM, you will contribute to the effective oversight and management of risks. This role involves providing relevant risk information, advising senior management, and actively participating in new initiatives. With dynamic growth in Assets Under Management (AUM), this position presents a unique opportunity at a critical inflection point in our organizational trajectory.
Company Overview
Symetra Investment Management ( SIM ) is a SEC-registered investment advisory firm with approximately $75 billion in assets under management as of December 31, 2023. Symetra Financial Corporation ( SFC ), a diversified financial services company with $59 billion in assets as of December 31, 2022, headquartered in Bellevue, Washington is the sole shareholder of SIM. SFC is the holding company of Symetra Life Insurance Company ( Symetra Life ), which was founded in 1957, and has insurer financial strength ratings of 'A' by A.M. Best and Standard & Poor's and 'A1' by Moody's. Symetra Life is among the top 40 largest life insurance companies in the United States (based on statutory admitted assets as of December 31, 2022) and has approximately 1.7 million customers and over 2,200 employees nationwide. SFC is a wholly owned subsidiary of Sumitomo Life Insurance Company, a mutual life insurance company with head offices in Osaka and Tokyo, Japan. Founded in 1907, Sumitomo is one of the largest life insurance companies in Japan with $319 billion of assets as of March 31, 2023. SIM currently plans to enter the third-party investment management market in the short to intermediate term.
What you will do
* Risk Identification: Proactively identify and analyze portfolio and security level risks, with a strong focus on fixed income markets.
* Analytics Validation: Continuously validate multi-asset analytics to trade-level quality.
* Risk Committee Presentation: Present key risks, concerns, and risk initiatives to the Risk Committee.
* Reporting: Produce regular and ad-hoc reports with precision and attention to detail.
* Process Optimization: Evaluate current risk management processes and optimize them for gaining efficiencies, improving scalability and reducing scope for errors.
* Stakeholder Collaboration: Escalate and collaborate with various stakeholders, including line management, fund managers, IT, operations, or system support as needed.
* Cross-Functional Support: Collaborate with other business areas to achieve their goals and contribute to efficiency creation.
* Marketing Collaboration: Support marketing efforts to prospective clients.
Who you are
* High school diploma required
* College degree or equivalent experience preferred
* 7+ years in fixed income markets, demonstrating a detailed understanding of fixed income securities.
* Market/Investment Risk: Proven experience in a market/investment risk role in an asset management company or insurance company.
* Analytical Skills: Strong problem-solving and analytic skills, with the ability to navigate major fixed income asset classes and follow various markets.
* Systems: A working knowledge of a risk analytics system such as Aladdin, BarraOne, Polypaths, etc., Microsoft Excel (including VBA), SQL, and any programming languages.
* Data Visualization: Experience with data visualization tools such as Power BI or Tableau.
* Project Management: Experience in managing projects and stakeholder communications.
* Effective Communication: Ability to explain complex concepts and data to multi-disciplinary audiences.
* Confidence & Articulation: Be confident, articulate, and effectively balance the dual roles of enforcing oversight while collaborating with the front office.
* Bachelor's degree in finance or related fields.
* Ability to work a hybrid schedule in our Farmington, CT office.
Compensation
Salary Range: $175,000 - $200,000 plus eligibility for annual bonus program
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
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 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 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:
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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