Credit Analyst, Corporate Fixed Income - Hybrid

Symetra Investment Management has an exciting opportunity to join our growing team as a Corporate Fixed Income Credit Analyst in Farmington, Ct!

 

About the role

As a Credit Analyst on Symetra Investment Management’s Investment Grade (IG) Corporate Credit team managing approximately $50 billion AUM. You will perform rigorous fundamental credit analysis and develop investment recommendations that drive portfolio performance across our general account and growing affiliated mandates. You will own coverage of issuers across one or more industry sectors, present credit ideas with a well-developed thesis, and partner directly with Portfolio Managers and Traders on new issue allocation, relative value, and ongoing surveillance.

This role suits an analyst ready to begin primary sector coverage, or one that is ready to grow their coverage experience.

This is a hybrid role based in our Farmington, CT office (eight days per month in office).

 

Company Overview

Symetra Investment Management (“SIM”) is a SEC-registered investment advisory firm with approximately $78 billion in assets under management as of March 31, 2025. Symetra Financial Corporation (“SFC”), a diversified financial services company with $68.4 billion in assets as of December 31, 2024, headquartered in Bellevue, Washington is the sole shareholder of SIM. SFC is also 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, 2024) and has approximately 2.3 million customers and over 2,600 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 $327 billion of assets as of March 31, 2025. SIM currently has recently begun marketing its investment management services to third-party institutional investors. 

 

What you will do

• Perform fundamental credit analysis on IG corporate issuers within an assigned sector coverage universe, including financial modeling, capital structure analysis, covenant review, and ESG/event risk assessment.
• Formulate and defend investment recommendations supported by a clearly articulated thesis, robust financial analysis, and scenario evaluations.
• Evaluate relative value across the curve, capital structure, and peer group, surface actionable trade ideas to Portfolio Managers and Traders.
• Participate actively in the new issue process, including reading prospectuses, assessing value, and providing real-time recommendations on primary market participation.
• Conduct ongoing surveillance of covered names, including earnings analysis, rating agency action, M&A and event-driven catalysts, and emerging credit risks (regulatory, secular, AI-driven disruption, etc.).
• Present credits at portfolio reviews and team meetings; produce concise, decision-ready written research.
• Maintain coverage models, comp sets, and surveillance dashboards — and continuously look for ways to automate the repetitive parts so your time goes to analysis and judgment.
• Collaborate with Portfolio Managers, Traders, and the broader Symetra investment department on portfolio construction, risk management, and client-facing materials.

 

Why work at Symetra

 “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 

 

"I am grateful to be here and I know how blessed I am to work for a company that truly cares about me as a person". - Nancy R., Sr. Investment Fund Analyst

 

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: $132,700 – $175,000 plus eligibility for annual bonus programs