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Assistant Director, Multi-Sector Port Management - Hybrid
Farmington, CT$176K - $238K / yearPosted 1 months ago
Full-timehybriddirector
Job Description
Symetra has an exciting opportunity to join our team as an Assistant Director, Multi-Sector Portfolio Management!
About the role
The Assistant Director, Multi-Sector Portfolio Management will work closely with the Insurance Portfolio Management team to assist with oversight of the day-to-day management of the affiliated general account portfolios and maintain/improve platform of investing tools to analyze portfolio strategies. The individual will influence the continued evolution of the General Account by identifying areas of opportunity beyond current capabilities, including enhancing strategic and tactical asset allocation, cash management, capital-efficiency and competitive considerations. This is an individual contributor role with no direct reports. However, close collaboration with key stakeholders at SIM and SLIC, as well as a willingness to be “hands on” in the completion of required tasks will be critical to success, and to taking advantage of SIM’s opportunistic approach and capabilities.
This is a hybrid work role based in Farmington Connecticut.
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 $319 billion of assets as of March 31, 2024. SIM currently has recently begun marketing its investment management services to third-party institutional investors.
What you will do
- Oversee the day-to-day management of the affiliated general account and unaffiliated client portfolios and maintain/improve platform of investing tools, making contributions to higher-level strategic decision-making all the way to hands-on tasks such as executing trades. Work with cross-functional teams in SIM and SLIC to optimize portfolio and accomplish client objectives within constraints.
- Continuously evaluate and enhance investment processes to improve efficiency, accuracy, and overall performance. Implement best practices and innovative solutions to streamline workflows and optimize investment decision-making to develop asset strategies to support current suite of insurance products.
- Keep apprised of emerging industry trends and themes in insurance asset management and perform ad-hoc research projects, to expand market insights and advocate for investment recommendations to advance overall portfolio construction.
- Work with internal reporting professionals to develop and enhance reporting relating to portfolio positioning and performance. Support preparation and delivery of periodic reports to senior management.
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.
- Hybrid 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: $176,000 – $238,000 plus eligibility for annual bonus program