SymetraInvestmentManagement has an exciting opportunity to join our team as anAlternative Assets Intern!
About the program
At Symetra, we share a deep commitmentinbringing value to underserved communities and people and helping them take steps toward financial freedom.That'sour way of describing people that can be and to do what they value. Our interns work on real, meaningful projects that contribute toward our goal, and are an important part of our Symetra community.
The internship duration is12 weeksrunning from May 19 – August 8, 2025.
Note: This position is in Farmington, CT,and will be a hybrid work environment.
Company Overview
Symetra Investment Management ("SIM") is a SEC-registered investment advisory firm with approximately$75 billionin assets under management as of December 31, 2023. Symetra Financial Corporation ("SFC"), a diversified financial services company with$63.7billionin assets as of December 31, 2023, 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 approximately2.1million customersand over 2,500 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$318.4billionof assets as of March 31, 2024. SIM currently plans to enter the third-party investment management market in the short to intermediate term.
Role Overview
As an Intern in Alternatives Assets at SIM(Symetra Investment Management), you will embark on a valuable learning experience, contributing to the development/improvement of management reporting, process improvements, and monitoring of alternative assets for SIM's clients, and in particular,its affiliated life insurance clients. This internshipprovides a unique opportunity for studentspursuing a bachelor's or master's degree in finance to apply their academic knowledge to real-world challenges.
Key Responsibilities:
Assistwith the refinement and development of management reporting, creation/implementation of process improvements, and other client-specific considerations.
Assistwith manager due diligence, coordinating with other areas of SIM asappropriate.
Develop and learn to build relationships with sourcing partners.
Collaborate with legal and compliance teams on documentation.
Keep apprised of emerging industry trends and themes in alternative asset management and perform ad-hoc research projects as needed.
Conduct ongoing reporting and surveillance of investments and external managers. Maintain and improve repeatable processes for quantifying and reporting results as needed.
Interact with other members of the Symetra investment departmentincluding,legal, operations, accounting, reporting and compliance.
Your education, experience, and skills
Education: Currently pursuing a bachelor's (rising senior) or master's degree in finance, economics, accounting,mathematicsor relevant field isrequired.
Courses/Knowledge: Portfolio Management and Investments; strong understanding of investment concepts
Analytical Skills: Ability to provide quantitative/analytical and qualitative evidence to support an investment thesis;?and experience developing and implementing value added investment recommendations
Systems: Microsoft Excel
Effective Communication:?Ability to work effectively in a small, collaborative team, while also communicating and interacting with a larger group of investment professionals
Learning Aptitude:High levelof initiative coupled with intellectual curiosity
What we offer you
We ship you a laptop and any other equipment necessary for a successful internship.
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 and mustmaintainauthorization to work in the United States throughout their employment with our company.?
We empower inclusion
At Symetra, we aspire to be the most inclusive insurance company in the country.We'rebuilding a place where every employee feels valued, respected, and has opportunities to contribute.
Inclusion is about recognizing our assumptions, considering multipleperspective, 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'reguided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitiveprice,we communicate clearly and openly so people understand whatthey'rebuying, and we design products—andoperateour company—to stand the test of time.We'recommitted to showing up for our communities,lifting upour employees, and standing up for diversity,equityand 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:?https://symetra.eightfold.ai/careers
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