Credit Analyst, Corporate Fixed Income - Hybrid
Symetra · United States · $132,700–$175,000 (stated in the posting)
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
Who you are
- Bachelor’s degree in finance, economics, accounting, mathematics, or a related field is required. MBA and/or CFA designation (or meaningful progress toward CFA) is preferred but not required.
- 3+ years of corporate credit research experience on the buy side or sell side. Experience covering multiple sectors is a plus.
- Demonstrated ability to support an investment thesis with both quantitative and qualitative evidence, and to communicate it with conviction in writing and in person.
- Comfort with uncertainty and the willingness to make recommendations that are well-reasoned but inherently incomplete — credit is decision-making under imperfect information.
- Strong fundamental analysis toolkit: financial statement analysis, cash flow modeling, capital structure, covenant analysis, and relative value frameworks (spread, spread duration, credit curves).
- Proficiency with Bloomberg and Microsoft Office (Excel, Word, PowerPoint). Familiarity with Power BI is a plus.
- Prior hands-on AI experience is a plus but not a requirement. We prefer someone who has a curiosity to use AI tools, a willingness to experiment, and an instinct to automate workflows and enhance the investment process.
- Intellectual curiosity, attention to detail, a high level of initiative, and a “get it done” work ethic that supports working under occasional inflexible deadlines.
- Ability to work cooperatively within a small team environment while interacting effectively with a broader group of investment professionals.
- High school diploma required.
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 perspective, 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: https://symetra.eightfold.ai/careers
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.
Please review Symetra's Remote Network Minimum Requirements:
As a remote-first organization committed to providing a positive experience for both employees and customers, Symetra has the following standards for employees' internet connection:
- Minimum Internet Speed:100 Mbps download and 20 Mbps upload, in alignment with the FCC's definition of "broadband."
- Internet Type: Fiber, Cable (e.g., Comcast, Spectrum), or DSL.
- Not Permissible: Satellite (e.g., Starlink), cellular broadband (hotspot or otherwise), any other wireless technology, or wired dial-up.
When applying to jobs at Symetra you'll be asked to test your internet speed and confirm that your internet connection meets or exceeds Symetra's standard as outlined above.
Identity Verification
Symetra is committed to fair and secure hiring practices. For all roles, candidates will be required (after the initial phone screen) to be on video for all interviews. Symetra will take affirmative steps at key points in the process to verify that a candidate is not seeking employment fraudulently, e.g. through use of a false identity.
Failure to comply with verification procedures may result in:
- Disqualification from the recruitment process
- Withdrawal of a job offer
- Termination of employment and other criminal and/or civil remedies, if fraud is discovered
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