Senior Associate, Alternative Assets - Hybrid

 

 

About the role

The Alternative Assets Senior Associate will assist in leading investments including the sourcing, modeling, evaluation, legal negotiation, execution and monitoring of alternative assets for SIM’s clients, and in particular, its affiliated life insurance clients. The successful candidate will assist in executing this strategy with a particular emphasis on the unique needs and/or constraints of each corresponding client portfolio, and in a way that balances sometimes competing objectives such as risk, long-term return, capital and/or tax efficiency, and other factors. The investable universe is expected to include externally managed positions, such as private equity, private credit, secondaries, affordable housing tax credit funds, CLO equity, co-investments, and other potential areas as identified by the Head of Alternative Assets and approved internally. The alternatives team will coordinate due diligence with the internal investment committee and other members of the SIM front office with expertise in relevant areas, as applicable.  Close collaboration with key stakeholders, accounting, legal, operations, compliance, and reporting at SIM and Symetra Life will also be critical to ensure the timely delivery of, results, and benchmarking that meet portfolio manager and client requirements.

 

This is a hybrid work role based in Farmington Connecticut (Mandatory 2 days in office).

 

Who we are

Symetra Investment Management (“SIM”) is a SEC-registered investment advisory firm with approximately $93.8 billion in assets under management as of June 30, 2026. Symetra Financial Corporation, a diversified financial services company with $77.9 billion in assets as of December 31, 2025, headquartered in Bellevue, Washington.  Symetra Financial Corp. is the holding company of Symetra Life Insurance Company, which was founded in 1957. Symetra Life 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, 2025) and has approximately 5.5 million customers and over 3,200 employees nationwide.

Corporate Parent Company: 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 ¥ 51.6 trillion ($322.6 billion) of assets (March 31, 2026). 

 

 What you will do

• Source, evaluate, and implement alternative asset investment opportunities with a focus on risk/return, long-term return potential, diversification, capital/tax efficiency, and other client-specific considerations. Conduct manager due diligence, coordinating with other areas of SIM as appropriate. Develop/expand relationships with sourcing partners. Present recommendations internally. Collaborate with legal and compliance teams on documentation.
• Conduct ongoing reporting and surveillance of investments and external managers. Monitor appropriate analyses for holdings. Maintain and improve repeatable processes for quantifying and reporting results as needed.
• Keep apprised of emerging industry trends and themes in alternative asset management and perform ad-hoc research projects as needed.

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 work 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

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: $145,900 – $197,400 plus eligibility for annual bonus program