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Symetra Financial Overview

Symetra is a United States-based family of companies providing retirement plans, employee benefits, annuities and life insurance through independent distributors nationwide. The main headquarters of the company is located in Bellevue, Washington. Started in 1957, Symetra Financial began as a subsidiary of Safeco.
The staff at Symetra Financial come from unusually diverse demographic backgrounds. The company is 47.4% female and 32.2% ethnic minorities. Despite its diversity in other areas, Symetra Financial employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 85.4%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Symetra Financial has great employee retention with staff members usually staying with the company for 3.5 years. The average employee at Symetra Financial makes $66,090 per year. In comparison, some of its highest paying competitors, like CMFG Life Insurance Company, Allianz Life, and Highland Capital Holding, pay $91,274, $79,043, and $74,857, respectively.
A large insurance company with 1,250 employees and an annual revenue of $2.1B, Symetra Financial is headquartered in Washington.

Industry

Insurance

Revenue

$2.1B

Employees

1,250

Founded in

2004

Headquarters

Bellevue, WA

Website

symetra.com

Organization Type

Public

Is This Your Company?

The Team At Symetra Financial

Key People
  • Randall Talbot (Founder)
  • Margaret Meister (ceo)

Symetra Financial Reviews

Zippia Official Logo

3.0

Zippia UserFebruary 2021

3.0

Zippia Official LogoZippia UserFebruary 2021

What Do You Like About Working There?

interesting projects, work life balance Show More

What DON'T You Like About Working There?

project delivery is not mature Show More

What Are Your Favorite Benefits/Perks?

work life balance Show More
Zippia Official Logo

2.0

Zippia UserMay 2020

2.0

Zippia Official LogoZippia UserMay 2020

What Do You Like About Working There?

They recently did implement a work from home plan; however, lots of companies already had that, and now it's the new "normal" anyway. Show More

What DON'T You Like About Working There?

Management is in a very obvious clique, promoting amongst themselves. Nearly everyone said their favorite part about working there is the "people," but those saying that had either been working there for a long time and were in the "management clique" or literally just couldn't come up with anything else. Yes, having a great team is essential, but companies should also value and promote other aspects to create an awesome workplace. What about collaboration? autonomy? culture? challenges? helping others? Innovation/new ideas/change management concepts are very much needed at this company, and publicly, they say this is what they're striving for, yet working here felt like being stuck in a stuffy bygone era. They really need to actually embrace what they're promoting--change is ok! new ideas are ok! be willing to take some risks on a few things, like new people and new ideas; otherwise your company is going to quickly get left behind, by the industry and by your employees. Show More

What Are Your Favorite Benefits/Perks?

Benefits package is very nice, all things considered. No free parking (I know it's Bellevue, but c'mon!), no amenities in the office (make sure you bring your own coffee and eating utensils!), slow acceptance for new technology. Reportedly, there's an annual bonus. Some tuition assistance. A few discounts for places in the area. Show More
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Symetra Financial Rankings

Symetra Financial is ranked #40 on the Best Insurance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Symetra Financial Salaries

How much does Symetra Financial pay?
The national average salary for a Symetra Financial employee in the United States is $66,090 per year. Employees in the top 10 percent can make over $122,000 per year, while employees at the bottom 10 percent earn less than $35,000 per year.
9.7
Salary Score
Average Employee Earnings

Symetra Financial Salaries By Job Title

While Symetra Financial employees earn an average yearly salary of $66,090, different roles can command different wages. Some of the job titles with high salaries at Symetra Financial are regional vice president, chief compliance officer, network security engineer, and support lead. A worker with the title regional vice president salary at Symetra Financial can earn an average yearly salary of $153,962. Other roles at Symetra Financial include claim processor and internal wholesaler. A claim processor at Symetra Financial earns an average yearly salary of $21,430.
Job Title
Title
ascdesc
Average Salarydesc
Regional Vice President
Salary Range141k - 167k$154k$153,962
Chief Compliance Officer
Salary Range112k - 135k$124k$123,620
Network Security Engineer
Salary Range103k - 121k$112k$112,188
Support Lead
Salary Range98k - 119k$108k$108,413
New Business Manager
Salary Range98k - 112k$105k$105,399
National Sales Director
Salary Range100k - 105k$103k$102,963
Actuarial Internship
Salary Range82k - 123k$101k$101,002
Actuarial Associate
Salary Range82k - 121k$100k$99,906
Informatica Consultant
Salary Range89k - 103k$96k$96,280
Claim Auditor
Salary Range80k - 114k$96k$95,816
$57k
$167k

Symetra Financial Careers

On average, employees at Symetra Financial stay with the company for 3.5 years. Employees most commonly join Symetra Financial after leaving Safeco. When they leave Symetra Financial, they most frequently get their next job at Robert Half International.

Top Employers Before Symetra Financial

Safeco
20.8 %
Microsoft
14.0 %
MetLife
8.4 %

Top Employers After Symetra Financial

Microsoft
10.7 %
Boeing
8.6 %

Symetra Financial Employee Demographics

9.3
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Symetra Financial Employees Education

Of the 1,250 employees at Symetra Financial, 34.7% attended University of Washington. Employees at Symetra Financial most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Symetra Financial Employee Political Affiliation

Symetra Financial employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Symetra Financial employee was by Margaret Meister. Margaret Meister donated $29,038 to the Democratic Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Margaret MeisterChief Finance Officer
Margaret Meister
Chief Finance Officer
Chief Finance Officer
Democratic Party
Democratic Party
$29,038Democratic Party
$29,038
Mark HuntInvestments
Mark Hunt
Investments
Investments
Democratic Party
Democratic Party
$5,600Democratic Party
$5,600
Randall TalbotPresident
Randall Talbot
President
President
Republican Party
Republican Party
$5,500Republican Party
$5,500
David JohnsonEmployee Benefits Manager
David Johnson
Employee Benefits Manager
Employee Benefits Manager
Republican Party
Republican Party
$4,800Republican Party
$4,800
Benjamin LawentActuary
Benjamin Lawent
Actuary
Actuary
Democratic Party
Democratic Party
$3,675Democratic Party
$3,675
Lynette AckmanActuary
Lynette Ackman
Actuary
Actuary
Democratic Party
Democratic Party
$3,138Democratic Party
$3,138
Thomas MarraChief Executive Officer
Thomas Marra
Chief Executive Officer
Chief Executive Officer
Democratic Party
Democratic Party
$2,800Democratic Party
$2,800
Randy TalbotPresident
Randy Talbot
President
President
Republican Party
Republican Party
$2,000Republican Party
$2,000
Philip HughesActuary
Philip Hughes
Actuary
Actuary
Republican Party
Republican Party
$1,384Republican Party
$1,384
Gabriel MaxwellTechnical Business Analyst
Gabriel Maxwell
Technical Business Analyst
Technical Business Analyst
Democratic Party
Democratic Party
$1,202Democratic Party
$1,202
Show More

Symetra Financial Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

2004

Organization type

Public

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Symetra Financial Competitors

Based on our research, similar companies to Symetra Financial are CMFG Life Insurance Company, Allianz Life, and Highland Capital Holding. Employees at CMFG Life Insurance Company earn more than most of the competition, with an average yearly salary of $91,274. The employees at Allianz Life earn an average yearly salary of $79,043 per year, and the salaries at Highland Capital Holding average $74,857 per year.
Companydesc
Average Salarydesc
CMFG Life Insurance Company
Salary Range75k - 110k$91k$91,274
Allianz Life
Salary Range59k - 105k$79k$79,043
Highland Capital Holding Corporation
Salary Range52k - 106k$75k$74,857
AXA
Salary Range53k - 100k$73k$73,085
Phoenix Life Insurance
Salary Range51k - 95k$70k$69,937
Penn Mutual
Salary Range50k - 95k$70k$69,696
Prudential Financial
Salary Range44k - 91k$64k$64,013

J.P. Turner & Company

Salary Range42k - 93k$63k$63,343
John Hancock Life Insurance Company
Salary Range45k - 85k$62k$62,372
Massachusetts Mutual Life Insurance ...
Salary Range43k - 88k$62k$61,825
$30k
$110k

Frequently Asked Questions about Symetra Financial

When was Symetra Financial founded?

Symetra Financial was founded in 2004.

How many Employees does Symetra Financial have?

Symetra Financial has 1,250 employees.

How much money does Symetra Financial make?

Symetra Financial generates $2.1B in revenue.

What industry is Symetra Financial in?

Symetra Financial is in the insurance industry.

What type of company is Symetra Financial?

Symetra Financial is a public company.

Who are Symetra Financial's competitors?

Symetra Financial competitors include Massachusetts Mutual Life Insurance ..., Prudential Financial, Minnesota Life Insurance Company, Penn Mutual, Mutual of Omaha, Allianz Life, Highland Capital Holding, New York Life Insurance Company, Lincoln Life & Annuity Co of New York, John Hancock Life Insurance Company, RBC Insurance Holdings, Aon, FORETHOUGHT FINANCIAL GROUP, AXA, J.P. Turner & Company, AEGON Direct Marketing Services, CMFG Life Insurance Company, Phoenix Life Insurance, Ameritas, Great West Casualty Company.

Who works at Symetra Financial?

Randall Talbot (Founder)

Margaret Meister (ceo)

Where is Symetra Financial's headquarters?

Symetra Financial's headquarters is in Bellevue, WA.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Symetra Financial, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Symetra Financial. The employee data is based on information from people who have self-reported their past or current employments at Symetra Financial. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Symetra Financial and its employees or that of Zippia.

Symetra Financial may also be known as or be related to SYMETRA FINANCIAL CORP, Symetra, Symetra Financial, Symetra Financial Corp and Symetra Financial Corporation.