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 46.1% female and 32.3% 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 72.4%. 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 3.2 years. The average employee at Symetra Financial makes $64,552 per year. In comparison, some of its highest paying competitors, like Prudential Financial, Massachusetts Mutual Life Insurance ..., and New York Life Insurance Company, pay $81,892, $80,088, and $74,403, 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

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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 #12 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.

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Symetra Financial Salaries

How much does Symetra Financial pay?
The national average salary for a Symetra Financial employee in the United States is $64,552 per year. Employees in the top 10 percent can make over $110,000 per year, while employees at the bottom 10 percent earn less than $37,000 per year.
9.7
Salary Score
Average Employee Earnings

Symetra Financial Salaries By Job Title

While the average employee salary at Symetra Financial is $64,552, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Symetra Financial include Network Security Engineer, National Sales Director, Module Lead, and Informatica Consultant. A typical Network Security Engineer salary at Symetra Financial is $106,784. Some of the other roles at Symetra Financial are Marketing Internship and Customer Service Representative. A worker with the title Marketing Internship at Symetra Financial earns an average salary of $31,095 per year.

Symetra Financial careers

On average, employees at Symetra Financial stay with the company for 3.2 years. Employees most commonly join Symetra Financial after leaving Microsoft. When they leave Symetra Financial, they most frequently get their next job at Robert Half International.

Average Length of Employment
MetLife3.7 years

Symetra Financial

3.2 years
Top Employers Before Symetra Financial
Microsoft16.9 %
MetLife10.6 %
US Army6.8 %
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Top Employers After Symetra Financial
Microsoft11.6 %
Boeing8.7 %
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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

How Would You Rate The Company Culture Of Symetra Financial?

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Symetra Financial Competitors

Based on our research, similar companies to Symetra Financial are Prudential Financial, Massachusetts Mutual Life Insurance ..., and New York Life Insurance Company. The wages at Prudential Financial average higher than the other similar companies, where the median salary is $81,892 per year. The employees at Massachusetts Mutual Life Insurance ... earn an average yearly salary of $80,088 per year, and the salaries at New York Life Insurance Company average $74,403 per year.

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 Selective Insurance, Prudential Financial, MetLife, Lincoln National, New York Life Insurance Company, Mutual of Omaha, Massachusetts Mutual Life Insurance ..., Allianz Life, John Hancock Life Insurance Company, Protective Life, Transamerica Advisors Life Insurance Company, Sun Life Financial, Blue Cross and Blue Shield of Florida, Wellmark, CUNA Mutual Investment, Phoenix Life Insurance, Trustmark, Chubb Insurance Company of New Jersey, AEGON Direct Marketing Services, Sammons Financial Group.

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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You can find out what it is like to work at Symetra Financial, also known as SYMETRA FINANCIAL CORP, Symetra, Symetra Financial, Symetra Financial Corp and Symetra Financial Corporation.

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.