Counsel - Remote

Symetra has an exciting opportunity to join our Investment Management Team as a Counsel - Investments.

About The Role

Counsel – Investments will provide legal transactional support for various asset classes and general legal support for various investment functions. This position requires a solid foundation of investment law. Attorney will also be responsible for supporting day-to-day legal and compliance matters.

About The Company

Symetra Investment Management (“SIM”) is a SEC-registered investment advisory firm with approximately $75 billion in assets under management as of December 31, 2023. Symetra Financial Corporation (“SFC”), a diversified financial services company with $59 billion in assets as of December 31, 2022, 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 approximately 1.7 million customers and over 2,200 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 $319 billion of assets as of March 31, 2023. SIM currently plans to enter the third-party investment management market in the short to intermediate term.

What You Will Do

• Knowledge of pertinent private investments (private placements and funds/ co-investments), fund formation, liquid traded debt, derivatives, and/ or securities regulatory laws, and applicable documentation.
• Responsible for interaction with internal and external constituents, including senior management, on various legal issues, including those of a complex nature, with a focus on private investments.
• Responsible for managing projects and supporting others on various legal issues, including those of a complex nature.
• Will be required to perform the following:
• Draft and review a variety of contracts and agreements, including loan documents, private placement note purchase agreements, private fund/ CLO formation documents, private fund investment documents, procurement related agreements, and NDAs.
• Provide regulatory support (including using external resources) appropriate for a registered investment adviser.
• Assist in analyzing new product ideas or sophisticated corporate projects.
• Provide advice to operational and/or shared services regarding legal issues.
• Research and provide timely advice on applicable legal issues.
• Participate in management and other meetings.
• Assist senior attorneys on a variety of matters and work well in cross-functional teams and be accountable for advice and meeting deadlines.
  

Requirements

• Juris doctor degree from an accredited law school.
• 3 or more years working for private law firm, in-house and/ or regulatory agency.
• Familiarity working with an investment adviser, life insurance company or multinational company (directly or as clients) preferred.
• Ability to provide business focused legal advice and guide internal clients to make risk-based decisions.
• Private Investment, Fund Formation, Liquid Traded Debt, Derivatives, or Investment Regulatory Legal experience.
• Bar admission required (with ability to secure CT house counsel status or CT bar admission within 6 months of commencing work).
• Understanding of securities laws and investment management industry and the competitive environment.
• Advanced analytical and communication skills. Dependable team player and able to be cool under pressure. Ability to handle multiple projects effectively. Ability to work on complex legal issues. Ability to deal effectively with clients, including senior management.
  
  

What We Offer You

Benefits and Perks

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: $140,000 - $190,000 plus eligibility for annual bonus program