Compliance Analyst II

Symetra is seeking a Compliance Analyst II, to join our AML Compliance Department. This role supports the execution, maintenance, and continuous improvement of Symetra’s Anti-Money Laundering (AML) and OFAC compliance programs to include its subsidiaries. The position plays a key role in identifying, assessing, and mitigating financial crimes risks across the organization and partners closely with business and operational teams to ensure compliance with regulatory requirements applicable to a life insurance company.

This role is well suited for an experienced AML professional with an insurance background, exposure to high-net-worth and foreign national risks, and the ability to analyze large data sets and leverage technology to drive risk-based outcomes.

What you will do:

Support the implementation of AML and OFAC compliance policies, procedures, and controls in accordance with regulatory requirements and life insurance industry best practices.

Perform monitoring, investigation, and documentation of suspicious activity, including alert review, case investigations, customer due diligence, sanctions screening results, and preparation of suspicious activity reports or referrals.

Analyze large volumes of data from multiple sources to identify trends, anomalies, and potential financial crimes risks, using technology and system tools to support efficient and effective reviews.

Partner with cross-functional stakeholders such as New Business, Operations, Technology, Legal, Risk Management, Special Investigations, Investments, and Finance to provide AML and OFAC guidance and ensure compliance considerations are embedded into business processes and system design.

Provide subject matter guidance to first-line teams on AML, OFAC, and financial crimes requirements, red flags, and escalation expectations, with particular focus on insurance-specific and high-risk customer activity.

Participate in enterprise and compliance-led initiatives related to financial crimes, regulatory change management, data and technology enhancements, and program effectiveness.

Escalate identified risks, issues, or potential violations in a timely and well-documented manner, providing clear analysis and recommended actions.

Who you are

Five or more years of experience in AML, OFAC, or financial crimes compliance, preferably within the insurance industry or a similarly regulated financial services environment.

Experience supporting AML and OFAC compliance for life insurance products, including exposure to high-net-worth individuals, foreign national customers, enhanced due diligence considerations and data review and analysis.

Strong working knowledge of financial crimes regulatory requirements applicable to life insurance companies, including the Bank Secrecy Act, USA PATRIOT Act, FinCEN guidance, OFAC regulations, and relevant state insurance fraud and financial exploitation requirements.

Demonstrated experience analyzing large data sets and using technology-enabled tools to identify, assess, and document financial crimes risks.

Hands-on experience performing AML investigations, sanctions screening reviews, risk assessments, controls testing, quality assurance activities and SAR filings.

Strong analytical, organizational, and problem-solving skills, with the ability to manage complex information and exercise sound judgment.

Excellent written and verbal communication skills, including the ability to articulate complex or sensitive issues in a clear and constructive manner.

High level of personal integrity, professionalism, and commitment to confidentiality and ethical decision-making.

Proficiency with Microsoft Office applications, including Excel, PowerPoint, Word, Teams, OneDrive, and SharePoint; experience with AML case management and sanctions screening systems preferred.

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