Credit Analyst, Corporate Fixed Income - Hybrid

Symetra • Farmington, CT

5d • Hybrid

About The Position

As a Credit Analyst on Symetra Investment Management’s Investment Grade (IG) Corporate Credit team managing approximately $50 billion AUM, you will perform rigorous fundamental credit analysis and develop investment recommendations that drive portfolio performance across our general account and growing affiliated mandates. You will own coverage of issuers across one or more industry sectors, present credit ideas with a well-developed thesis, and partner directly with Portfolio Managers and Traders on new issue allocation, relative value, and ongoing surveillance. This role suits an analyst ready to begin primary sector coverage, or one that is ready to grow their coverage experience. This is a hybrid role based in our Farmington, CT office (eight days per month in office).

Requirements

• Bachelor’s degree in finance, economics, accounting, mathematics, or a related field is required.
• 3+ years of corporate credit research experience on the buy side or sell side.
• Demonstrated ability to support an investment thesis with both quantitative and qualitative evidence, and to communicate it with conviction in writing and in person.
• Comfort with uncertainty and the willingness to make recommendations that are well-reasoned but inherently incomplete — credit is decision-making under imperfect information.
• Strong fundamental analysis toolkit: financial statement analysis, cash flow modeling, capital structure, covenant analysis, and relative value frameworks (spread, spread duration, credit curves).
• Proficiency with Bloomberg and Microsoft Office (Excel, Word, PowerPoint).
• Intellectual curiosity, attention to detail, a high level of initiative, and a “get it done” work ethic that supports working under occasional inflexible deadlines.
• Ability to work cooperatively within a small team environment while interacting effectively with a broader group of investment professionals.
• High school diploma required.
• 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.

Nice To Haves

• MBA and/or CFA designation (or meaningful progress toward CFA) is preferred but not required.
• Experience covering multiple sectors is a plus.
• Familiarity with Power BI is a plus.
• Prior hands-on AI experience is a plus but not a requirement. We prefer someone who has a curiosity to use AI tools, a willingness to experiment, and an instinct to automate workflows and enhance the investment process.

Responsibilities

• Perform fundamental credit analysis on IG corporate issuers within an assigned sector coverage universe, including financial modeling, capital structure analysis, covenant review, and ESG/event risk assessment.
• Formulate and defend investment recommendations supported by a clearly articulated thesis, robust financial analysis, and scenario evaluations.
• Evaluate relative value across the curve, capital structure, and peer group, surface actionable trade ideas to Portfolio Managers and Traders.
• Participate actively in the new issue process, including reading prospectuses, assessing value, and providing real-time recommendations on primary market participation.
• Conduct ongoing surveillance of covered names, including earnings analysis, rating agency action, M&A and event-driven catalysts, and emerging credit risks (regulatory, secular, AI-driven disruption, etc.).
• Present credits at portfolio reviews and team meetings; produce concise, decision-ready written research.
• Maintain coverage models, comp sets, and surveillance dashboards — and continuously look for ways to automate the repetitive parts so your time goes to analysis and judgment.
• Collaborate with Portfolio Managers, Traders, and the broader Symetra investment department on portfolio construction, risk management, and client-facing materials.

Benefits

• Flexible full-time or hybrid telecommuting arrangements
• 401(k) plan and company matching up to 6%
• Paid time away including vacation and sick time, flex days and ten paid holidays
• Company matching for community contributions

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level