Company Profile

Symetra's been around for more than 50 years. We're experienced, stable, financially strong – just what you need from an insurance company. But there's more to us than that. We're a company on the rise. Energetic, growing, transparent. A company passionately committed to making things a little easier – a little clearer – in an industry known for its complexity.

Headquartered in Bellevue, Wash., Symetra Financial Corporation is a diversified financial services company with $53.4 billion in assets at June 30, 2019 and approximately 2.6 million customers and over 1,700 employees nationwide at the end of 2018.

We offer an array of employee benefits, annuities and life insurance products through four business segments:

  • Benefits: medical stop-loss insurance, limited benefit medical plans, and group life, accidental death and dismemberment insurance and disability income insurance to employer groups.
  • Deferred Annuities: fixed and variable deferred annuities, including tax-sheltered annuities, individual retirement accounts (IRAs) and group annuities to qualified 401(k), 403(b) and 457 retirement plans.
  • Income Annuities: single-premium immediate annuities (SPIAs) and single-premium deferred-payout annuities.
  • Individual Life: term, universal and variable life insurance, as well as bank-owned life insurance (BOLI) and corporate-owned life insurance (COLI).

We sell our products through a national network of benefits consultants, financial institutions and independent agents and financial advisors.
With our focus on an innovative, balanced product mix – backed by a history of performance and integrity – Symetra is committed to creating value for our customers and distribution partners.

Symetra's parent company, Sumitomo Life, is one of the largest life insurance companies in Japan with over 100 years of operating history. Together Sumitomo Life and Symetra have total assets of over $300 billion (as of March 31, 2019).

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