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Symetra

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Financial Servicesinsurancelife insurance
Symetra is a financial services company providing annuities, life insurance, and employee benefits. It offers fixed indexed, index-linked, fixed deferred, and income annuities, as well as permanent and term life insurance products. The company serves individuals and employers.
Revenue(FY, 2018)
$2.3 B

Employee Rating

3.4More
TypeSubsidiary
HQBellevue, WA, US
Founded1957
Websitesymetra.com
Cybersecurity ratingBMore
Symetra was founded in 1957 and is headquartered in Bellevue, WA, US

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Key People/Management at Symetra

Margaret A. Meister

Margaret A. Meister

President and Chief Executive Officer
Tommie D. Brooks

Tommie D. Brooks

Executive Vice President and Chief Financial Officer
Chantel L. Balkovetz

Chantel L. Balkovetz

Executive Vice President and Chief of Service and Operations
Mark E. Hunt

Mark E. Hunt

Executive Vice President and Chief Investment Officer
Jon S. Stenberg

Jon S. Stenberg

Executive Vice President, Individual Life Division
Anne-Marie Diouf

Anne-Marie Diouf

Senior Vice President and Chief Human Resources Officer
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Symetra Office Locations

Symetra has offices in Bellevue, Ashland, Enfield, Norcross and in 1 other location
Bellevue, WA, US (HQ)
777 108th Ave NE #1200
Ashland, WI, US
118 3rd St E
Enfield, CT, US
1 Corporate Rd
Norcross, GA, US
3740 Davinci Ct #350
Waltham, MA, US
275 2nd Ave #100
Show all (5)

Symetra Financials and Metrics

Summary Metrics

Founding Date

1957

Symetra Revenue

Symetra's revenue was reported to be $2.30 b in FY, 2018 which is a 7.4% decrease from the previous period.
Annual
USDFY, 2017FY, 2018

Revenue

2.5b2.3b

Revenue growth, %

17%(7%)

Operating expense total

1.6b1.5b

Depreciation and amortization

161.2m178.7m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

599.8m623.0m641.3m612.3m670.6m503.5m483.4m

Operating expense total

400.2m392.4m289.0m398.9m424.5m354.5m369.1m

Depreciation and amortization

40.8m43.4m34.9m25.4m44.3m49.6m49.7m

Interest expense

7.5m7.4m7.5m6.2m5.9m6.2m6.6m
show all
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

390.1m362.0m297.8m

Accounts Receivable

216.1m240.3m219.4m

Goodwill

563.0m563.0m563.0m

Total Assets

40.3b42.9b49.3b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

503.5m426.0m446.6m391.4m464.9m587.0m487.4m

Accounts Receivable

240.1m207.7m225.6m237.1m239.8m399.3m485.4m

Goodwill

563.0m563.0m563.0m563.0m563.0m563.0m563.0m

Total Assets

41.3b42.0b42.5b42.7b42.9b49.2b51.6b
show all
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

10.5m228.9m(61.8m)

Depreciation and Amortization

79.9m86.9m87.0m

Cash From Operating Activities

1.0b1.1b598.2m

Cash From Investing Activities

2.6b(2.0b)(2.2b)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

18.2m43.6m92.7m(26.5m)11.3m34.0m(115.3m)

Depreciation and Amortization

21.7m43.5m65.2m21.7m43.5m65.2m21.8m

Cash From Operating Activities

258.6m556.2m845.1m353.2m711.1m553.0m259.3m

Cash From Investing Activities

(561.9m)(1.2b)(1.6b)(456.0m)(942.4m)(1.1b)(877.7m)
show all
USDFY, 2016

Financial Leverage

10.5 x
Show all financial metrics

Symetra Operating Metrics

FY, 2018

Customers

2.60 m
Show all operating metrics

Symetra Acquisitions / Subsidiaries

Company NameDateDeal Size
Medical Risk Managers, Inc
Symetra Asset Management Company
Symetra Financial Corporation
Symetra Life Insurance Company
Symetra Securities, Inc.

Symetra Revenue Breakdown

Embed Graph

Symetra revenue breakdown by business segment: 35.9% from Individual Life , 64.7% from Benefits and -0.6% from Other

Symetra Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

Learn more about our premium products
SecurityScorecard logo

Symetra Online and Social Media Presence

Symetra's Trends

Embed Graph

Symetra Blogs

November 18, 2020

Symetra Demonstrates Why We All Need ‘Teammates’ in New Ad Campaign

November 11, 2020

Symetra Updates Voluntary Benefits Line with Enhanced Hospital Indemnity Product

November 09, 2020

Symetra Adds COVID-19 Deductible Savings Endorsement to Stop Loss Coverage

October 13, 2020

Symetra Supports Employees’ Participation in Election 2020 with Paid Time Off to Vote

October 12, 2020

Symetra Affirms Commitment to Diversity, Equity and Inclusion with Expanded Commitments to Racial Equity and Social Justice

August 18, 2020

Symetra Names Lori Black Vice President, National Voluntary Practice Lead

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 Symetra Frequently Asked Questions

  • When was Symetra founded?

    Symetra was founded in 1957.

  • Who are Symetra key executives?

    Symetra's key executives are Margaret A. Meister, Tommie D. Brooks and Chantel L. Balkovetz.

  • How many employees does Symetra have?

    Symetra has 1,799 employees.

  • What is Symetra revenue?

    Latest Symetra annual revenue is $2.3 b.

  • What is Symetra revenue per employee?

    Latest Symetra revenue per employee is $1.3 m.

  • Who are Symetra competitors?

    Competitors of Symetra include American National Insurance Company, Guardian Life and USAble Life.

  • Where is Symetra headquarters?

    Symetra headquarters is located at 777 108th Ave NE #1200, Bellevue.

  • Where are Symetra offices?

    Symetra has offices in Bellevue, Ashland, Enfield, Norcross and in 1 other location.

  • How many offices does Symetra have?

    Symetra has 5 offices.