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Symetra Financial Corporation · Bellevue, WA United States ·(NYSE: SYA)

Company Description

777 108th Ave. NE Ste. 1200
Bellevue, WA
98004
United States (Map)
Phone: 425-256-8000
Fax: 425-256-5737
Toll Free: 800-796-3872
    Symetra Financial seeks a symmetrical balance of work, retirement, and life insurance products. The holding company's subsidiaries offer life insurance, annuities, retirement plans, and employee benefit plans to some 3 million customers throughout the US. Its workplace products include such goodies as medical stop-loss insurance, disability insurance and group annuities. These products are distributed by brokers, independent agents, and third-party administrators. For individual consumers, Symetra offers annuities, individual retirement accounts, and life insurance sold through banks. To read the full description, subscribe now.
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    Key Symetra Financial Corporation Financials

    Company TypePrivate - NYSE: SYA

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$1,451.1
    2008 Employees1,150

    Symetra Financial Corporation Executives

    23 executives listed for Symetra Financial Corporation's Bellevue, WA location.
    TitleName & BioContact
    ChairmanLowndes SmithNetwork
    Vice ChairmanLois GradyNetwork
    President, CEO, and DirectorRandall TalbotNetwork

    Competition

    Competitive Landscape for Symetra Financial Corporation
    Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
    Top Symetra Financial Corporation Competitors
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