Symetra Life Insurance, a subsidiary of Symetra Financial Corporation, has selected Craig Raymond as its new senior vice president and chief strategy officer, effective from 17 September 2012.

Based in the greater Hartford, Connecticut, US, Raymond will report to Tom Marra, president and CEO of Symetra Financial Corporation.

In his new role as Symetra’s chief strategy officer, Raymond will be responsible for long-term strategic planning, business portfolio analysis, and mergers and acquisitions.

Raymond worked as chief risk officer and chief actuary at John Hancock Financial Services, and shepherded and supervised strategic, insurance, liquidity, credit, market and operational risks.

He has also worked with The Hartford serving in a variety of risk management and actuarial leadership roles, including chief actuary at Hartford Life.

Symetra Life Insurance caters employee benefits, annuities and life insurance through a national network of benefit consultants, financial institutions, and independent agents and advisors.