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Pension Risk Transfer Manager Jobs in Georgia (NOW HIRING)

Risk and Insurance Owner: Designs and manages the company's insurance portfolio and risk transfer strategy, partnering with operations and commercial teams to protect the business * Employment ...

Senior Manager, Insurance

Atlanta, GA · On-site

$130 - $180/hr

## Senior Manager, InsuranceApplyremote type: Office - Flexiblelocations: Georgia - Atlantatime type ... optimal risk retention and transfer strategies.* Lead annual renewal negotiations, market ...

Clinical Risk Manager

Alpharetta, GA · Hybrid

$84K - $140K/yr

... based risk transfer, working to make the world more resilient. We anticipate and manage a wide ... variety of risks, from natural catastrophes and climate change to cybercrime. Combining experience ...

Showing results 21-40

Pension Risk Transfer Manager information

What is a pension risk transfer manager?

Pension Risk Transfer Managers are professionals who oversee the process of transferring pension liabilities from a company's balance sheet to an insurance company or other financial institution. They help organizations manage and reduce the financial risks associated with defined benefit pension plans by facilitating transactions such as buyouts or buy-ins. These managers are responsible for evaluating pension plans, coordinating with stakeholders, and ensuring that the transfer process complies with regulations and meets the needs of both the plan sponsor and participants.

What are the key skills and qualifications needed to thrive as a pension risk transfer manager?

To thrive as a Pension Risk Transfer Manager, you need expertise in pension plan structures, actuarial analysis, financial risk assessment, and typically a background in finance, actuarial science, or a related field. Familiarity with pension management software, actuarial modeling tools, and regulatory compliance systems is crucial, along with credentials such as ASA, FSA, or CFA. Strong project management, negotiation, and client relationship skills help you navigate complex transactions and communicate effectively with stakeholders. These skills ensure the accurate assessment and successful execution of pension risk transfer deals, safeguarding client interests and regulatory compliance.

What are some common challenges faced by a pension risk transfer manager during the execution of transactions?

A Pension Risk Transfer Manager often navigates complex regulatory requirements, tight transaction timelines, and the need to align multiple stakeholders, including plan sponsors, actuaries, and legal advisors. Managing sensitive data and ensuring accurate valuation of pension liabilities are critical, as errors can impact both financial outcomes and participant security. Effective communication, attention to detail, and problem-solving skills are essential to anticipate and address issues that may arise during the transfer process.

What is the difference between Pension Risk Transfer Manager vs Pension Actuary?

AspectPension Risk Transfer ManagerPension Actuary
CredentialsTypically requires actuarial certifications (e.g., ASA, FSA) and industry experienceRequires actuarial credentials (e.g., ASA, FSA) and often a state license
Work EnvironmentFocuses on managing pension risk transfer deals, client interactions, and project executionInvolves risk assessment, modeling, and valuation work within insurance or consulting firms
Industry UsageCommon in pension risk transfer, insurance, and consulting firmsWidely used in insurance companies, consulting firms, and government agencies

The main difference is that Pension Risk Transfer Managers oversee pension buyouts and risk transfer projects, focusing on deal execution and client management, while Pension Actuaries perform detailed risk assessments, valuations, and modeling to support these transactions. Both roles require actuarial credentials but differ in daily responsibilities and focus areas.

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For Pension Risk Transfer Manager jobs in Georgia, the most frequently searched job titles are:

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The top searched job categories for Pension Risk Transfer Manager jobs in Georgia are:

What cities in Georgia are hiring for Pension Risk Transfer Manager jobs?

Cities in Georgia with the most Pension Risk Transfer Manager job openings:

Full-time

Re-posted 12 days ago


AIG rating

8.4

Company rating: 8.4 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

120th of 311 rated insurance


Job description

Who We Are
American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses protect their assets and manage risks.
Get to know the business
General Insurance is a leading provider of insurance products and services for commercial insurance customers. It includes one of the world's most far-reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.
Risk Consulting at AIG
AIG Risk Consulting helps AIG's Underwriting teams identify, understand, and mitigate risk to the portfolio and to individual accounts. Our people provide in-depth research and analysis of the issues our insureds face and provide guidance for our Underwriting teams so they can better shape insurance programs. We develop intelligence on historical loss drivers, and we stay on top of the latest emerging risk issues that could become claims activity. We are reimagining how we help the organization manage risk, transforming our operating model and getting better every day about serving our customers and stakeholders.
In addition to Underwriter support, Risk Consultants work directly with clients to identify and mitigate risks to their business such as worker's compensation, auto or fleet liability, and premises and products liability. When you join AIG's Risk Consulting team, you are joining a team that is pivotal to developing and executing on AIG's strategy to be the leading insurance company, standing by our insureds for the next hundred years.
About the role
The Casualty Risk Consulting team of AIG has an opportunity for a Casualty Risk Consultant in our Atlanta, GA office.
  • This loss control position will work closely with AIG Underwriters to evaluate the operations, controls, and safety culture of various accounts with worker's compensation, commercial auto liability, and general liability exposures and provide detailed written reports to help underwriting make informed decisions regarding risk transfer.

  • The position also calls for the ability to work directly with insureds on worker safety programs, premises exposures, and product liability. This includes conducting casualty loss prevention surveys remotely and on-site at industrial and commercial facilities, including:
    • Identify operational hazards and assess the adequacy of the controls
    • Analyze of downstream risks of products to users/customers
    • Identify and assess off-site exposures for various assets within a portfolio
    • Identify exposures/risk within supply chain
    • Conduct plan reviews
    • Evaluate claims data and work with our analytics team to develop insights and potential action plans
    • Document survey results and provide opinion of risk/recommendations to both underwriting and clients
    • Provide documentation for underwriting files meeting state regulatory and AIG auditing guidelines
  • While the position's focus is support for AIG's Primary Casualty lines (WC/AL/GL), there will also be opportunities to partner with Underwriting and Risk Consulting personnel in Environmental, Excess Casualty, and other lines of business.
  • Travel: up to 25%

What we're looking for:
  • Minimum of a Bachelor's degree
  • Minimum of (1) years of experience in at least one of the following areas: insurance loss control; manufacturing or energy industry; or environmental, health & safety (EHS) management.
  • Strong verbal, written and analytic skills.
  • Highly motivated and work well independently. The individual must be able to make decisions with and without established guidelines and to provide technical support to underwriters and clients.
  • Must be able to manage outside contractors/vendors, which AIG uses to conduct some of the on-site and/or specialized worker safety loss control and regulatory tasks.
  • Must be a team-player able to work with individuals across AIG on diverse projects.
  • Ability to complete assignments on-time.
  • Excellent interpersonal and communications skills.
  • Computer skills with knowledge in Microsoft Office products including Word, Excel, PowerPoint, Teams and Outlook.
  • Ability to prepare and make presentations to internal and external clients both in-person or on camera with web-based applications.
  • Familiarity with state insurance regulatory requirements and/or the state and federal litigation system.

The base salary range for this position is $67,500-$99,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.Your actual compensation will be dependent on your skills, experience, and qualifications. If your compensation expectations are above the posted range, we still encourage you to apply-your unique background matters to us. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: US Benefits Overview.
#LI-RG1
At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.
Enjoy benefits that take care of what matters
At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family.
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of inclusion
We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com.
Functional Area:
UW - Underwriting
National Union Fire Insurance Company of Pittsburgh, Pa.

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About AIG

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American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1919