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Pension Risk Transfer Manager Jobs in New York (NOW HIRING)

Senior Risk Consultant

Manhattan, NY · On-site

$130 - $175/hr

... risk management in the current complex global business environment. SRC is a diverse team, with a ... Your modelling skills will be used to help clients quantify their risk and develop risk transfer ...

Senior Risk Consultant

Manhattan, NY · On-site

$130K - $175K/yr

... risk management in the current complex global business environment. SRC is a diverse team, with a ... Your modelling skills will be used to help clients quantify their risk and develop risk transfer ...

Develop reporting and dashboards for management and capital partners. Reinsurance & Capacity ... Support executive-level presentations and board materials related to risk transfer, capital ...

Showing results 41-60

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.

What are the most commonly searched types of Pension Risk Transfer jobs in New York?

The most popular types of Pension Risk Transfer jobs in New York are:

What are popular job titles related to Pension Risk Transfer Manager jobs in New York?

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

What job categories do people searching Pension Risk Transfer Manager jobs in New York look for?

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

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

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

Senior Risk Consultant

Willis Towers Watson

Manhattan, NY • On-site

$130 - $175/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 29 days ago


Willis Towers Watson rating

8.3

Company rating: 8.3 out of 10

Based on 44 frontline employees who took The Breakroom Quiz

36th of 154 rated financial services


Job description

Description

Strategic Risk Consulting (SRC) is a part of the wider Risk & Analytics division within Corporate Risk and Broking, which provides an integrated approach to risk management in the current complex global business environment. SRC is a diverse team, with a global footprint and consists of actuaries, engineers, natural catastrophe modelers and enterprise risk management specialists. SRC helps companies identify, quantify, and prioritize their major risks, and connect risk management decisions to corporate financial performance.

We have an exciting opportunity for a Senior Risk Consultant within our SRC practice. You will be at the forefront of innovation and technology and get involved in a wide range of fascinating projects.

You will lead the delivery of data-driven insightful analyses to some of the world’s largest and complex organizations. Your modelling skills will be used to help clients quantify their risk and develop risk transfer strategies that exploit arbitrage opportunities among mitigation, transfer, and retention levers and align risk decisions with financial strategy enhancing organizational resilience and maximizing performance.

If you enjoy being intellectually stimulated, working with people from different industries and backgrounds, and deploying state-of-the-art tools and technology, we want to meet with you.

The Role

  • Oversee and perform modeling analysis for clients’ risks by applying standard actuarial techniques as well as WTW proprietary tools

  • Ensure quality of work by participating in our peer reviewing process

  • Maintain a comprehensive audit trail for all analytical work

  • Present analytical results and recommendations to clients in a timely and professional manner

  • Ability to direct work for more junior colleagues and provide feedback and coaching

  • Develop a trusted advisor relationship with internal WTW client relationship managers through effective communication and quality execution of projects

  • Support the development of new business opportunities and enhancing existing relationships

  • Participate in Research & Development of new initiatives as required

Qualifications

The Requirements

  • 5+ years of risk/insurance analytic experience, actuarial experience desirable

  • Excellent communication and presentation skills

  • Ability to clearly explain technical concepts to different audiences

  • Client facing experience preferred

  • Good understanding of how insurance coverages operate

  • Work well in a team environment

  • Project management skills preferred

  • Well-organized, intellectual curiosity and positive attitude

  • Experience using AI models for project research

  • Proficiency in Microsoft Office, programming skills (R) desirable

Above all, you will be hungry to continue to grow your project management skills and to develop your business development and team management capabilities. You will also have the innovation and problem-solving abilities that are regularly required to design bespoke risk consulting solutions and models for our clients.

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $130,000.00-$175,000.00 USD annually. This role is also eligible for an annual short-term incentive bonus.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

  • Health and Welfare: Mental health/emotional wellbeing (including Employee Assistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identity theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance, and other work/life resources.
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (only included for Washington roles)
  • Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

EOE, including disability/vets

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