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Pension Risk Transfer Manager Jobs in Pennsylvania

M&G

Pensions Operations Analyst

Reading, PA

Our two distinct operating segments, Asset Management and Life, work together to provide access to ... Exposure to the fastgrowing UK Pension Risk Transfer market * Support for professional ...

AEG

Director, Risk Management

Conshohocken, PA · On-site

Essential Duties and Responsibilities • Review contractual indemnity and insurance language and review exception requests with VP-Risk Management • Ensure appropriate risk transfer mechanisms are ...

AEG Presents

Director, Risk Management

Conshohocken, PA · On-site

Essential Duties and Responsibilities • Review contractual indemnity and insurance language and review exception requests with VP-Risk Management • Ensure appropriate risk transfer mechanisms are ...

Clark Associates

Director of Risk

Lancaster, PA · On-site +1

... transfer approaches. * Partner with Legal to support negotiations and advise on insurability and risk allocation. Claims Oversight: Product Liability & Workers' Compensation * Lead management of ...

City of State College, PA

RISK MANAGER

State College, PA · On-site

$70.72K - $88.40K/yr

Risk Manager Location: State College Municipal Building Starting Salary Range: $70,720 to $88,400 Position includes Competitive Benefits (Health, Dental, Vision, Life Insurance), 401 Pension Plan ...

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Pension Risk Transfer Manager information

What are the key skills and qualifications needed to thrive as a Pension Risk Transfer Manager, and why are they important?

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 are Pension Risk Transfer Managers?

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 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 Pennsylvania? The most popular types of Pension Risk Transfer jobs in Pennsylvania are:
What are popular job titles related to Pension Risk Transfer Manager jobs in Pennsylvania? For Pension Risk Transfer Manager jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Pension Risk Transfer Manager jobs in Pennsylvania look for? The top searched job categories for Pension Risk Transfer Manager jobs in Pennsylvania are:
What cities in Pennsylvania are hiring for Pension Risk Transfer Manager jobs? Cities in Pennsylvania with the most Pension Risk Transfer Manager job openings:
Pension Risk Transfer Manager jobs near you
Infographic showing various Pension Risk Transfer Manager job openings in Pennsylvania as of May 2026, with employment types broken down into 84% Full Time, 5% Temporary, and 11% Contract. Highlights an 84% In-person, and 16% Remote job distribution.
Pensions Operations Analyst

Pensions Operations Analyst

M&G

Reading, PA

Full-time

Medical, Life, PTO

Posted 9 days ago

Job description

Our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Pensions Operations Analyst - Pension Risk Transfer (PRT)

Pension Risk Transfer (PRT) is a division within M&G Life, responsible for the design and delivery of bulk purchase annuities and alternative derisking solutions for Defined Benefit pension schemes. Due to continued growth and a strong future pipeline, the team is expanding across several areas.

We are seeking a Pensions Operations Analyst to support both the development and implementation of new PRT propositions, as well as the ongoing operational delivery of existing contractual arrangements. This role offers an excellent opportunity for someone with strong analytical skills who is looking to build a career within pensions, insurance, and bulk annuities.

Key Responsibilities

The role covers two main areas: new business support and ongoing operational delivery.

New Business & Proposition Development

  • Support the development and implementation of new PRT propositions and operating models
  • Act as an operational point of contact for queries relating to new business transactions
  • Carry out operational due diligence on new business transactions to assess nonfinancial risks
  • Support implementation activities, ensuring smooth onboarding of new schemes
  • Provide reporting and analysis to support decisionmaking, including input into risk premium assessments

Ongoing Operational Delivery

  • Assist with the delivery and ongoing operation of the PRT operational model
  • Manage monthly and quarterly scheme reporting requirements
  • Reconcile pension data and payrolls on a regular basis, ensuring policyholders are paid accurately and on time in line with scheme rules
  • Liaise with outsourced pension administration partners to ensure a high standard of service delivery
  • Identify opportunities for continuous improvement and support innovation within operational processes

Knowledge, Skills & Experience

  • Strong Maths and English Alevel, STEM Degree preferable
  • Analytical mindset with strong problemsolving skills
  • High level of attention to detail and accuracy
  • Effective written communication skills
  • Professional approach, with a high degree of honesty, integrity, and discretion
  • A genuine interest in delivering a strong customer journey desirable but not essential
  • Experience using Microsoft Excel and Word
  • Experience of reconciliation / data analysis, desirable but not essential
  • Knowledge of Financial Services, Insurance, or Pensions, desirable but not essential

What This Role Offers

  • Exposure to the fastgrowing UK Pension Risk Transfer market
  • Support for professional qualifications
  • Structured learning and development within a supportive team
  • Opportunities to build technical knowledge in pensions and bulk annuities
  • Career progression within PRT, Operations, or wider M&G Life function

Location: Reading

Work Level: Colleague

Recruiter: Amy Curtis

Closing Date: 5th June 2026

What we offer:

At M&G, we're committed to helping you thrive and supporting your wellbeing, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, while planning confidently for your future. Our UK benefits include:

  • As a savings and Investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services - to help give you real confidence to put your money to work.

  • Enjoy 38 days annual leave including bank holidays, with the opportunity to purchase up to 5 extra days and additional flexibility through our Time Off When You Need It policy - to balance your work and personal commitments.

  • Our market leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - as supporting families is a core aspect of our inclusive culture.

  • Health & Protection cover including Private Healthcare, Critical Illness cover and Life Assurance for you, with family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

We have a diverse workforce and an inclusive culture at M&G, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader, and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions.

Ifyou need assistanceor an alternative means of applying for a role due to a disability or additional need,pleaselet usknow by contacting us at: careers@mandg.com

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