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Pension Risk Transfer Manager Jobs in Rensselaer, NY

Sr.ETL Developer

Albany, NY ยท On-site

$50.75 - $66.25/hr

... chain management, e-commerce solutions, and B2B public exchanges and B2B process integration ... Work in our fast-paced investments and risk technology team with minimal oversight over the ...

Supervising Actuary Casualty, M-4

Albany, NY ยท On-site

$127K - $160K/yr

Provides advice on actuarial issues such as risk transfer, cash flow, and discounting; Represents ... Prepares various measures of capital adequacy for review by senior management; and Testifies before ...

Supervising Actuary Casualty, M-4

Albany, NY ยท On-site

$127K - $160K/yr

... as risk transfer, cash flow, and discounting; โ€ข Represents the agency on matters involving ... management; and โ€ข Testifies before State and federal governmental bodies as an expert on ...

Performs other functions as assigned by management. Level II (in addition to Level I ... Develops strategies to mitigate risk and translates those strategies into specific action plans.

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Pension Risk Transfer Manager information

See Rensselaer, NY salary details

$51.1K

$110.8K

$168.8K

How much do pension risk transfer manager jobs pay per year?

As of Jul 27, 2026, the average yearly pay for pension risk transfer manager in Rensselaer, NY is $110,758.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,400.00 and $128,100.00 per year, depending on experience, location, and employer.

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 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 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 cities near Rensselaer, NY are hiring for Pension Risk Transfer Manager jobs? Cities near Rensselaer, NY with the most Pension Risk Transfer Manager job openings:
Senior Property & Casualty Risk Consultant

Senior Property & Casualty Risk Consultant

Community Financial System, Inc.

Schenectady, NY โ€ข On-site

$72K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 26 days ago


Job description

Overview
At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.
Just as our employees are committed to helping our customers manage their finances, we're committed to our employees. After all, they make it happen for our customers every day.
To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.
Responsibilities
Responsibilities:
The Senior Risk Management Consultant provides strategic risk assessments and consultation to OneGroup clients across all industries, with specialized expertise in property & casualty liability risk. This role collaborates with client management and OG Risk Advisors to develop innovative risk management solutions for large and complex organizations, reflecting the latest practices and regulatory requirements in the insurance and consulting industries. The consultant also participates in the management and coordination of carrier services for large clients and may assume supervisory responsibilities for other risk management staff as directed by the VP Risk Management Services.
Essential Duties:
  • Conduct safety management and risk management assessments of client and prospect organizations.
  • Perform in-depth loss analytics on performance and experience data.
  • Conduct property liability risk assessments and develop mitigation strategies tailored to client needs.
  • Advise clients on emerging trends, regulatory changes, and best practices in property liability and insurance consulting.
  • Actively participate in the account acquisition process, sometimes in non-traditional roles.
  • Build and implement Client Service Plans targeting frequency reduction and loss mitigation.
  • Engage in marketing activities to promote capabilities, products, and services.
  • Participate in claim reviews and consultation to promote risk management opportunities.
  • Efficiently manage a consulting book of business.
  • Collaborate with carriers and industry partners to ensure risk management solutions are aligned with current market standards.
  • Execute administrative and expense procedures as directed.
  • Continuously build and develop consultative and technical skills.
  • Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner.

Qualifications
Qualifications:
Education:
  • Bachelor's degree required, with a focus on risk management, safety, engineering, business, or related field.
  • Master's degree or equivalent in related field of study preferred.

Professional Certifications/Licenses:
  • CSP, ARM, ALCM certifications are a plus

Experience/Skills
  • 5+ years' experience in large account risk management consulting, safety management consulting, property liability risk assessment, or related experience required.
  • Demonstrated expertise in property liability risk management, including current insurance industry practices and consulting methodologies.
  • Excellent interpersonal communication and relationship-building skills, including strong consulting skills.
  • Solid understanding and ability to apply business principles relating to risk management.
  • Excellent writing skills.
  • Solid statistical analysis skills.
  • General occupational safety, compliance, and program safety skills related to health care, manufacturing, municipalities, and/or construction industries.
  • Exceptional skills related to Property & Casualty Liability.
  • Proficiency in Microsoft Word, Excel, and PowerPoint.
  • Ability to work independently with minimum oversight.
  • Must possess a valid driver's license and clean motor vehicle record.
  • Willingness to travel, including overnight, as required.
  • All applicants must be 18 years of age or older.

Other Job Information
Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.
The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.
The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.
Minimum
USD $72,000.00/Yr.
Maximum
USD $124,686.00/Yr.