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Pension Risk Transfer Manager Jobs in Rensselaer, NY

Project Manager 1

Albany, NY · On-site

$66K - $85K/yr

... plans, risk plans, and communication plans Project Manager Trainee 2, NS (equivalent to SG-16 ... TRANSFER: Candidates must have one year of permanent competitive or 55-b/c status in the posted ...

Asset Quality Manager

Schenectady, NY · On-site

$82K - $110K/yr

Administer non-accrual, charge-off, and high-risk loan identification processes. * Develop and ... Coordinate transfer documentation and portfolio disposition activities. * Develop & administer the ...

Asset Quality Manager

Schenectady, NY · On-site

$83 - $111/hr

Administer non-accrual, charge-off, and high-risk loan identification processes. Develop and ... Coordinate transfer documentation and portfolio disposition activities. Develop & administer the ...

New

Asset Quality Manager

Schenectady, NY · On-site

$82K - $110K/yr

Administer non-accrual, charge-off, and high-risk loan identification processes. * Develop and ... Coordinate transfer documentation and portfolio disposition activities. * Develop & administer the ...

Project Manager 2

Albany, NY · On-site

$86K - $109K/yr

Perform risk management throughout the project lifecycle and escalate as appropriate. Manage ... Transfer: Candidates must have one year of permanent competitive or 55-b/c status in the posted ...

Associate Actuary Life, SG-24

Albany, NY · On-site

$91K - $115K/yr

... and risk management. Minimum Qualifications Appointment method: Minimum Qualifications: On or ... Information regarding transfer eligibility may be available on the Civil Service Career Mobility ...

Associate Actuary Life, SG-24

Albany, NY · On-site

$91K - $115K/yr

... and risk management. Minimum Qualifications Appointment method: Minimum Qualifications: On or ... Information regarding transfer eligibility may be available on the Civil Service Career Mobility ...

Showing results 21-40

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 Aug 20, 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 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 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:

Project Manager 1

New York State

Albany, NY • On-site

$66K - $85K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago


New York State rating

7.7

Company rating: 7.7 out of 10

Based on 187 frontline employees who took The Breakroom Quiz

24th of 50 rated states


Job description

Duties Description The Office for People With Developmental Disabilities (OPWDD) Enterprise Project Management Office (EPMO) is seeking a Project Manager 1 to assist with complex projects across the organization. Under the direction of a Project Manager 2, the incumbent will assist with projects through the full project lifecycle and will be responsible for creating and maintaining project documentation. The incumbent will develop detailed scope statements, document project requirements, develop project work plans, and coordinate project activities.

This will be a collaborative role, working directly with other project and portfolio managers, as well as divisions across the organization. Duties and responsibilities include but are not limited to: Assist with coordinating multiple complex agency-wide projects or components of projects. Assist with or develop project charters.

Coordinate, facilitate and/or participate in needed meetings. Responsible for drafting detailed agendas, meeting notes, and other project documentation. Assist or develop scope documents, workplans and timelines.

Manage and monitor project tasks. Assist in developing, managing and monitoring communication plans. Assist in identifying and documenting potential risks and creating plans if they occur.

Maintain project records, track timelines and develop status reports. Manage, edit, and track applicable deliverables and work products. Assist with change management activities.

Assist in developing business requirements documentation. Maintain project resource libraries. Assist in planning and coordination of transitioning project to ongoing operations.

Attend appropriate courses, conferences, forums, and webinars to advance knowledge and understanding in management tools and techniques and learn about best practices. *Telecommuting to be discussed at interview. LinkedIn: https://www.linkedin.com/company/nys-office-for-people-with-developmental-disabilities/posts/?feedView=all #LI-JB2 Minimum Qualifications OPEN COMPETITIVE: Project Manager Trainee 1, NS (equivalent to SG-14): Four years of experience years of experience in project management which must have included planning and at least three other of the management process groups: origination (including governance work intake, portfolio management, capacity demand planning); initiating; executing; controlling; and, closing; and the development of project management deliverables, such as scope statements, schedules, budgets, quality plans, risk plans, and communication plans

Project Manager Trainee 2, NS (equivalent to SG-16): Five years of experience years of experience in project management which must have included planning and at least three other of the management process groups: origination (including governance work intake, portfolio management, capacity demand planning); initiating; executing; controlling; and, closing; and the development of project management deliverables, such as scope statements, schedules, budgets, quality plans, risk plans, and communication plans. Project Manager 1, SG-18: Six years of experience years of experience in project management which must have included planning and at least three other of the management process groups: origination (including governance work intake, portfolio management, capacity demand planning); initiating; executing; controlling; and, closing; and the development of project management deliverables, such as scope statements, schedules, budgets, quality plans, risk plans, and communication plans. SUBSTITUTION: An associate degree may substitute for two years of experience; a bachelor's degree may substitute for four years of experience; a master's degree may substitute for five years of experience; and a doctorate may substitute for six years of experience.

COMPETITIVE: Candidates must be reachable for appointment on the current Civil Service Eligible List or the Professional Career Opportunities (PCO) Eligible List for this title. TRANSFER: Candidates must have one year of permanent competitive or 55-b/c status in the posted title and be eligible for lateral transfer; OR be eligible to transfer via Section 70.1, 70.4, or 52.6 of Civil Service Law. The transfer cannot be a second consecutive transfer resulting in an advancement of more than two salary grades

To determine if your current Civil Service title is eligible for transfer to this title, visit the Career Mobility GOT-IT website https://careermobilityoffice.cs.ny.gov/cmo/gotit/index.cfm. 55 B/C QUALIFICATIONS: Possess the minimum qualifications for this title as established by the Department of Civil Service and listed on the most recent exam announcement. Meet the applicable minimal mental and/or physical requirements for the job (with a reasonable accommodation, if necessary) Have a current Eligibility Letter from the NYS Department of Civil Service, www.cs.ny.gov/rp55/, and be able to provide it to the Human Resources Office upon request

Preferred Qualifications: Understanding of project management principles and methodologies. Experience in developing and utilizing project management tools and techniques. Demonstrate the ability to manage multiple priorities.

Demonstrate strong critical thinking skills. Additional Comments This title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS). HELPS Program titles may be filled via a non-competitive appointment.

This means that you do not need to take an exam to qualify, but you do need to meet the minimum qualifications of the title. At a future date (within one year of permanent appointment), employees hired under NY HELPS are expected to have their permanent non-competitive employment status converted to permanent competitive status. You will not have to take an exam to gain permanent competitive status.

Appointments may also be made at the Project Manager Trainee levels. Candidates hired at the entry-level title (Project Manager Trainee 1) may be advanced to the full-performance level (Project Manager 1) following satisfactory completion of two-years of service. Salary range listed below encompasses the hiring rate of a Project Manager Trainee 1 through the job rate of a Project Manager 1.

Project Manager Trainee 1: $53,764* Project Manager Trainee 2: $59,994* Project Manager 1: $66,951* - $85,138* If you are currently a New York State employee serving in a permanent competitive qualifying title and eligible for a transfer via Section 70.1 or 52.6 of the Civil Service Law, you may be appointed to this title as a permanent competitive employee. The assignment of PS&T employees will be made in accordance with any agreed upon Memorandum of Understanding between PEF and the local DDSO regarding the posting of job vacancies. Preference will be given to OPWDD employees impacted by closures

If you are being impacted by closure, please indicate this on your resume. All OPWDD employees must be eligible and maintain eligibility for full and unconditional participation in the Medicare and Medicaid programs. Continued employment will depend on maintaining eligibility.

If you are employed by state government you may be able to receive loan forgiveness under the Public Service Loan Forgiveness Program (PSLF). The PSLF Program forgives the remaining balance on Direct Loans after 120 qualifying monthly payments have been made under a qualifying repayment plan while working full-time for a qualifying employer. For more information on PSLF, please visit www.studentAid.gov/publicservice

Employees on long term leave can bid on positions but must be able to report to work within fourteen (14) days and be able to perform the essential functions of their positions with or without reasonable accommodation (RA). If an employee or job applicant believes that they need a reasonable accommodation, they should contact the Reasonable Accommodation Unit at (518) 486-7222 or email accommodationrequests@opwdd.ny.gov to obtain information and RA forms. Savings programs such as the U.S

Savings Bond and the College Savings Plan. Voluntary pre-tax savings programs such as Health Care Spending Account and the Dependent Care Advantage Account offer employees options to pay for uncovered health care expenses or dependent care expenses. Access to the Employee Assistance Program (EAP) an assessment and referral service that connects employees with local service providers and support services to address their personal needs.

Life insurance and Disability insurance. The New York State Deferred Compensation Plan is a voluntary retirement plan that offers employees the option to invest a part of their salaries for retirement on a tax-deferred basis. Paid Holidays and Leave: Thirteen (13) paid holidays each year.

Thirteen (13) days of paid vacation leave initially. Five (5) days paid personal leave each year. Thirteen (13) days of paid sick leave each year (PEF/CSEA), which may carry over from year to year.

Up to three (3) days professional leave each year to participate in professional development events. Health Care Coverage: Employees and their eligible dependents can choose from a variety of affordable health insurance programs. Employees are provided family dental and vision plans at no extra cost.

Paid Parental Leave: Paid Parental Leave allows eligible employees to take up to 12 weeks of paid leave at full pay for each qualifying event. A qualifying event is defined as the birth of a child or placement of a child for adoption or foster care. Retirement Program: Participate in The NYS Employees' Retirement System (ERS), which is recognized as one of the best-managed and best-funded public retirement systems in the nation.

Professional Development and Education and Training: NYS offers training programs and tuition assistance to eligible employees to maintain and increase their professional skills and prepare them for promotional opportunities. For more information, please visit https://oer.ny.gov/training-and-professional-development. Additionally, the Public Service Workshops Program (PSWP) offers certain professional training opportunities for PEF represented and M/C designated employees that may grant continuing education credits towards maintaining professional licensure

For more information, please visit https://oer.ny.gov/public-service-workshops-program-pswp. OPWDD is an Equal Opportunity/Affirmative Action employer dedicated to creating and sustaining a culture of inclusion. We believe that we are most effective in managing and improving our service system with a diverse team of employees

With such a large workforce, we rely on the collective individual differences, life experiences, knowledge, self-expression, ideas and talent that our employees bring to their work. This speaks to our culture and is a key part of our successes. As we continuously recruit people for our team, we welcome the unique contributions that applicants bring in terms of their education, culture, ethnicity, race, sex, gender identity and expression, nation of origin, age, languages spoken, veteran's status, color, religion, disability, sexual orientation and beliefs.

***All people with disabilities are encouraged to apply.*** Some positions may require additional credentials or a background check to verify your identity.


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