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Pension Risk Transfer Manager Jobs in Windsor, CT

Analyze and direct risk transfer, additional insured issues, and contractual indemnity issues ... Prepare and present written/oral reports to senior management setting forth all issues influencing ...

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Pension Risk Transfer Manager information

See Windsor, CT salary details

$51.3K

$111.1K

$169.2K

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

As of Aug 19, 2026, the average yearly pay for pension risk transfer manager in Windsor, CT is $111,056.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,600.00 and $128,400.00 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 job categories do people searching Pension Risk Transfer Manager jobs in Windsor, CT look for?

The top searched job categories for Pension Risk Transfer Manager jobs in Windsor, CT are:

Senior Broker - Builders Risk

Willis Towers Watson (WTW)

Hartford, CT • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 24 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

37th of 150 rated financial services


Job description

The Role 


The Builder's Risk Broker is recognized by the client, client advocate team and the insurance marketplace as the day-to-day broker for coverage needs, negotiating terms and conditions of various Construction coverage's on behalf of clients.
The Responsibilities

  • Manages brokerage responsibilities for a book of new and recurring/annual policies.  Primary focus on Project Builder's Risk, Master Builder's Risk Programs, and Contractor's Block 
  • Leads broking communication efforts by e-mail, telephone, and written correspondence with underwriters and producers
  • Obtains and distributes information from client and/or producing office
  • Assists or may lead front end sales/RFP efforts for Builder's Risk sales leads
  • Prepares/oversees creation of proposals, submissions and quotes
  • Responsible for running and interpreting financial analytical models
  • Evaluates and develops coverage confirmation for review
  • Reviews binders for accuracy and completeness
  • Maintain and develop business relationships with producers and senior underwriting contacts
  • Maintains knowledge of insurance carriers and their business practice
  • Participates in continuing education to maintain license and industry credentials

The Requirements

  • Insurance broker's P&C license will be required
  • Risk Management/Insurance degree preferred
  • 5 -10 years of experience minimum within Project Builder's Risk, Master Builder's Risk Programs, and Contractor's Block 
  • Demonstrated knowledge of core insurance principles & provide explanation to clients
  • Demonstrated excellence in negotiation skills and influence skills are critical
  • Demonstrated ability in conflict resolution and selling skills are a plus
  • Attention to detail and process orientation
  • Exposure to Excel formulas and spreadsheet creation/manipulation a plus
  • Understanding of required placement workflows
  • Self-starter/requires minimal supervision
  • Will seek guidance when needed
  • Solid presentation skills-written or oral
  • Enhancing client service skills
  • Ability to deal with difficult client situations
  • Demonstrates knowledge of insurance structures
  •  

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

Company Benefits

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

  • Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid 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 (Washington State only)
  • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). 

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a "hybrid" style, with a mix of remote, in-person and in- office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and "hybrid" is not a one-size-fits-all solution.

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)

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

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

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program) 

Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid 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 (Washington State or remote only

Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).  

We're committed to equal employment opportunity and provide application, interview and workplace adjustments and accommodations to all applicants. If you foresee any barriers, from the application process through to joining WTW, please email candidate.helpdesk@willistowerswatson.com. 

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

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.


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