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Pension Risk Transfer Jobs in Illinois (NOW HIRING)

... transfers, and calculates credit card payoffs, cash advance corrections, and per diems ... Evaluates transaction denials, merchant declines, and payment posting errors and analyzes risk to ...

... transfers, and calculates credit card payoffs, cash advance corrections, and per diems ... Evaluates transaction denials, merchant declines, and payment posting errors and analyzes risk to ...

... transfers, and calculates credit card payoffs, cash advance corrections, and per diems ... Evaluates transaction denials, merchant declines, and payment posting errors and analyzes risk to ...

Security Analyst

Peoria, IL · On-site

$38.80 - $45.59/hr

... risk management, and threat detection techniques. • Hands-on experience with security tools such ... Pension Defined Contribution Plan - 401K Additional Benefits Employee Assistance Program Tuition ...

Security Analyst

Peoria, IL

$38.80 - $45.59/hr

Strong knowledge of security principles, risk management, and threat detection techniques.Hands-on ... Pension Defined Contribution Plan - 401K Additional Benefits Employee Assistance Program Tuition ...

... risk management, budgeting, and debt administration. The Finance Department is seeking qualified ... Provides oversight and direction for the review and approval of purchase orders, budget transfers ...

Showing results 21-40

Pension Risk Transfer information

See Illinois salary details

$13

$29

$71

How much do pension risk transfer jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for pension risk transfer in Illinois is $29.40, according to ZipRecruiter salary data. Most workers in this role earn between $18.85 and $37.50 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in pension risk transfer?

To thrive in Pension Risk Transfer, you need a solid background in actuarial science, finance, or mathematics, along with strong analytical skills and an understanding of pension regulations. Experience with actuarial modeling software, Excel, and relevant professional certifications (such as ASA, FSA, or CFA) are typically required. Effective communication, attention to detail, and the ability to manage multiple projects simultaneously are standout soft skills in this field. These competencies are essential to accurately assess pension liabilities, collaborate with stakeholders, and execute complex transactions that mitigate organizational risks.

What does a pension risk transfer do?

A typical workday in Pension Risk Transfer involves analyzing pension plan data, modeling financial scenarios, and preparing reports to support risk assessment and transaction recommendations. You’ll frequently collaborate with actuaries, legal teams, investment managers, and external partners such as insurers and plan sponsors. The role often includes participating in client meetings, managing timelines for ongoing projects, and ensuring regulatory compliance throughout the transaction process. It’s a dynamic environment that requires balancing technical analysis with effective communication and project management skills.

How does a pension risk transfer work?

A pension risk transfer involves a pension plan transferring its liabilities and associated risks to a third-party insurer through a buyout or buy-in. This process typically requires actuarial assessments, financial modeling, and compliance with regulatory standards, and it helps pension plans reduce funding volatility and long-term obligations.

What is a pension risk transfer?

A Pension Risk Transfer (PRT) job involves managing and executing transactions that transfer pension liabilities from corporate pension plans to insurance companies. Professionals in this role analyze pension obligations, assess risks, and structure deals to ensure financial security for plan beneficiaries. They work closely with actuaries, legal teams, and financial analysts to design solutions that reduce employer pension risks. Key responsibilities may include pricing annuity contracts, regulatory compliance, and market research.

What are the most commonly searched types of Pension Risk Transfer jobs in Illinois? The most popular types of Pension Risk Transfer jobs in Illinois are:
What cities in Illinois are hiring for Pension Risk Transfer jobs? Cities in Illinois with the most Pension Risk Transfer job openings:
Infographic showing various Pension Risk Transfer job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 91% Full Time, 6% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $61,145 per year, or $29.4 per hour.

Card Member Services Representative I

CEFCU

Peoria, IL • Hybrid

$18.56 - $21.81/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 9 days ago


CEFCU rating

9.1

Company rating: 9.1 out of 10

Based on 10 frontline employees who took The Breakroom Quiz


Job description

Are you ready to make the most of your talents and abilities, while helping others make the most of their finances?
Apply to join Team CEFCU!

CEFCU member service team members are critical to the success of the credit union. They provide a professional, knowledgeable, and caring experience when members contact us. We are looking for individuals who are personable, articulate, and positive to add to our already awesome team!

Provides tier two member/internal service via phone calls, eForms, emails, and instant messages to answer questions and resolve problems regarding CEFCU's Checking, Dividend Checking, Insured Money Market Account (IMMA), and credit and debit card programs. Researches suspicious and fraudulent credit/debit card transactions and processes disputes using vendor case management solution. Performs time sensitive cardholder maintenance including card replacement, travel plans, credit card payments, credit card balance transfers, and calculates credit card payoffs, cash advance corrections, and per diems. Evaluates transaction denials, merchant declines, and payment posting errors and analyzes risk to add/remove fraud strategy override for authorizations denied by fraud rules, escalates unusual or suspicious transaction or account situations to Fraud Prevention & Response. Maintains a proper knowledge level of regulations and CEFCU products and services through multiple delivery channels.
Provides the highest quality member experience, for both internal and external members.
Hours:
Monday - Friday: 7:30 a.m. - 6:00 p.m.
Saturday: 9:00 a.m. - 3:00 p.m.
*Hybrid work-from-home after successful completion of training.
*Flexibility in scheduling is required. Saturdays are required with a day off throughout the week.Required:High school diploma or equivalent.0-2 years' customer service or call center experience.0-2 years' experience in Card Services or a thorough, commensurate knowledge of department functions, procedures, policies, and associated Checking and card programs.Ability to learn Excel, Word, Outlook, CEFCU Mainframe applications such as Account Information File (AIF), Automated Debit Card Approval (DBT), CEFCU Tele-Servicing System (CTI), Cross Reference File (XRF); Member Information File (MIF), Member Account File (MAF); Microsoft Office, and apply at a proficient level within 10-week training period.Ability to learn vendor applications, including Fiserv (Hostlink, ROWnet), Harland Order Point, Mastercard Connect, Velera (mConsole, QuickAssist), and VSoft, and apply at a proficient level within 10-week training period.Ability to resolve conflict, think critically, and respond appropriately to members in heightened emotional states.Preferred:Prior experience in technical environment.Good writing skills and proven ability to manage complex projects within deadlines.Knowledge of Regulation D, E, Z and CC, credit/debit and Electronic Funds Transfer (EFT) network rules and regulations, and Electronic Funds Transfer Act (EFTA)/Uniform Commercial Code (UCC) laws.Applicable college business courses (Accounting, Business Math, Business Finance, Law Business Communications, Economics and basic Credit or related classes).

Summary Pay Range

The anticipated starting pay range for this position is $18.56 - $21.81.

The pay range listed represents the anticipated starting range for a successful candidate. Final compensation will be based on factors such as experience, skills, and qualifications.

Please note that salary is only one component of total compensation at CEFCU.

Benefits

Financial

Merit-based raises

Health and Welfare

Generous paid time off (Holiday, Personal or Sick Time, Vacation)

Comprehensive Medical, Dental, and Vision coverage (PPO, HDHP)
Flexible Spending Plan (Medical Reimbursement Account and Dependent Care Reimbursement Account)

Health Savings Account

Voluntary Benefits (Accident Plan, Critical Illness Plan, Hospital Indemnity Plan, Identity Theft & Fraud Protection Plan, Legal Plan)

Life Insurance

Accidental Death & Dismemberment Insurance

Disability Benefits

Defined Benefit Plan - Pension

Defined Contribution Plan - 401K

Additional Benefits

Employee Assistance Program

Tuition reimbursement

Career growth through internal job postings

Management Development Program: formal mentoring and training

Opportunities to help improve and build the CEFCU of tomorrow through process teams

Opportunities to personally contribute to corporate financial literacy and community initiatives

Casual days to support local charities

Employee discounts on entertainment, cell phone plans, theme park tickets, and more

On-site fitness center, fitness classes, and wellness program

It is CEFCU's policy and intent to provide equal opportunity to all persons without regard to race, color, religion, political affiliation, sex/gender (including gender expression/identity, pregnancy, childbirth and related medical conditions), marital status, registered domestic partner status, sexual orientation, age, ancestry, national origin, veteran status, disability, medical condition, genetic characteristics, and/or any other basis protected by law. This policy covers all facets of employment including, but not limited to: recruitment, selection, placement, promotions, transfers, demotions, terminations, training, and compensation.


What CEFCU employees say

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