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Pension Risk Transfer Jobs in Scranton, PA (NOW HIRING)

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Pension Risk Transfer information

See Scranton, PA salary details

$14

$30

$73

How much do pension risk transfer jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for pension risk transfer in Scranton, PA is $30.03, according to ZipRecruiter salary data. Most workers in this role earn between $19.28 and $38.32 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 job categories do people searching Pension Risk Transfer jobs in Scranton, PA look for? The top searched job categories for Pension Risk Transfer jobs in Scranton, PA are:
Pension Risk Transfer jobs near you
Infographic showing various Pension Risk Transfer job openings in Scranton, PA as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $62,462 per year, or $30 per hour.

Chief Financial Officer

NET Federal Credit Union

Scranton, PA • On-site

Full-time

Re-posted yesterday

Job description

Job Type
Full-time
Description
NET Credit Union is seeking a visionary, high-energy Chief Financial Officer to direct our financial strategy and drive enterprise value. As a crucial partner to the CEO and Board of Directors, you will look beyond the spreadsheet numbers to identify market opportunities, optimize operational rhythms, and spearhead capital allocation. This role requires an agile executive who effortlessly balances risk management with aggressive corporate growth
Experience: Five to ten years of similar or related experience
Education: A four-year college degree or equivalent experience
Requirements
  • Participate as a full member of the credit union's management team. Oversee budget planning, preparation and administration processes to control operating expenses and achieve credit union's strategic direction
  • Communicates with the Board of Directors, the Supervisory Committee and management team regarding strategic recommendations, financial results and policies which affect the credit union to assure that they are informed about matters which affect the credit union
  • Directly or through subordinates, oversee and manage the financial and accounting functions of the credit union to include: ALM, AP/AR, budgets, collections, G/L, financial analysis, financial reporting and recordkeeping, investments, payroll and taxes. This includes all associated reconciliations
  • Directly or through subordinates, oversee and manage the Risk Management functions of the credit union
  • Develop and manage the credit union annual budget. Lead and/or oversee cost reduction projects/initiatives. Ensure proper management of the credit unions net income
  • Ensure that the credit union's financial records are accurately maintained and continuously prepared for any and all audits
  • Develop, implement and evaluate policies and procedures for the Accounting Department and/or other departments as needed. Ensure that policies and procedures reflect current regulations and are communicated to and implemented by subordinates
  • May direct and supervise development, production, promotion and sale of the credit union's products and services
  • Attend all board meetings. Present monthly reports to the board of directors and senior management. Assist in board packet management and/or assembly
  • Attend and/or lead strategic planning sessions an/or initiatives
  • Directly liaison between the credit union, supervisory committee and external auditors and NCUA examiners. Ensure needs of the supervisory committee are being satisfied including assistance in scheduling meetings, training events etc.
  • Participate as a member of the ALCO committee. Provide direction for plan model runs and deposit and loan rate setting.
  • Manage and/or participate in the management of the credit union investment portfolio
  • Provide guidance and/or serve as a trustee of the credit union's pension plan
  • Participate in periodic staff meetings. Identify areas for improvement, changes in procedures, new developments or changes in services. Keep staff up-to-date on trends and general credit union information
  • Assist with vendor and/or lease negotiation and major purchasing decisions for capital equipment or other capital asset expenditures
  • Assist in analysis of new branch site locations and closings of existing branches
  • Develop, perform and/or oversee various internal audit procedures, i.e. cash counts, teller drawer audits, review of employee accounts, loan documentation, wire transfers etc.
  • Serve as the credit union's liaison during all audits and examinations
  • Other duties as assigned

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