Pension Risk Transfer Specialist

3 weeks ago


San Francisco, California, United States US051 Mercer Investments LLC Full time

Unlock Your Potential in a Thriving Industry



Are you an analytical expert with a passion for innovative thinking? Do you have experience working with US pension plans to set cutting-edge risk management strategies? If so, we invite you to join Mercer, a leader in investment solutions, where you will be working to create new answers to the biggest issues facing companies today.



Mercer is seeking candidates for the following position based in most major cities:



Pension Risk Transfer Specialist



What Can You Expect?




  • The Pension Risk Transfer Specialist will be instrumental in supporting Mercer's efforts in the pension risk transfer market, driving growth and delivering exceptional results.
  • Project manage annuity placements from the initial bidding and price discovery process through execution and post-deal transition of pension liabilities.
  • Liaise with the insurance marketplace of providers offering group annuity products to ensure that the required deliverables are received.
  • Analyze pricing to provide unique solutions and support strategy for annuity buyouts.
  • Create presentations, coordinate meetings, respond to questions from insurers, liaise with actuarial and administration teams to gather plan and participant data, lead work streams, and ensure the process is executed in a timely manner.
  • Facilitate the preparation of insurance market due diligence material to support our consulting process around the Department of Labor guidelines for annuity buyout transactions in compliance with interpretive bulletin 95-1.


What's in It for You?




  • A growing business in a company with a strong brand, with experience developing solutions for a diverse set of clients, offering a competitive salary range of $80,000 - $110,000 per annum, depending on experience and location.
  • The opportunity to partner with an experienced team to provide investment solutions to Mercer's clients, working with spreadsheets and various modeling tools to produce detailed numerical analysis of the client's risk profile and the impact of risk on key financial metrics.
  • A culture of internal mobility, diversity, inclusion, and collaboration, with a full benefits package, including medical, dental, vision, short- and long-term disability insurance, employee stock purchase program, and a generous paid time-off allowance.
  • The ability to consult on 5-7 clients at a given time, performing modeling, analyzing data, and preparing presentations on pension risk transfer and journey planning projects, with opportunities for career growth and professional development.


We'll Count on You to:




  • Consult on 5-7 clients at a given time, performing modeling, analyzing data, and preparing presentations on pension risk transfer and journey planning projects, ensuring all professionalism and compliance standards and processes are understood and followed.
  • Work with spreadsheets and various modeling tools to produce detailed numerical analysis of the client's risk profile and the impact of risk on key financial metrics, ensuring projects are delivered on time and on budget.
  • As needed, provide ad hoc support on new business pursuits and proposals, developing business cases and market overviews for clients and prospects, with opportunities for career growth and professional development.
  • Understand strategy leading up to the annuity placement project, assisting colleagues to identify areas of constraints, solving problems, and doing analysis to help support client deliverables, with a competitive salary range of $80,000 - $110,000 per annum, depending on experience and location.


What You Need to Have:




  • A minimum Bachelor's degree in mathematics, economics, finance, or other business-related areas with strong quantitative and analytical course content or direct relevant experience.
  • A minimum 2-3 years of pension experience within an insurance company, financial strategy, investment, and/or actuarial consulting environment.
  • Familiarity with investment principles and actuarial calculations, with a competitive salary range of $80,000 - $110,000 per annum, depending on experience and location.


What Makes You Stand Out?




  • Active pursuit of Actuarial and/or CFA designations a plus.
  • Previous experience in the insurance or group annuity market is a plus, with opportunities for career growth and professional development.


Join Our Team



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