Pension Risk Transfer Specialist

1 week ago


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

About the Role:

Mercer is seeking a highly skilled and experienced professional to join our team as an Annuity Placement Associate. In this role, you will be instrumental in supporting our efforts in the pension risk transfer market, working closely with clients to develop and implement innovative solutions to manage their pension liabilities.

Key Responsibilities:

  • Project manage annuity placements from initial bidding and price discovery through execution and post-deal transition of pension liabilities
  • Liaise with the insurance marketplace of providers offering group annuity products to ensure 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 team 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 You'll Need:

  • Minimum Bachelor's degree in mathematics, economics, finance or other business-related areas with strong quantitative and analytical course content or direct relevant experience
  • 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
  • Willingness to obtain Life, Accident & Health Insurance licensing (if applicable)

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


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