Pension Risk Management and Settlement Strategy Consultant

Overview

This role supports diverse projects related to pension risk transfer, funding strategy, and other special projects requiring settlement and financial management expertise. The Retirement Risk Management team works with defined benefit plan sponsors to identify and evaluate opportunities to manage pension-related costs and associated risks, including funding, pension risk transfer, and investment approaches.

Responsibilities

• Provide value-added consulting expertise on settlement strategy, including lump sum, annuity purchase, and plan termination feasibility, as well as other special projects involving settlement and financial management
• Understand the capital market environment and outlook, and how it impacts pension plan financials
• Serve as a resource on recent pension risk transfer market developments
• Support presentations of complex consulting information to senior-level internal and client audiences, including studies involving investment consulting and multi-year funding strategy
• Lead multi-phase projects, including project planning, management of client financials, and delegation to multiple associates
• Develop and maintain trusted advisor relationships with client contacts by leading retirement consultants and Retirement Risk Management consultants through effective communication and quality execution
• Support the generation of new business by promoting client engagement in pension risk transfer transactions
• Develop statements of work, project plans, and budgets for a broad range of studies
• Perform technical review of work products, including consulting-level insights on settlement financial analysis
• Contribute to the development of new tools and approaches
• Mentor junior project team associates

Requirements

• 3+ years of experience and success in the management of defined benefit plans, ideally gained in a consulting environment
• Experience in pension risk transfer assessment or placement preferred
• Undergraduate degree required; advanced degree preferred
• ASA and/or EA; FSA, CERA & CFA credentials encouraged
• Experience and expertise delivering retirement consulting services to a broad range of organizations
• Proven experience successfully managing multiple projects and producing quality deliverables on time and within budget
• Demonstrated success or strong evidence supporting the ability to contribute to new business generation
• Strong client relationship, interpersonal, and team skills
• Excellent oral and written communication skills

Preferred Qualifications

• Pension risk transfer assessment or placement experience
• Advanced degree
• ASA and/or EA; FSA, CERA & CFA credentials

Compensation & Benefits

• Base salary range: $125,000 to $175,000 USD per year
• Annual incentive: Eligible for an annual short-term incentive bonus
• Benefits: Competitive benefit package (eligibility requirements apply), including:
  • 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)
  • 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)
  • Contributory Pension Plan and Savings Plan (401k)
  • Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans

Additional Information

• Visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
• 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.
• The employer will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers.
• EOE, including disability/vets.