Your role and impact
Here's a glimpse of your responsibilities and the meaningful impact you'll create as the Director, Pension Risk Transfer Pricing:
- Lead pricing and modeling of PRT deals, ensuring accurate liability assessments and competitive, risk-adjusted pricing strategies.
- Support the execution of transactions through participation in negotiations and due diligence processes.
- Collaborate closely with internal stakeholders including the enterprise Chief Actuary, Investment team, Risk, Legal, and Compliance to ensure alignment and robust deal evaluation.
- Develop and enhance AXIS models specific to pension risk transfer blocks and contribute to the automation and streamlining of valuation and pricing tools.
- Monitor market and regulatory developments in the pension de-risking space and provide strategic insights to senior management.
- Present deal analysis, risk assessments, and recommendations to executive leadership.
- Support post-close activities such as onboarding, data integrity reviews, and alignment of financial and operational reporting.
What's in it for you
- Competitive pay: Fair compensation for your hard work.
- Healthcare coverage: Comprehensive medical, dental, and vision from day one.
- Life insurance: Company-paid coverage for you and your loved ones.
- 401(k) plan: Matching contributions to help secure your financial future.
- Family support: Paid parental leave and reimbursement for adoption and surrogacy expenses.
- Work-life balance: Flexible time-off policy to recharge and pursue passions.
- Dress for your day: Express your style comfortably at work.
- Inclusion and Culture: A respectful environment that values unique contributions.
- Flexible work options: Remote, hybrid, and onsite opportunities at various locations across the U.S. for better work-life integration.
- Well-being focus: Programs to support a healthy balance between work and home life.
- Community connections: Build strong relationships through virtual and in-person interactions, with resources for your growth.
What sets you up for success
- Bachelor's degree in Actuarial Science, Mathematics, Finance, or related field.
- ASA or FSA designation
- Minimum of 8 years of actuarial experience, including at least 3 years directly related to Pension Risk Transfer, defined benefit plan management, or group annuity products
- Proven experience in pricing, modeling, or executing PRT transactions, including working knowledge of regulatory, funding, and accounting frameworks (e.g., ERISA, PBGC, GAAP, STAT)
- Familiarity with pension plan design, liability analysis, and experience conducting or reviewing pension plan data and benefit calculations
- Strong interpersonal skills, including the ability to influence stakeholders and present complex ideas clearly and persuasively
Top Skills
What We Do
Constellation® is a growing portfolio of medical professional liability insurance and partner companies including MMIC, UMIA, Arkansas Mutual and MMIC RRG. We were formed in response to the ever-changing realities of health care and dedicated to reducing risk and supporting physicians and care teams, thereby improving business results. We help medical professionals attain their dream to help, heal, and serve.
Our strategy is based on the fundamental belief that together we are stronger, that by sharing resources and expertise, we can help physicians, health care teams and health care institutions reduce risk, improve care and increase profitability. The best part is, what we do is good for everybody. This is how we arrived at our brand strategy, ”Together for the common good.” By working together, we all become part of something bigger than ourselves."
Our insurance protects something we can all get behind:
Your commitment to provide the very best in care
For decades we have been backing the great work of physicians, clinics, hospitals, health systems and senior living communities throughout the country.
And, we're mutual—our policyholders are owners, and their influence and expertise help guide the decisions that have made us financially strong for more than three decades.
And, our policies come with brainpower—our responsive team is here to answer your questions, help you manage unanticipated situations, and keep you current in the ever-changing health care industry.
We offer webinars, assessments and events, plus data analytics and action plans—all designed to help you minimize your risks and improve patient safety practices, using data-informed, customized action plans.
