BCG Expands Pension Risk Consulting Expertise with Addition of Industry Veterans Sablak and Mossing

Business Wire

BRAINTREE, Mass.--(BUSINESS WIRE)--
BCG Pension Risk Consultants | BCG Penbridge (“BCG”), a leader in defined benefit risk mitigation services, today announced the addition of two experienced industry professionals, Tom Sablak and Sam Mossing, to BCG’s highly regarded team of consultants to help drive and deliver cost management and de-risking consulting services for defined benefit pension plans.

Sablak, with over 30 years of pension actuarial consulting expertise, joined BCG in early September after holding previous positions at several actuarial firms, including most recently at a large consulting organization, where he served as the annuity placement team leader. He holds the FSA (Fellow in the Society of Actuaries), EA (Enrolled Actuary) and MAAA (Member of the American Academy of Actuaries) designations. Over the past 15+ years, he has focused primarily on group annuity placements, pension plan de-risking activities, and plan terminations, and has successfully completed more than $6 billion worth of group annuity transactions involving tens of thousands of pension plan participants.

Mossing joined BCG in August with six years of experience in the life insurance and annuities business. Prior to BCG, he was most recently at Pacific Life Insurance Company where he was involved in pension risk transfer pricing with experience pricing transactions containing a wide variety of plan features and sizes ranging from small market to jumbo deals. His experience also included underwriting and modeling individual transactions. He holds the ASA (Associate of the Society of Actuaries) designation. Prior to Pacific Life, he held a similar pension risk transfer pricing role at Western & Southern Life Insurance Company.

“Tom and Sam are two fantastic additions to our industry leading team, reinforcing our commitment to continue as a leading provider of pension risk consulting and PRT implementation services for defined benefit pension plans,” said Mike Devlin, Founder and Principal of BCG. “When it comes to pension de-risking in the current market, plan sponsors need an independent, specialized PRT consultant with deep expertise to help identify and capitalize on attractive annuity placement opportunities. BCG brings a strategic, consultative, nimble approach to successfully navigate market volatility, optimally reduce risk, achieve desired pricing and timing outcomes and save significant dollars.”

Reporting to Dan Atkinson, Consulting Actuary at BCG, Sablak and Mossing are both based out of the firm’s headquarters in Braintree, MA.

About BCG Pension Risk Consultants | BCG Penbridge

BCG specializes in assisting defined benefit plan sponsors with managing the costs and risks associated with their pension plans. Since 1983, BCG has successfully helped over 3,000 organizations achieve their pension de-risking goals. Our clients range from publicly-traded companies, to privately held firms, and include manufacturing, healthcare, banks and not-for-profit organizations. BCG helps clients with the full range of pension de-risking strategies from liability driven investing approaches to partial or full pension risk transfer, including navigating the complex and lengthy process of plan termination. BCG frequently works in collaboration with financial advisors, consulting actuaries, institutional investment consultants, asset managers and law firms. BCG is headquartered in Braintree, MA with satellite offices across the US. Please visit our website at: www.bcgpension.com.