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Mercer hires pension buyout expert

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Mercer L.L.C. has named Hartford, Connecticut-based Lynn Esenwine senior pension risk transfer consultant within its financial strategy group.

In her new role Ms. Esenwine will focus on facilitating large buyout transactions, coordinated with broader risk management and investment strategies, Mercer said Friday in a statement.

Previously, Ms. Esenwine was vice president, pension buyout at Springfield, Massachusetts-based Massachusetts Mutual Life Insurance Co.

“Lynn has had industry-level impact in helping drive the PRT business forward in recent years with her focus, energy and creativity. We are delighted to have her join our Mercer team,” Richard McEvoy, New York-based head of the consultant’s financial strategy group, said in the statement. “Given the nature of Lynn’s former roles with insurance providers, her knowledge and transaction experience will help Mercer enhance execution certainty for our clients and benefit security for their employees.”

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