Karen Ambrose

Karen is a Senior Pension Consultant at BCG Pension Risk Consultants | BCG Penbridge (BCG). She is responsible for facilitating the firm’s annuity search and placement process, serving as lead consultant on placement transactions. Karen works directly with the Operational team in Chicago and the firm's enrolled actuaries.

Karen has acquired extensive experience with more than 40 years in the insurance/pension industry, in the areas of ERISA compliance and defined benefit plan termination, with a focus on identifying and solving administrative issues relating to the settlement of liabilities in compliance with IRS, DOL and PBGC requirements. Prior to joining BCG Karen spent 23 years with Mercer Investment Consulting, the last ten years as business leader of Mercer’s annuity settlement/pension de-risking services. Karen has facilitated the wind-up of over 400 defined benefit retirement plans and PRT transactions. Prior to joining Mercer in 1991, Karen was both a regional manager and account executive in the group pension operations areas of both Equitable Life Assurance and CNA Insurance. Karen obtained her BA in Business and Economics from Benedictine University.