
Prismic Life, a Bermuda-incorporated life and annuity reinsurer, is a growth-oriented reinsurance platform that leverages Prudential Financials' sponsorship and PGIM’s and Warburg Pincus’ market-leading asset management franchises to deliver value for its clients. Prismic Life’s expertise and operational scalability allows us to provide risk and balance sheet management solutions to clients and the opportunity for investors to participate in reinsurance as an investment. The company was launched on September 1, 2023, and currently manages $17B of liabilities from various Prudential-affiliated entities. As we expand our global footprint from Bermuda to the US and Japan, we seek a Vice President, Transactions, to architect our next phase of expansion and position us among the industry’s leading global reinsurers. Reporting to the Head of Business Development and Strategy, the Director of Transaction Pricing will be responsible for leading the actuarial pricing and analytical execution of reinsurance and strategic transactions, including block reinsurance and other structured life reinsurance solutions. This role will serve as the primary actuarial pricing lead for transactions, supporting deal execution through rigorous analysis, pricing recommendations, and collaboration with underwriting, finance, and transaction teams. The role will focus on evaluating insurance liabilities, developing and reviewing pricing models, assessing risk-return tradeoffs, and supporting negotiations through data-driven insights. The VP will play a critical role in ensuring transactions are priced appropriately, aligned with the company’s risk appetite, and executable within regulatory and governance frameworks.
Qualified or near-qualified actuary (e.g., FSA/ASA or equivalent). 10+ years of actuarial experience in life reinsurance, insurance, or related financial services, with a strong focus on pricing. Direct experience with pricing reinsurance or block transactions involving life insurance liabilities is strongly preferred. Strong understanding of Bermuda regulatory and capital frameworks (i.e. EBS, BSCR). Proven technical expertise in actuarial modeling, experience analysis, and assumption setting. Solid understanding of reinsurance structures, insurance liabilities, and capital considerations. Proven experience supporting transaction execution, including pricing support for negotiations and deal approvals. Ability to communicate complex actuarial concepts clearly to non-actuarial stakeholders. Strong attention to detail and ability to manage multiple transaction timelines simultaneously. Proficiency with actuarial and analytical tools commonly used in pricing and modeling. Willingness and ability to obtain any required licenses or professional certifications in Bermuda.
To apply please send your résumé to jobs@expertisegroup.com.

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