Director, Reinsurance Operations

Responsibilities Build Phase: Develop and implement all core reinsurance and retrocession operational processes for the captives, including treaty onboarding, financial settlements, and reporting. Establish controls, documentation, and process governance in line with Bermuda Monetary Authority (BMA) expectations. Collaborate with colleagues to define and implement infrastructure that supports internal reinsurance and third‑party retrocession, including IT and data integration. Support the integration of operations with actuarial valuation, finance, risk management, and governance frameworks. Participate in transaction negotiations related to operational arrangements and ensure that negotiated transactions can be seamlessly operationalized. Steady‑State Operations: Lead the ongoing administration of all reinsurance and retrocession arrangements, ensuring data accuracy, timeliness, and audit readiness. Oversee the processing of internal reinsurance treaties and coordinate retrocession and settlements with third‑party reinsurers. Manage relationships with cedants and retrocessionaires for any operational issues. Manage relationships with outsourced vendors or service providers supporting operations. Collate quarterly and annual reporting, including support for financial close, actuarial valuation, and audit. Continuously evaluate and improve operational processes for scalability, efficiency, and risk control. Serve as a subject matter expert on reinsurance operations. Qualifications Bachelor’s degree in business, actuarial science, finance, or a related discipline. Minimum 7+ years of experience in life reinsurance, ideally with exposure to both operational and technical aspects of treaty administration. Strong knowledge of reinsurance structures, including internal reinsurance and retrocession to external parties. Demonstrated ability to design or improve operational functions, especially in build‑out or transformation environments. Proven experience managing Bermuda Solvency Capital Requirement and/or SolvencyII frameworks as they apply to long‑term reinsurance operations. Strong organizational and project‑management skills. Experience in Agile environments is a plus. Comfortable working in a lean team environment with hands‑on responsibilities and cross‑functional collaboration. Outstanding interpersonal skills and ability to collaborate effectively. Excellent verbal and written communication skills. Results‑oriented mindset with a strong drive to achieve objectives. Benefits Salary range: $147,100.00 to $220,700.00, with annual bonus potential at every level. Medical, dental, vision, life insurance, disability insurance, paid time off (PTO), and leave of absence (parental, military, etc.). 401(k) plan with company match up to 4%. Company‑funded pension plan. Wellness program: up to $1,600 per year for reimbursement of personal wellbeing items. Work/life resources covering parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development. Education benefit to support college enrollment and accredited certificate programs. Employee stock purchase plan: shares purchasable at 85% of the lower of two prices after one year of service. Eligibility for a discretionary annual incentive program, subject to performance and other factors. Benefits may not apply to part‑time employees working less than 20 hours per week. Equal Employment Opportunity Prudential is an equal‑opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition, or any other characteristic protected by law. #J-18808-Ljbffr