Vice President, Transaction Execution (New York City Metropolitan Area)

Company Overview

Prismic Life is a Bermuda-incorporated life and annuity reinsurer and a growth-oriented reinsurance platform. The company leverages Prudential Financial’s sponsorship and the market‑leading asset management capabilities of PGIM and Warburg Pincus to deliver value to clients. Prismic Life’s expertise and scalable operating model enable the firm to provide risk and balance sheet management solutions, while offering investors access to reinsurance as an asset class. Launched on September 1, 2023, Prismic Life currently manages over $17 billion of liabilities.

Position Summary

Reporting to the Head of Business Development and Strategy, the VP, Transaction Execution will lead the execution of reinsurance transactions and strategic opportunities.

This role combines transaction execution with legal and contractual expertise, providing practical guidance on deal structuring, documentation, and risk. The VP will work closely with business development, actuarial, finance, and external advisors to drive transactions from origination through closing.

The role requires a hands-on operator who can manage complex transactions end-to-end while providing practical, commercially-oriented legal insight to support efficient and effective deal execution.

Key Responsibilities

• Lead execution of reinsurance and strategic transactions from initial proposal of terms through negotiation and closing
• Serve as a primary point of contact for counterparties, cedants, and advisors during transaction execution
• Provide practical legal and contractual guidance on transaction structures, terms, and risk allocation
• Review, negotiate, and support drafting of transaction documentation (e.g., reinsurance agreements, NDAs, term sheets)
• Partner with internal and external legal counsel to ensure efficient documentation and alignment with commercial objectives
• Identify and mitigate legal, regulatory, and execution risks across transactions
• Coordinate transaction analysis, due diligence, and pricing in collaboration with actuarial and finance
• Prepare materials for internal approvals and Board review
• Manage transaction governance, reporting, and regulatory interactions
• Contribute to pipeline development and process improvements

Qualifications

• 10+ years of experience in reinsurance, insurance, investment banking, legal advisory, or financial services
• Strong transaction execution experience (e.g., M&A, block or flow reinsurance)
• Legal background preferred (law firm, in-house, or deal counsel experience)
• Experience with transaction structuring, negotiation, and documentation
• Strong analytical, communication, and stakeholder management skills

We are excited to welcome a new member to our Prismic team who is ready to take on the challenges and opportunities that come with being an actuary. If you are a driven, innovative, and experienced professional looking to make a significant impact in a growing and dynamic company, we encourage you to apply.

Join us at Prismic and be part of a team that values expertise and collaboration, with an entrepreneurship and ownership mindset. We look forward to embarking on this exciting journey together.

Base salary range for this role is $215,000 - $295,000