David Lang is a vice president within Prudential’s Pension & Structured Solutions business, charged with leading transaction-related activities in the longevity risk transfer market. Most recently, David led aspects of two transactions completed in June 2015, providing reinsurance of longevity risk for a portion of Pension Insurance Corporation and Legal & General’s pension group annuity business.
David joined Prudential Retirement in 2000 and held various positions within the Retirement Plans Strategies Group, where he provided Pension Consulting to U.S. corporate pension plan sponsors. In 2008, David joined Prudential’s Pension Risk Transfer team.
David was a principal member of the core team that that completed the first U.S. pension buy-in transaction, a $75 million agreement with Hickory Springs Manufacturing Company. David’s primary focus since 2009 has been the development and expansion of Prudential’s pension risk management capability through longevity reinsurance. David has participated in numerous international reinsurance agreements since 2010, covering the pension liability risk of such firms as British Airways and Rolls-Royce. In 2014, David was a key member of the team that executed the largest and most innovative longevity reinsurance agreement on record, a $27.7 billion transaction with the BT Pension Scheme.
Dave holds a bachelor’s degree with a focus in actuarial science from Bryant University. He is an Associate of the Society of Actuaries and a member of the American Academy of Actuaries.