Careers with
Magna Life Settlement

Join our fast-growing team of humble yet bold, motivated
dworking professionals.

Who is Magna?

Our mission at Magna is to enable financial professionals to nurture trustworthy, solutions-oriented relationships with their senior clients while spreading the good news of life settlements. Magna has developed multimillion-dollar proprietary Austin-based financial technology, exclusively for the life settlement industry, enabling faster offers, a professional client experience and unparalleled innovation.

What is a Life Settlement?

As a leading life settlement provider licensed wherever state insurance regulations require, we pay people for life insurance policies they no longer need or no longer want. Most of the people we transact with are seniors who need funds for retirement or medical expenses. A transaction with Magna is highly regulated for maximum consumer awareness, transparency and protection.

Available Positions

Pricing Analyst

Posted 1 year ago

Austin, Texas

Magna Life Settlements, Inc. (“Magna”) is a top-ranked life settlement provider that is able to transact business in all states in the US. Magna is a wholly-owned subsidiary of Vida Capital, Inc. (“Vida”), an industry leading life settlement asset manager. Vida Capital Management LLC (“VCM”), also a wholly owned subsidiary of Vida, and an SEC Registered Investment Adviser, manages longevity investments across open and closed-end fund structures (“Funds”) and currently has over $2.6 billion of assets under management.

VCM’s Funds purchase life settlement assets in the secondary market through Magna. Magna is a regulated Life Settlement Provider that provides origination, closing and due diligence services for the Funds in the secondary market and performs due diligence and closing for Funds’ tertiary purchases. The life settlement market has grown significantly over the past decade. It is mission critical for Magna to increase secondary market policy flow while reducing the acquisition costs per dollar of face amount to acquire that flow.

Magna is looking for an Analyst to bolster our policy origination team. We are located downtown in the Market District. Magna/Vida employees are creative, collegial and competitive. Send us your resume and tell us why you think you’d fit in.

Carees @ Vida Capital

Company Culture

Our team members are humble yet bold, motivated and hardworking, ready to serve and help others. Our offices are centrally located just behind the Whole Foods corporate headquarters in downtown Austin. We supply you with the technology and hardware you need to do your job and access to a fully-stocked breakroom of healthy (and not so healthy) snacks, drinks, caffeine and comfort.

Magna is vertically integrated with Vida Capital, a multibillion-dollar fund focused exclusively on longevity. If you are interested in careers at Vida Capital, please click here.

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