Associate, Corporate Development

Job Family
Mergers & Acquisitions

Job Description Summary
The Associate, Corporate Development supports the evaluation and execution of acquisitions, divestitures, reinsurance transactions, strategic investments, and partnership opportunities across insurance and related financial services businesses. This role delivers financial modeling, valuation, market research, due diligence coordination, transaction governance, and executive-ready materials that help senior leaders evaluate strategic opportunities, manage risks, and make informed capital deployment decisions.

Job Description

Key Responsibilities

• Support the evaluation and execution of acquisitions, divestitures, reinsurance transactions, strategic investments, and partnership opportunities across insurance and related financial services businesses.
• Build and maintain financial models, valuation analyses, scenario assessments, and transaction return analyses to evaluate strategic opportunities and capital deployment alternatives.
• Conduct market research, competitive benchmarking, and industry analysis to identify trends, risks, and strategic opportunities.
• Coordinate due diligence activities across actuarial, finance, legal, compliance, tax, treasury, investments, risk, technology, operations, and human resources functions.
• Organize and maintain virtual data rooms, diligence trackers, issue logs, and follow-up requests to support transaction execution and governance processes.
• Prepare presentations, memoranda, and recommendations for senior leadership, investment committees, and other decision-making forums.
• Support the development of business cases for strategic initiatives, including organic and inorganic growth opportunities and partnership structures.
• Track transaction milestones, deliverables, and key decisions, escalating risks and issues as appropriate.
• Review and summarize transaction documents, diligence findings, and financial information to identify key risks, assumptions, and value drivers.
• Partner with internal stakeholders and external advisors, including investment bankers, consultants, accountants, and legal counsel.

Required Qualifications

• Bachelor's degree in finance, accounting, economics, business, or a related field
• Two years of experience in financial services, corporate development, investment banking, transaction advisory, management consulting, private equity, strategic finance, or a related field
• Knowledge of financial modeling, valuation methodologies, and transaction analysis, including discounted cash flow analysis, comparable company analysis, and precedent transaction analysis
• Ability to analyze financial statements and understand accounting, capital, and earnings concepts
• Ability to manage multiple projects and priorities in a fast-paced environment
• Strong analytical, organizational, and problem-solving skills
• Results-driven with a commercial, deal-maker mentality
• Strong written and verbal communication skills
• Ability to handle confidential information with professionalism and discretion
• Proficient in Microsoft Excel, PowerPoint, and Word

Preferred Qualifications

• Experience within life insurance, annuities, retirement, wealth management, asset management, reinsurance, or other financial services organization
• Knowledge of statutory accounting, Generally Accepted Accounting Principles (GAAP), capital frameworks, reserve concepts, and earnings drivers within insurance organizations
• Progress toward or possession of Chartered Financial Analyst (CFA), Certified Public Accountant (CPA), or Master of Business Administration (MBA)
• Knowledge of strategic partnerships, mergers and acquisitions, and capital deployment strategies
• Understanding of market structure, industry trends, distribution models, and product strategies within the insurance industry

Key Competencies

• Financial Analysis and Valuation - Applies financial modeling, valuation methodologies, and transaction analysis to evaluate strategic opportunities and capital deployment alternatives.
• Transaction Execution and Organization - Coordinates diligence activities, maintains transaction materials, and tracks milestones, deliverables, risks, and key decisions.
• Strategic and Commercial Mindset - Identifies market trends, value drivers, risks, and growth opportunities with a results-driven, deal-maker mentality.
• Communication and Collaboration - Prepares executive-ready materials and partners effectively with cross-functional stakeholders and external advisors.
• Professional Judgment - Handles confidential information with professionalism and discretion while escalating risks and issues as appropriate.

Summary Value Proposition

Support disciplined strategic growth and capital deployment by delivering high-quality analysis and execution support across corporate development opportunities.

Working Environment

This is a hybrid position in either our New York (NYC) or Philadelphia office. Relocation assistance will not be provided for this position.

Compensation

The Salary for this position generally ranges between $90,000 - $125,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience and geography. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.

Disclaimer:

Beware of fake job offers!

We've been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:

• We will never request personal information such as ID or payment for equipment upfront.
• Official offers are sent via DocuSign following a verbal offer-not through text or email.

What We Offer

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits

• Competitive Pay
• Bonus for Eligible Employees

Benefits Package

• Pension Plan
• 401k Match
• Employee Stock Purchase Plan
• Tuition Reimbursement
• Disability Insurance
• Medical Insurance
• Dental Insurance
• Vision Insurance
• Employee Discounts
• Career Training & Development Opportunities

Health and Work/Life Balance Benefits

• Paid Time Off starting at 160 hours annually for employees in their first year of service.
• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
• Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
• Adoption Assistance
• Employee Assistance Program
• Back-Up Care Program
• PTO for Volunteer Hours
• Employee Matching Gifts Program
• Employee Resource Groups
• Inclusion and Diversity Programs
• Employee Recognition Program
• Referral Bonus Programs