Trustmark

Executive Director, Corporate Development & Enterprise Strategy

Trustmark$136K — $204K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelors or master's degree or equivalent work experience
  • 6+ years in strategy consulting, M&A, or strategic development
  • Proven success in analyzing partnerships
  • Curiosity and passion for innovative analyses
  • Strong data insight extraction and actionable implementation
  • Effective in ambiguous and rapidly changing environments
  • Leadership in problem-solving with minimal oversight
  • Self-motivated with a proactive approach
  • Excellent written and verbal communication skills
  • Collaborative team player with influential skills

Responsibilities

  • Drive strategic analysis for new and existing products
  • Build narratives for diverse audiences to align growth priorities
  • Develop comprehensive business cases for strategic initiatives
  • Lead and support M&A processes for growth strategies
  • Evaluate and pursue innovation pipelines and partnerships

Benefits

  • Health/dental/vision insurance
  • Life insurance
  • Flexible Spending Account (FSA) and Health Savings Account (HSA)
  • 401(k) plan
  • Employee Assistance Program
  • Back-up care for children, adults, and elders
  • Health and wellness initiatives
  • Participation in a wellness program to reduce insurance premiums
Full Job Description
About the role

We are looking for an Executive Director, Corporate Development & Enterprise Strategy to help drive our transformational growth agenda. This will include developing market defining partnerships and M&A strategies, collaboration in strategy and M&A execution and developing near and long-range business strategy. This role will drive market and product development as well as define new segments within the employee benefits ecosystem.

Key Accountabilities
  • Own and drive strategic analysis on existing and new products and businesses, including quant research and analysis, secondary/primary competitive research, synthesis, and making strategic recommendations
  • Build effective narratives that translate to a variety of audiences (e.g., executives, senior leaders, peers, third-party partners) to support alignment of key growth priorities, strategic recommendations, and M&A deal hypothesis
  • Develop business cases, including business model evaluation, build, borrow, buy analyses, market sizing, and investment requirements
  • Support, and/or own and drive aspects of M&A process/activities in support of growth strategy
  • Evaluate pipeline of innovations in employee benefits and start-ups for acquisition or partnership; seek and evaluate possible business, technology, and/or delivery partner relationships to support growth objectives


Minimum Requirements
  • Bachelors or master's degree or equivalent work experience
  • 6+ years of relevant professional work experience (strategy consulting, M&A, and/or strategy development within an organization)
  • Demonstrated success analyzing internal/external partners
  • Relentless curiosity and possess a passion to learn new concepts and create innovative analyses to identify opportunities
  • Demonstrated strengths in and passion for extracting insights from data and converting ideas to action
  • Ability to work in a rapidly changing industry, tolerate ambiguity, and demonstrated disruptive thinking
  • Demonstrated problem-solving leadership with limited oversight
  • High degree of motivation to self-start, and go above and beyond the task at hand
  • Strong communication skills, both written and verbal
  • Highly collaborative team player able to lead and work effectively at all levels of an organization with the ability to influence others to move toward consensus


Preferred
  • Experience crafting strategies based on how consumers are engaging in the insurance journey (touching at least one of provider, payor, or external technology partner), to reveal how products/brands can better connect with their consumers
  • Strong technology and data analytics acumen
  • Strong executive presence


The compensation range for this role is (based on the corporate location in Lake Forest, Illinois):
$136,933 - $204,463 per year

The final salary offer will be determined based on factors such as location, qualifications, experience, skill set, and other relevant factors. This position may also be eligible for bonus. We understand that compensation is an important factor when considering a new opportunity, and we strive to provide a competitive salary within the market.

Brand: Trustmark

In addition to compensation, we offer a comprehensive benefits package that includes: Health/dental/vision, life insurance, FSA and HSA, 401(k) plan, Employee Assistant Program, Back-up Care for Children, Adults and Elders and many health and wellness initiatives. We also offer a Wellness program that enables employees to participate in health initiatives to reduce their insurance premiums. For questions about compensation and benefits, please speak to the Recruiter if you decide to apply and are selected for an interview.

About Trustmark

Trustmark is a financial services company that provides banking, wealth management, and insurance services to individuals and businesses. The company was founded in 1889 and is headquartered in Jackson, Mississippi. Trustmark has over 200 branches across Alabama, Florida, Mississippi, Tennessee, and Texas. The company has a strong commitment to its customers and communities and has been recognized for its philanthropic efforts. Trustmark is publicly traded on the NASDAQ stock exchange under the ticker symbol TRMK.
Learn more about Trustmark
Size
2,692 employees
Market Cap
$2.1 billion
Industry
Net Income
$160 million
5 Year Trend
+1.4%
NASDAQ

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