Senior Associate Corporate Development

Job Family
Mergers & Acquisitions

Job Description Summary
The Senior Associate, Corporate Development leads financial evaluation and execution support for acquisitions, divestitures, reinsurance transactions, strategic investments, joint ventures, and partnership opportunities. This role develops complex financial and capital analyses, leads cross-functional due diligence workstreams, evaluates transaction risks, presents recommendations to senior leadership and governance forums, and helps manage opportunities through successful execution.

Job Description

Key Responsibilities

• Lead financial evaluation and execution support for acquisitions, divestitures, reinsurance transactions, strategic investments, joint ventures, and partnership opportunities.
• Develop and maintain complex financial models, valuation analyses, scenario assessments, transaction return analyses, and capital impact evaluations.
• Perform strategic market assessments, competitive analyses, and industry research to identify emerging opportunities, risks, and market trends.
• Lead due diligence workstreams and coordinate activities across actuarial, finance, legal, compliance, tax, treasury, investments, risk, technology, operations, and human resources.
• Evaluate financial, operational, regulatory, and strategic risks associated with potential transactions and business opportunities.
• Prepare and present analyses, recommendations, and transaction materials to senior leadership, investment committees, and other governance forums.
• Support development of business cases and strategic recommendations related to organic growth initiatives, partnerships, and capital deployment alternatives.
• Manage transaction timelines, key milestones, deliverables, and issue resolution activities to support successful execution.
• Partner with internal stakeholders and external advisors, including investment bankers, consultants, accountants, and legal counsel, throughout transaction and strategic evaluation processes.
• Provide guidance, knowledge sharing, and informal mentorship to less experienced team members supporting corporate development initiatives.

Required Qualifications

• Bachelor's degree in finance, accounting, economics, business, or related field
• Five years of experience in financial services, corporate development, investment banking, transaction advisory, management consulting, private equity, strategic finance, or related roles
• Knowledge of financial modeling, valuation methodologies, transaction structuring, and capital allocation analysis
• Knowledge of discounted cash flow analysis, comparable company analysis, precedent transaction analysis, and transaction return analysis
• Ability to analyze financial statements and evaluate accounting, capital, earnings, and value creation considerations
• Experience managing multiple projects and transaction workstreams simultaneously
• Strong negotiation experience, including driving negotiations through successful execution
• Strong analytical, problem-solving, and decision-making skills
• Results-driven with a commercial, deal-maker mentality
• Strong written and verbal communication skills
• Ability to work effectively with senior leaders and cross-functional stakeholders
• Proficient in Microsoft Excel, PowerPoint, and Word

Preferred Qualifications

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

Key Competencies

• Advanced Financial and Capital Analysis - Develops complex models and evaluates valuation, transaction returns, capital impacts, earnings, and value creation considerations.
• Transaction Leadership - Leads due diligence workstreams, manages timelines and issue resolution, and supports opportunities through successful execution.
• Strategic and Commercial Judgment - Assesses market dynamics and financial, operational, regulatory, and strategic risks to shape actionable recommendations.
• Influence and Negotiation - Communicates effectively with senior leaders, governance forums, cross-functional stakeholders, and external advisors while driving negotiations.
• Team Leadership - Provides guidance, knowledge sharing, and informal mentorship to less experienced team members.

Summary Value Proposition

Lead rigorous evaluation and execution of strategic transactions that support growth, value creation, and effective capital allocation.

Working Environment

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

Compensation

The Salary for this position generally ranges between $120,000 - $170,000 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, geography and operational needs. 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