Associate, Corporate Development

Sun Life Assurance Company of Canada; Toronto; Hybrid; CAD 90,000 - 130,000; Full time

Benefits offered by this job

Flexible benefits

Hybrid work option

Career growth opportunities

Job summary

Sun Life Assurance Company of Canada in Toronto is seeking an Associate to join our Corporate Development team. The role focuses on evaluating and driving strategic initiatives across Sun Life's pillars, including mergers, acquisitions, minority investments, and joint ventures.

The Associate will work in a high‑performing team with hybrid flexibility in preapproved circumstances. You will support the transaction life cycle, develop detailed financial models, and communicate strategic merits to

Qualifications

• 3–5 years of relevant experience in investment banking, corporate development, M&A or actuarial advisory.
• Knowledge of financial valuation, reporting and capital budgeting concepts.
• Ability to build complex financial models including merger and DCF models.

Responsibilities

• Evaluate strategic opportunities such as mergers, acquisitions, sales, minority investments, and joint ventures.
• Manage multi-functional due diligence and prepare materials for senior leaders detailing strategic merits and risks.
• Build and maintain detailed valuation models and conduct industry research and benchmarking.
• Support business planning, analytics, and cross-functional collaboration across global teams.
• Mentor analysts and contribute to team development.

Skills

Financial modeling

Valuation

Financial analysis

Capital budgeting

Excel

PowerPoint

Cross-functional collaboration

Stakeholder engagement

Education

Bachelor's degree

Tools

Bloomberg

Capital IQ

Job description

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do.

At Sun Life, we're driven by our Purpose: helping our Clients achieve lifetime financial security and live healthier lives. Our values shape how we work: caring, authentic, bold, inspiring, and impactful.

When you join Sun Life, you'll work with passionate colleagues and empowering leaders who support your growth and celebrate your contributions, so you can make a meaningful difference in our Clients' lives.

Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Sun Life is looking for an Associate to join our Corporate Development team. Corporate Development is responsible for evaluating and driving strategic initiatives across Sun Life's four pillars. This includes supporting mergers, acquisitions, sales, minority equity investments, as well as the formation of joint ventures, partnerships and other strategic opportunities. Corporate Development also evaluates and helps execute broader enterprise-level strategic initiatives and internal projects, including semi-organic opportunities.

The Associate, Corporate Development, is based in Toronto and will join a high-performing team and play a key role in developing and executing on both short and long-term growth strategies across Sun Life's global business.

Please note this role requires regular presence at our Toronto One York offices, with hybrid flexibility in preapproved circumstances.

What will you do?

• Play a key role in the evaluation of strategic opportunities, including mergers, acquisitions, sales, minority investments, as well as joint ventures, partnerships, and other strategic opportunities
• Support all stages of the transaction life cycle and manage multi-functional due diligence processes to appropriately identify risks and mitigants
• Prepare internal approval and informal evaluation materials for senior leaders which summarize strategic merits, financial considerations, and key risks on prospective opportunities
• Build and maintain detailed financial models for valuation, transaction analysis, and strategic planning; develop key assumptions and draw conclusions from the analysis
• Conduct industry research, market analysis, and competitive benchmarking to identify and distill key industry trends and opportunities for internal stakeholders
• Undertake ad-hoc analyses, as required from time to time, to support business planning and other strategic projects
• Develop and maintain databases of comparable companies and precedent transactions
• Provide ongoing mentorship and professional development support to analysts
• Other responsibilities as required

What do you need to succeed?

• 3-5 years of relevant experience, such as investment banking, corporate development, M&A and/or actuarial transaction advisory
• Bachelor's degree in finance, economics, commerce, actuarial science or a related field
• Proficiency in building complex financial models, including merger model and discounted cash flow model
• Strong understanding of capital budgeting concepts, financial statement analysis, and valuation methodologies
• Knowledge of Canadian life insurance financial reporting and actuarial valuation
• High proficiency in Microsoft Excel and PowerPoint, with experience in creating visually compelling presentations
• Excellent written and verbal communication skills, with the ability to effectively present complex information to non-finance professionals
• Strong project management and organizational skills, with the ability to manage multiple tasks and projects simultaneously
• To work cross-functionally, build relationships and collaborate effectively with a wide range of internal and external stakeholders on transaction processes across our global businesses
• To leverage technology and data to help drive efficiencies and positive outcomes
• Unquestionable personal code of ethics, integrity, and trust

Preferred Skills:

• Completion or demonstrated progress towards relevant professional designations (e.g., CFA, CBV, CPA, FSA/FCIA) considered an asset
• Proficiency in Bloomberg, Capital IQ and other similar tools
• Demonstrated aptitude for learning and applying relevant AI tools

Other Requirements:

• Ability to work flexibly across multiple time zones while managing competing priorities and deadlines; travel commensurate with business needs

What's in it for you?

• The opportunity to move along a variety of career paths with amazing networking potential
• Flexible Benefits from the day you join to meet the needs of you and your family
• We're committed