Director, Corporate Development

Kibbi; Toronto; Hybrid; CAD 134,000 - 184,000; Full time

Benefits offered by this job

Hybrid work schedule

Company share ownership program

Pension and RRSP contributions

Paid volunteer days

Job summary

Definity is seeking a Director, Corporate Development to drive acquisition strategy and execution, including targets, due diligence, and integration support. You will lead financial analyses and model-building, assessing synergies and accretion/dilution while mentoring analysts and coordinating cross-functional teams.

The role requires a university degree in accounting/finance/actuarial science with CPA/CFA/CBV and 8–10 years in finance roles.

Qualifications

• University degree in accounting, finance, or actuarial science with strong achievement.
• CPA / CFA / CBV designation; 8–10 years in finance-oriented roles including corporate development or investment banking.
• Strong analytical and valuation skills; ability to build and critique complex financial models.

Responsibilities

• Identify and assess potential acquisition targets for strategic fit and value.
• Manage execution of acquisition and divestiture transactions from sourcing to integration support.
• Lead financial analysis, model building, and valuation work including synergies and accretion/dilution.

Skills

Financial analysis

Financial modelling

C-level communication

Analytical skills

Bloomberg

Capital IQ

MS Office

Education

University degree in accounting/finance/actuarial science

Tools

Bloomberg

Capital IQ

Microsoft Office

Job description

The Opportunity

The Director, Corporate Development has the unique opportunity to participate in a wide range of activities to support the Corporate Development team, which includes the corporate acquisition strategy and execution activities, including carrier acquisitions, broker investments and partnerships, corporate venturing and competitive analysis.

What to Expect

• Play an important role in identifying and assessing potential acquisition targets across the P&C value chain, as well as other corporate initiatives, for strategic fit and value generation
• Manage the execution of acquisition and divestiture transactions, including but not limited to deal sourcing, due diligence, executive and regulatory approval, transaction documentation, and integration support
• Lead the preparation of financial analysis, including building complex models, assessment of synergies / dis-synergies, valuation analysis, and accretion / dilution
• Monitor acquisition and investment activity within the Canadian P&C industry, including creation and maintenance of operational and transaction databases.
• Supervise the production of industry benchmarking reports and lead update / development of new industry benchmarking reports - Provide support as required for ad hoc requests from cross-functional teams and other corporate strategic initiatives
• Play a lead role in mentoring and developing our analysts

What You Bring

• Completed university degree, preferably within accounting, business, finance, or actuarial science , with high proven achievement
• CPA / CFA / CBV designation - 8 to 10 years work experience in a finance-related role, preferably with experience in the areas of corporate development, investment banking, management consulting and financial modelling
• Sophisticated analytical and business valuation skills, including ability to construct, analyze and critique complex financial models
• Interest and/or prior experience in financial services industries in general, and insurance specifically, would be an asset - Strong understanding of the capital markets and trends in industry-related acquisition and divestiture activity
• Considerable working knowledge of Bloomberg, Capital IQ, and Microsoft Office Suite
• Ability to operate with a flexible work schedule, given transactional nature of role
• Strong written and verbal communication skills and ability to interact with all levels of the organization, including C-level executive

Salary Range

$134,300 - $184,300

Actual salary for the role may vary depending on work location of the successful candidate and other factors including but not limited to, skills, education, experience, working conditions and the local labour market.

This position is being posted to fill an existing vacancy.

We know from experience that a candidate doesn’t need 100% of the qualifications listed to bring incredible value to our team.

We’re actively seeking diverse backgrounds and perspectives to help us make insurance better.

At Definity, inclusion, diversity, and equity aren’t just “nice to have” — they’re essential to our success.

What’s in it for you?

• Hybrid work schedule for most roles
• Company share ownership program
• Incentive Program - Eligible employees may participate in various incentive plans which are paid out at the discretion of the company and subject to individual and company performance.
• Pension and savings programs, with company-matched RRSP contributions
• Paid volunteer days and company matching on charitable donations
• Educational resources, tuition assistance, and paid time off to study for exams
• Focus on inclusion with employee groups, support for gender affirmation surgery, access to BIPOC counsellors, access to programs for working parents
• Wellness and recognition programs
• Discounts on products and services

This role requires successful clearance of background checks (including criminal checks and leadership references).

#LI-Hybrid