Executive Director, Corporate Development & M&A Strategies

Trustmark Services Company; Lake Forest (IL); On-site; USD 137,000 - 204,000; Full time

Benefits offered by this job

Health/dental/vision

Life insurance

401(k) plan

Employee Assistance Program

Wellness program

Job summary

Trustmark is seeking an Executive Director, Corporate Development to lead M&A deal execution and upstream strategic planning. You will guide deal evaluation, negotiations, and portfolio strategy while collaborating with executives and cross-functional teams.

The role demands analytical rigor and strong relationship building in a fast-paced environment. The role reports to the Corporate Development leadership and involves working across business units to identify growth opportunities.

Qualifications

• Bachelor's 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, to reveal how products/brands can better connect with their consumers.
• Strong technology and data analytics acumen.
• Strong executive presence

Responsibilities

• 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.

Skills

Strategy analysis

M&A experience

Data analytics

Executive communication

Cross-functional collaboration

Education

Bachelor's or Master's degree

Job description

Trustmark's mission is to improve wellbeing - for everyone. It is a mission grounded in a belief in equality and born from our caring culture. It is a culture we can only realize by building trust. Trust established by ensuring associates feel respected, valued and heard. At Trustmark, you'll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture of diversity and inclusion where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves. At Trustmark, we have a commitment to welcoming people, no matter their background, identity or experience, to a workplace where they feel safe being their whole, authentic selves. A workplace made up of diverse, empowered individuals that allows ideas to thrive and enables us to bring the best to our colleagues, clients and communities.

About the role

The Executive Director, Corporate Development will be a key member of the team, focusing on M&A deal execution, upstream inorganic strategic planning, deal approval processes, and deal structuring and negotiations. This includes working extensively with external stakeholders and internal cross-functional teams, while supporting business and executive leadership in deal evaluation, execution, and venture portfolio strategy. As part of a highly visible and impactful team, the Director will have demonstrated experience flourishing in rapidly evolving environments and possess exceptional analytical and relationship building skills.

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

Benefits

• Health/dental/vision
• life insurance
• FSA and HSA
• 401(k) plan
• Employee Assistant Program
• Back-up Care for Children
• Adults and Elders
• many health and wellness initiatives.

We also offer a Wellness program that enables employees to participate in health initiatives to reduce their insurance premiums.

Trustmark is committed to leveraging the talent of a diverse workforce to create great opportunities for our people and our business.

We are an equal opportunity employer, including disability and protected veteran status.

Join a passionate and purpose-driven team of colleagues who contribute to Trustmark's mission of helping people increase wellbeing through better health and greater financial security. At Trustmark, you'll work collaboratively to transform lives and help people, communities and businesses thrive. Flourish in a culture where appreciation, mutual respect and trust are constants, not just for our customers but for ourselves.

When you join Trustmark, you become part of an organization that makes a positive difference in people's lives. You will play a vital role in delivering on our mission of helping people increase wellbeing through better health and greater financial security.

Our customers tell us they simply appreciate the personal attention and knowledgeable service. Others tell us we've changed their lives.

At Trustmark, you'll be part of a close-knit team. You'll enjoy abundant opportunities to grow your career. That's why so many of our associates stay at Trustmark and thrive.

Trustmark benefits from more than 100 years of experience but pairs that rich history with a palpable sense of optimism, growth and excitement for what's ahead - and beyond.

This is a place where associates bring their whole selves to work each day. A place where you can be yourself. Whatever your beyond is, you can achieve it at Trustmark.