Corporate Development Associate London, England
Job description
Miller are a specialist (re)insurance broking partnership, with over 100 year history.
We always strive to be the best. That is why we focus on specialist areas where we have built up technical sector knowledge and have become a recognised leader in out chosen fields.
We are headquartered in London, with further offices in Ipswich, Bermuda, Brussels, Paris, Singapore and Switzerland.
Responsibilities
Origination and investment opportunity appraisal
- Identify, research and evaluate M&A and corporate development opportunities, drawing input and support from key stakeholder groups as required
- Prepare financial and valuation models including calculation of investment returns, stress testing of projections and scenario analysis in line with the the Group’s investment appraisal approach and criteria
- Evaluate, critique, and stress test business plans produced by Miller’s commercial, strategy or finance teams and / or external parties
- Develop clear recommendations, including prepartion of investment case materials covering strategic, financial and execution considerations, and confidently articulate and present these materials to stakeholders
- Prepare investment committee and board papers relating to M&A and corporate development opportunties and activities
- Remain abreast of key industry developments, including current / rumoured M&A situations, and prepare succinct briefing materials where required.
M&A execution
- Work with and manage external due diligence providers to ensure due diligence engagements are completed on time and within agreed fee estimates
- Assume day to day responsibililty for the project management of acquisition processes and corporate development projects
- Review data room documentation to support due diligence processes and the identifiation of key risks and issues
- Liase with due diligence and integration workstream leads to collate due diligence findings, identify key risks and ensure appropriate contractual protections are obtained
- Contribute towards and support principal-to-principal transaction negotiations with external counterparties
- Alongside internal and external legal counsel, participate in the reviewing SPAs, Shareholders’ Agreements, and other legal transaction documents
- Develop deal approval / sign-off materials for submission to the Board
M&A and Corporate Development Reporting
- Preparation of standard monthly corporate development reporting packs for the Executive Committee, Investment Committee and M&A / Corporate Development Steering Committees
- Support the preparation of the annual M&A strategy plan
Qualifications
Relevant professional qualifications, ideally a professional accounting qualification
Degree in a relevant area of study preferred
Knowledge
Knowledge of the Lloyd's, London and international insurance markets
A resourceful approach to research, and a proactive approach towards driving projects forward
Highly collaborative and able to build strong working relationships in fast-paced and demanding environments
Ability to identify and articulate strategic benefits of opportunities
Strong communication skills, and ability to distil complex concepts and articulate them succinctly
Experience
1-2 years post qualification experience or 4-5 years total experience
Experience in a corporate finance advisory, transaction services, or in-house corporate environment preferred
Some insurance broking sector experience is preferred
Benefits
On top of a competitive salary we offer a fantastic benefits package including:
- 10% pension contribution from Miller. In addition, Miller will match any employee contributions up to 5%.
- Private Medical Insurance
- Medicare cash plan
- Minimum of 25 days annual leave (with flexibility to buy or sell)
- Life Assurance
- Income Protection
- Critical Illness cover
- Enhanced Maternity, Paternity Adoption and Shared Parental Leave
Job Type: Full-time
