Insurance M&a Manager

4 days ago


Ancaster, Canada StoneRidge Insurance Brokers Full time

As an Insurance M&A Integration Manager, you will play a crucial role in managing and overseeing the integration process following mergers and acquisitions (M&A) within the insurance industry. You will be responsible for driving the successful integration of acquired companies, ensuring a seamless transition and maximizing operational efficiencies. This role requires a strong understanding of insurance industry dynamics, M&A processes, and project management skills.
- **Responsibilities**:_

**Integration Strategy**: Develop and execute comprehensive integration strategies and plans to successfully merge acquired insurance brokerage entities into the parent company. Identify key integration priorities, timelines, and deliverables.

**Project Management**:Lead cross-functional integration teams, including representatives from finance, operations, legal, IT, and other relevant departments. Coordinate and drive the execution of integration initiatives, ensuring alignment with strategic objectives and timely completion.

**Due Diligence**: Collaborate with Corporate Development team to conduct due diligence on potential acquisition targets. Assess the operational and financial implications of the acquisition, identify integration challenges, and develop mitigation plans.

**Integration Planning**:Develop detailed integration plans, outlining key milestones, resource requirements, and dependencies. Coordinate with functional teams to ensure alignment and accountability for integration activities.

**Communication and Stakeholder Management**:Effectively communicate integration plans, progress, and challenges to key stakeholders, including senior leadership, employees, and external partners. Manage stakeholder expectations and ensure transparency throughout the integration process.

**Process Optimization**:Identify opportunities to streamline processes, eliminate redundancies, and improve operational efficiencies within the integrated entities. Implement best practices and standardized processes to enhance overall performance.

**Risk Management**:Identify and mitigate integration-related risks and issues. Monitor and assess potential roadblocks or challenges during the integration process and proactively develop contingency plans to address them.

**Cultural Integration**:Facilitate cultural integration initiatives to ensure a smooth transition for employees. Promote a positive and collaborative work environment, fostering teamwork and alignment between the acquiring and acquired organizations.

**Post-Integration Assessment**:Conduct post-integration assessments to evaluate the success of integration efforts. Identify areas for improvement and implement corrective measures to optimize the performance of the integrated entities.
- **Requirements**:_
- Bachelor's degree in business, finance, or a related field. Advanced degree preferred.
- Previous experience in insurance industry M&A an asset
- Proven project management experience, with a track record of successfully leading complex integration initiatives.
- Strong understanding of insurance industry dynamics, including regulatory requirements, product lines, and operational processes.
- Excellent communication and interpersonal skills, with the ability to effectively engage and influence stakeholders at all levels.
- Analytical mindset with the ability to identify integration challenges, develop strategies, and make data-driven decisions.
- Strong leadership abilities, with experience leading cross-functional teams and managing multiple priorities in a fast-paced environment.
- Ability to adapt to change, work under pressure, and navigate through ambiguity.
- Proficiency in using project management tools and software.

**Job Types**: Full-time, Permanent

**Salary**: $120,000.00-$130,000.00 per year

**Benefits**:

- Dental care
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- RRSP match
- Vision care

Schedule:

- Monday to Friday

Ability to commute/relocate:

- Ancaster, ON L9G 4V5: reliably commute or plan to relocate before starting work (preferred)

**Education**:

- Bachelor's Degree (preferred)

**Experience**:

- Merger and Acquisitions: 3 years (required)
- Project management: 3 years (required)

Work Location: In person



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