Associate, Corporate Development

Transamerica • Philadelphia, PA

1d • $90,000 - $125,000 • Hybrid

About The Position

The Associate, Corporate Development supports the evaluation and execution of acquisitions, divestitures, reinsurance transactions, strategic investments, and partnership opportunities across insurance and related financial services businesses. The role delivers financial modeling, valuation, market research, due diligence coordination, transaction governance, and executive-ready materials to help senior leaders evaluate strategic opportunities, manage risks, and make informed capital deployment decisions.

The position supports business cases for strategic initiatives and partners with internal stakeholders and external advisors throughout transaction processes. It is a hybrid position based in either the New York City or Philadelphia office. Relocation assistance is not provided. The stated annual salary range is $90,000–$125,000, and the position is typically eligible for an annual bonus at the Company’s discretion. Applicants must be legally authorized to work in the U.S. without immigration-related employment sponsorship.

Requirements

• Bachelor’s degree in finance, accounting, economics, business, or a related field.
• Two years of experience in financial services, corporate development, investment banking, transaction advisory, management consulting, private equity, strategic finance, or a related field.
• Knowledge of financial modeling, valuation methodologies, and transaction analysis, including discounted cash flow, comparable company, and precedent transaction analyses.
• Ability to analyze financial statements and understand accounting, capital, and earnings concepts.
• Ability to manage multiple projects and priorities in a fast-paced environment.
• Strong analytical, organizational, and problem-solving skills.
• Results-driven with a commercial, deal-maker mentality.
• Strong written and verbal communication skills.
• Ability to handle confidential information with professionalism and discretion.
• Proficiency in Microsoft Excel, PowerPoint, and Word.
• Legal authorization to work in the U.S. without immigration-related employment authorization sponsorship.

Nice To Haves

• Experience within life insurance, annuities, retirement, wealth management, asset management, reinsurance, or another financial services organization.
• Knowledge of statutory accounting, GAAP, capital frameworks, reserve concepts, and earnings drivers within insurance organizations.
• Progress toward or possession of a CFA, CPA, or MBA.
• Knowledge of strategic partnerships, mergers and acquisitions, and capital deployment strategies.
• Understanding of insurance industry market structure, trends, distribution models, and product strategies.

Responsibilities

• Support evaluation and execution of acquisitions, divestitures, reinsurance transactions, strategic investments, and partnership opportunities.
• Build and maintain financial models, valuation analyses, scenario assessments, and transaction return analyses.
• Conduct market research, competitive benchmarking, and industry analysis to identify trends, risks, and strategic opportunities.
• Coordinate due diligence across actuarial, finance, legal, compliance, tax, treasury, investments, risk, technology, operations, and human resources functions.
• Organize and maintain virtual data rooms, diligence trackers, issue logs, and follow-up requests.
• Prepare presentations, memoranda, and recommendations for senior leadership, investment committees, and other decision-making forums.
• Support business cases for strategic initiatives, including organic and inorganic growth opportunities and partnership structures.
• Track transaction milestones, deliverables, and key decisions, escalating risks and issues as appropriate.
• Review and summarize transaction documents, diligence findings, and financial information to identify key risks, assumptions, and value drivers.
• Partner with internal stakeholders and external advisors, including investment bankers, consultants, accountants, and legal counsel.

Benefits

• Competitive pay.
• Annual bonus for eligible employees.
• Pension plan.
• 401(k) match.
• Employee stock purchase plan.
• Tuition reimbursement.
• Disability insurance.
• Medical insurance.
• Dental insurance.
• Vision insurance.
• Employee discounts.
• Career training and development opportunities.
• Paid time off starting at 160 hours annually for employees in their first year of service.
• Ten paid holidays per year.
• Holistic wellness program, including wellness coaching and reward dollars.
• Fifteen days of paid parental leave per calendar year for eligible employees with at least one year of service at the time of a qualifying birth or child placement.
• Adoption assistance.
• Employee Assistance Program.
• Back-Up Care Program.
• Paid time off for volunteer hours.
• Employee matching gifts program.
• Employee Resource Groups.
• Inclusion and diversity programs.
• Employee recognition program.
• Referral bonus programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level