Head of Corporate Finance

Company



Munich Re America Services



Location



New York
, United States

Head of Corporate Finance

We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.

The Company

Munich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US P&C Companies and other group entities.

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive - from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.

The Opportunity

Future focused and always one step ahead!

We are adding to our diverse team of experts and are looking to hire a Head of Corporate Finance to help optimize capital deployment and fungibility across North American P&C, be part of the regional Center of Competence (CoE) running M&A projects and be a key contributor supporting the Group CFO's Ambition 2025+.

The purpose of this position is to build and scale a team of Corporate Finance experts that drive capital optimization initiatives and lead M&A projects during deal phase and post-merger integration.

Critical success factors will include the ability to navigate effectively in a matrixed organization, develop partnerships across operational/functional areas, have a deep knowledge of Corporate Finance, and lead through influence. The role requires a sense of urgency, passion for results, and personal accountability for achievement.

This position reports to the Head of Strategy & Corporate Finance.

Responsibilities

* Build and lead a team of experts, that employ strategic project portfolio management principles to lead and manage capital optimization initiatives across North American P&C through legal entity streamlining

* Improve capital efficiency and fungibility and increase operational efficiency

* Lead M&A projects (focus North America) with responsibility for financial due diligence, financing, development of integration scenarios, and orchestration across different units. Plan and oversee Day One readiness and execution, business process and systems integration and separation, and dependency and risk management

* Develop and review financial models, including synergy estimation, PMI costs, and standard costs. Facilitate financial modeling, valuation techniques, capital structure & tax treatment determination, project prioritization & execution.

* Develop out-of-the box solutions to realize harmonization potential in line with legal entity streamlining and harvest operational efficiencies.

* Liaise with and build effective relationships with counterparts across the organization, i.e., GSI finance organizations, Munich counterparts

* Manage and steer external support if applicable (e.g., external consultants engaged in M&A processes).

Qualifications

* Bachelor's degree in business administration, Finance or equivalent education and work experience. Graduate degree a plus

* CPA and other relevant professional certifications preferred

* 8+ years of work experience in corporate finance advisory or M&A preferred

* Strong Corporate Finance skillset with emphasis in financial modelling - Actuarial and Accounting expertise is a plus.

* Proven track-record in building and leading high performing teams.

* Strong skills in project management to lead in a collaborative way and to influence and negotiate across all levels of the organization.

* Results orientation, instilling a pervasive culture of accountability across teams and through the business.

* Exceptional problem solving and analytical skills with proven ability to turn findings into executable plans.

* High energy, tenacious, enthusiastic, and an entrepreneurial spirit.

* Excellent oral and written presentation skills with demonstrated ability to present to Senior Executives; demonstrated ability to tailor communication to different audiences and gear complex, multidisciplinary issues to the respective target group.

The Company is open to considering candidates in numerous locations, including Princeton and NYC. The salary range posted below reflects market variations across various locations. This role is designated for either Princeton or NYC and reflects multiple geographies. The offer will be adjusted per geography.

The base salary range anticipated for this position is $197,900 - $290,300, plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

The salary estimate is adjusted to reflect the varying market conditions across different locations, with the with the higher end being more aligned with the New York City job market. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.

At Munich Re, we see Diversity, Equity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

#LI-JR1