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 yearThe 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
In addition to compensation, we offer a comprehensive benefits package that includes: Health/dental/vision, life insurance, FSA and HSA, 401(k) plan, Employee Assistant Program, Back-up Care for Children, Adults and Elders and many health and wellness initiatives. We also offer a Wellness program that enables employees to participate in health initiatives to reduce their insurance premiums. For questions about compensation and benefits, please speak to the Recruiter if you decide to apply and are selected for an interview.
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.
Skills Required
- 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)
- Demonstrated success analyzing internal/external partners
- Demonstrated strengths in extracting insights from data and converting ideas to action
- Ability to work in a rapidly changing industry, tolerate ambiguity, and demonstrate disruptive thinking
- Demonstrated problem-solving leadership with limited oversight
- High degree of motivation to self-start and go above and beyond
- Strong written and verbal communication skills
- Highly collaborative team player able to lead and influence at all levels of an organization
- Experience crafting strategies based on consumer engagement across provider, payor, or external technology partners
- Strong technology and data analytics acumen
- Strong executive presence
What We Do
Trustmark is a national employee benefits company offering specialized expertise in voluntary benefits, self-funded health benefit plan design and administration, and employee health and fitness programs that drive results through human and virtual connection. Trustmark offers employers access to benefit options usually reserved for large companies, combined with the personal service you’d expect from a small company. Trustmark’s commitment to building long-term, trusted relationships helps people and businesses thrive. • Trustmark Voluntary Benefits provides valuable life, hospital, accident, disability and critical illness insurance designed to fit changing needs based on life stage or financial priorities. Trustmark helps educate employees and provides resources to help communicate the value of benefits and other important company initiatives. To learn more, visit TrustmarkVB.com. • Trustmark Health Benefits is a total benefits solution for mid-sized and large self-funded employers. As one of the nation’s largest independent benefits administrators, we help our clients manage costs without compromising care by offering innovative solutions, flexibility, and complete data transparency for our clients. To learn more, visit TrustmarkHB.com. • Trustmark Small Business Benefits® level-funded solutions allow small to mid-size employers to provide affordable health benefits to employees. Available to groups with five or more employees along with simplified underwriting for 51 or more enrolled employees, our comprehensive self-funded plan designs and services help empower clients to be smarter healthcare consumers. To learn more, visit TrustmarkSB.com. • HealthFitness is a comprehensive wellbeing provider that delivers wellness, fitness and injury prevention programs. To learn more, visit Healthfitness.com.
