Head of Corporate Transactions & Mergers and Acquisitions

To lead on the identification, management and execution of internal corporate structuring and external acquisition opportunities.  The role includes the establishment of new corporate entities and overseas offices, the development of governance structures for the effective execution of Mergers & Acquisitions, assisting with the identification of acquisition opportunities and the project management and execution of transactions.

Main Duties

Governance

Develop and maintain governance processes for:

• Obtaining parent, board and exco approvals for corporate transactions

• Conducting due diligence into potential targets

• Project management of transactions

• Integration

• Use of external advisers for legal, financial and valuation support

Target identification

·  Prepare, revise and keep undated acquisition appetite statements based on corporate and underwriting appetite

·  Assist in the evaluation of new geographies, taking into account profitability, synergy, cost, tax, regulatory and legal environment

· Develop and maintain relationships with corporate finance houses, banks, brokers and other sources of pipeline deal flow sharing appetite and triaging opportunities

· Assist in the evaluation of potential targets, including purchase price, product synergy, geography and value

Transaction execution

· Manage auction or direct processes including offer letters, valuation, SPA, approvals and integration

· Manage the due diligence process into potential targets to ensure a thorough commercial, financial and legal due diligence is conducted through a use of internal and external resources

· Assist with capital availability or capital raising a required

· Lead on negotiation and execution of transactions including regulatory change of control and post-completion obligations

· Develop Day-1 integration plan to ensure maximum value is realised from transactions

Corporate Structuring

· Lead on the execution of corporate structuring projects

· Lead on the evaluation of entry into new geographies assessing opportunity, cost and risk

· Manage the set up of new overseas offices including the management of regulatory and legal requirements

Our Requirements

Relevant Experience

Essential           

• Significant insurance industry experience

• Experience of PRA / FCA regulations

• Experience of Corporate transactions and mergers and acquisitions

• Project Management Experience

• Financially numerate

Desirable

• Lloyd’s market experience

• Management experience

• Experience working in a global Group

Technical Skills

Essential           

• Excellent commercial risk awareness

• Knowledge of PRA / FCA Regulatory regimes

• Financial and/or actuarial competence

Desirable

• Knowledge of Lloyd’s and overseas regulatory regimes

• Experience of various corporate transaction structures

• Experience of group corporate governance

Education & Experience

Essential           

• Financial or Actuarial qualification

• 2:1 degree or better (or equivalent)

Personal Skills

• Competent within the specific job role, aware of all technical requirements and able to apply these in a logical manner in performance of all duties. Aware of internal policies and procedures and working practices consistent with the job role.

• Able to understand the key business issues that affect the profitability and growth of the business and take appropriate action to maximise success.

• Capacity to perceive the impact and implications of decisions and activities on other parts of the organisation.

• Ability to think strategically within area of responsibility, whilst taking into account the ‘bigger picture’ and consequences to the wider business context.

• Ability to develop high standards of team spirit through effective management techniques.

• Leads by example and communicates with all team members on areas of role responsibilities. Empowers staff to perform at highest level through direction, delegation and effective management.

• Ability to ensure work produced by the delegated team is to the prescribed quantity and quality standards.

• Readiness to make decisions, state opinions, take action or commit oneself, based on factual information and sound judgment.

• Shows genuine interest in others and seeks to build good working relationships based on co-operation, support and trust. Can be relied upon to ‘deliver’ and be consistent with decisions. Ability to maintain social, organisational and ethical norms in job related activity.

• Ability to create and maintain a level of appropriately directed activity.  Shows drive, stamina and the capacity to work hard.

• Ability to express ideas or facts in a clear and persuasive manner. Convince others to own expressed point of view. The ability to describe ones intentions, thoughts, feelings and experiences verbally, in a manner appropriate to the needs of the listener.

• Must be able to liaise with senior management, be flexible and adaptable in approach, committed, self-motivated, and approachable and must demonstrate vision and imagination.

ABOUT US

Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.

Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.

Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). 
A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.
We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.