Insurance M&a Manager - Ancaster, Canada - StoneRidge Insurance Brokers

StoneRidge Insurance Brokers

Verified Company

Ancaster, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

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.

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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.

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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 datadriven decisions.
Strong leadership abilities, with experience leading crossfunctional teams and managing multiple priorities in a fastpaced environment.
Ability to adapt to change, work under pressure, and navigate through ambiguity.
Proficiency in using project management tools and software.