Marketing Description:
We are Hiring!
Corporate Development Manager
Location: La Jolla, CA
Why choose Palomar?
Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes self-motivated individuals to our thriving company. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.
Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.
Want to learn more about our exciting journey? Go to plmr.com to learn more. Investor Relations – Palomar Holdings, Inc. (palomarspecialty.com)
The Details:
Our Corporate Development and Strategy team is seeking a Manager to support corporate development activity. This individual will be a part of a fast-paced team working on a wide range of projects and will report to the Senior Vice President of Corporate Development and Strategy. The individual will support day-to-day activities, including company and market intelligence, financial modeling and analysis, business development and M&A transaction support. The ideal candidate will be able to work independently to define project requirements based on the group’s stated goals, and develop creative solutions utilizing available technology and tools.
What will you do? (Job Duties)
· Contribute to the execution of corporate strategy and development projects and ad hoc requests as necessary
· Support corporate M&A activities to include deal sourcing, due diligence, execution and integration
· Perform company and market research and analysis
· Develop reports and presentations in support of strategic and business development initiatives
· Conduct financial analysis including valuation models and market forecast models
· Synthesize data and develop recommendations to enable decision making
· Use available software tools and databases (e.g., corporate, financial, regulatory) to craft creative solutions in support of proactive Corporate Development efforts
· Support all phases of the M&A process, including target sourcing, development of the strategic rationale and business case, financial modeling, due diligence collection, data room management, NDAs, negotiation, deal structuring and execution, and integration
· Partner with internal business units to understand operations, performance, strategy, market dynamics, and business needs
· Assist in monitoring the competitive landscape to help source acquisition opportunities
What we are looking for: (Experience)
· 2-5 years of relevant work experience in investment banking, private equity, corporate development or management consulting
· Able to work on-site Monday-Friday
· Bachelor’s degree required; recent MBA graduates considered
· Ability to manage business initiatives through to completion and manage multiple priorities
· Demonstrated strategic thinking, leadership and analytical skills
· Excellent communication and interpersonal skills
· Skilled in Microsoft Excel and PowerPoint
· Strong financial modeling and analysis skills preferred
· Excellent interpersonal, written and verbal communication skills
· Familiarity with insurance industry not required
We love people who want to:
· Build strong relationships through transparency, trust, and respect for each other.
· Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
· Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
· Do the right thing with strong conviction and integrity.
· Be bold and innovative to help make an impact.
· If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you’ll enjoy a career with Palomar!
· Zoom in and out between strategic and tactical
· Demonstrable track record of working autonomously and driving progress
· Be intellectually curious, think creatively, and pragmatic
· Be hands on with their team and roll up their sleeves
· Lead with empathy and support personal and professional development
· Empower people to continue to grow and see a bigger picture
What will you get in return?
· Full Suite of Medical Benefits
· Long Term Financial Incentives: All team members receive company equity.
· 401k with 3.5% automatic fully vested Employer Contribution
· Competitive PTO + Holiday Program
· Lifestyle Spending Account
· Professional Development Assistance
· Career Exploration Opportunities
· Regular company-wide social events (even virtually!)
· To learn more visit us at www.plmr.com
Diversity at Palomar
At Palomar, we are committed to diversity, equality, and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.
We believe that diversity, equality, and inclusion yield greater organizational creativity and productivity, which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them.
Accommodations:
Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability (both visible and invisible) can be considered for the position. Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.
For more information about our company, visit us at www.plmr.com. Palomar is an Equal Opportunity Employer.
No phone calls or agency solicitation please
Pay Range: $95,000-$142,000
The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants. In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above.
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