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Corporate Development Manager

Description

  

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

Requirements

  

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.

CCPA Job Applicant: 

#PalomarPride #Insurancejobs #hiring

Average salary estimate

$118500 / YEARLY (est.)
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$95000K
$142000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Corporate Development Manager, Palomar

At Palomar, we are excited to welcome a Corporate Development Manager to our innovative team in La Jolla, CA! If you're looking for a role where agility meets purpose, and creativity is encouraged, this could be the perfect fit for you. As a Corporate Development Manager, you'll work closely with our Senior Vice President of Corporate Development and Strategy, diving into the nitty-gritty of M&A transactions, financial modeling, and market analysis. Your role will involve a variety of responsibilities: from conducting in-depth company and market research to developing insightful presentations that aid in strategic decision-making. You'll also support vital corporate M&A activities — think deal sourcing, due diligence, and integration — while partnering with various internal business units to drive alignment and synergy across the organization. We value innovative thinkers who can bring creativity to problem-solving while maintaining a keen eye on the details. In addition to enjoying a vibrant workplace culture, you'll benefit from competitive compensation and a full suite of medical benefits, making your health and well-being a top priority. Join Palomar as we continue to redefine insurance with a commitment to diversity, collaboration, and integrity. Ready to make a difference? We encourage you to apply and be part of this exciting journey!

Frequently Asked Questions (FAQs) for Corporate Development Manager Role at Palomar
What are the key responsibilities of a Corporate Development Manager at Palomar?

As a Corporate Development Manager at Palomar, your key responsibilities involve supporting corporate development activities, including executing corporate strategy projects, M&A support, financial analysis, and conducting thorough company and market research. You'll also develop presentations to communicate findings and insights effectively to stakeholders.

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What qualifications are required for the Corporate Development Manager position at Palomar?

Palomar seeks candidates with 2-5 years of relevant experience in investment banking, private equity, corporate development, or management consulting. A Bachelor's degree is mandatory, and recent MBA graduates will also be considered. Strong financial modeling skills, excellent communication abilities, and a strategic mindset are vital for this role.

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How does the Corporate Development Manager role support M&A activities at Palomar?

The Corporate Development Manager plays a crucial role in supporting all phases of M&A processes at Palomar, which includes deal sourcing, conducting due diligence, gathering necessary data for integration, and ensuring successful execution. Your analytical skills and strategic recommendations will drive informed decision-making in this area.

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What skills are beneficial for a Corporate Development Manager working at Palomar?

Key skills for a Corporate Development Manager at Palomar include strategic thinking, exceptional analytical capabilities, proficiency in Microsoft Excel and PowerPoint, and the ability to synthesize complex data into actionable recommendations. Strong interpersonal and communication skills are also essential for collaborating effectively across various teams.

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What is the team culture like for Corporate Development Managers at Palomar?

At Palomar, the culture for Corporate Development Managers is built on collaboration, respect, and innovation. The team values transparency and inclusivity, fostering an environment where everyone's ideas are embraced. You’ll find a supportive atmosphere that encourages personal growth and celebrates successes together.

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Common Interview Questions for Corporate Development Manager
What motivated you to apply for the Corporate Development Manager position at Palomar?

When addressing this question, highlight your alignment with Palomar's values such as innovation, agility, and commitment to development. Discuss how these values resonate with your career goals and how you see yourself contributing to their corporate strategy.

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Can you describe a challenging project you managed in your previous roles?

Be prepared to discuss a specific project, detailing the challenges faced, the strategies you used to overcome them, and the outcomes achieved. Emphasize the skills and competencies relevant to the Corporate Development Manager role.

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How do you ensure that your financial models are accurate?

Discuss your methodology for creating and validating financial models, including cross-checking with historical data, seeking feedback from peers, and iterating on your models to improve accuracy. This shows your attention to detail and the importance you place on accuracy in financial analysis.

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What is your approach to conducting market research?

Share the steps you take in market research, from identifying relevant metrics and data sources to analyzing findings and presenting insights. Highlight any tools or software you are proficient in that can support your research efforts.

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How do you prioritize tasks when managing multiple projects?

Explain your approach to task management, including how you assess priorities based on deadlines, stakeholder needs, and strategic goals. Mention any tools you use to keep organized and ensure nothing slips through the cracks.

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How do you handle constructive criticism?

Illustrate your ability to accept and learn from feedback. Provide an example of a time you received criticism, how you responded, and the positive changes you implemented as a result.

Join Rise to see the full answer
Describe your experience with M&A transactions.

Discuss your involvement in M&A processes, detailing your specific roles and contributions, including deal sourcing, due diligence, and post-merger integration. Emphasize any successful outcomes from your efforts.

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What techniques do you use to motivate a team during challenging times?

Share your leadership style and how you foster an environment of support and encouragement. Provide examples of strategies you’ve implemented to keep morale high during tough projects.

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In your opinion, what makes a corporate strategy successful?

Talk about the key elements that contribute to a successful corporate strategy, such as alignment with company vision, adaptability to market changes, and stakeholder engagement. Use examples to emphasize your understanding.

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How do you stay current with industry trends, especially in corporate development?

Discuss the various resources you utilize, such as industry publications, networking events, and online courses. Highlight your commitment to continuous learning and how it benefits your role as a Corporate Development Manager.

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Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Our underwriting and analytical expertise allow us to concentrate on certain markets that we believe are underser...

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April 3, 2025

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