Managing Director, Insurance Business Development

Summary

Join Ledger Investing, a Y Combinator-backed startup transforming insurance risk financing, as a senior-level professional leading business development and transaction execution with large (re)insurance companies. You will be responsible for sourcing ILS transactions, owning the transaction process from initial pitch to closing, and providing feedback to product teams. This full-time remote position requires 10+ years of experience in investment banking, strategic advisory, or consulting with insurance companies, an extensive network within (re)insurance company executives, and strong quantitative and analytical skills. Ledger offers competitive compensation, including stock options, and a comprehensive benefits package.

Requirements

• Have 10+ years previous experience in investment banking, strategic advisory, or consulting roles working with insurance and reinsurance companies
• Possess an extensive network within (re)insurance company executives
• Have exceptional written and verbal communication skills with specific ability to communicate concepts and ideas concisely and defend their validity
• Possess very strong quantitative and analytical skills (including excel modeling)
• Have a Bachelor's degree

Responsibilities

• Lead business development with (re)insurance companies to source ILS transactions
• Own the transaction process from the initial pitch to the risk originator to winning the deal including highly complex financial modeling, presentations, and due diligence
• Be accountable for deal execution including investor marketing, due diligence, and negotiations leading to transaction closing
• Provide feedback to product teams developing platform features for (re)insurance companies

Preferred Qualifications

• Have in-depth knowledge of the insurance industry, familiarity with insurance linked securities or structured finance products
• Have an entrepreneurial mindset with proven ability to sell new financial products to c-suite executives
• Have an MBA or other graduate degree

Benefits

• Competitive salary, bonus potential, and equity compensation
• Work from anywhere. We’re flexible. Our headquarters is in New York, but this position can be fully remote or hybrid
• Unlimited PTO
• 11 Paid Holidays
• 401k
• Medical, dental, and vision insurance - multiple plans to choose from
• HSA match for those who select our HDHP Medical plan
• Company-paid Life and AD&D Insurance
• Company Paid Long-term Disability Insurance
• Medical and Dependent Care FSA plans
• Medical enhancements available: HealthAdvocate Healthcare Support, One Medical On-Demand Primary Care, Teladoc Virtual Health, TalkSpace Online Mental Health Therapy, Kindbody Gynecology and Family-building care
• Commuter Benefits
• Up to $2,500 paid by Ledger towards your dream home office setup!