Corporate Development Lead
San Francisco, CA - USA
Job Summary
MGT is the first AI-driven neo-insurer focused on evolving commercial P&C insurance for the brokers and small business owners. By combining the expertise of industry veterans with state-of-the-art technology we are ushering in the next evolution of commercial insurance and working to move the industry forward through the use of modern technology better processes and a rock-star team. We seek visionary leaders who thrive in dynamic entrepreneurial settings and excel in autonomous roles.
MGT is seeking a Corporate Development Lead to own the full scope of strategic and transactional activity partnerships M&A and market intelligence. Reporting directly to the CEO this is MGTs first dedicated corporate development hire and a foundational role.
You will source opportunities manage bankers run deal processes negotiate directly with CEOs CFOs and General Counsel and shepherd legal agreements through to close. You will also build the analytical and process infrastructure including models decks pipeline tracking data rooms and anything that makes MGTs strategic activity run. As the Corporate Development lead you will bring both senior deal judgment and the willingness to do the hands-on work until the team scales.
What Youll Do
Own M&A processes end-to-end; origination through LOI diligence documentation negotiation and close; manage investment bankers legal counsel and external advisors with clear accountability
Lead strategic partnership negotiations directly including carrier agreements wholesale distribution deals MGA arrangements and embedded insurance structures
Serve as MGTs primary counterparty relationship manager: engage CEOs CFOs Chief Legal Officers and Board members of target and partner organizations
Negotiate term sheets LOIs NDAs definitive agreements and commercial contracts in partnership with Legal
Build and maintain financial models for strategic opportunities: valuation M&A pro formas partnership return models and capital structure scenarios
Produce board-quality decks investment memos and strategic analyses that drive decisions
Draft track and manage NDAs and confidentiality agreements across all active strategic conversations
Own MGTs deal pipeline CRM including tracking every active conversation status next steps and owner
Monitor the insurtech P&C and AI investment landscape (i.e. competitor activity valuation benchmarks and emerging opportunities)
Develop board-ready materials: strategic opportunity assessments deal rationale financial analysis and risk frameworks
What You Bring
715 years across investment banking private equity venture capital or in-house corporate development
Demonstrated track record of owning M&A transactions and strategic partnerships from origination through close
Direct experience negotiating with senior executives (CEO CFO GC) on deal terms partnership structures and legal agreements
Strong financial modeling skills: valuation DCF accretion/dilution and scenario analysis
Deep familiarity with legal agreement structures: LOIs NDAs definitive agreements and financing documents
Experience managing investment bankers legal counsel and other external advisors
Exceptional written communication to include board memos deal summaries and strategic analyses that drive decisions rather than inform them
Compensation
Compensation
At MGT we believe in an ownership culture. As MGTs first corporate development hire you will receive a market competitive annual base salary bonus and equity. Targeting a range of $175000 - $325000 working directly with the Co-CEOs we expect to structure total compensation that reflects the scope and impact of the role.
We recognize that no candidate will meet every qualification and encourage individuals with relevant experience and interest in the role to apply.
Please note: MGT does not accept unsolicited resumes from staffing vendors including recruitment agencies and/or search firms. Please do not forward resumes to our jobs alias MGT employees or any other company location. Any submittals without a prior signed agreement will become property of MGT.
At MGT inclusion drives excellence and belonging sustains it. We believe diverse perspectives make us stronger more innovative and more connected to the people we serve. We value every voice champion equity and create space where all people can grow and succeed together.
MGT is proud to be an Equal Opportunity Employer. We do not discriminate in employment opportunities or practices based on race color religion gender gender identity or expression sexual orientation national origin age disability genetic information marital status military or veteran status or any other status protected by applicable law.
All employment decisions are based on qualifications merit and business needs. We are committed to providing reasonable accommodations for qualified individuals with disabilities throughout the application and employment process. If you need assistance or accommodations please contact us at .
This job description is intended to outline the general nature and level of work performed by employees in this role. It is not an exhaustive list of all responsibilities duties or qualifications required. MGT Insurance reserves the right to modify interpret or apply this job description in any way the company deems appropriate.
Required Experience:
Senior IC