Job title: Head of Corporate Development
Location: Potters Bar
Job type: Permanent
Who we are
Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.
Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.
Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
What we’re building
We now need an Head of Corporate Development to support the transformation and the future growth of the business within the Corporate Development function, so it can drive and enable delivery of the corporate strategic agenda.
Head of Corporate Development
•Responsible for collaborating with the Executive Team to help the development and delivery of key strategic corporate priorities across the UK Business.
•Identifying potential trends, opportunities and strategic initiatives; evaluate them through robust financial metrics and analysis, translate them into robust plans and track delivery.
•Implementation of a robust process which will be embedded across Canada Life UK to ensure initiatives are aligned to corporate strategy. Responsibilities will involve; Strategic Review & Design, M&A activity; working with 3rd parties to support strategy design, review and implementation.
•The role holder will work with Senior Management in reviewing corporate development activities in a systematic, planned and considered approach in meeting the demands of the business.
•The role will lead in the documentation of the UK strategic direction to the Board.
Key outcomes of the role will include:
•Implement mechanisms and processes to identify, evaluate a prioritise strategic initiatives and their alignment to corporate strategy
•Create a business case framework to ensure strategic initiatives are robust and aligned to corporate strategy
•Ensuring there is a consistent approach across the business to evaluating strategic initiatives including robust use of financial metrics (e.g. NPV, ROI, EV, etc.) and business analysis in the development of corporate strategy and associated strategic initiatives.
•Create comprehensive delivery plans against the corporate strategy and strategic initiatives
•Create reports, presentations and updates for the Board and Senior Management on the UK strategic direction and progress
•Effectively manage internal and external stakeholders to obtain engagement and deliver successful business outcomes
•Oversee all consultancy relationships and delivery outputs within the business in line with business requirements
What you’ll do
•Partnering with key business and functional executives, and other business heads to design and shape corporate development and the overall direction of the CLUK business. Researches markets, competitors, and macro events to help create business and market entry strategies for the growth of business.
•Ensure the delivery of corporate initiatives end-to-end, including the articulation of changes to business and operating models, to ensure the right solutions are developed to achieve the optimal target state for the business.
•Create reports, presentations and updates for the Board and Senior Management on the UK strategic direction and progress.
•Provides quantitative and qualitative analysis. Commercial due diligence and strategy frameworks to key corporate initiatives to ensure robust recommendations and successful outcomes.
•Understands, keeps up to date and applies industry best practice, quality standards and innovative thinking, fostering knowledge sharing to provide solutions for the most complex and significant business or specialist issues or problems where no precedent may exist.
•Identifies opportunities for value creation through insightful analysis of internal data
•and external research.
•Facilitates sessions/workshops related to strategic development with ExCo/key business stakeholders to ensure robust challenge and well defined and thought out initiatives, ensuring full business engagement.
Who you are
•Excellent stakeholder management and leadership skills at Board and Executive Committee level.
•Excellent analytical and financial assessment skills (e.g. NPV, ROI, etc.)
•Excellent facilitation and presentation skills
•Excellent planning and organisational skills
•Excellent Interpersonal skills - able to work and communicate effectively at all levels across the organisation
•Excellent influencing skills with a high level of diplomacy
•Excellent negotiating skills
•Excellent written and verbal communication skills
•Previous experience of M&A essential
•Excellent educational background - degree qualified or equivalent – business studies or similar discipline.
What you’ll like about working here
As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including car allowance, income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You’ll also receive the support you need with your personal and professional development.
Our focus is to have an engaged, committed and motivated work force, operating in a high performing and collaborative culture. We want to create an organisation that offers opportunities for all our people to develop their skills and talent, and build rewarding careers with us.
Diversity and inclusion
Canada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.