Senior Vice President, Health & Benefits Due Diligence

Insurance is a trillion dollar market that is fundamental to society, yet it has not modernized — until now. 

Newfront is building the modern insurance experience. 

We've reimagined the experience for clients, prospects, and employees, altering the way people create, understand, select, transact, and use insurance. We're changing the approach so that it starts and ends with the client, not the product, and empowering people for moments that matter. 

Our unique approach recognizes both the vast potential of technology and the fundamental role of insurance experts. We're a technology-driven company with DE&I in our DNA and strong values; we believe people matter most. 

Our mission is to define the future of the insurance industry, while instilling a high performance culture in combination with living our Work, Love, Play ethos each day. We value balanced lives and are passionate about creating a culture of wellness that results in healthier, happier, and more productive employees, and more successful clients.

Our Private Equity & Transaction Advisory Group is expanding and looking to add a Senior Vice President of Health & Benefits Due Diligence to join our team. Reporting to the Executive Vice President, Private Equity & Transaction Advisory Group, you will be responsible for developing and implementing risk management solutions for our Health & Benefits clients. You will lead and conduct comprehensive due diligence on potential acquisitions and investments, and work closely with both internal and external stakeholders to ensure our client’s needs are met.

This position is a salaried, exempt, full-time role. This is a US Remote-based role with the option to work from any of Newfront’s offices. #LI - Remote

What You’ll Be Responsible For:

• Strategic Vision: Oversee the due diligence process, setting clear objectives and timelines to drive efficient and accurate assessments for our H&B clients.

• Project Execution: Lead due diligence projects of varying complexity, ensuring timely and high-quality deliverables.

• Technical Analysis: Analyze employee benefits programs, health and welfare plans, and related cost structures to identify key risks and opportunities in M&A transactions. Conduct thorough due diligence on benefits compliance, liabilities, plan funding, claims experience, carrier arrangements, and post-close coverage strategies. Provide technical input on benefits-related items in the draft purchase agreement.

• Client and Stakeholder Communication: Communicate internally with brokers, coverage/exposure experts, producers, client service teams, and M&A team members to collaborate on findings and solutions. Communicate externally on a daily basis as a trusted advisor with private equity firms, target companies, or their representatives. Effectively communicate with senior leadership, deal teams, and external parties to build strong relationships.

• Problem-Solving and Issue Resolution: Identify transaction issues and work with clients' other third-party advisors to develop resolutions.

• Business Development: Partner with producers and account executives to strengthen relationships with ongoing clients by identifying opportunities to support M&A activity through health and benefits due diligence services, post-close strategies, and cross-selling complementary H&B solutions.

• Industry Knowledge: Stay abreast of industry trends, emerging risks, and regulatory changes.

• Newfront Ambassador: Communicate the value that Newfront delivers in even the most complex and challenging situations. 

Qualifications:  

• 8+ years of experience in the employee benefits space.

• Advanced experience with mergers and acquisitions and due diligence. Your clients can rely on you to ensure their projects are moving along in a quick and efficient manner. 

• Exceptional analytical and problem-solving abilities. You’re able to see both the big picture as well as dig into the finer details. 

• Excellent communication and collaboration skills, with the ability to respond quickly to stakeholder questions in high-pressure environments.

• Strong detail orientation and the ability to concisely express recommendations to clients.

• Growth mindset with the ability to explore and analyze a wide variety of businesses and industries.

• Strong organizational skills with the ability to manage multiple projects at once.