Executive, Mergers and Acquisitions

Why USAA?At USAA, we have an important mission: facilitating the financial security of millions of U.S. military members and their families. Not all of our employees served in our nation’s military, but we all share in the mission to give back to those who did. We’re working as one to build a great experience and make a real impact for our members.
We believe in our core values of honesty, integrity, loyalty and service. They’re what guides everything we do – from how we treat our members to how we treat each other. Come be a part of what makes us so special!

The Opportunity

The VP, Mergers and Acquisitions will lead all aspects of M&A including but not limited to formulating acquisition strategy, identifying strategic growth opportunities, sourcing, and analyzing target companies, conducting due diligence, structuring transactions, negotiating, executing deals, and supporting integration strategy and value realization.

We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in the following location: San Antonio, TX.

What you’ll do:

• Identify and prioritize new strategic growth opportunities and areas of M&A focus within USAA’s lines of business of property and casualty insurance, life insurance, and retail banking

• Develop acquisition strategy, roadmaps, and research adjacent markets to identify prospects as well as potential bolt-on acquisitions to help build on the strategic position of existing businesses

• Continually evaluate new market trends and competitive opportunities / threats, including analysis to assess market sizing, segmentation, addressable market, and penetration

• Develop and maintain relationships with investment banks, legal advisers, potential acquisition targets, and other industry players to source and build a transaction pipeline consistent with USAA’s strategic growth objectives and timelines

• Partner closely with all key stakeholders throughout the entire acquisition lifecycle including legal, finance, accounting, tax, human resources, risk, external advisers, and specialty consultants

• Conduct due diligence meetings with internal and external parties

• Prepare analyses, recommendations, and updates to executive leadership

• Synthesize complex analyses and identify implications with attention to detail

• Support the successful integration of acquired companies and value realization

• Willingness to challenge assumptions and the status quo to establish best practices and leading M&A capabilities

• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures

What you have:

Minimum Education:

• Bachelor’s degree ; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree

Minimum Experience:

• 10 years of progressive related experience in M&A developing strategies, managing major initiatives, and delivering results within a complex matrixed environment

• 8 years of people leadership experience in building, managing and/or developing high-performing teams required 6 years of experience in business development and strategic planning with related experience developing strategies, managing major initiatives, and delivering results within a complex matrixed environment required

• Subject matter expert in financial services, preferably insurance  

• Demonstrated expertise in research, financial modeling, valuation, analysis, and communicating findings

• Demonstrated experience collaborating with executive council and senior level internal leaders, external advisers, stakeholders and influencing and negotiating business decisions to achieve strategic objectives

• Strong problem solving and communication skills

• Proven experience negotiating and closing strategic transactions, to include working with attorneys

What sets you apart:

• US military experience through military service or a military spouse/domestic partner
• Experience working in a complex matrixed organization
• Direct experience in a Financial Services organization

What we offer:

Compensation:

USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market position. The salary range for this position is: $257,250 - $463,050.

Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the USAA Board of Directors.

Long Term Incentive Plan: Cash payment for Executive level roles only, representing a cash payment which is both time and performance based.

Benefits:

At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.

Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.

USAA is an equal opportunity and affirmative action employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, national origin, age, disability, genetic information, protected veteran status, or any other legally protected characteristic.