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Insurance Mergers Acquisitions Jobs (NOW HIRING)

Kroll's Mergers & Acquisition practice advises middle-market companies in sellside, buyside, and ... Protective Insurances: Life insurance, short- and long-term disability coverage, and accident ...

Kroll's Mergers & Acquisition practice advises middle-market companies in sellside, buyside, and ... Protective Insurances: Life insurance, short- and long-term disability coverage, and accident ...

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Insurance Mergers Acquisitions information

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$118K

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How much do insurance mergers acquisitions jobs pay per year?

As of Aug 12, 2026, the average yearly pay for insurance mergers acquisitions in the United States is $118,006.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,000.00 and $139,500.00 per year, depending on experience, location, and employer.

Is merger and acquisition a good career?

A career in insurance mergers and acquisitions involves analyzing and executing deals within the insurance industry, requiring strong financial, negotiation, and industry knowledge. It can be a rewarding field for those interested in corporate strategy, with opportunities for advancement and high earning potential, especially for professionals with relevant certifications and experience. Success depends on skills, market conditions, and the ability to navigate complex transactions.

What are insurance mergers and acquisitions?

Insurance mergers and acquisitions (M&A) refer to the process where two or more insurance companies combine (merger) or when one insurance company purchases another (acquisition). These transactions are typically undertaken to expand market share, diversify product offerings, improve operational efficiency, or achieve other strategic goals. The process involves complex legal, financial, and regulatory considerations, including due diligence and approval by regulatory bodies. M&A activity in the insurance sector can significantly reshape the competitive landscape and impact both employees and policyholders of the involved companies.

What are the key skills and qualifications needed to thrive in insurance mergers and acquisitions?

To thrive in Insurance Mergers & Acquisitions, you need a strong background in finance, business analysis, and insurance industry knowledge, often supported by a degree in finance, business, or law. Familiarity with financial modeling tools, due diligence processes, and regulatory compliance systems is crucial. Outstanding negotiation, analytical thinking, and effective communication skills set top professionals apart in this field. These abilities are vital for navigating complex transactions, mitigating risk, and achieving successful integration in a highly regulated and competitive industry.

What are some common challenges faced by professionals working in insurance mergers and acquisitions, and how can they be addressed?

Professionals in insurance mergers and acquisitions often encounter challenges such as navigating complex regulatory requirements, aligning corporate cultures, and managing stakeholder expectations during integration. To address these, it's important to stay updated on relevant regulations, foster open communication between merging organizations, and involve key stakeholders early in the process. Additionally, collaborating closely with legal, financial, and operational teams ensures a smoother transition and successful deal execution.
More about Insurance Mergers Acquisitions jobs
What cities are hiring for Insurance Mergers Acquisitions jobs? Cities with the most Insurance Mergers Acquisitions job openings:
What states have the most Insurance Mergers Acquisitions jobs? States with the most job openings for Insurance Mergers Acquisitions jobs include:
Infographic showing various Insurance Mergers Acquisitions job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 21% Part Time, and 5% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $118,006 per year, or $56.7 per hour.

Senior Manager, Mergers & Acquisitions (Insurance)

West Monroe

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 3 days ago


Job description

Are you ready to make an impact?
At West Monroe, our people are our business. We pride ourselves on bringing a different mindset to consulting-one that is highly collaborative, flexible, and tenacious. Our people-first culture is core to our identity, and we are committed to fostering an inclusive and diverse environment where unique perspectives drive impactful results.
We help clients navigate the full transaction lifecycle-from pre-close due diligence through post-close integration and value creation-while enabling long-term growth through operating model transformation, technology modernization, data and analytics, and digital strategy. This role will focus on insurance value creation opportunities such as insurance brokers, carriers, MGAs, InsurTechs, and insurance services organizations.
We are seeking a Senior Manager with deep experience in Mergers & Acquisitions (M&A) to help lead our growing Insurance Value Creation vertical. This leader will be responsible for managing complex client engagements, developing trusted executive relationships, driving business development, mentoring teams, and helping shape the future of our Insurance M&A offering.
Responsibilities
Client Leadership
  • Lead complex technology, operations, and business transformation engagements for Private Equity and Corporate Strategic clients across the transaction lifecycle, including platform acquisitions, mergers, integrations, carve-outs, and value creation initiatives.
  • Serve as a trusted advisor to executive client stakeholders, including CIOs, CTOs, CFOs, business leaders, and Private Equity operating partners.
  • Lead pre-close technology and operational due diligence efforts by assessing risks, identifying value creation opportunities, and developing actionable recommendations for investors and corporate buyers.
  • Oversee post-close integration, separation, and transformation programs, including Day 1 readiness, operating model design, technology modernization, systems integration, data strategy, and digital transformation initiatives.
  • Provide executive-level guidance on technology investments, operating model decisions, organizational design, and transformation roadmaps.
  • Ensure successful engagement delivery by managing scope, quality, financial performance, staffing, and client satisfaction across multiple concurrent engagements.
  • Lead executive steering committees, workshops, and client presentations while effectively managing complex stakeholder environments.
  • Identify risks, resolve issues proactively, and drive measurable business outcomes for clients.

Practice Leadership
  • Help define and execute the strategic direction of West Monroe's Insurance M&A practice.
  • Develop and enhance methodologies, frameworks, accelerators, and intellectual property supporting technology due diligence, post-close execution, and value creation.
  • Collaborate across West Monroe practices-including Software, Infrastructure, Cybersecurity, Data & AI, and Customer Solutions-to deliver integrated client solutions.
  • Mentor, coach, and develop consultants, managers, and senior consultants while fostering a collaborative, high-performing team culture.
  • Play an active role in recruiting, onboarding, performance management, and career development of team members.
  • Contribute thought leadership through market insights, publications, conference participation, and industry events.

Business Development
  • Lead business development activities by cultivating executive relationships with Private Equity firms, strategic acquirers, and insurance executives.
  • Identify, qualify, and pursue new business opportunities while expanding existing client relationships.
  • Lead proposal development, solution design, pricing strategy, staffing plans, and pursuit teams.
  • Develop account strategies that generate repeat business and long-term client partnerships.
  • Represent West Monroe at Insurance, M&A, and Private Equity industry events while strengthening the firm's market presence.

Qualifications:
  • 8+ years of consulting, M&A advisory, technology consulting, or operational leadership experience within the Insurance industry.
  • Significant experience leading technology and operational due diligence, post-merger integration, carve-outs, and value creation initiatives for Private Equity investors and corporate strategics.
  • Demonstrated success managing complex consulting engagements and leading multidisciplinary teams.
  • Proven track record developing executive-level client relationships and serving as a trusted advisor to C-suite stakeholders.
  • Experience leading business development efforts, including originating opportunities, developing proposals, and expanding client accounts.
  • Strong understanding of enterprise technology, cloud platforms, software products, digital transformation, data strategy, and technology operating models.
  • Exceptional communication, executive presentation, negotiation, and stakeholder management skills.
  • Strong financial acumen with experience managing engagement economics and profitability.
  • Proven ability to coach, mentor, and develop consulting teams while fostering an inclusive, collaborative culture.
  • Bachelor's degree required; MBA or other advanced degree preferred.
  • Ability to travel up to 30%; travel is typically short-term (2-3 days on-site per diligence project, with higher travel during post-close execution).
  • Authorization to work permanently in the United States without sponsorship.
  • A commitment to inclusion, diversity, and openness to new ideas and perspectives.

Preferred Qualifications:
  • Deep expertise across Insurance subsectors, including brokers, carriers, MGAs, InsurTech, insurance services/BPO, and FinTech.

Based on pay transparency guidelines, the salary range for this role can vary based on your proximity to one of our West Monroe offices (see table below). Information on our competitive total rewards package, including our bonus structure and benefits is here. Individual salaries are determined by evaluating a variety of factors including geography, experience, skills, education, and internal equity.
Employees (and their families) are covered by medical, dental, vision, and basic life insurance. Employees are able to enroll in our company's 401k plan, purchase shares from our employee stock ownership program and be eligible to receive annual bonuses. Employees will also receive unlimited flexible time off and ten paid holidays throughout the calendar year. Eligibility for ten weeks of paid parental leave will also be available upon hire date.
Seattle or Washington, D.C.
$209,800-$246,800 USD
Los Angeles
$219,800-$258,500 USD
New York City or San Francisco
$229,800-$270,300 USD
A location not listed above
$199,800-$235,000 USD
Other consultancies talk at you.
At West Monroe, we work with you.

We're a global business and technology consulting firm passionate about creating measurable value for our clients, delivering real-world solutions.
The combination of business and technology is not new, but how we bring them together is unique. We're fluent in both. We know that technology alone is not the answer, but how we apply it is. We rely on data to constantly adapt and solve new challenges. Actions that work today with outcomes that generate value for years to come.
At West Monroe, we zero in on the heart of the opportunity, getting to results faster and preparing people for what's next.
You'll feel the difference in how we work. We show up personally. We're right there in the room with you, co-creating through the challenges. With West Monroe, collaboration isn't a lofty promise, but a daily action. We work together with you to turn vision into clear action with lasting impact.
West Monroeis an Equal Employment Opportunity Employer
We believe in treating each employee and applicant for employment fairly and with dignity. We base our employment decisions on merit, experience, and potential, without regard to race, color, national origin, sex, sexual orientation, gender identity, marital status, age, religion, disability, veteran status, or any other characteristic prohibited by federal, state or local law. To learn more about diversity, equity and inclusion at West Monroe, visit www.westmonroe.com/inclusion. If you require a reasonable accommodation to participate in our recruiting process, please inquire by sending an email to recruiting@westmonroe.com.
Please review our current policy regarding use of generative artificial intelligence during the application process.
If you are based in California, we encourage you to read West Monroe's Notice at Collection for California residents, provided pursuant to the California Consumer Privacy Act (CCPA) and linked here.