Merger and Acquisitions Intern- Summer 2023 (Cleveland, OH)
Overview
As a Mergers and Acquisition Intern, you will gain an understanding of the prospecting and due diligence process for acquisitions. The program will provide you with a broad understanding of the acquisition cycle from identifying potential acquisitions, tracking them through our CRM, performing due diligence, and completing the acquisition process. You will gain an overall understanding of M&A department operations.
Specifically, you will learn how to analyze earn-out reports including EBITDA margins, revenue, net income, assets, liabilities, account receivables /payables, producer numbers, and evaluate an Agencies book of business. You will build valuable skills while working with a fast-paced team, understanding company risk appetites, and developing time management strategies.
The Ideal Candidate
- An excellent candidate is someone who is professional, adaptable, and congenial with an inquisitive personality and strong critical thinking skills
- You should know how to take initiative but also know how to work in a team as a dependable member
- Quality is extremely important to you in your work and you have great attention to detail
National Internship Program:
At AssuredPartners, our internship program was created to support the next generation of talent in finding meaningful, professional development experiences within the insurance industry. We expect all of our teammates to actively present new ideas, take a thoughtful approach to responsibilities, and help contribute to building our culture. You will grow with the help of an assigned mentor, be exposed to leadership, departments, and other interns, and create lasting connections.
Responsibilities
Please note that the duties below can vary based on the workflow of your local office.
- Utilize company CRM to build out target lists.
- Identity details for potential acquisitions.
- Have an active engagement in the M&A NDA stage, due diligence process and LOI process.
- Utilize market data to identify potential contacts and agency owners.
- Build out a strategy around email marketing campaigns.
- Gather notes and keep records for department meetings.
- Call agencies to collect information needed for request lists.
- Tabulate and post data in appropriate customer contact system or in data base/spreadsheet.
- Generate reports on leads and opportunities.
- Follow company policies with respect to all essential duties and responsibilities.
- Other duties as assigned by superior personnel in the M&A process such as financial and legal teams.
- Travel is expected to be negligible in this role.
Qualifications
- Must be enrolled in a Bachelor’s degree (B.A.) from a four-year college or university
- Proficient Microsoft Excel skills
Grow, with us
AssuredPartners is passionate about fueling our clients’ innovation and growth. That makes us the perfect place for creative, dynamic people who want to grow their career while helping businesses, families and people thrive.
We’re proud to be the fastest-growing independent insurance broker in America, but we’re even prouder of the honest, caring relationships that our employees build with our clients every day.
Working with us will give you the opportunity to do work that matters while you learn with us, advance with us, and most importantly, grow with us.
AssuredPartners is committed to embracing diversity, equity and inclusion to create a workplace that welcomes and thrives on the unique experiences, perspectives and contributions of all team members. AssuredPartners is bringing the best people and most diverse talent forward to drive growth, innovate and think bigger!