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Senior Associate, Private Equity - Liberty Mutual Investments

Liberty Mutual

Liberty Mutual

Boston, MA, USA
Posted on Wednesday, May 29, 2024

Senior Associate, Private Equity - Liberty Mutual Investments

Job Locations US-MA-Boston
ID
2024-64417
Position Type
Full-Time
Minimum Salary
USD $0.00/Yr.
Maximum Salary
USD $0.00/Yr.
Flexible Time Off Annual Accrual - days
2.5

Pay Philosophy

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

Description

Company Overview:

Liberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group’s (LMIG) global financial assets across global and private domains to build capital and generate income. With over $100 billion in AUM and staffed with 300-plus investment, finance and operations professionals located in Boston, MA, we offer the best of both worlds — the look and feel of a boutique investment firm and the reputation and financial strength of a global leader. #LMI

Job Summary:

We are currently seeking a Senior Associate to join our Global Private Investments Group. This individual will be an integral member of the Private Equity team, helping to manage the firm’s investment activities across the leveraged buyout, growth equity, and venture capital markets. The candidate will have significant ownership of the end-to-end investment process including market research, sourcing, underwriting, and ongoing portfolio management. The individual hired will be centrally involved in direct/co-investments and will also contribute meaningfully to primary fund commitments.

Responsibilities:

  • Contribute as an integral member of the Private Equity team to invest in private equity opportunities across the leveraged buyout, growth equity, and venture capital markets.
  • Manage investment diligence from start to finish, performing comprehensive analysis and developing recommendations on equity co-investments and fund commitments.
  • Effectively screen opportunities, identifying and succinctly communicating the most relevant investment highlights and key risk considerations.
  • Lead the creation of investment committee materials (complete with financial projections) and present the team’s investment recommendations to internal investment committees.
  • Evaluate, structure, and negotiate economic and legal terms.
  • Actively monitor existing investments and maintain relationships with partners; provide detailed updates to team members during scheduled portfolio reviews and on an ad-hoc basis as needed.
  • Contribute to regular engagement with external stakeholders and market participants to support the PE team’s origination goals; expectation that sourcing and relationship management will become a larger component of the role over time
  • Take an active role in the training, development, and coaching of the team’s less seasoned investors.
  • Collaborate cross-functionally with additional LMI teams including Legal, Finance, Accounting, and Risk Management to execute transactions and manage the portfolio.

Qualifications

  • 5+ years of relevant work experience in private equity, investment banking, or consulting
  • Previous experience in underwriting direct / co-invest investments; ability to identify company, industry, and market risks and opportunities, and to evaluate risk mitigation strategies.
  • Excellent written and verbal communication; can clearly articulate relevant key learnings and insights derived during investment diligence.
  • Strong interpersonal skills; comfortable with consensus decision-making and working in a collaborative, team-based environment.
  • Proven ability to interact and build relationships with internal and external investment professionals and executives.
  • Self-starter with a willingness to be flexible and take on additional responsibilities depending on the needs of the business.
  • Strong academic credentials and a demonstrated track record of successful work experience.
  • Ability to manage multiple responsibilities and time-sensitive deliverables with a high degree of quality and accuracy.
  • Passion for investing and a deep understanding of the private equity industry.
  • Minimum of a Bachelors degree in Finance, Accounting, Economics or related field.

About Us

**This position may have in-office requirements depending on candidate location.**

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That’s why we provide an environment focused on openness, inclusion, trust and respect. Here, you’ll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more, please visit https://www.libertymutualgroup.com/about-lm/careers/benefits

Liberty Mutual has proudly been recognized as a “Great Place to Work” by Great Place to Work® US for the past several years. We were also selected as one of the “100 Best Places to Work in IT” on IDG’s Insider Pro and Computerworld’s 2020 list. We have been named by Forbes as one of America’s Best Employers for Women and one of America’s Best Employers for New Graduates—as well as one of America’s Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran’s status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

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