Associate – Strategy & Partnerships – Liberty Mutual Investments

Associate – Strategy & Partnerships – Liberty Mutual Investments

Requirements

• Bachelor’s Degree from a leading institution (Finance, Economics, or Accounting preferred)
• 3+ years of related work experience (prior experience in private credit, fund investing, direct investing, investment banking, consulting, or M&A is preferred)
• Excellent quantitative and qualitative analytical skills
• Strong decision making ability and communication skills, both verbal and written
• High comfort level working in Excel, PowerPoint and Word (Efront and CapitalIQ also preferred)
• Detail-oriented, accurate and consistent work product
• Comfortable making investment recommendations to and fielding questions from an investment committee
• Desire to interact with external constituencies including alternative asset managers and private credit partners
• Ability to prioritize and manage multiple tasks in a fast-paced environment
• Self-motivated with the ability to work independently as well as collaboratively across a team-oriented environment

Responsibilities

• Support the private credit team in the prospecting and evaluation of new investments in private credit funds and co-investments, as well as in the monitoring of existing private credit fund investments within the portfolio
• Lead all aspects of due diligence and analysis of fund investments, including pro forma modeling and examining past underlying portfolio investments
• Develop and present investment committee materials
• Manage deal execution, including legal documentation
• Engage with external partners and investors
• Provide timely market intelligence to the team on the evolution of the private credit landscape as well as deal-specific observations on market pricing, investment structures and deal terms by performing market mapping, identifying and meeting with external managers, and evaluating new opportunities
• Analyze potential fund investments and make recommendations on commitments to external managers to our investment committee
• Negotiate limited partnership agreements and side letters
• Engage with partners to monitor performance, track trends and investment themes, and source and analyze direct investments and strategic development opportunities
• Manage and maintain a CRM system to track partnership interactions, pipeline investments and managers in the market
• Drive quarterly reporting with an emphasis on analyzing and measuring credit and financial performance in the portfolio from multiple perspectives including asset class, product, industry
• Independently run projects and work with external partners and work internally with other LMI credit groups as well as our legal, asset allocation, risk, and accounting and operations teams to develop customized solutions for corporate counterparts
• Work independently in a flat/lean team structure and promote a culture of collaboration, being willing to work cross-functionally to add value across the organization
• Pursue the development of technology, data, and analytics needed to support the role

Preferred Qualifications

• Prior experience in private credit, fund investing, direct investing, investment banking, consulting, or M&A is preferred
• Familiarity with Efront and CapitalIQ is preferred