Associate Portfolio Manager, Private Equity

at  Lockton Inc

Working at Lockton
At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.
Business unit
Northeast Series
Schedule
Full-time
Job type
Standard
Workplace
Hybrid
Your Responsibilities

Qualifications

• Bachelor’s degree in relevant business discipline.
• Minimum of 2 years’ experience in the employee benefits industry. M&A experience preferred.
• Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint) and the ability to quickly learn and effectively use various virtual data sites and Lockton technology tools
• Ability to compile, analyze, present, and interpret employee benefits and financial information, accurately and with attention to details.
• Strong organizational and time management skills; ability to prioritize workload and meet time-sensitive deadlines.
• Ability to communicate professionally and effectively in written correspondence and verbally.
• Demonstrated interpersonal skills and ability to interact with Associates at all levels of responsibility, both within the department and across the company, to create a cohesive pleasant working environment.
• Advanced knowledge of general office and administrative procedures, such as file management, internet search, time and calendar management.
• Legally able to work in the United State

ABOUT THE TEAM & ROLE:

The Private Equity Practice provides consultative advice on property and casualty and employee benefits insurance to the private equity community and their portfolio companies. The Private Equity Practice supports our private equity partners with due diligence, pre-closing consolidation/cost saving strategies, and post-closing placement services. This team of experienced professionals provides a comprehensive assessment of the financial impact of insurance and employee benefits on a potential acquisition from both a purchase price and ongoing operational perspective.
As an Associate Portfolio Manager, you will provide support to our Portfolio Managers who are focused on converting portfolio companies into Lockton clients. You will support the Portfolio Managers by reviewing pre-closing data, running demographic and actuarial models, completing industry benchmark reports, coordinating deliverables with internal Lockton resources, running simple cost saving models and placing findings into an Opportunities Assessment document for the Private Equity firms. You will also be involved post-closing to help transition new clients to their ongoing Lockton service team, share knowledge and data gathered during the deal process and support employee communication material as needed.

ADDITIONAL RESPONSIBILITIES:

• Recommends potential enhancements or improvements to processes, products, and/or policies
• Engages in Portfolio Company strategy meetings to manage expectations around cost saving opportunities
• Develops and presents coverage plan and renewal terms to Portfolio Company
• Assesses and interprets exposure information from the Portfolio Company
• Reviews new business opportunity information and provides related recommendations to Portfolio Managers
• Establishes and maintains relationships and interfaces with Portfolio Company, carriers, and other vendors
• Develops financial models and reports for Portfolio Company and more senior staff, provides interpretation and implication of analysis, as well as recommendations

Qualifications

• Bachelor’s degree in relevant business discipline.
• Minimum of 2 years’ experience in the employee benefits industry. M&A experience preferred.
• Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint) and the ability to quickly learn and effectively use various virtual data sites and Lockton technology tools
• Ability to compile, analyze, present, and interpret employee benefits and financial information, accurately and with attention to details.
• Strong organizational and time management skills; ability to prioritize workload and meet time-sensitive deadlines.
• Ability to communicate professionally and effectively in written correspondence and verbally.
• Demonstrated interpersonal skills and ability to interact with Associates at all levels of responsibility, both within the department and across the company, to create a cohesive pleasant working environment.
• Advanced knowledge of general office and administrative procedures, such as file management, internet search, time and calendar management.
• Legally able to work in the United States

Equal Opportunity Statement
Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.
At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.
About Lockton
Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 10,000+ Associates doing business in over 100 countries are empowered to do what’s right every day.
At Lockton, we believe in the power of all people. You belong at Lockton.
How We Will Support You
At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.
We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.
No Agencies Please
Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant’s resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees