Associate, Energy & Infrastructure - Liberty Mutual Investments

Liberty Mutual Insurance

  • Boston, MA
  • Permanent
  • Full-time
  • 2 months ago
DescriptionThe CompanyLiberty Mutual Investments (LMI) manages Liberty Mutual Insurance Group’s (LMIG) global financial assets across global markets and private domains to build capital and generate income. With over $100 billion in assets under management (AUM) and a team of nearly 300 investment, finance, and operations professionals located in Boston, MA, and New York, NY, LMI offers the best of both worlds — the look and feel of a boutique investment firm with the reputation and financial strength of a global leader.LMI has been on a transformation path to spur innovation, capitalize on deep expertise, and scale its returns on long-term flexible capital through a “one firm, one portfolio, one team” mindset. Our operating model is built on three pillars: centralized portfolio construction, asset management, and investment-enabling services. The teams are structured as Investment Business Units (IBUs) working in concert: Global Strategy & Capital Allocation, Risk Management, Global Credit Markets, Global Alternative Markets, Global Liquid Markets, and Global Investment Solutions. Our portfolio spans a broad spectrum of public and private asset classes, and we are committed to expanding our capabilities and our toolkit in furtherance of our mission.The PositionThe Energy & Infrastructure (E&I) team, part of the $22 billion Global Alternative Markets portfolio, is seeking an Associate as the mandate executes on its next phase of growth. The strategy invests holistically across the infrastructure landscape including opportunities in traditional energy, digital infrastructure, diversified infrastructure, renewables, and energy transition. The team's mandate is to deliver compelling, risk-adjusted returns with strong downside protection and significant upside potential. The team leverages subject matter expertise, ability to underwrite complexity, speed to execute, and a peer-oriented go-to-market strategy to establish E&I as a differentiated partner of choice. This hire will be an integral member of the E&I team with significant ownership of the investment process across market research, sourcing, underwriting and ongoing portfolio management. The individual hired will be centrally involved in the execution of direct/co-investment transactions and will also contribute meaningfully to primary fund commitments/relationships.Responsibilities
  • Contribute as an integral member of the E&I Equity team to invest in opportunities across the infrastructure landscape.
  • Manage investment diligence from start to finish, performing comprehensive analysis and developing recommendations on equity directs, 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.
  • Assist in the evaluation, structuring, and negotiation of economic and legal terms.
  • Actively monitor existing investments, maintain external relationships with partners, and provide detailed updates to team members as needed.
  • Contribute to regular engagement with external stakeholders and market participants to support the E&I team’s origination goals and enhance market presence; expectation that sourcing and relationship management will become a larger component of the role over time.
  • Collaborate cross-functionally with additional LMI teams including Legal, Finance, Accounting, and Risk Management to execute transactions and manage the portfolio.
Qualifications
  • 3-6 years of relevant work experience in infrastructure or private equity investing, investment banking, or consulting
  • Previous experience in underwriting direct / co-invest investments with a demonstrated ability to identify and evaluate transaction risks, value-creation opportunities and risk mitigation strategies.
  • Excellent written and verbal communication skills; comfortable making investment recommendations, and addressing questions from, an investment committee.
  • Detail-oriented, accurate, and capable of producing consistent work product.
  • Strong interpersonal skills; comfortable with consensus decision-making and working in a collaborative, team-based environment.
  • Self-motivated and creative with the ability to work independently; flexibility to take on additional responsibilities depending on the needs of the business.
  • Proven ability to interact and build relationships with internal and external investment professionals and executives.
  • Ability to manage multiple responsibilities and time-sensitive deliverables with a high degree of quality and accuracy.
  • Passion for investing and strong interest in energy and infrastructure.
  • Minimum of a Bachelors degree from a leading institution.
About UsPay 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.As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits, and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.We are dedicated to fostering an inclusive environment where employees from all backgrounds can build long and meaningful careers. By actively seeking employee feedback and amplifying the voices of our seven Employee Resource Groups (ERGs), which are open to all, we create an environment where every individual can make a meaningful impact so we continue to meet the evolving needs of our customers.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 about our benefit offerings please visit: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.Fair Chance Notices

Liberty Mutual Insurance