Private Equity Consultant - R_281561-6153 - MMC
Schaumburg, IL
About the Job
This job was posted by https://illinoisjoblink.illinois.gov : For more
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12310208 About Marsh
McLennan Agency Midwest
Marsh McLennan Agency's Midwest Region is a full-service brokerage
providing business insurance, employee benefits, private client
insurance, and retirement services to businesses and individuals across
the country. MMA Midwest is consistently recognized as a top workplace,
attracting and retaining its insurance talent by rewarding expertise and
investing in career development. Colleagues enjoy an award-winning
culture that fosters a highly productive and results-driven working
environment.
Private Equity Consultants provide a highly desirable service to clients
and prospects of Marsh McLennan Agency. This individual will function as
a lead advisory colleague in helping clients with insurance due
diligence in a M&A transaction. The Private Equity Consultant will
proactively help clients understand and address all complex business
risks and financial implications as it relates to business insurance
ahead of close.
Thought Leadership
- Cultivate a deep understanding of the clients' business strategic
priorities, risk strategies, and risk management needs to advise the
client on any potential risks associated with the transaction
- Understand the client and/or target industry niche served, recognize
the typical business problems faced by clients and/or targets and
how our service platform across all disciplines provides solutions
to those issues
- Utilize substantial risk expertise and knowledge of industry and
insurance marketplace to review target company's exposures and loss
experience to develop solutions for moderately complex client needs,
including recommending additional products and services as solutions
to be implemented at time of close
- Prepare and deliver due diligence reports to appropriate parties
- Effectively communicate due diligence findings and coverage
solutions to the client throughout the diligence process
- Coordinate with clients' other diligence advisors on any findings
or gaps in coverage that materially impact other workstreams
- Partner and coordinate with internal and external teams to receive,
negotiate, and evaluate quotes from carriers and present the
evaluations and recommendations to the client
- Participate in presentations to prospective clients as it relates to
any diligence findings
- Build and maintain relationships with clients and target companies
and is the primary point of contact for due diligence related and
deal needs throughout the transaction process
- Maintain proactive awareness of industry and how changes in the
insurance industry, the economy, and legislation impact clients
their portfolio companies, and any potential acquisitions
- Help establish and build the Private Equity - Merger and Acquisition
team
- Mentor and coach junior staff members and Private Equity Analyst(s)
- Develop and nurture relationships with private equity firms, law
firms, accounting firms, investment banks, and financial
institutions with an aim of leveraging these into future business
opportunities
- Active internal communication to keep abreast of changing risk and
insurance market condition
- Liaise with internal practices to implement insurance placements
- Represent Marsh McLennan Agency in client and insurance industry
through visible writing, speaking, and networking engagements
- Advocate for changes and additions to our service platform that
increase the value created for our clients, add barriers to exit,
and follow our strategic direction
Create and Cultivate Relationships
- Relate well to all kinds of people, up, down, and sideways, inside
and outside the organization; build ap ropriate rapport; build
constructive and effective relationships, use diplomacy and tact;
can diffuse even high-tension situations comfortably
- Negotiate skillfully in tough situations with both internal and
external groups; can win concessions without damaging relationships;
can be direct and forceful as well as diplomatic; gains trust
quickly of other parties to the negotiations
Required
- Experience at an insurance brokerage with corporate and/or global
accounts
- 3+ years of experience in a Due Diligence/Private Equity role, or
demonstrated experience with clients considering M&A in an insurance
broking context
- Proven track record for accomplishing specific tasks
Preferred
- BS/BA in business, management, insurance, or related field
- Professional qualification (Actuarial, ACA, ACCA, CFA or equivalent)
- In depth understanding of investment manager operations and market
participants
- Knowledge of operational risk frameworks across asset classes,
including equity and fixed income, hedge funds, fund of funds,
private equity, private debt, real estate, and infrastructure
- General understanding of EBITDA and corporate financial statements
r
information, please see:
https://illinoisjoblink.illinois.gov/jobs/12310208 About Marsh
McLennan Agency Midwest
Marsh McLennan Agency's Midwest Region is a full-service brokerage
providing business insurance, employee benefits, private client
insurance, and retirement services to businesses and individuals across
the country. MMA Midwest is consistently recognized as a top workplace,
attracting and retaining its insurance talent by rewarding expertise and
investing in career development. Colleagues enjoy an award-winning
culture that fosters a highly productive and results-driven working
environment.
Private Equity Consultants provide a highly desirable service to clients
and prospects of Marsh McLennan Agency. This individual will function as
a lead advisory colleague in helping clients with insurance due
diligence in a M&A transaction. The Private Equity Consultant will
proactively help clients understand and address all complex business
risks and financial implications as it relates to business insurance
ahead of close.
Thought Leadership
- Cultivate a deep understanding of the clients' business strategic
priorities, risk strategies, and risk management needs to advise the
client on any potential risks associated with the transaction
- Understand the client and/or target industry niche served, recognize
the typical business problems faced by clients and/or targets and
how our service platform across all disciplines provides solutions
to those issues
- Utilize substantial risk expertise and knowledge of industry and
insurance marketplace to review target company's exposures and loss
experience to develop solutions for moderately complex client needs,
including recommending additional products and services as solutions
to be implemented at time of close
- Prepare and deliver due diligence reports to appropriate parties
- Effectively communicate due diligence findings and coverage
solutions to the client throughout the diligence process
- Coordinate with clients' other diligence advisors on any findings
or gaps in coverage that materially impact other workstreams
- Partner and coordinate with internal and external teams to receive,
negotiate, and evaluate quotes from carriers and present the
evaluations and recommendations to the client
- Participate in presentations to prospective clients as it relates to
any diligence findings
- Build and maintain relationships with clients and target companies
and is the primary point of contact for due diligence related and
deal needs throughout the transaction process
- Maintain proactive awareness of industry and how changes in the
insurance industry, the economy, and legislation impact clients
their portfolio companies, and any potential acquisitions
- Help establish and build the Private Equity - Merger and Acquisition
team
- Mentor and coach junior staff members and Private Equity Analyst(s)
- Develop and nurture relationships with private equity firms, law
firms, accounting firms, investment banks, and financial
institutions with an aim of leveraging these into future business
opportunities
- Active internal communication to keep abreast of changing risk and
insurance market condition
- Liaise with internal practices to implement insurance placements
- Represent Marsh McLennan Agency in client and insurance industry
through visible writing, speaking, and networking engagements
- Advocate for changes and additions to our service platform that
increase the value created for our clients, add barriers to exit,
and follow our strategic direction
Create and Cultivate Relationships
- Relate well to all kinds of people, up, down, and sideways, inside
and outside the organization; build ap ropriate rapport; build
constructive and effective relationships, use diplomacy and tact;
can diffuse even high-tension situations comfortably
- Negotiate skillfully in tough situations with both internal and
external groups; can win concessions without damaging relationships;
can be direct and forceful as well as diplomatic; gains trust
quickly of other parties to the negotiations
Required
- Experience at an insurance brokerage with corporate and/or global
accounts
- 3+ years of experience in a Due Diligence/Private Equity role, or
demonstrated experience with clients considering M&A in an insurance
broking context
- Proven track record for accomplishing specific tasks
Preferred
- BS/BA in business, management, insurance, or related field
- Professional qualification (Actuarial, ACA, ACCA, CFA or equivalent)
- In depth understanding of investment manager operations and market
participants
- Knowledge of operational risk frameworks across asset classes,
including equity and fixed income, hedge funds, fund of funds,
private equity, private debt, real estate, and infrastructure
- General understanding of EBITDA and corporate financial statements
r
Source : MMC
