Lockton Companies - New York, NY
posted 4 months ago
Working at Lockton means being part of a team that is passionate about helping our people achieve their ultimate potential. We are a group of curious, action-oriented individuals who are always striving to improve ourselves and those around us. Our culture is built on active listening, ensuring understanding, and developing innovative solutions to meet our clients' needs. As an Associate Portfolio Manager in the Private Equity Practice, you will play a crucial role in providing consultative advice on property and casualty and employee benefits insurance to the private equity community and their portfolio companies. This position involves supporting our private equity partners with due diligence, pre-closing consolidation and cost-saving strategies, and post-closing placement services. In this role, you will assist Portfolio Managers in converting portfolio companies into Lockton clients. Your responsibilities will include reviewing pre-closing data, running demographic and actuarial models, completing industry benchmark reports, and coordinating deliverables with internal Lockton resources. You will also run simple cost-saving models and compile findings into an Opportunities Assessment document for the Private Equity firms. Post-closing, you will help transition new clients to their ongoing Lockton service team, sharing knowledge and data gathered during the deal process and supporting employee communication materials as needed. Additionally, you will engage in Portfolio Company strategy meetings to manage expectations around cost-saving opportunities, develop and present coverage plans and renewal terms, assess exposure information, and establish relationships with Portfolio Companies, carriers, and other vendors. Your analytical skills will be essential as you develop financial models and reports for Portfolio Companies and senior staff, providing interpretations and recommendations based on your analysis.