PEMA Portfolio Manager
Job Description
Marsh's Private Equity and M&A Services (PEMA) practice is a dedicated global team focused on providing insurance, risk management, due diligence, and post-acquisition services to private equity firms, alternative investment firms, infrastructure funds, strategic investors, other financial sponsors, and their related investments.
The successful candidate will have a strong knowledge of insurance, a good understanding of financial concepts, experience managing demanding clients and overseeing client service teams, a desire to help grow PEMAs book of business and a proven ability to think and work independently.
The PEMA Portfolio Manager will serve as a Super Client Executive, working with our global Private Equity clients, who own varying d portfolio companies. Individual portfolios are typically 10 -30 portfolio companies.
PEMA is seeking candidates for the following position based in the New York or Boston office:
PEMA Portfolio Manager
What can you expect
- Monitor implementation and execution of portfolio strategy for the Private Equity firm and its portfolio companies.
- Develop strong relationships with senior management at the Private Equity firm and its portfolio companies as well as with the local Marsh service teams and broking teams.
- Act as the central point of contact for the Private Equity firm and its portfolio companies and successfully liaise with the local service teams
- Monitor renewal process for all portfolio company clients
- Provide the Private Equity firm and its portfolio companies with an annual stewardship report.
- Grow Marsh's penetration into the portfolio by generating new business opportunities for portfolio companies not presently serviced by Marsh
What is in it for you
- A company with a strong brand, with experience developingsolutionsfortoday's and tomorrow's toughest challenges
- A culture of internal mobility, diversity, inclusion, and collaboration
- which provide access to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations
- Flexible work opportunities for work/life balance
- Competitive pay and a full benefits package, starting Day 1 (Medical, Dental, Vision, Short- and Long-Term Disability and Life Insurance, Employee Stock Purchase program, and a generous paid time-off allowance) plus a fixed company contribution AND a company match on your 401k, after one year of service
We will count on you to:
- Manages the strategy for a given portfolio program by setting goals, assuring service standards meet or exceed client expectations, and protecting the firm from Errors & Omissions (E&O).
- Leads client and prospect appointments and identifies and executes cross-selling opportunities with existing portfolio companies and new business opportunities within the private equity firm's portfolio
- Schedules and leads/participates in pre-renewal meetings for major portfolio companies and coordinates the renewal business with the local office service teams as well as with PEMA and specialty broker teams.
- Identifies opportunities for loss cost reduction across the portfolio
- Works with Private Equity fund Senior Relationship Officer and Client Executive to liaison with Private Equity fund clients to keep them apprised of portfolio company developments and general insurance market updates
- Analyzes client and prospect research and industry issues to identify opportunities for collaboration across Practices, geographies and MMC companies
What you need to have:
Successful candidate should have at least 10 years of client management and insurance and risk management experience.
- Has strong written, oral and presentation skills to communicate at all levels of the organization
- Exhibits solid strategic analysis, problem solving, issue resolution and decision-making skills.
- Understands business planning concepts.
- Strong analytical and conceptual skills, broad based project management experience and outstanding client focus.
- Strong management skills required to lead teams in achievement of goals and objectives.
- General knowledge of core business consulting, processes, and methodologies. Proven ability to successfully manage projects of varying complexity.
- Strong project management skills and ability to manage multiple projects.
Consulting experience within Insurance or Financial services highly preferred
What makes you stand out:
- The successful candidate will have a good understanding of financial concepts, experience managing demanding clients and overseeing client service teams,
- a desire to help grow PEMAs book of business and a proven ability to think and work independently.
- A strong knowledge of insurance is preferred, but not required.
.. is the world's leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue approaching US $17 billion and 76,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: , , , and . Follow Marsh on Twitter and , or subscribe to .
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Job Details
Employment Types:
Full time
Industry:
Banking / Accounting / Financial Services
Function:
Banking
Skills:
Relationship project management experience core business prospect research portfolio client focus Stewardship Flexible Client Management Client Service Communicate Private Equity Presentation work/life balance Implementation leaders Management Mentoring analytical decision-making risk management Strategy Business Planning Consulting Experience Management Skills portfolio strategy Linkedin Project Management Skills project management manage projects Problem Solving renewal process conceptual Strategic Analysis Collaboration Senior Management business planning concepts
