FAQs
What are the primary responsibilities of the Associate Portfolio Manager, Private Equity?
The primary responsibilities include supporting Portfolio Managers in converting portfolio companies into Lockton clients, reviewing pre-closing data, running demographic and actuarial models, completing industry benchmark reports, coordinating deliverables, developing financial models, and assisting in client transition post-closing.
What qualifications are required for this position?
A Bachelor’s degree in a relevant business discipline and a minimum of 2 years’ experience in the employee benefits industry are required, with M&A experience preferred.
Is prior experience in M&A necessary for this role?
While M&A experience is preferred, it is not strictly necessary. However, a background in the employee benefits industry is required.
What software skills are needed for this role?
Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint) is required, along with the ability to learn and effectively use various virtual data sites and Lockton technology tools.
What type of financial analysis will I be expected to perform?
You will be expected to develop financial models and reports, present interpretations and implications of the analysis, and provide recommendations based on your findings.
Will I have the opportunity to interact with other professionals and clients?
Yes, you will establish and maintain relationships with portfolio companies, carriers, and other vendors, and engage in strategy meetings to manage expectations.
What soft skills are important for success in this role?
Strong organizational and time management skills, effective written and verbal communication, and interpersonal skills to interact with associates at all levels are important for success.
Is there an opportunity for career growth within this team?
Yes, there are opportunities for learning and career advancement as you gain experience and establish relationships within the Private Equity Practice.
What is the working environment like within the Private Equity Practice team?
The working environment is collaborative and supportive, with experienced professionals working together to provide comprehensive consultative advice to the private equity community.
Do I need to have prior experience handling employee communications?
Experience with employee communication materials is beneficial, as you may be asked to support such initiatives during the client transition process.