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Private Equity Consultant - Business Insurance

Private Equity Consultant - Business Insurance

Marsh McLennanSchaumburg, IL, US
21 days ago
Job type
  • Full-time
Job description

Private Equity Consultant Business Insurance

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.

A day in the life. As our Private Equity Consultant Business Insurance on the Private Equity Services team, you'll :

  • Cultivate a deep understanding of clients' strategic priorities, risk strategies, and risk management needs to advise on potential risks associated with transactions.
  • Recognize typical business problems faced by clients and / or targets and leverage our service platform across all disciplines to provide effective solutions.
  • Utilize substantial risk expertise and knowledge of the industry and insurance marketplace to review target company exposures and loss experience, developing solutions for moderately complex client needs.
  • Prepare, deliver, and communicate due diligence reports to appropriate parties.
  • Coordinate with clients' other diligence advisors on findings or gaps in coverage that materially impact other workstreams.
  • Partner with internal and external teams to negotiate and evaluate quotes from carriers, presenting evaluations and recommendations to clients.
  • Build and maintain relationships with clients and target companies, serving as the primary point of contact for due diligence-related and deal needs throughout the transaction process.
  • Develop relationships with private equity firms, law firms, accounting firms, investment banks, and financial institutions to leverage future business opportunities.

Our future colleague. We'd love to meet you if your professional track record includes these skills :

  • 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.
  • Strong communication and negotiation skills.
  • Ability to build and maintain relationships with diverse stakeholders.
  • These additional qualifications are a plus, but not required to apply :

  • BS / BA in business, management, insurance, or a related field.
  • Professional qualification (Actuarial, ACA, ACCA, CFA, or equivalent).
  • In-depth understanding of investment manager operations and market participants.
  • We know there are excellent candidates who might not check all of these boxes. Don't be shy. If you're close, we'd be very interested in meeting you.

    A Great Place to Work. A Great Place to Perk.

    Recognized for workplace culture by the likes of Fortune Magazine, The Chicago Tribune and more, our colleagues enjoy an environment that fosters creativity as well as individual and organizational growth. A small sampling of the benefits our colleagues enjoy include :

  • Medical, dental, vision, 401K benefits and more
  • The flexibility to work at home or an office, based on your discretion and schedule
  • Start with 20 days of paid time off
  • A paid day off to volunteer and company-organized volunteer events
  • Up to $1,000 per year in matching charitable donations
  • Up to $750 per year in wellness rewards
  • All the nitro cold brew coffee and sparkling water you can drink
  • A company-wide mentality that you can never appreciate your co-workers too much
  • Who You Are is Who We Are

    MMA Midwest has created an award-winning culture largely due to meeting our colleagues where they are, celebrating their differences and building an inclusive environment. We challenge ourselves to create a workplace where our colleagues feel not only welcomed, but feel they belong; where we not only embrace diverse perspectives and opinions but seek them out; and where we ask not how a colleague fits our culture, but what they add to it.

    Marsh McLennan and its affiliates are EOE Minority / Female / Disability / Vet / Sexual Orientation / Gender Identity employers.

    The applicable base salary range for this role is $84,500 to $157,600. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives. We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs. Applications will be accepted until : November 30, 2025.

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