Transactional Advisor - Project Manager

Marsh•New York, NY

14d•$145,600 - $310,100•Hybrid

About The Position

We are seeking a talented individual to join PEMA team at Marsh. The role will be based in Miami. This is a hybrid role that has a requirement of working at least three days a week in the office. Private Equity and M&A Services (PEMA), a boutique practice within Marsh, is the leading provider of risk management advisory services to private equity investors and corporate clients contemplating a merger or acquisition. PEMA employs Marsh’s global platform to deliver innovative, creative and non-traditional uses of risk transfer and insurance capital management. We provide these services seamlessly utilizing a dynamic team of dedicated, highly experienced specialists. Purpose: Works as a relationship manager to conduct risk management due diligence for private equity and strategic buyers and sellers. Works with corporate client deal teams to facilitate transactions. Manages leveraged purchasing of insurance for key private equity firms and their portfolio companies. Oversees various Marsh resources and Marsh's work with underwriters to ensure quality programs and services. Due Diligence Project Management: Direct team of risk management product line specialists in reviewing transaction specific exposures, analyzing coverage, actuarial assessment of outstanding and projected self-funded costs, identifying potential uninsured hidden liabilities and estimating pricing for recommended coverages, transaction specific coverages and post-close coverages. Draft and deliver due diligence reports and oversee new and renewal risk management programs. What can you expect? Conduct an overall evaluation of target companies existing and historical insurance programs and determine if coverages are appropriate or if additional coverages should be considered post-close. Identify risk and insurance related-issues that may impact transaction value. Project estimated annual cost of risk for a target company’s insurance program on a post-closing basis and provide a comparison of such against prior year costs. Identify current insurance-related outstanding liabilities and determine if an adjustment to balance sheet may be warranted. What is in it for you? Gain exposure to key stakeholders and have the ability to make strong business connections. An opportunity for long-term growth within a dynamic and growing business unit. Exceptional benefits, great time off and additional benefits that come with working at Marsh. Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X. Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected]. Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person. The applicable base salary range for this role is $145,600 to $310,100. 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.

Requirements

8+ years P&C insurance experience, PEMA experience highly preferred
P&C License required or to be obtained
Bachelor’s Degree in related field
Knowledge of client risk issues and experience in the management of large, complex transactions and experience in a client-facing role.
Ability to network with clients, colleagues, insurance carriers and prospects

Nice To Haves

Bilingual (English/Spanish) is a plus

Responsibilities

Assist and support Senior Client Advisors on all areas of due diligence projects
Assist in analyzing claims data and loss projections of the target business, and identify any potentially problematic trends/patterns.
Review litigation history. Ensure all relevant claims have been properly tendered to applicable insurer.
Assist in the review draft purchase and sale agreements.
Assist with recommendations with respect to pre and post-closing coverage for Directors & Officers liability.
Assists in providing a written report summarizing Marsh PEMA’s analysis, advice and recommendations