*Associate Director - Private Equity
Zurich Alternative Asset Management (New York, NY) seeks an Associate Director – Private Equity responsible for making decisions on Zurich’s vital investment portfolios on an international level that will improve ZAAM's competitiveness and contribute to the expansion of Zurich Insurance Group's international business in the U.S. and worldwide. Specific duties include: source investment opportunities for PE program (15%); support deal leader and lead / co-lead, where necessary, on the analysis of the investment opportunities (20%); support deal leader on diligence topics formulation for external meeting discussions and in negotiation of documents (10%); support the development of theses and risks of investment opportunity (10%); actively participate in the drafting of investment materials to be presented to the investment committee (15%); initiate, develop and maintain appropriate tools for portfolio monitoring, market intelligence, and related analysis (10%); employ thesis-driven approach to identifying areas for potential investment consideration through research / thesis building (10%); represent ZAAM PE in structured meetings (5%); and support investment mandate set-ups, authoring documentation for review by senior Zurich executives, and outbound calling efforts (5%). Position requires 50% travel, both domestically and internationally. Option to work remotely with a requirement to be in the NY office three times per week.
Position requires a Bachelor’s degree, or foreign equivalent, in Finance, Financial Engineering, Computer Engineering, or a closely related field of study, plus 5 years of experience in the job offered, or as an Associate – Private Equity, Equity Portfolio Manager, Senior Equity Analyst, or similar investment research position. Must have 2 years of experience working in at least three of the following: private equity; institutional asset management; research or advisory firms; insurance companies; investment banking; management consulting; or alternative investments. Must also have 2 years of experience with each of the following: financial, accounting, and valuation analyses; three- statement financial modeling via Microsoft Excel; building LP fund cash flow modeling and using these LP fund cash flows to create public-market-equivalent analyses and private equity investment program sensitivities; leading or co-leading due diligence, value creation analyses, and reference calling of private equity fund managers or individual private equity transactions; presenting transactions to a formal investment committee and successfully receiving approval for at least 10 private equity transactions such as fund, co-investments, or secondaries; reviewing and negotiating key business terms and conditions related to private equity partnerships and side letters or shareholder agreements; data visualization experience using Microsoft PowerBI and creating custom data visualizations; working with private equity systems and tools, including Dynamo, Burgiss (Private I), Cambridge Associates Benchmark Calculator, Preqin, Capital IQ, Pitchbook, Bloomberg, and Crunchbase; and presenting investment reports or analyses in front of internal or external clients or at industry events. Must be willing to travel up to 50% of the time, both domestically and internationally. Option to work remotely with a requirement to be in the NY office three times per week.
Full time position. Apply by submitting your resumes at Zurichna.com/en/careers, Job ID: 127282
At Zurich, compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. In compliance with local laws, Zurich commits to providing a fair and reasonable compensation range for each role. For more information about our Total Rewards, please click here. Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply, as they will be considered based on their experience, skills, and education. The salary indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The proposed salary range for this position is $227,000.
As an insurance company, Zurich is subject to 18 U.S. Code § 1033.
A future with Zurich. What can go right when you apply at Zurich?
Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.
Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
Location(s): AM - New York
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag: #LI-DNI #NAAIA
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City