Liberty Mutual Insurance

Associate, Alternative Credit - Liberty Mutual Investments

Liberty Mutual Insurance  •  New York City, NY (Hybrid)  •  3 months ago
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Job Description

The Company

Come build on our integrated platform with industry-leading talent, world-class partners, and freedom to innovate.

Liberty Mutual Investments (LMI) is the investment firm for Liberty Mutual Group (Liberty). With deep expertise in fixed income, equity, and alternative strategies, LMI invests more than $100B of long-term capital globally, and has a team of nearly 300 investment, finance, and operations professionals located in Boston, MA, and New York, NY. LMI has a clear purpose: drive economic growth, build enduring businesses side-by-side with our partners, and generate superior risk-adjusted returns that secure Liberty’s promises.

LMI offers the best of both worlds — the look and feel of a boutique investment firm with the reputation and financial strength of a global leader. As the investment firm of a mutual with long-term capital, LMI has a single client mandate. This gives us the freedom to focus on what we do best.

Our portfolio spans a broad spectrum of public and private investments, and we are committed to expanding our capabilities and our toolkit in support of our mission. We invest across diverse asset classes, financial structures, and industries, including real estate, digital infrastructure, healthcare, renewable energy, and technology—with the aim of creating value and powering innovation. We pride ourselves on our extensive network of mutually beneficial partnerships, and we use our substantial influence, capital, and energy to drive towards a better future. #LMI

The Position

LMI is seeking an experienced Associate to join the Alternative Credit group within Liberty’s $22bn Global Alternative Markets platform. The team invests across private credit and opportunistic equity structures spanning consumer, commercial, residential, and structured credit markets. Investments include whole loans, warehouse facilities, asset-backed securities, and structured credit as well as preferred equity and platform financings. The role offers meaningful responsibility across the full lifecycle of investments—sourcing, underwriting, execution, and portfolio management—with direct exposure to senior investment leadership and the opportunity to deploy capital across the capital structure.

Title/level commensurate with experience.

Responsibilities

  • Evaluate and execute private credit, structured investments, and select equity / hybrid structures across asset classes and transaction types
  • Source and screen new opportunities; develop investment thesis and relative value views across markets and structures
  • Lead diligence workstreams, including financial modeling, collateral/cash flow analysis, downside and recovery analysis, and structuring
  • Coordinate third-party diligence and manage execution timelines to close
  • Prepare and present investment committee materials and recommendations to senior leadership
  • Monitor and manage portfolio performance
  • Partner closely with Legal, Finance, Accounting, and Risk to support investment execution and ongoing oversight
  • Contribute to tools and infrastructure for portfolio reporting, analytics, and process improvement
  • Collaborate across LMI teams to share market insights and support broader platform initiatives

Qualifications

  • Bachelor’s degree with strong academic credentials
  • 3–7 years of relevant experience in specialty finance, private credit, structured credit, investment banking, private equity, or other alternative investment / financial institutions
  • Strong underwriting and financial modeling skills; advanced proficiency in Excel
  • Ability to synthesize complex financial, market, and operational diligence into clear investment views and recommendations
  • Excellent written and verbal communication skills, including comfort presenting to senior stakeholders
  • Strong ownership mentality, judgment, and intellectual curiosity
  • Collaborative, team-oriented approach; effective cross-functional partner
  • Strong attention to detail and ability to manage multiple priorities in a fast-paced environment
  • Experience with asset-backed structures (warehouse/ABS), fund finance, or platform investing is a plus
  • Comfort reviewing legal documents is a plus as well

About Us

Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits    Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.    Fair Chance Notices 

  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco
Liberty Mutual Insurance

About Liberty Mutual Insurance

At Liberty Mutual, we believe progress happens when people feel secure. For more than 110 years we have helped people and businesses embrace today and confidently pursue tomorrow by providing protection for the unexpected and delivering it with care.

A Fortune 100 company with more than 40,000 employees in 28 countries and economies, we are the ninth largest global property and casualty insurer and generate more than $50 billion in annual consolidated revenue.

We operate through three strategic business units: US Retail Markets, providing auto, home, renters and other personal and small commercial lines property and casualty insurance to individuals and small businesses countrywide; Global Risk Solutions, delivering a full range of comprehensive commercial and specialty insurance, reinsurance and surety solutions to mid-size and large businesses worldwide; and Liberty Mutual Investments, deploying more than $100 billion of long-term capital globally across its integrated platform to drive economic growth, power innovation and secure Liberty Mutual’s promises.

For more information, visit www.libertymutualinsurance.com.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Boston, MA
Year Founded
Unknown
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