Liberty Mutual Insurance · 1 hour ago
Associate, Direct Lending - Liberty Mutual Investments
US-NY-New York
Full-time
Onsite
Mid, Senior Level
5+ years expLiberty Mutual Investments is seeking an Associate to join their Direct Lending team, which plays a crucial role in the leveraged finance platform within the Global Credit Markets business. The Associate will manage the end-to-end private credit investment process, including sourcing, underwriting, and monitoring private loans.
FinanceFinancial ServicesInsurance
Responsibilities
Contribute as an integral member of the team to invest in private debt financings across the capital structure, with an emphasis on unitranche, first lien, and second lien loans
Assist in quarterbacking the investment process from start to finish, working closely with Team Leaders and Credit Research to conduct company and industry research, develop investment recommendations, and to manage loan positions post-closing of the initial investment
Contribute to the preparation of the investment committee memorandums (complete with financial projections) and support Team Leaders in the presentation of the team’s investment recommendations to internal investment committees
Support Team Leaders in the evaluation, structuring, and negotiation of economic and legal terms at both the term sheet stage and during final documentation
Actively monitor the performance of existing investments and maintain relationships post-close with key investment participants, including the Borrower / Sponsor and Agent; provide detailed updates to team members during scheduled portfolio reviews and as needed on an ad-hoc basis
Collaborate cross-functionally with additional LMI teams including Legal, Finance, Accounting and Risk Management to execute transactions and manage the portfolio
Engage externally with other market participants (e.g. other direct lenders and buyside investors, bankers, advisers, and third-party consultants) as part of the overall investment process
Support relationship coverage with private equity firms across the lower, middle, and large market, as well as other deal sources to help meet the team’s origination targets
Take an active role in the training, development, and coaching of Analysts within the team
Qualification
Required
5+ years of investing experience, including a minimum of 3+ years in the direct lending / private credit space
Previous experience in underwriting and monitoring credit investments
Proven ability to interact with, assess, and build relationships internally as well as externally, with Borrowers, Sponsors and other deal sources
Previous experience with credit agreement documentation and or other relevant legal documentation
Ability to identify company, industry, and market risks and opportunities, and to evaluate risk mitigation strategies
Excellent communication skills (written and verbal) with an ability to clearly articulate relevant key learnings and insights derived during the due diligence process
Self-starter with a willingness to be flexible and take on additional responsibilities depending on the needs of the business
Strong academic credentials and a demonstrated track record of successful work experience
Proven ability to work collaboratively in team environments
Demonstrates strong AI literacy and uses AI-enabled tools to enhance speed, accuracy, and insight generation while maintaining sound judgment and compliance with governance standards
Benefits
Flexible Time Off Annual Accrual - days: 20
Company
Liberty Mutual Insurance
Liberty Mutual Insurance provides a broad range of insurance products and services.
10001+ employees
H1B Sponsorship
Liberty Mutual Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (7)
2024 (14)
2023 (5)
2022 (8)
2021 (12)
2020 (5)
Funding
Current Stage
Late StageTotal Funding
$886.84M2025-09-17Debt Financing· $886.84M
Leadership Team
Julie Haase
EVP and Chief Financial Officer, Liberty Mutual Insurance
Joann Gomez
Division Vice President, Risk Management - West Zone
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