Senior Analyst or Associate, Energy & Infrastructure – Energy & Infrastructure

Job Description

Associate, Energy & Infrastructure | Liberty Mutual Investments

The Tone:
This is an Associate position at Liberty Mutual Investments, located in Boston, MA, or New York, NY. Liberty Mutual Investments is an investment firm with nearly 300 professionals globally, managing over $100B in long-term capital across diverse strategies. The firm operates with the focus of a boutique investment house, backed by the financial strength of a global leader, dedicated to driving economic growth, building enduring businesses, and generating superior risk-adjusted returns to secure its promises. This role is integral to the Energy & Infrastructure team’s mission, directly contributing to investment processes from market research to portfolio management.

The TL;DR
• Role: Associate, Early Career
• Location: In-person, Boston, MA or New York, NY

• Team: Energy & Infrastructure (E&I) team, part of the $22 billion Global Alternative Markets portfolio
• Mission: Drive compelling, risk-adjusted returns for the Energy & Infrastructure mandate by owning the investment process, from market research and sourcing to underwriting and ongoing portfolio management.
• Tech Stack: AI-enabled tools

What You’ll Actually Do
• Investment Strategy: Contribute as an integral member of the E&I Equity team to invest across the broad infrastructure landscape, encompassing traditional energy, digital infrastructure, renewables, and energy transition opportunities.
• Diligence & Recommendation: Manage investment diligence from start to finish, performing comprehensive analysis to develop strong recommendations on direct investments, co-investments, and fund commitments.
• Opportunity Assessment: Effectively screen investment opportunities, identifying and succinctly communicating critical investment highlights, key risk considerations, and value-creation potential.
• Investment Committee Presentation: Lead the creation of detailed investment committee materials, including financial projections, and confidently present the team’s investment recommendations to internal committees.
• Transaction Support: Assist in the evaluation, structuring, and negotiation of economic and legal terms for transactions, ensuring successful execution and adherence to the E&I mandate.

The Must-Haves
• Background: Bachelor’s Degree from a leading institution, combined with 3-5 years of relevant work experience. Candidates should have a background in infrastructure or private equity investing, investment banking, or consulting.
• Experience: Demonstrated ability to underwrite direct or co-investments, including identifying and evaluating transaction risks, value-creation opportunities, and effective risk mitigation strategies.
• Skills: Excellent written and verbal communication, with the ability to make investment recommendations and address questions from an investment committee. Strong interpersonal skills, fostering a collaborative, team-based environment with consensus decision-making. Detail-oriented, accurate, and capable of consistently producing high-quality work product while managing multiple responsibilities and time-sensitive deliverables. Strong AI literacy, with the ability to use AI-enabled tools to enhance speed, accuracy, and insight generation while maintaining sound judgment and compliance. A passion for investing and a strong interest in the energy and infrastructure sectors.