Join our Talent Network
Skip to main content

Associate/Senior Associate/Manager, Insurance & Risk Advisory Services (IRAS)

This job posting is no longer active.

Location: Philadelphia, PA, United States
Date Posted: Aug 16, 2023

Save Job Saved


 Associate/Senior Associate/Manager, Insurance & Risk Advisory Services (IRAS)

Alvarez & Marsal Insurance and Risk Management is seeking Associates, Senior Associates and Managers for its Insurable Risk Management (iRM) Consultancy Practice

Alvarez & Marsal, a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services, is seeking to expand its Insurance & Risk Advisory Services (IRAS) team. With more than 5,000 professionals based in 40 locations across North America, Europe, Asia, and Latin America, our firm excels in problem solving and value creation.  Drawing upon a strong operational heritage and hands-on-approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.

A&M’s Insurance and Risk Advisory Services (IRAS) practice provides advisory services to Private Equity, Corporates and Insurance Organizations leveraging two foundational practice groups; Insurable Risk Management (iRM) Consultancy and Insurance Industry Vertical (IIV) Advisory.  The IRAS practice not only serves clients directly, but also supports other A&M practices including Corporate Performance Improvement, Transaction Advisory and Restructuring/ Corporate Transformation.

Insurable Risk Management (iRM) Consultancy

IRAS supports client companies across all industries with iRM consultancy services, including: dynamic companies in transition or seeking performance improvement; acquiring companies seeking due diligence, deal enhancement, planning, integration and post-close value creation; distressed companies in turnaround, restructuring or dissolution; and private equity management companies seeking risk management prudence.

iRM solutions include: insurance and risk management consulting (technical, strategic, operational); interim (risk) management leadership or staff augmentation; broker oversight; enterprise risk management (eRM) support; and targeted insurance coverage support such as cyber, surety & performance security and D&O consulting/oversight.

iRM Consultancy is a client-centric, immersive engagement framework.  The IRAS iRM team members multi-task together to serve many clients on many (often short-term, quick turnaround) engagements. To leverage our collective insurance industry experiences and expertise, our client service teams operate as a cohesive team in a project-managed environment. As a result, suitable team members are high performers across a diverse set of insurance experiences, experience levels and expertise. 


  • Education – Bachelor’s Degree in insurance, risk management or other relevant majors, with a proven track record of high performance and industry participation.  Other majors may be acceptable if supported by strong industry experience and insurance industry designations such as CPCU and ARM.
  • Professional Experience – Strong insurance or risk management industry experience with a proven track record evidencing commitment, endurance, initiative & drive, professional learning & development, and high performance.
    • Professional Experience: 3-10+ years
    • Specific Experiences of Interest: broad-based P&C and/or employee benefits broking; private equity insurance due diligence; private equity insurance consulting; D&O underwriting or broking; and/or project management.
  • Work Flexibility: Must have ability to work effectively in office, from home and on road – both within normal working hours and outside of working hours – as may be required

Professional Skills

  • Team skills: high emotional EQ required (high contribution coupled with grounded expectations); ability to take direction and be coached; ability to contribute to a project at times and own a project at other times; ability to put ego aside and contribute to the whole; and capacity to be a consistent contributor of positive energy to the team.
  • Analytical Skills: Strong ability to conduct “deep dive” and meticulous analyses of risk exposures, insurance programs, program strategy and insurance policy contracts; initiative to research and find answers; ability to recognize and prioritize critical information; and ability to develop meticulous and understandable assessment documents.
  • Organizational/Productivity Skills: Strong organizational, multi-tasking, work planning and time-management skills, including ability to meet deadlines and maintain task diaries & task communications in project management system
  • Project Management of Others: Must have skills to manage others, particularly client brokers/vendors
  • PC skills: Advanced MS Word/Excel/PowerPoint skills required, along with proven propensity to develop skills in professional software tools.
  • Written Communication Skills: Strong, including ability to create efficient presentations for communicating complex topics in a way that will be easily understandable for the intended readers. 
  • Oral Communication Skills: Strong oral communication and presentation skills, as well as client facing (relationship building) skills and vendor management skills.  Must exude confidence, while being both self-aware and an effective listener.

Diversity & Inclusion

A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.

Equal Opportunity Employer

It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.

Unsolicited Resumes from Third-Party Recruiters

Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our Inclusive Diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

Share: share to e-mail

Similar Jobs