Marsh & McLennan Companies

Turnaround and Restructuring Associate

Marsh & McLennan Companies

Boston, MA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

At Marsh & McLennan Companies, we are seeking a highly motivated and skilled Turnaround and Restructuring Associate to join our team. As a global leader in risk management, insurance, and consulting services, we are dedicated to helping clients navigate through complex financial situations and achieve long-term success. In this role, you will have the opportunity to work with a diverse portfolio of clients and play a critical role in driving their turnaround and restructuring efforts. We are looking for individuals with a strong background in finance, excellent analytical skills, and a passion for problem-solving. Join us and be a part of a dynamic and collaborative team that is committed to making a positive impact on businesses around the world.

  1. Conduct thorough and in-depth financial analysis of clients' current financial situations.
  2. Develop and implement strategic plans for clients' turnaround and restructuring efforts.
  3. Collaborate with clients and other team members to identify and address areas of financial distress.
  4. Advise clients on financial strategies and solutions to improve their financial standing.
  5. Monitor and track progress of clients' turnaround efforts, providing regular updates and recommendations as needed.
  6. Utilize strong analytical skills to identify potential risks and opportunities for clients.
  7. Stay updated on industry trends and best practices related to turnaround and restructuring.
  8. Communicate with clients, stakeholders, and team members in a professional and effective manner.
  9. Build and maintain strong relationships with clients to ensure their long-term success.
  10. Work closely with other team members to ensure efficient and effective project management.
  11. Continuously seek ways to improve and enhance clients' financial performance.
  12. Adhere to all company policies and procedures, as well as industry regulations and standards.
  13. Participate in training and development opportunities to enhance skills and knowledge.
  14. Contribute to the overall success of the company by providing valuable insights and recommendations.
  15. Maintain confidentiality and discretion when dealing with sensitive financial information.
Where is this job?
This job is located at Boston, MA, USA
Job Qualifications
  • Strong Financial Background: A Successful Candidate For This Role Should Possess A Solid Understanding Of Financial Principles, Including Accounting, Financial Analysis, And Cash Flow Management. They Should Also Have Experience In Financial Modeling And Have The Ability To Interpret Complex Financial Data.

  • Restructuring Experience: The Ideal Candidate Should Have Experience In Leading Or Supporting Corporate Restructuring Projects, Including Developing And Implementing Restructuring Plans, Managing Stakeholder Relationships, And Identifying Cost-Saving Opportunities.

  • Strategic Thinking: A Turnaround And Restructuring Associate At Marsh & Mclennan Companies Should Have Strong Strategic Thinking Skills To Analyze And Assess Complex Situations, Identify Potential Risks And Opportunities, And Develop Effective Solutions To Drive Business Performance.

  • Communication And Interpersonal Skills: This Role Requires Strong Communication And Interpersonal Skills To Effectively Collaborate With Clients, Team Members, And Stakeholders At All Levels Of The Organization. The Ability To Build And Maintain Relationships Is Also Crucial In Managing Diverse Stakeholders During Restructuring Projects.

  • Project Management Skills: The Candidate Should Have Experience In Project Management, Including Planning, Organizing, And Managing Resources To Ensure Timely And Successful Project Delivery. They Should Also Possess Strong Attention To Detail And The Ability To Multitask And Prioritize Tasks Effectively.

Required Skills
  • Budgeting

  • Risk Management

  • Financial Analysis

  • Change Management

  • Project Management

  • Data Analysis

  • Communication

  • Negotiation

  • Leadership

  • Business Strategy

  • Problem-Solving

  • Restructuring Plans

Soft Skills
  • Communication

  • Conflict Resolution

  • Decision Making

  • Leadership

  • Problem Solving

  • Time management

  • creativity

  • Teamwork

  • Adaptability

  • Empathy

Compensation

According to JobzMall, the average salary range for a Turnaround and Restructuring Associate in Boston, MA, USA is $80,000 - $120,000 per year. However, this can vary depending on the specific company, industry, and level of experience. Some companies may offer higher salaries for more experienced associates or for those with specialized skills or certifications in turnaround and restructuring. Additionally, location can also play a role in salary, with larger cities typically offering higher salaries due to the higher cost of living.

Additional Information
Marsh & McLennan Companies is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedFebruary 19th, 2024
Apply BeforeMay 22nd, 2025
This job posting is from a verified source. 
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About Marsh & McLennan Companies

Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.

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