Associate, Private Equity (Healthcare)

About the role

Spencer Stuart is seeking to recruit an Associate for the Private Equity team focused on executive search and pre-deal offerings for private equity firms and their portfolio companies. With exposure to a broad set of clients and leadership challenges, this Associate will help to identify and develop diverse candidate slates as an essential member of the project team, with a focus on the Healthcare sector.

Responsibilities

• Contribute actively to the start-up phase of each pre-deal engagement, participating in client kick-off meetings with the Consultant and assisting in the development of internal teams and work flows to meaningfully and swiftly address client needs and critical diligence activities.
• Gather relevant information regarding the appropriate industries and target companies. Identify potential prospects and sources and represent the client effectively in the marketplace, discussing the opportunity with relevant executives and providing high-end, bespoke support when facilitating executive introductions, management insights, or other search activities.
• Partner with Consultants to develop and present our relationship access and insights. Anticipate what needs might drive investment decisions and actively work to create deal angles and to supply additional information, such as related industry/segment trends, market findings, customer feedback, supplier issues, or other items of distinct value as it pertains to management teams and specific executives.
• Contribute to the preparation of position specifications, candidate presentations and reference reports adhering to the Firm’s assessment methodology and leadership frameworks.
• Communicate effectively with Consultants, and EEAs, Analysts, Associates, or client success colleagues affiliated with a client. Given the holistic nature of relationship management, and the body of human capital consulting required over the life of an asset or portfolio of assets, the Associate will need to remain fully abreast of all developments, in order to communicate accurately and credibly, as part of the glue that binds these activities together.
• Work with each project team to prepare organized information for candidate reports, and client update meetings, giving an informed perspective on work to date, and how they match and align to the value creation efforts of our clients.
• Add to the firm’s candidate pool expertise by continually identifying and introducing new talent to the firm. Ensure that up to date assignment, company and candidate information during the course of an assignment is always available for colleagues, by leveraging technology and information from the firm’s state-of-the-art, proprietary database.
• Contribute to responses to inquiries for new business, as well as business development initiatives, inclusive of reactive RFPs in partnership with Analysts and GTM teams, or proactive business development planning within teh sector of interest.
• Be willing and proactive about contributing to local, practice or firm-wide initiatives. Coordinate and share practice related information with colleagues for potentially broader distribution.
• Contribute to broader Private Equity Business initiatives, such as learning loops, intellectual capital pieces, solution refinement, and the development of junior members on the team (e.g., Analysts).

Requirements

• 4+ years of experience, ideally from a professional services environment serving private equity clients through the lens of human capital solutions. Other relevant client-service organizations will be considered, including executive search, strategy consulting, or networking services, in addition to in-house human capital roles (i.e., serving the human capital or value creation team of a private equity firm).
• Advancement of skills and knowledge evidenced through promotion or tenure.
• Interest or experience in the Healthcare industry.
• Superior project management skills demonstrated through experience working in a high-performance environment where multiple projects and competing demands are the norm.
• Excellent communication skills shown through clear, structured and concise presentation.
• Undergraduate degree required, postgraduate degree a plus.

Qualifications

• Proven track record of being driven, graceful under pressure, resilient, and demonstrating strong project management ability, commitment to excellence, writing skills, results orientation, rigorous attention to details, intellectual curiosity and ideally, an understanding of the private equity operating model.
• Driven to succeed and thrive in a fast-paced, dynamic environment.
• Ability to manage multiple priorities and deadlines simultaneously.
• Strong interpersonal and communication skills, both written and verbal.
• Ability to work independently and as part of a team.
• Ability to handle confidential information with discretion.
• Ability to travel as needed.

Skills

• Strong research and analytical skills.
• Excellent written and oral communication skills.
• Ability to manage multiple projects and tasks simultaneously.
• Strong project management skills.
• Ability to work independently and as part of a team.
• Knowledge of the private equity industry and its operating model.
• Ability to build and maintain relationships with clients and colleagues.
• Ability to manage and prioritize multiple tasks and deadlines.
• Ability to work in a fast-paced, deadline-driven environment.
• Ability to analyze and interpret data to make informed decisions.
• Ability to communicate complex ideas clearly and concisely.

Benefits

• Retirement savings plan with discretionary profit sharing contribution and employer match.
• PTO (minimum 15 days per year, increases with tenure), paid sick time (10 days per year), company holidays (12 days per year), and paid leaves of absence when applicable.
• Comprehensive health benefits, including medical, dental, and vision insurance, and healthcare flexible spending account.
• Life Insurance, and short-term and long-term disability insurance.
• Wellness benefits, including an employee assistance program, virtual mental health program, and mindfulness program.
• Voluntary benefit options, including supplemental life insurance, identity theft protection, and whole life insurance with long-term care and critical illness coverage.

Pay

The base compensation range for this position is $100,000-130,000 per year. The actual base compensation offered within this range will be dependent on the individual’s skills, experiences, and qualifications.

Schedule

This position will be eligible to participate in our annual discretionary bonus program. Spencer Stuart also offers a competitive benefits package, which includes:

• Retirement savings plan with discretionary profit sharing contribution and employer match;
• PTO (minimum 15 days per year, increases with tenure), paid sick time (10 days per year), company holidays (12 days per year), and paid leaves of absence when applicable;
• Comprehensive health benefits, including medical, dental, and vision insurance, and healthcare flexible spending account;
• Life Insurance, and short-term and long-term disability insurance;
• Wellness benefits, including an employee assistance program, virtual mental health program, and mindfulness program;
• Voluntary benefit options, including supplemental life insurance, identity theft protection, and whole life insurance with long-term care and critical illness coverage.