Director, Finance Carry Plan Administrator - Liberty Mutual Investments

Description

The Company

Come build on our integrated platform with industry-leading talent, world-class partners, and freedom to innovate.

Liberty Mutual Investments (LMI) is the investment firm for Liberty Mutual Group (Liberty). With deep expertise in fixed income, equity, and alternative strategies, LMI invests more than $100B of long-term capital globally, and has a team of nearly 300 investment, finance, and operations professionals located in Boston, MA, and New York, NY. LMI has a clear purpose: drive economic growth, build enduring businesses side-by-side with our partners, and generate superior risk-adjusted returns that secure Liberty’s promises.

LMI offers the best of both worlds — the look and feel of a boutique investment firm with the reputation and financial strength of a global leader. As the investment firm of a mutual with long-term capital, LMI has a single client mandate. This gives us the freedom to focus on what we do best.

Our portfolio spans a broad spectrum of public and private investments, and we are committed to expanding our capabilities and our toolkit in support of our mission. We invest across diverse asset classes, financial structures, and industries, including real estate, digital infrastructure, healthcare, renewable energy, and technology—with the aim of creating value and powering innovation. We pride ourselves on our extensive network of mutually beneficial partnerships, and we use our substantial influence, capital, and energy to drive towards a better future.

#LMI

The Finance Carry Plan Administrator will be responsible for the accurate execution and governance of the firm’s carried interest program in partnership with the Compensation team. This role ensures integrity in fund-level carry calculations, supports allocation and payout processes, and provides data-driven insights to internal stakeholders. The ideal candidate will combine strong technical finance skills with excellent process management capabilities and a collaborative mindset.

• Own and maintain carried interest calculations at the fund level, ensuring accuracy and compliance with plan rules.
• Determine carry-eligible investments based on fund structures, performance, and governing documents.
• Maintain aggregate pool size calculations to inform Compensation and senior leadership on allocation decisions.
• Develop and implement controls to ensure data integrity and consistency in carry reporting.

• Partner with the Compensation team to validate participant-level allocations against plan design and eligibility rules.
• Provide financial data and performance analyses to support participant communications, including summaries for Talent and HR teams.
• Supply calculated data for systems integration and updates to ensure accurate tracking of vesting, forfeiture, and payouts.

• Prepare fund-level investment summaries and carry pool analyses for Investment Advisory Committee (IAC) or equivalent governance bodies.
• Support the governance framework by ensuring documentation and policies align with market practices and regulatory requirements.
• Serve as a subject matter expert on carry plan financial mechanics in cross-functional forums.

• Support execution of carry distributions in accordance with plan schedules and governing rules.
• Provide timely and accurate financial data to Compensation and senior leadership for payout approvals.
• Contribute to the development of participant-level reporting, ensuring transparency and clarity for program participants.

• Bachelor’s degree in Finance, Accounting, Economics, or related field; CPA, CFA, or MBA preferred.
• 5–8+ years of experience in fund finance, asset management, private equity, or related investment finance roles.
• Strong technical knowledge of fund structures, carried interest, and investment performance calculations.
• Experience with financial modeling, waterfall calculations, and fund accounting principles.
• Exceptional attention to detail with proven ability to manage sensitive financial data.
• Strong collaboration…