Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1.1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram. 

Business Unit: Blackstone Credit & Insurance

Business Unit Overview:

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including private investment grade, asset based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic credit. We seek to generate attractive risk-adjusted returns for institutional and individual investors by offering companies capital needed to strengthen and grow their businesses. BXCI is also a leading provider of investment management services for insurers, helping those companies better deliver for policyholders through our world-class capabilities in investment grade private credit.

Job Title: Blackstone Credit & Insurance – Senior Associate

Responsibilities:

• Deliver Blackstone’s investment management expertise and products to insurance companies.
• Participate in all aspects of investing and allocation decisions for multiple clients at once.
• Act as lead point of contact for a Bermuda reinsurance company client.
• Work across the firm as a Blackstone Credit & Insurance subject matter expert on alternatives fund commitments.
• Collaborate with Blackstone’s business units to construct tailored multi-asset product offerings for key strategic insurance clients.
• Draft investment memos and presentations for potential and existing Blackstone Credit & Insurance clients on potential investment options, as well as regulators and rating agencies on diligence requests.
• Construct detailed financial models and valuation analyses.
• Conduct insurance industry research and analysis.
• Perform other duties as needed.

Qualifications:

Education:

• Bachelor’s degree (or foreign equivalent) in Finance, Economics, Mathematics, or a related field

Certifications:

• Completion of 2 levels of the Chartered Financial Analyst (CFA) program

Experience:

• Minimum 2 years of experience in job offered or related occupations.
• Minimum 2 years of experience in conducting due diligence, and advising on financing and reinsurance transactions for life insurance companies in the United States.
• Minimum 2 years of experience using S&P Cap IQ and S&P SNL for insurance Statutory and GAAP financial statement analysis.
• Minimum 2 years of experience with insurance regulatory landscape analysis.
• Minimum 2 years of experience using Microsoft Excel to build detailed financial and cash flow models.
• Minimum 2 years of experience using Microsoft PowerPoint to develop internal and external presentation materials,
• Minimum 2 years of experience using Microsoft Word to draft transaction memos and review legal transaction documentation.
• Experience can be concurrent.

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Expected annual base salary range:

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com.

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;

• Marketing Blackstone funds to new or existing clients;

• Supervising or training securities licensed employees;

• Structuring or creating Blackstone funds/products; and

• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.