Blackstone

Compensation

Full Description

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, X, and Instagram. Job Title 2027 Blackstone Credit and Insurance, Insurance Acquisitions and Partnerships Summer Analyst Business Unit Blackstone Credit and Insurance Business Unit Overview Blackstone Credit & Insurance 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 Description BXCI’s Insurance Investment team offers Summer Analysts a unique opportunity to work alongside experienced deal professionals executing private equity investments and strategic partnerships in the global insurance sector. Summer Analysts will gain a broad range of experience with all aspects of the investment process and will be closely involved in complex insurance transactions highly strategic to Blackstone. Summer analysts will work closely with the Insurance Investment team on origination, underwriting, due diligence, and execution of investment opportunities in the global insurance sector. This is an opportunity for a high performer with a strong passion for the intersection of private equity and the insurance sector and exceptional financial, analytical, and research skills honed through both academic achievement and professional experience. Responsibilities Construct detailed financial models and valuation analyses Conduct insurance industry investment research and analysis Perform industry and competitive benchmarking analysis Draft investment deal memoranda Assist in the execution and financing of transactions Develop Strategic Asset Allocation (SAA) and advanced asset analytics using BXCI’s proprietary asset modeling tool, Blackstone Comprehensive Asset Liability Model (BCALM) Perform ad hoc portfolio analysis (including M&A activity) to support needs of insurance clients Collaborate with other business units to develop bespoke investment solutions across fixed income and alternative products Qualifications Blackstone seeks to hire individuals who work well in a team-driven working group, are highly motivated, intelligent, have sound judgment and have demonstrated excellence in prior endeavors. The successful candidate must meet the following qualifications: Prior investment banking, actuarial, insurance, equity research, or asset management experience preferred Strong accounting, financial modeling, and valuation skills Strong quantitative understanding of fixed income securities, including private and structured credit markets Excellent interpersonal and communication skills, both written and verbal Works collaboratively in a team environment and effectively manages multiple projects Strong work ethic, intellectual curiosity, good professional judgment, and a positive attitude To be considered for the 2027 Summer Analyst Program, applicants must meet the following criteria: Currently enrolled as an undergraduate student Anticipated graduation date: December 2027 - June 2028 Resume must include expected graduation month/year and GPA Resume must be in PDF format If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level position. 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: $110,000 - $110,000 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 contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC). 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. You will not be eligible to participate in Blackstone’s health and other insurance benefit programs. Please note that we use an AI resume screening tool to help with the initial review of applications. The tool helps us assess candidates based on skills, experience, and qualifications. The tool’s scores are one of the factors we consider when deciding who moves to the next stage of the application process. 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. At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines. Our employees are integral to the firm’s identity, contributing to a culture of integrity, professionalism and excellence. It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world. We encourage independent thinking and reward initiative, while providing services to help employees grow professionally. Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.