Blackstone Credit & Insurance - Insurance, Client Service

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.
 

Blackstone Credit & Insurance (“BXCI”)– Insurance Client Service, Principal

Business Unit:

Blackstone Credit & Insurance (“BXCI”)

Business Unit Job Description:

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:

Principal

Job Description:              

Blackstone is seeking an experienced insurance client coverage professional to work closely with our

investment and asset allocation teams to manage and strengthen relationships with key insurance

clients. Core relationship management responsibilities will include:

• Managing Blackstone’s cross-firm effort to serve key insurance clients
• Applying deep insurance asset management expertise to help insurance clients meet their key investment objectives within pre-defined capital, risk, ALM and yield constraints
• Driving content creation and delivery of periodic portfolio insights in partnership with investment professionals and management team(s) at insurance clients
• Anticipating and owning coordination of responses around bespoke insurance client investment inquiries
• Establishing strong working relationships across investment, legal, operations and finance teams firmwide to deliver the best of Blackstone to insurance clients

Qualifications:                                 

Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound judgment, and have demonstrated excellence in prior endeavors.  The successful candidate should have:

• 10+ years of experience working with insurance clients and developing relationships
• Strong capital markets knowledge, product knowledge within the insurance market including a comprehensive understanding of insurance capital and regulatory requirements
• Ability to effectively communicate and differentiate the BXCI value proposition and the role it can play in portfolio construction
• Strong project management skills
• Excellent judgement and interpersonal skills with the ability to build and maintain strong relationships with clients and internal stakeholders
• An entrepreneurial spirit, demonstrating a proactive approach to problem-solving and a desire to continuously learn and grow

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:

$200,000 - $250,000

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, ple