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

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 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”)– Sales, Principal

Business Unit:

Blackstone Credit & Insurance (“BXCI”)

Job Title:

Principal

Job Description:

Blackstone is seeking a business development professional to drive the capital raising efforts across the third-party insurance LP channel. The responsibilities of this professional will include:

· Obtaining capital commitments and driving investor relations and business development objectives to ensure successful execution of strategies across all of Blackstone’s products.

· Establishing and maintaining both existing and new, prospective relationships.

· Understanding and articulating Blackstone’s products and fund strategies in great depth.

· Working closely with Blackstone’s Insurance team to effectively communicate to prospective clients the Firm’s insurance-specific offerings across alternative funds and SMA offerings.

· Applying knowledge of credit markets and institutional portfolios to help identify new product development opportunities and structuring needs.

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:

· 8+ years’ experience calling on Intermediary and/or Institutional clients.

· Proven track record of raising assets, developing relationships and identifying new business opportunities, with a preference for insurance general accounts.

· Undergraduate degree is required. CFA designation and/or MBA preferred.

· Strong product and structuring knowledge, with an emphasis on private credit. Ability to effectively communicate and differentiate the Blackstone value proposition and the role it can play in portfolio construction and addressing insurers liability needs.

· Strong relationship management skills. Ability to identify client needs and position Blackstone as a solution.

· Willingness to travel to create deep client engagement.

· Strong work ethic, strong technical expertise, organization, entrepreneurial, and intellectual curiosity

· The ability to foster strong working relationships with portfolio managers and broader Blackstone sales teams.

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:

$135,000 - $200,000

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, plac