Blackstone Credit & Insurance - CIO Asset Allocation (Insurance), 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 $1.1 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– Insurance Portfolio Management, Principal

Employer:                              

Blackstone

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:

Principal                      

Job Description:        

BXCI is pursuing strategic investment initiatives that include building portfolio management and reporting capabilities for new and existing asset classes, including developing innovative structured solutions for insurance capital. The candidate will work closely with the senior portfolio manager to oversee all aspects of the Insurance Direct Lending and Asset Based Credit portfolios, including ratings, structuring, and investment management. Successful candidates can expect to work on numerous initiatives at a time given the lean size of the team.

Primary responsibilities include:

• Developing and enhancing BXCI investment capabilities across new asset classes while interacting with existing teams to facilitate seamless integration into the broader platform
• Collaborating with the broader BXCI platform to construct tailored multi-asset product offerings for insurers
• Helping to develop and manage portfolio management monitoring and reporting tools and initiatives to support investment management initiatives across BXCI
• Assisting with financial modeling for portfolio structures

                       

Qualifications:

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. In addition to strong analytical and quantitative skills, the successful candidate should have the following qualifications:

• Bachelor’s Degree in Business, Finance, Accounting, Economics, or other Quantitative fields
• 7+ years of work experience, preferably with clients’ investment portfolios and strategies
• Strong knowledge of credit
• Strong financial analysis and modeling skills
• A high degree of proficiency in PowerPoint and Excel
• Strong interpersonal skills to manage both internal and external business relationships
• High degree of motivation and ability to work well independently
• Ability to manage multiple tasks, deadlines and responsibilities

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:

$185,000 - $250,000

Actual base salary within t