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 $951 billion 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.

2023 Blackstone Insurance Solutions Analyst

Blackstone Overview:

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 $915 billion 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 Insurance Solutions

Business Unit Overview:

Blackstone Insurance Solutions (BIS) delivers Blackstone’s investment management expertise to insurers, helping those firms meet long-term policyholder obligations and drive shareholder value. BIS partners with insurers to deliver customizable and diversified portfolios of Blackstone products from our credit, real estate, and alternatives platforms, as well as the option for full, outsourced management of insurance companies’ investment portfolios.

Job Description:

Blackstone’s Insurance Solutions Group offers analysts the diverse opportunity to work with professional teams executing on both (i) private equity investments and strategic partnerships within the insurance sector and (ii) investment management and the delivery of Blackstone’s investment expertise and products to insurance companies. Analysts at Blackstone have the opportunity to participate in all aspects of investing and can expect to be staffed on a number of transactions at once. Due to the relatively small size of the professional staff, analysts are expected to assume integral roles on deal teams. The Insurance Solutions team has opportunities in three different verticals – Asset Allocation, Partnership & Acquisitions, & Quant Strategy.

Quant Strategy:

Analysts will serve as quantitative strategists who work alongside the M&A and Asset Allocation teams. The BIS Quant Strategy team builds analytics for optimizing insurance company asset allocation, measuring and managing regulatory capital, evaluating and pricing deals, and conducting asset-liability management. The team takes a systematic, quantitative approach, with a goal of producing robust, transparent, commercially effective tools and analysis.

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 have:

[AA/P&A] Prior investment banking, insurance, or asset management experience preferable
[AA/P&A] Strong accounting and financial modeling skills
[QS] Strong programming skills in any general purpose programming language (i.e., C++, C#, Java, Python)
Excellent interpersonal and communication skills, both written and verbal
Ability to work well in a lean team environment
Strong work ethic, intellectual curiosity, good judgment, and positive attitude

To be considered for the 2023 Analyst Program, applicants must meet the following criteria:

Currently enrolled as an undergraduate student
Anticipated graduation date: Fall 2022 – Spring 2023
Resume must include expected graduation month/year and GPA
Resume must be in PDF format

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:

$100,000 - $110,000Actual 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.

2023 Blackstone Insurance, Quantitative Strategies Analyst