2025 Blackstone Credit & Insurance (BXCI) Operations Summer Analyst

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.

2025 BXCI Operations Summer Analyst

Job Title

Summer Analyst

Business Unit  

Blackstone Credit & Insurance

Business Unit Overview          

Blackstone is a premier global investment firm investing capital on behalf of pension funds, large institutions, and individuals. Blackstone Credit & Insurance (“BXCI”) comprises of its market-leading corporate credit, asset-based finance, and insurance groups. Credit and Insurance is Blackstone’s fastest-growing segment, more than doubling to apx. $295 billion in assets under management over the last three years.

Program Description

Blackstone’s Summer Analyst Program spans 10 weeks, offering participants extensive exposure across the firm. This program provides Summer Analysts with valuable guidance through mentorship, continuous feedback, technical and soft skill training, networking opportunities with professionals across the firm, and the unique chance to fully immerse themselves in Blackstone’s culture.

Job Description           

Blackstone’s Credit and Insurance Group offers summer analysts experience on a professional team whose work involves delivering Blackstone’s investment management expertise and products to insurance companies.  Summer analysts at Blackstone have the opportunity to participate in all aspects of middle and back-office initiatives and can expect to be staffed on a number of different clients at once. Due to the relatively small size of the professional staff, summer analysts are expected to assume integral roles on the BIS Operations teams.

Responsibilities

• Assisting with monthly portfolio reconciliation process; investigating and resolving discrepancies with administrators, internal operations teams, and external vendors
• Working with internal Blackstone teams to onboard new clients as well as implementing the set-up of new investment products (separately managed accounts, alternative funds, co-investment vehicles, etc.) and asset transfers
• Preparing and coordinating BXCI Operations reporting for Portfolio Management, Finance, and Senior Management
• Executing and reviewing subscriptions, capital calls, and distribution allocations for various clients and investment vehicles
• Preparing and reviewing fund forecasts, performance estimates, attributions, and other ad-hoc projects
• Perform special projects and analysis determined by the needs of Senior Management
• Validating trade booking across multiple assets, while also working with our internal Asset Allocation team to properly allocate trades across the Public and Private space.

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:

• Prior finance, operations, insurance experience preferable
• Strong accounting and data management skills
• 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 2025 Summer Analyst Program, applicants must meet the following criteria:

• Currently enrolled as an undergraduate student
• Anticipated graduation date: Fall 2025 – Spring 2026
• 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 positions.

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 email Human Resources at HR-Recruiting-Americas@Blackstone.com.

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.