2024 BXCI Quant Summer Analyst

2024 Blackstone Credit and Insurance Quant Summer Analyst

Job Title

2024 Summer Analyst

Business Unit     

BXCI

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 is 10-weeks in length and will provide participants broad exposure to the Firm. The Program offers Summer Analyst’s various technical training and professional development opportunities, the ability to network with professionals across all business units, and a robust mentorship experience to allow the participants to be fully immersed in the Blackstone culture.

Job Description

Summer Analysts will serve as quantitative strategists who work alongside the M&A and Asset Allocation teams. The BXCI Quant Strategy team builds analytics leveraged 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. Due to the relatively small size of the professional staff, summer analysts are expected to assume integral roles on this team.

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:

• Strong modeling and mathematical skills
• 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 2024 Summer Analyst Program, applicants must meet the following criteria:

• Currently enrolled as an undergraduate student
• Anticipated graduation date: Fall 2024 – Spring 2025
• Resume must be in PDF format and include expected graduation month/year and GPA

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:

$100,000 - $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 contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

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.