Blackstone Credit & Insurance - Asset Allocation - Senior Associate

Role Overview

Blackstone Credit & Insurance (BXCI) is hiring a Senior Associate for its Asset Allocation team, serving insurance company clients. BXCI is one of the world's leading credit investors and a leading provider of investment management services for insurers, part of Blackstone (the world's largest alternative asset manager, $1.3 trillion+ AUM).

Key Responsibilities

- Deliver Blackstone's investment management expertise to insurance company clients as a key member of the BXCI investment team.

- Shape asset allocation frameworks across insurance portfolios, integrating Blackstone's investment platform into insurer-focused solutions aligned with regulatory, capital, and liability needs.

- Build a multi-asset investment solutions capability for insurers, partnering with Blackstone's Business Units on customized portfolio solutions.

- Lead asset allocation analysis across public and private asset classes, factoring in capital efficiency, liquidity, duration, and regulatory constraints.

- Monitor portfolio performance, risk characteristics, and compliance with client investment guidelines and insurance regulatory standards.

- Conduct macroeconomic and market research to inform strategic asset allocation decisions.

- Draft investment memoranda, client presentations, and diligence materials.

Qualifications

- Bachelor's degree in Finance, Statistics, Mathematics, or related field.

- 4+ years of relevant experience.

- 3+ years analyzing investment performance/market trends in Excel; performing financial due diligence and statistical analysis on large data sets; building/customizing financial models; conducting forecasting and stress testing.

- 2+ years trading and investing across fixed income, futures, forwards, options, swaps, and fund vehicles.

- 2+ years managing portfolio risk across multiple client portfolios, including insurance clients, and using derivative-based risk management strategies.

Compensation & Location

Base salary range: $160,000 - $215,000, plus health benefits, 401(k), and discretionary bonuses; equity/incentive compensation possible. Based in New York, NY. Full-time, Mid-Senior level.