Blackstone Credit & Insurance(BXCI) - Investment Operations - Insurance - Vice President

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, X, and Instagram.

Blackstone Credit & Insurance 

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Our investments span the credit markets, including direct lending, opportunistic, CLOs, high yield, infrastructure and asset-based 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.

Responsibilities:

The BXCI Investment Operations team is looking for a key member of the team focused on operational oversight and management of its Strategic Insurance clients. This team liaises directly with key internal and external stakeholders in ensuring the accuracy of the clients’ investment and accounting records with a high standard of care.

The successful candidate’s responsibilities will include the following:

• Drive successful onboarding of new and/or expanded client relationships, coordinate with clients to ensure smooth and successful new product/mandate launches, including onboarding and integration with service providers.
• Daily management of the investment portfolios to ensure internal and external SLA’s are being met.
• Represent the client to all internal stake holders such as Asset Allocation, Institutional Client Services, Deal Coordination, Global Transaction Management, Reconciliations, Portfolio Compliance, Risk, Finance etc.
• Run the period end close process, collaborating with the client, internal stakeholders, and service providers.
• Work with Technology team to develop, automate, and streamline workflows.
• Collaborate with clients to design and scope new reporting needs, and work closely with Technology team to build the required reporting infrastructure.
• Serve as the senior-level escalation point for all matters within the client vertical, addressing and resolving issues as they arise.
• Monitor the new product pipeline and deal pipelines, staying informed about upcoming projects and potential opportunities.

Qualifications:

• Bachelor’s/University degree
• 8+ years of related experience.
• Strong understanding of insurance industry is preferred; including STAT Accounting principles.
• Experience managing teams located across multiple regions globally preferred.
• Experience with Private Credit, Asset Based Finance, and Real Estate investments preferred.
• Strong leadership skills.
• Strong attention to detail and highly organized.
• Strong work ethic.
• Results oriented, deadline driven, and resourceful person who thrives in a dynamic environment.
• Independent worker / self-starter.
• Experience with Clearwater, Aladdin, PAM, Advent Geneva preferred.
• Advanced Proficiency in MS Office (Excel, Word).

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:

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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

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.
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