2026 Blackstone Credit and Insurance, Asset Allocation Summer Analyst
Blackstone Restaurant, New York, NY, United States
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, Twitter, and Instagram.
Job Title
2026 Summer Analyst
Business Unit
Blackstone Credit and Insurance
Business Unit Overview
Blackstone Credit & Insurance ("BXCI") is one of the world's leading credit investors. Our investments span the credit markets, including private investment grade, asset-based lending, public investment grade and high yield, sustainable resources, infrastructure debt, collateralized loan obligations, direct lending and opportunistic 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.
CIO - Asset Allocation
The Asset Allocation team within the BXCI CIO office delivers Blackstone's investment management expertise to insurers and multi-asset credit clients, helping those firms meet their investment objectives and drive long-term value. BXCI partners with insurers and other institutional clients to deliver customizable and diversified portfolios of Blackstone products from Blackstone's credit, real estate, and alternatives platforms, as well as the option for full, outsourced management of clients' investment portfolios.
Program Description
Blackstone's Summer Analyst Program is a 10 week in-person experience, 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 Credit and Insurance, Asset Allocation offers summer analysts the 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 investing and can expect to be staffed on a number of transactions at once. Due to the relatively small size of the professional staff, summer analysts are expected to assume integral roles on deal teams.
Responsibilities
- Support portfolio management team on portfolio construction and asset allocation
- Generate reports to track market conditions to inform tactical asset allocation discussions
- Partner with portfolio management team to produce materials for investment portfolio reviews
- Performing ad hoc portfolio analysis to support needs of insurance clients including M&A activity
- Collaborate with Blackstone's business units to develop bespoke investment solutions across fixed income and alternative products
- Construct detailed financial models and valuation analyses
- Conduct insurance industry research and analysis
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 investment banking, actuarial, insurance, or asset management experience preferable
- Strong accounting and financial modeling 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 professional judgment, and positive attitude
- Currently enrolled as an undergraduate student
- Anticipated graduation date: Fall 2026 - Spring 2027
- 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:
$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.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.