About the Role
The Asset Allocation Managing Director will be a key member of the Asset Allocation Team within the Office of the CIO, responsible for delivering Blackstone’s investment management expertise and products to insurance companies. The Managing Director will help drive the asset allocation strategy of the various portfolios, bringing together all of the firm's existing investment capabilities for insurance company clients.
Responsibilities
- Build and manage a multi-asset class investment solutions capability by collaborating with Blackstone’s portfolio managers to construct tailored multi-asset product offerings for insurers globally.
- Develop strong relationships with asset management teams across the platform to gain a deep understanding of Blackstone’s collective investment capabilities.
- Develop strong relationships with key decision makers at insurance company clients.
- Review and monitor investment performance, portfolio risk characteristics, and compliance with client investment policies and guidelines.
- Oversee the drafting of investment memos, presentations, and marketing materials for potential and existing BIS clients, as well as regulators and rating agencies.
- Construct detailed financial models and valuation analyses.
- Conduct insurance industry research and analysis.
Requirements
- Strong expertise managing/advising portfolios across the complete array of investment asset classes.
- Experience in both public and private markets.
- Deep understanding of regulatory, ALM, and risk considerations for insurers.
- Strong foundation in alternative asset classes and global investment opportunities.
- Highly motivated, intelligent, and demonstrated excellence in prior endeavors.
- Strong analytical and quantitative skills.
- 12+ years of professional experience.
- Prior investment banking, insurance, or asset management experience preferable.
- Strong expertise across the corporate and structured credit market.
- 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 judgment, and positive attitude.
Skills
- Asset allocation
- Multi-asset class investment solutions
- Financial modeling
- Valuation analysis
- Insurance industry research
- Corporate credit market expertise
- Structured credit market expertise
- Accounting
- Interpersonal skills
- Written communication skills
- Verbal communication skills
Location
- Global
Work Type
- Full-time
Experience Level
- 12+ years of professional experience
- Managing Director
About the Company
- Blackstone is the world’s largest alternative asset manager.
- Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests.
- Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds.
- Blackstone Credit and Insurance delivers Blackstone’s investment management expertise to insurers, helping those firms meet long-term policyholder obligations and drive shareholder value.
- Blackstone partners with insurers to deliver customizable and diversified portfolios of Blackstone products across credit, real estate, asset-based finance, and alternatives strategies, as well as the option for full, outsourced management of insurance companies’ investment portfolios.
- At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines.
- Our employees are integral to the firm’s identity, contributing to a culture of integrity, professionalism and excellence.
- It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world.
- We encourage independent thinking and reward initiative, while providing services to help employees grow professionally.
- Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.
Equal Opportunity
- 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.
