Blackstone Credit & Insurance – Senior Associate

Blackstone is the world’s largest alternative asset manager, delivering compelling returns for institutional and individual investors across a range of strategies including real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds.

Business Group Overview

Blackstone Credit & Insurance (“BXCI”) is one of the world’s leading credit investors. Investments span private investment‑grade, asset‑based lending, public investment‑grade and high‑yield, sustainable resources, infrastructure debt, CLOs, direct lending and opportunistic credit. BXCI also provides investment‑management services for insurers, helping them deliver for policyholders through world‑class private credit capabilities.

Responsibilities

• Lead transaction diligence and underwriting of new investments, and monitor portfolio operations across the energy, utility, and infrastructure space.
• Prepare financial models, investment‑committee presentations, and third‑party briefing materials for investments within the Infrastructure and Asset‑Based Credit Team.
• Lead internal discussions to evaluate the viability of potential investment opportunities and financing structures.
• Oversee analysts and associates on various deal teams and monitor progress toward key milestones.
• Perform other duties as needed.

Qualifications

• Bachelor’s degree (or foreign equivalent) in Engineering, Mathematics, Statistics, or a related field.
• Minimum of 3 years of experience using Microsoft Excel to build detailed financial models and cash‑flow pro formas.
• Minimum of 3 years of experience using Microsoft PowerPoint to develop internal and external presentation materials.
• Minimum of 2 years of experience underwriting, conducting due diligence, and closing energy and infrastructure transactions in the United States.
• Minimum of 2 years of experience analyzing and evaluating companies throughout the energy industry value chain—including exploration & production, midstream, services, refining, and energy transition—using valuation techniques such as net‑asset valuation, discounted cash flow analysis, leveraged buyout, and sum‑of‑the‑parts.

Pay

Expected annual base salary range: $160,000 – $215,000. Actual base salary within that range will be determined by experience, skills, qualifications, and job location. For roles located outside of the United States, salary bands do not apply and compensation follows local market comparables.

Benefits

• Comprehensive health benefits, including medical, dental, vision, and flexible‑spending accounts.
• Paid time off.
• Life insurance.
• 401(k) retirement plan.
• Discretionary bonuses.
• Potential eligibility for equity and other incentive compensation at Blackstone’s sole discretion.