Blackstone Credit & Insurance ("BXCI") - Quant Strategist, Client Analytics

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 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.

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Blackstone Credit & Insurance Solutions Quant Strategist, Client Analytics

Employer : Blackstone

Blackstone

Business Unit :

Blackstone Credit & 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.

Job Title : Principal

Principal

Job Description :

The BXCI Quant and Portfolio Analytics team builds analytics leveraged for optimizing insurance company asset allocation;

measuring and managing regulatory capital; evaluating and pricing deals; managing and monitoring portfolio company performance and conducting asset-liability management.

The team takes a systematic, quantitative approach, with a goal of producing robust, transparent, commercially effective tools and analysis.

BXCI is seeking a quantitative strategist to support Client Risk and Analytics.

Responsibilities :

This individual will work closely with the Client Coverage teams to both develop new models and enhance existing quantitative processes.

Core responsibilities may include :

• Company-level Modeling, Risk Management, and Projection
• Modeling and projecting the evolution of insurance company capital given assumptions of future decisions
• Constructing risk scenarios to estimate the impact of macroeconomic events
• Developing statistical approaches for Monte Carlo simulation of portfolio performance
• Asset and / or Liability Modeling
• Developing and using models of investment instruments across multiple asset classes
• Building statistical and behavior models of insurance company liabilities
• Creating risk management analytics to capture exposures to market, actuarial, and behavioral factors
• Constructing portfolio optimization algorithms appropriate for the respective regulatory frameworks
• Client Engagement and Communication
• Communicating complex quantitative concepts and methodologies in a clear and concise manner to both technical and non-technical audiences
• Engaging with clients to understand their risk management objectives, providing quantitative analysis and insights, and addressing their risk-related inquiries.
• Other
• Partnering with Technology on efforts to automate, scale, and streamline reporting processes
• Implementing the full-cycle of quantitative model development including comprehensive documentation
• Management and governance of models, data, and analytics

Qualifications :

Blackstone seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors.

In addition to strong analytical and quantitative skills, the successful candidate should have :

• or higher degree in Computer Science, Engineering, Mathematics, Physics, or other quantitative disciplines
• Creative and entrepreneurial-minded individual who enjoys working on a wide variety of projects including designing risk and return models for highly illiquid and alternative investments
• Experience modeling asset risk and return metrics
• Exposure to insurance capital management and actuarial science a plus
• Strong programming skills in any general purpose programming language including C++, C#, Java, Python, Slang, etc.
• Experience with statistical languages such as R, Matlab, etc, a plus.
• Strong quantitative skills ( stochastic calculus, numerical methods, Monte Carlo, etc.)
• Excellent writing skills and demonstrated commitment to model documentation
• Ability to build strong working relationships across various departments with individuals at different experience levels
• Ability to clearly communicate model results to a non-technical audience

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 :

$200,000 - $250,000

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.