Description:
Blackstone is seeking a business development professional to help drive the capital raising efforts across the third-party insurance LP channel. The responsibilities of this professional will include:
- Partnering with a senior relationship manager to obtain capital commitments and drive investor relations and business development objectives to ensure successful execution of strategies across all of Blackstone’s products.
- Establishing and maintaining both existing and new, prospective relationships.
- Creating internal and external materials to assist in the organization and growth of business development within the insurance channel
- Understanding and communicating Blackstone’s products and fund strategies in great depth.
- Working closely with Blackstone’s Insurance team to effectively communicate to prospective clients the Firm’s insurance-specific offerings across alternative funds and SMA offerings.
- Establishing strong working relationships across investment, legal, operations and finance teams firmwide to deliver the best of Blackstone to insurance clients
Qualifications:
Blackstone seeks to hire individuals who are highly motivated, intelligent, have sound judgment, and have demonstrated excellence in prior endeavors. The successful candidate should have:
- 5+ years’ experience calling on Intermediary and/or Institutional clients.
- Experience raising assets, developing relationships and identifying new business opportunities, with a preference for insurance general accounts.
- Undergraduate degree is required. CFA designation and/or MBA preferred.
- Strong product and structuring knowledge, with an emphasis on private credit. Ability to effectively communicate and differentiate the Blackstone value proposition and the role it can play in portfolio construction and addressing insurers liability needs.
- Strong relationship management skills. Ability to identify client needs and position Blackstone as a solution.
- Willingness to travel to create deep client engagement.
- Strong work ethic and technical skills, organized, entrepreneurial, and intellectually curious.
- The ability to foster strong working relationships with portfolio managers and broader Blackstone sales teams.