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. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

2026 Blackstone Credit & Insurance, Insurance Strategy and Solutions H2 Off Cycle Intern (London)

Blackstone

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 nearly $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. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Blackstone Credit & Insurance:

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 Description

Off Cycle interns are generalists and participate in all aspects of projects and can expect to work on a number of assignments at one time. Off-Cycle interns in Insurance Strategy and Solutions will participate in a wide range of European insurance related projects, conducting asset allocation and risk modeling analysis, supporting the team with insurance client engagements and preparing impactful insurance strategy presentations and research papers. Off-cycle interns will work closely across the team and the broader Blackstone Insurance Asset Allocation and investment teams globally.

Responsibilities may include:

• Research and prepare analyses and content on insurance market trends, peer analysis and regulatory updates

• Participate in client projects, and assist the team on client analysis and responding to client requests

• Contribute to and maintain the financial models and frameworks for portfolio optimisation and insurance asset allocation

• Collaborate with internal teams including investments, products and relationship managers

• Develop a strong understanding of asset classes offered through the Blackstone Credit & Insurance platform

Qualifications

Our people are our most valuable asset. 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 endeavours.

The successful candidate must possess:

• Strong verbal and written communication skills

• A desire to work in a team environment with dynamic roles

• A collaborative mindset, solid work ethic, and the ability to contribute effectively to team objectives

• Self-motivation to find solutions independently, and humility to acknowledge limits and uncertainties

• Excellent attention to detail

• Exceptional analytical skills

• Good judgement

• Strong academic background in a technical discipline (e.g. math, financial math, actuarial science) preferred

• Knowledge of programming languages (e.g. Python, MATLAB) preferred

• Proficiency in a European language (Italian or German) is advantageous but not required

To be considered for the H2 2026 Off-Cycle Intern position, applicants must meet the following criteria:

• Currently enrolled as an undergraduate or masters student or having just graduated

• CV must include expected graduation month/year and grade and should be in PDF format

• Must be able to start between September/October 2026 and be available for up to six months

The Principles that Matter Most:

• Accountability

• Excellence

• Integrity

• Team Work

• Entrepreneurship

Everything we do is guided by these principles, which define our character and culture; they have been at the core of Blackstone since its inception. These enduring qualities are the shared convictions that we bring to our professional and personal conduct. They are a fundamental strength of our business.

Application Deadline

• Applications will close on 31st July

• Applications are reviewed on an ongoing basis

If you do not meet these criteria, please see Blackstone’s Careers website for other opportunities that may be available, including other entry level positions.

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.

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 contact Human Resources at 212-583-5000 (US), +44 (0)20 7451 4000 (EMEA) or +852 3656 8600 (APAC).

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.

You will not be eligible to participate in Blackstone’s health and other insurance benefit programs.

Please note that we may use an AI screening tool to help with the initial review of applications. The tool helps us assess candidates based on skills, experience, and qualifications. The tool’s scores are one of the factors we consider when deciding who moves to the next stage of the application process. If you are not selected to move to the next stage of the application process, you may request that we re-review your application materials without considering the AI tool’s scores by promptly emailing your request to EMEACampusApplicationReview@blackstone.com. Please include a reference to the specific position you applied for.

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.