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 $1.1 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. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X, and Instagram. Blackstone Equity Healthcare (BX-EH) Blackstone Equity Healthcare is seeking an experienced Associate to join its team. This role will focus on driving portfolio company value creation by providing strategic analysis and advising on healthcare benefits, costs, risks, and opportunities. The Associate will play a critical role in engaging with portfolio company leadership, benefits consultants, Blackstone Equity Healthcare team members, external partners, and Blackstone investment professionals. In addition, this individual will act as a critical BX-EH thought leader translating healthcare data and trends into clear and actionable insights that inform BX-EH strategic direction and Blackstone investment decisions. Job Responsibilities: 1. Portfolio Management Collaborate with portfolio company leadership, consultants, and external partners to evaluate value creation opportunities and support informed healthcare decision‑making Engage directly with portfolio company HR and Finance teams to interpret results, respond to questions, and guide strategic decisions Advise portfolio companies on optimal practices including funding options, benefit plan designs, contribution strategies, stop loss structures and M&A harmonization approaches 2. Investment Due Diligence Support Blackstone deal teams in conducting timely healthcare due diligence on proposed investments including baseline cost and risk assessments, and evaluation of actionable value creation opportunities including BX-EH proprietary solutions 3. Portfolio Analytics Serve as a trusted expert to BX-EH colleagues and other partners on portfolio-wide healthcare cost trends and performance drivers Develop and maintain methodologies to measure value creation, trend mitigation, and return on investment while supporting firm-wide reporting Evaluate the financial impact of existing and potential Equity Healthcare initiatives Qualifications Blackstone seeks individuals who demonstrate exceptional judgment, analytical rigor, and a strong track record of performance. The successful candidate will have: Bachelor’s degree required 6+ years of experience in healthcare consulting, actuarial analysis, or a related field 2+ years in a client-facing role preferred Significant experience with self-insured employer sponsored health plans Excellent interpersonal and communication abilities to guide decision-making and maintain effective relationships Strong financial modeling skills and comfort working with complex healthcare datasets Advanced Excel and PowerPoint skills Superior intellectual curiosity and a strong problem‑solving mindset Highly organized, self‑directed, and comfortable operating in a fast‑paced private equity environment 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: $130,000 - $175,000 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 and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s 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. 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