Portfolio Analyst
Chicago, IL, US, 60606
Let’s care for tomorrow.
Your ambitions. Your dreams. Your tomorrow
At Allianz Commercial (AzC), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.
We are looking for a Portfolio Analyst, based in Chicago, IL
Your Team
The Chief Technical Office (CTO) is responsible for working with technical functions including Pricing, Product Management, Underwriting Integrity, Reinsurance, Portfolio and Accumulation Steering including Catastrophe Management, and Risk Consulting to ensure we are building Technical Excellence across our North America region, and in alignment with the overall global approach.
The Impact You Will Have
Reporting to the Regional Head of Portfolio Steering – North America, you will be play a central role in supporting the strategic steering of regional portfolios for assigned Line(s) of Business, ensuring alignment with organizational goals and market conditions. You will focus on understanding portfolio dynamics, conducting data analysis, generating actionable insights, and converting insight into action to improve portfolio quality, financial performance, and profitability. You will need to navigate a dynamic market environment characterized by evolving risk landscapes and increasing regulatory complexity, requiring adaptability, agility, and continuous deepening of market expertise.
Some of your specific responsibilities could include:
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Supporting the development and execution of the Portfolio Steering strategy for assigned Line(s) of Business.
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Analyzing portfolio performance and providing recommendations for optimization, contributing to the forward-looking steering agenda to improve portfolio quality and profitability.
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Conducting detailed data analysis to interpret financial and portfolio information and generate comprehensive reports that provide actionable insights.
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Understanding underlying trends and identifying steering opportunities to support portfolio decisions.
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Challenging portfolio performance and direction by questioning assumptions and probing off-track KPIs.
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Collaborating across stakeholders (Underwriting, Pricing, Claims, Finance, Product) to drive aligned outcomes under guidance.
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Ensuring compliance with global standards and governance frameworks, including internal standards and external regulatory requirements.
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Developing proposals for improving the Allianz Commercial Operating Framework and ensuring alignment with industry regulations.
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Identifying operational business improvement opportunities related to organization, business processes, and IT applications and supporting the creation of project proposals, including cost/benefit analysis and resource planning.
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Compiling and sharing best practices across departments through written communication, presentations, and workshops, contributing to Smart Circle discussions and cross-functional alignment.
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Serving as a liaison between business stakeholders and technical teams to ensure clear understanding of requirements.
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Building and maintaining working relationships with key stakeholders across Underwriting, Pricing, Claims, Finance, and Product teams, managing internal and external relationships under guidance and contributing to a collaborative and aligned portfolio environment.
What You’ll Bring to the Role
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A minimum of 3 years of experience in assisting with portfolio management and optimizing portfolio performance to align with organizational goals;
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Property and Casualty insurance experience preferred;
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Experience in identifying and driving business process improvements and organizational capabilities;
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Ability to analyze data sets and provide actionable insights using Excel and Power BI;
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Strong analytical, numerical and adaptive problem solving skills, using logical and methodological approach;
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Ability to identify problems, evaluate solutions, and implement effective strategies;
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Ability to make strategic decisions and drive organizational change;
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Project management skills, ensuring alignment with strategic priorities and timely delivery;
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A willingness to learn and explore how AI can enhance your role and the broader organization is expected.
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Excellent written and verbal communications skills, with an ability to develop and positively influence key, strategic position holders across locations and functions; and
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Bachelor’s degree in Business Administration/Mathematics/Statistics/Finance and/or Actuarial background.
External applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.
The annualized base pay range for this role is $90,000 - $110,000. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.
104614 | Data & AI | Professional | Allianz Commercial | Full-Time | Permanent
What’s in it for you?
Let’s care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.
Let’s care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Let’s care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Let’s care for life’s twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.
Let’s care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.
People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com
Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm.Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.
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Nearest Major Market: Chicago