Intern Development Finance Investment Team

The Allianz Global Investors Development Finance team is offering an internship position in the London office. This will give you the opportunity to work across a breadth of impactful private debt investment opportunities with a focus on Emerging Markets. The team’s strategies focus primarily on investing together with public sector institutions such that private sector investors can access Emerging Markets and earn a commercial return while making a positive and measurable difference in the countries that need it the most.  

This will be a 5.5-month placement. The start date will either be June/July 2026 or November/December 2026.

To apply for this role, please submit a cover letter and a current CV. We reserve the right to close applications ahead of the advertised closing date.

What you do

• Support in screening new investment opportunities, including structuring, preliminary impact, risk and pricing analysis, and drafting screening memos with support and input from the team members
• Support the initial screening of opportunities including presentation, preparation of screening papers for Investment Committee (IC)
• As part of a deal team, undertake financial modelling, transaction due diligence, including the review and analysis of financial, legal, commercial, ESG, impact and technical reports, and sourcing and analysing independent research
• Prepare investment proposals and assist presentation to IC
• Collaborate with internal parties (e.g., Operations/Compliance/Risk/Legal/ Asset Management functions) as part of the investment process and other team-related tasks
• Maintain the master database with deal pipeline for tracking sourcing opportunities
• Keep informed of key developments in the impact private credit investing, blended finance, and emerging markets space
• Help prepare marketing materials for ongoing fundraising opportunities across strategies
• Prepare materials that educate internal and external stakeholders on main developments.

What you bring

• Preferably but not exclusively Business, Economics, Finance, Science, or Maths degree either completed or due to be completed
• Expect to achieve a 2.1 (or equivalent) at undergraduate level. Achieved a minimum of 128 UCAS points from one of the following: 3 A-Levels (top 3 grades sat in the same year and first sitting over 2 years) or 5 Scottish Higher from your fifth year at school or 32 points for International Baccalaureate or 75% in your European Baccalaureate or equivalent
• Previous roles/internships in one of the following areas: Development Finance, Private Equity or Private Credit, M&A, Structured, or Leveraged Finance team of a leading investment bank, Debt advisory, Transaction Services team of audit firms or Strategy consulting
• Knowledge of financial modelling
• Understanding of financial statement analysis and valuation methods
• Competency in Excel, Word, and PowerPoint
• Curiosity about undertaking detailed independent research to understand industries and sectors
• Have an unquestionable dedication to integrity and ethical decision making
• A passion for sustainability and for investing for positive impact
• Ability to use Microsoft Copilot, with a strong commitment to ethical and responsible AI practices.

What we offer

• Balanced work environment: A dynamic office culture that supports flexibility and collaboration
• Support for what matters: Mental health and wellbeing programs
• Investments in your career: Career opportunities within the entire Allianz Group
• Investments in your skills: Comprehensive learning and development offerings, including certifications and professional qualifications
• … and so much more!

About Allianz Global Investors

Allianz Global Investors is a leading active asset manager, managing assets for individuals, families, and institutions worldwide. Our shared goal to shape a future of opportunity for our clients is foundational to our culture and our values. We look to attract, and actively nurture, individuals with the drive to achieve excellence at every stage of the investment experience.

We believe an inclusive culture is key to a flourishing workforce. Not only do we celebrate the broad range of experiences, backgrounds, and attributes that our workforce brings, but we support our people to live and work in a way that promotes their own wellbeing.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges is what makes us a unique employer. 

We are united by a shared commitment: to put our clients first and at the centre of everything we do. Their needs inspire our thinking and guide our actions. 

Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our clients and for the world around us. 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. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture. 

We therefore welcome applications regardless of 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.

If you feel inspired to promote the active asset management experience, this is the place for you. Join our international, technology-enabled, and agile environment. Simply upload your CV in English to apply for this position.  If you need support to navigate our websites or at any stage during your application, please send an email with your request to recruiting@allianzgi.com.  

To Recruitment Agencies

Allianz Global Investors has an in-house recruitment team that sources great candidates directly. Therefore, Allianz Global Investors does not accept unsolicited resumes from agency or search firm recruiters. 

When we do work with recruitment agencies, that engagement is formalized by a contract. Fees will only be paid when there is a contract in place. 

Without a contract in place, we will not accept invoices on unsolicited resumes, even if the candidate was ultimately employed by Allianz Global Investors. 

Finally, please do not contact hiring managers directly. 

Join us. Let’s care for tomorrow.

How to Apply: Applying is quick and easy. Simply upload your CV, complete your personal details, confirm your consent for AI support in the “Additional Information” section, and submit your application.

To support our recruiters, we use Fit Score—an AI‑powered tool that highlights how closely your profile aligns with the role. This helps us review applications more efficiently and focus on what matters most: your skills and experience.

Good to know: The Fit Score is a support tool only. At Allianz, technology never replaces human judgment. Every application is carefully reviewed by our recruiting teams, ensuring a fair, thoughtful, and personal hiring process.

98470 | Asset & Investment Management | Student | n.a. | Allianz Global Investors | Full-Time | Temporary