Atmospheric / Climate Risk Expert (m/f/d)

Job purpose / role

Reinsurance is positioned at the core of the Allianz Group. At Allianz Reinsurance, we provide customized reinsurance solutions by combining technical expertise with deep local market knowledge. Building on our core strengths, we continuously expand our offerings, including advancements in portfolio analytics, catastrophe risk visualization and assessment, and run-off management. These activities play a vital role in stabilizing and diversifying the Allianz Group, supporting our purpose to secure our customers’ future—today and tomorrow.

With more than 40 years of experience and offices across Europe, Asia Pacific, and North America, we collaborate closely with our partners to understand risk and deliver lasting value. As a global organization, we unite international experts in underwriting and risk management, combining global reach with local insight and multi-segment expertise.

We are committed to fostering an inclusive culture rooted in collaboration, trust, and integrity—an environment where everyone can thrive. Our flexible work arrangements, ongoing learning opportunities, and supportive leadership empower our employees to grow and help shape the future of reinsurance.

AZ Re Cat Risk Management department purpose is to optimize the Group’s Nat Cat exposure along the entire (re)insurance value chain through technical excellent pricing of natural peril risks and accumulation management.

- Assessment of atmospheric and climate change related risks and provide consultancy within AZ Group

- Drive technical excellence ambitions for Allianz Group with regards to atmospheric perils and climate change for primary and reinsurance pricing as well as accumulation management

- Drive the development of Allianz internal CAT models and tools

- Pursue validations and adaptations of market models

- Management of industry, vendor and scientific relationships with focus on atmospheric perils

Key responsibilities

- Peril Expert Atmospheric and Climate Change Risks

- Allianz-wide consulting on atmospheric perils and climate change related topics

- Development and maintenance of hazard and risk layers and tools

- Validation and adaptation of Cat models to reflect present and future climate state

- Point-of-contact for Group Risk, Global Sustainability, Group Communications, Regulatory Affairs and local Allianz entities with respect of atmospheric perils and climate change topics

- Be contact point for discussions with vendors, brokers, consultants, academics and internal stakeholders around atmospheric and climate change related risks

- Industry exchange on risk trends and related open source modeling

- Active contributions to relevant projects of local entities and Allianz group

- Make use of data and AI

Qualification

- University degree in atmospheric/climate science or other natural science discipline with climate focus

- Very strong mathematical and statistical knowledge

- Advanced programming skills in high-level and scripting languages

- Excellent skills in GIS analytics and tools

- Profound in handling and analysis of large data sets including database technologies and languages

- Fluent in English; German and other languages welcome

Experience & Key skills

- Very good scientific, atmospheric/climate risk specific know-how with at least 5 years of working experience in relevant field, ideally with insurance context (with broker, insurer or reinsurer)

- At least 5 year hands-on experience in developing probabilistic Cat models

- Multi-year experience in validating and adjusting probabilistic cat models used for risk management in insurance and reinsurance

- Network with scientific community and multi-year track record of working with scientific data providers

- Established network with risk model vendors and brokers

- Strong ability to solve complex analytical problems

- Very good communication skills to explain complex topics to all relevant parties including C-level

- Very good presentation skills; competent in giving talks to management

- Ability to represent Allianz atmospheric and climate risk views in talks and media

- Team player in international team

89177 | Risk Management | Professional |  | Allianz Reinsurance | Full-Time | Permanent

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. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and 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. And the foundation for this is our inclusive workplace, where people and performance both matter, 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. 

Great to have you on board. Let's care for tomorrow.