Intern (m/f/d) in Investment Strategy Team

Job purpose / role

You will be part of the Investment Strategy Team based in Munich with focus on  rates and emerging markets. Members are very international and located around the globe. In this role you will cover a variety of tasks including investment data management, preparation of market research and support initiating investment proposals for local insurance portfolios in the context of the group strategy. Within AIM’s global network you will share the rates and emerging markets expertise.

Key responsibilities

• You will contribute to data analytics for rates and emerging markets movements, performance measurement and ongoing portfolio management.
• You will contribute to the development and implementation of the global investment strategy of Allianz in the rates and emerging markets space.
• You will support the preparation of investment cases through qualitative and quantitative analysis of rates, emerging markets and derivative markets as well as within a wide range of fixed income segments (from sovereign to credit to EM and FX).
• You will update and improve tools for regular market updates
• You will perform market analysis and your own research projects.
• Support internal strategy and financial market communications.

Key requirements / Skills / Experience

Qualifications:

• Highly proficient data analytical skills with genuine interest in data is a must.
• Interest in capital markets and investments. Rates, emerging markets, FX, derivatives know-how would be a plus.
• We are looking for people with initiative who can work independently within a very international and dynamic environment.
• You have an inquisitive mind and you learn quickly.
• Strong communication skills and abilities to give and take feedback

Experience:

• You must be registered as student for the entire duration of the internship.
• You have completed, or are currently studying for, an undergraduate degree in business administration, economics or mathematics, with a strong academic record.
• Previous work experience in the financial industry is a plus.
• Fluent in English is a must, other languages are a plus.

Additional information

Entry date: December 2026
Duration: 6 months
Please submit your complete application documents (incl. CV and motivation letter)

108135 | Reinsurance | Student |  | Allianz Investment Management | Full-Time | Temporary

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 customers 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 customers 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 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.

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