Working Student (m/f/d) in Risk Management in Risk Control at Allianz SE

Job Start: ASAP
Job Type: Part-time (16-20hours/week)  - Temporary
Allianz student position

We kindly ask you to upload pdf documents only and make sure your CV and motivation letter for this position are in English.

Who are we?

Are you keen on driving innovation? Do you thrive in a culture of diversity, collaboration and trust? Then let's care for tomorrow. At Allianz SE, you can count on having a voice, driving innovation and change and making an impact – for us, yourself and the world. For more about Allianz SE, Click Here.

Who will you be joining? 

Risk Control AZSE Holding is responsible for the oversight of Allianz SE, of its holding activities, and of the Allianz Holding & Treasury sub-segment. The Werksstudent position offers a chance to support quarterly risk closing and validation procedures, to develop a sound understanding of the Group's internal model dynamics and to get a wide overview of risk and finance topics.

How can you make an impact? 

Support in the quarterly closing process for Allianz SE Holding

• Analysis of the Internal Model Credit Risk Capital and exposure movements
• Analysis of Concentration and Credit Default Risk for the Solvency II Standard Model
• Communication with business units and departments regarding Limit Reporting (e.g. Reinsurance Limiits, Obligor Limits etc.)
• Further development and maintenance of reporting tools
• Support for different Internal Model validation activities (Market and credit risks)
• Support with respect to daily business tasks in the quantitative risk area (risk analysis, development of small analysis tools in Excel/PowerBi)

What are you made of? 

Minimum Qualifications 

• Enrolled in a Bachelor's or Master's degree program in a related field of study (such as finance; business administration, financial mathematics; actuarial science; mathematics; statistics; econometrics; economics or similar)
• Strong command of Excel, PowerBI is a plus
• Good English language skills; German is a plus
• Knowledge of Solvency II is a plus
• We can only consider your application if you provide the following documents:

  • Certificate of enrolment (exception gap year)

  • Valid Work and residence permit (for non-EU citizens). Please check before applying if you can work with your current VISA

• Previous experience in business related functions (e.g. Sales, Operations, Claims, Underwriting, Investment Management, Asset Management, Consulting, Product Development, Finance, Market Management, Digital/ Tech etc.) is a plus

Preferred Qualifications

• Experience in risk management (banking, insurance, asset management) is strongly preferred
• Strong communication skills
• Attentive to details, thoroughness and able to grasp new concepts quickly
• Demonstrated ability to work independently on quantitative project

Do we have what you need? 

• Flexible working arrangements (opportunity to work from home few days per week)

• Individual and Excellent career development opportunities/plans

• Family friendly working environment  

• Health & well-being offerings   

• Company pension & health insurance   

• Multi-national, diverse and inclusive community   

• Opportunity to make an impact on our sustainability initiatives  

 And there is much more! Find out more here: Allianz SE Benefits 

More information regarding our recruitment process: Allianz Career

To Recruitment Agencies: 

Allianz SE has an in-house recruitment team that sources great candidates directly. Therefore, Allianz SE 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.

Finally, please do not contact hiring managers directly.

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.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

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

Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.