JUNIOR RISK ANALYST - MARKET AND CREDIT RISK

JOB PURPOSE/ROLE

The Risk Management department of Allianz Italia is looking for a Market and Credit Risk Analyst to deal with investments/financial risk topics.

KEY RESPONSIBILITIES

The Market and Credit Risk Management team covers the following areas of responsibility:

- Calculation and Analysis of Risk Capital results (through Internal Models and Standard Formula);         

- Investment and ALM risk management;

- Development & parameterization of the model for Solvency II and internal steering purposes;

- Model Risk Management;

- Support a risk-based investment and business steering;

- Actively follow risk management topics in the following business processes (eg ALM, regulatory risk monitoring, strategy support);

- Design and calculation of regulatory and ad-hoc stress tests;

- Interaction and support to other teams (eg. Qualitative risk management);

- Interaction with business lines and actuarial functions;

- Support to internal and external risk reporting (eg. ORSA) to internal and external stakeholders.

KEY REQUIREMENTS/SKILLS/EXPERIENCE

- Master’s degree in quantitative economics/finance, statistics, actuarial sciences, or equivalent

- Knowledge of basic financial and credit risk metrics (eg. VaR, ES, Durations, etc.)

- Data Analysis basics

- Technical knowledge of programming languages such as Python, SQL or VBA

- Knowledge of insurance balance sheet or business would be an advantage

- Good communication and presentation skills

- Fluent in Italian and English, written and spoken

71919 | Risk Management | Entry Level | Allianz Italy | 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. 
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 race, ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.

Both genders may apply in accordance with the L. 903/77 (s.m.i).