Consultant (m/f/d) - Allianz Consulting - Insurance Steering Team

About Us / Who you will join:

Allianz Consulting is the internal consulting division of the Allianz Group. Based in Munich, Paris, Milan, Barcelona, Trivandrum, Pune, Singapore, New York, and Minneapolis our dedicated global teams of over 600 consultants share a joint vision: to be the consulting partner of choice for Allianz Group core segments, transforming the future of Allianz from within. We bring deep industrial and functional expertise to fulfill our clients' needs, ranging from strategy, market management, sales and distribution, IT, organization, claims and operations to central functions and Agile methodologies.

Allianz Consulting's structure focuses on competencies and delivery. Therefore, we are set up in individual Core Service Clusters and Growth Areas:

• Life
• P/C
• Sales
• Productivity
• Resilience
• Sustainability
• Central Functions

About the Insurance Steering Team

The Insurance Steering Team supports senior Allianz leaders globally across Retail P&C and Commercial Insurance in linking strategy to execution. We combine deep insurance expertise with consulting excellence to steer large‑scale transformation initiatives covering financial performance, claims, underwriting, operations, and digital solutions.

As part of this team, you will gain early exposure to senior stakeholders, complex insurance topics, and end‑to‑end transformation work — well beyond a “classic analyst role”. From day one, you will work on real Allianz projects, support senior leaders across Claims, Underwriting, and Operations, and see first‑hand how a global insurer steers performance and transformation.

If you are at the early stages of your career and want responsibility, real exposure, and a steep learning curve at the intersection of consulting and insurance, this role is built for you.

Key responsibilities / You will get to:

As a Consultant / Senior Consultant, you will work closely with experienced Consultants and Engagement Managers on high‑impact projects across the insurance business. You will:

• Support strategy and transformation initiatives across claims, underwriting, finance, operations, and digital solutions
• Analyze financial, operational, and performance data to support value‑based steering decisions
• Prepare structured analyses, management‑ready presentations, and executive materials
• Contribute to project management and steering activities, including milestone tracking and stakeholder coordination
• Support business development activities, including pitch preparation and proposal work
• Assist in client workshops and working sessions with Allianz Operating Entities
• Contribute to internal initiatives, knowledge development, and the continuous improvement of Allianz Consulting offerings

What you will learn

• How Allianz steers large‑scale insurance transformation end‑to‑end
• How to structure problems and communicate with senior executives
• How Claims, Underwriting, Finance, and Operations connect across the insurance value chain
• How consulting teams move from analysis to recommendation and implementation

Key requirements / What we hope you bring: 

• A Bachelor’s / Master’s degree in Business Administration, Law, Economics, Finance, Insurance, Engineering, or a comparable field
• Minimum 1 year of experience and up to 3 years of operational business or management consulting as a Full-Time Employee
• Demonstrate expert knowledge of AI frameworks, leverage AI tools in everyday tasks, and consult clients on AI adoption for successful business transformation
• An affinity for solving problems and a pronounced capacity for analytical thinking
• Your desire to make a difference and your willingness to be coached
• Your enthusiasm for working in a diverse and international team
• An excellent command of English and German that you will use when preparing and delivering presentations and reports. Another European language is a plus
• Your previously acquired skills in PowerPoint and Excel (can perform complex functions)
• Your curiosity and knowledge of insurance and financial services and project or change management tools and techniques

• Motivation, curiosity, a proactive mindset and willingness to take ownership

We highly welcome candidates with a genuine interest and affinity for Information Technology (IT) and Generative Artificial Intelligence (GenAI), as these attributes are considered valuable assets to our team.

What we offer

• If you are looking for a role that challenges you, develops you fast, and offers real exposure to how a global insurer is steered, this is your entry point.
• Early responsibility and exposure to senior Allianz stakeholders
• A steep learning curve at the intersection of consulting and insurance expertise
• Structured development support and clear career progression within Allianz Consulting
• An international, collaborative, and high‑performance environment
• The opportunity to help shape the future of Allianz from within

#LI-AC1 #AllianzServices  

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 center 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 ethnicity or cultural Internal background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.