Principal Consultant (m/f/d) - Allianz Consulting - Finance & Transaction Services (FTS)

About Us / Who you will join:  

130 years of trust, time to shape what's next. Allianz Group is one of the world's leading insurers and asset managers - built on over a century of stability, expertise, and financial strength. Allianz Services is where that legacy meets the future. 8,200+ people. Eight countries. Three continents. We deliver specialized services to clients within Allianz Group, powered by AI, advanced analytics, and a mindset that refuses to stand still. From core insurance operations to engineering and consulting services, we reimagine how insurance works. What truly sets us apart are our people and the trusted partnerships we build, anchored in our values of expertise, integrity, and empowerment. We don't support the business. We shape it.

Allianz Consulting is where strategy becomes action. As the internal consulting unit of the Allianz Group, we partner with operating entities worldwide to drive transformation across digital, sustainability, and operational excellence - and here, you grow fast and take ownership early.

About the Team

Our FTS team leads initiatives that redefine the Finance function for the future. We operate at the intersection of finance, technology, and strategy, partnering with senior leadership to design innovative operating models, optimize processes, and implement digital transformation programs that enable agility and efficiency across the Allianz Group.

Role Overview

As a Principal Consultant, you will lead critical workstreams within Finance Transformation programs, shaping the future of Allianz’s Finance organization. You will act as a trusted advisor to senior stakeholders, drive strategic initiatives, and mentor team members to deliver impactful results.

Key Responsibilities

• Deliver complex Finance Transformation projects by leveraging your experience in finance operations and functions, ensuring alignment with strategic objectives and measurable outcomes.
• Own workstreams and manage client relationships, providing guidance to junior colleagues and executing on project deliverables, timelines, and day-to-day operations.
• Support M&A transactions across the deal lifecycle, from financial due diligence and risk assessment to post-merger integration planning, process harmonization, and alignment of operating model
• Report directly to the Engagement Manager, ensuring transparency on progress, risks, and dependencies. Proactively provide clarity and action plans, anticipating potential pain points and addressing them before they escalate.
• Analyze business needs and design innovative solutions that enhance finance processes, operating models, and digital capabilities.
• Drive thought leadership by contributing to pitches, developing solution concepts, and identifying new opportunities for value creation.
• Coach and mentor junior consultants, fostering capability development and a high-performance culture.
• Ensure effective stakeholder management and maintain strong client partnerships throughout project lifecycles.

Key requirements/What we hope you bring:

• University degree in Business Administration, Economics, Finance, Accounting, Mathematics, or equivalent experience.
• 6+ years of consulting or project management experience, ideally in Finance Transformation within insurance or financial services.

• Demonstrate knowledge of AI frameworks, leverage AI tools in everyday tasks, and consult clients on AI adoption for successful business transformation

• Experience supporting M&A activities, including financial due diligence, integration planning, or post-merger operations
• Proven track record in Finance Transformation programs and deep expertise in at least one area: Accounting, Controlling, Risk Management, Actuarial, or Finance Operations.
• Strong understanding of Finance processes and ability to quickly grasp complex issues.
• Excellent analytical skills, strategic thinking, and entrepreneurial mindset.
• Fluent in English (written and spoken).

Nice to have:

• Extra-occupational trainings (e.g. CFA, chartered accountant, actuary).
• Experience in shared services/global business services.
• Knowledge of SAP S/4HANA and data visualization tools (e.g., Power BI).
• International experience and additional language skills (German or others).

What We Offer

• Opportunity to shape the future of Finance in one of the world’s leading insurance and asset management companies.
• A global consulting environment with exposure to senior leadership and strategic decision-making.
• Career development through structured growth paths, mentoring, and international mobility.
• A diverse and inclusive culture that values your individuality and empowers you to thrive. 

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.

#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.