Risk Analyst

About the Company

Allianz SE is a global financial services leader with a rich history of over 130 years, headquartered in Munich, Germany. We serve over 100 million customers in more than 70 countries, offering a comprehensive range of insurance and asset management products and services. Our commitment to excellence, innovation, and sustainability drives our success and our mission to provide financial security to our clients. Joining Allianz means becoming part of a diverse and dynamic team dedicated to shaping the future of finance and insurance.

Job Description

We are seeking a diligent and analytical Risk Analyst to join our esteemed team in Munich. The successful candidate will play a crucial role in identifying, assessing, and mitigating financial and operational risks across our diverse business units. This position offers an exciting opportunity to contribute to the financial stability and strategic decision-making of one of the world’s leading financial services providers. You will work alongside experienced professionals, utilizing cutting-edge tools and methodologies to maintain our robust risk management framework.

Key Responsibilities

• Conduct comprehensive risk assessments and analyses for various business operations and new projects.
• Develop and implement risk mitigation strategies and controls.
• Monitor key risk indicators and report on risk exposures to senior management.
• Prepare detailed risk reports and presentations for internal stakeholders and regulatory bodies.
• Ensure compliance with internal risk policies and external regulatory requirements (e.g., Solvency II).
• Collaborate with different departments to embed risk awareness and best practices.
• Contribute to the continuous improvement of risk management processes and tools.
• Participate in stress testing and scenario analysis exercises.

Required Skills

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• Minimum of 3 years of experience in risk management, financial analysis, or a similar role, preferably within the financial services or insurance industry.
• Strong analytical and quantitative skills with proficiency in statistical analysis software (e.g., R, Python, SAS).
• Excellent understanding of financial products, markets, and risk methodologies.
• Proficiency in Microsoft Office Suite, especially Excel and PowerPoint.
• Fluency in English (written and spoken).
• Ability to communicate complex information clearly and concisely.

Preferred Qualifications

• Master's degree or professional certification (e.g., FRM, CFA).
• Experience with risk modeling and data visualization tools (e.g., Tableau, Power BI).
• Knowledge of German is a strong asset.
• Familiarity with Solvency II regulations.
• Experience with database queries (SQL).

Perks & Benefits

• Competitive salary and performance-based bonuses.
• Comprehensive health, dental, and vision insurance.
• Generous retirement savings plan with company match.
• Paid time off and flexible working arrangements.
• Opportunities for professional development and continuous learning.
• Employee assistance programs and wellness initiatives.
• Subsidized public transport ticket (Jobticket).
• On-site canteen and recreational facilities.
• International and diverse work environment.

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