Underwriting Analyst- NewYork, NY

Allianz Life
  • Job Purpose/ Role

    Allianz Real Estate of America (“AREoA”) is seeking an Underwriting Analyst with 1 to 3 years of real estate experience for its debt underwriting team. The position, based in Midtown Manhattan, will report to the Co-Head of Debt Investments. ~crlf~AREoA is the U.S. subsidiary of Allianz Real Estate (“ARE”), the captive real estate investment and asset manager serving the global Allianz Group companies. ARE has assets under management of approximately $60.0 billion and has approximately 450 employees around the globe with subsidiaries in Germany, France, Switzerland, Italy, the U.S. and the Asia/Pacific Region. ~crlf~AREoA makes equity and debt investments in the top 50 metropolitan areas in the U.S. and manages an existing portfolio of direct equity holdings, joint ventures, fund investments and commercial mortgage loans aggregating approximately $18.0 billion. Annual debt investments include approximately 50-60 commercial mortgage loans totaling $2.0-2.5 billion.

  • Key Responsibilities

    The position will support the debt underwriting team by:~crlf~• Analyzing and underwriting potential new debt investments~crlf~• Actively assist originators with evaluating and mitigating risks for proposed debt investments~crlf~• Model future property cash flows using Argus software~crlf~• Using risk modeling software to analyze new debt investments~crlf~• Assist in the due diligence, closing and preparation of investment committee memos for complex transactions Assisting with reporting and portfolio analysis ~crlf~• Participating in ad hoc projects as necessary

  • Key Requirements/ Skills

    • Bachelor’s degree required (preferably in real estate, finance or related discipline) ~crlf~• 1-3 years’ experience underwriting and valuing multi-family, industrial, office and retail properties~crlf~• Proficiency in financial modeling and creating presentations utilizing Microsoft Office (Excel, Word, PowerPoint)~crlf~• Argus training desired~crlf~Personal Attributes~crlf~• Strong analytical skills, detail oriented, highly organized~crlf~• Strong (verbal and written) communication skills~crlf~• Team player with good interpersonal skills

  • Additional Information

    At Allianz, we foster a workplace where every person feels welcome, connected, and valued

  • About Allianz

    Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 88 million private and corporate customers and more than 140,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.~crlf~~crlf~Allianz is an equal opportunity employer. Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation.

    Retiring with financial security. Living life with confidence. At Allianz Life®, every employee knows these are the things that matter. To do what matters means giving employees the tools and opportunities they need to create innovative, industry-leading products, to discover and embrace new trends, and to strengthen the customer experience. As a company, it means creating a culture that is inclusive, where doing the right thing comes naturally, and promoting an environment that develops talent, seeks excellence, encourages smart risks, and recognizes and rewards people for their performance. Doing what matters for employees helps everyone focus on doing what matters most for our customers. Allianz Life. What you do here matters.

    Why Allianz Life®? Because we hire people who are dedicated to doing what matters and we give you the quality training, support, and advancement opportunities you need to succeed. As a company known for its financial strength, we offer generous benefits, have a strong commitment to community involvement, a collaborative culture, and a unique level of energy. The result is engaged and more productive employees. From the very first day you join our team, you will know that your contributions are valued. We practice True Balance at our campus by providing a fun work environment, an on-site child development center, a fully staffed fitness center, and a variety of meal options in both our full-service cafe and bistro. And all medical, dental, and retirement benefits are effective the first day you join Allianz Life, so you can focus on what truly matters.~crlf~~crlf~An equal opportunity employer.~crlf~~crlf~

Job Purpose/ Role

Allianz Real Estate of America (“AREoA”) is seeking an Underwriting Analyst with 1 to 3 years of real estate experience for its debt underwriting team. The position, based in Midtown Manhattan, will report to the Co-Head of Debt Investments. ~crlf~AREoA is the U.S. subsidiary of Allianz Real Estate (“ARE”), the captive real estate investment and asset manager serving the global Allianz Group companies. ARE has assets under management of approximately $60.0 billion and has approximately 450 employees around the globe with subsidiaries in Germany, France, Switzerland, Italy, the U.S. and the Asia/Pacific Region. ~crlf~AREoA makes equity and debt investments in the top 50 metropolitan areas in the U.S. and manages an existing portfolio of direct equity holdings, joint ventures, fund investments and commercial mortgage loans aggregating approximately $18.0 billion. Annual debt investments include approximately 50-60 commercial mortgage loans totaling $2.0-2.5 billion.

Key Responsibilities

The position will support the debt underwriting team by:~crlf~• Analyzing and underwriting potential new debt investments~crlf~• Actively assist originators with evaluating and mitigating risks for proposed debt investments~crlf~• Model future property cash flows using Argus software~crlf~• Using risk modeling software to analyze new debt investments~crlf~• Assist in the due diligence, closing and preparation of investment committee memos for complex transactions Assisting with reporting and portfolio analysis ~crlf~• Participating in ad hoc projects as necessary

Key Requirements/ Skills

• Bachelor’s degree required (preferably in real estate, finance or related discipline) ~crlf~• 1-3 years’ experience underwriting and valuing multi-family, industrial, office and retail properties~crlf~• Proficiency in financial modeling and creating presentations utilizing Microsoft Office (Excel, Word, PowerPoint)~crlf~• Argus training desired~crlf~Personal Attributes~crlf~• Strong analytical skills, detail oriented, highly organized~crlf~• Strong (verbal and written) communication skills~crlf~• Team player with good interpersonal skills

Additional Information

At Allianz, we foster a workplace where every person feels welcome, connected, and valued

About Allianz

Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 88 million private and corporate customers and more than 140,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.~crlf~~crlf~Allianz is an equal opportunity employer. Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation.

Retiring with financial security. Living life with confidence. At Allianz Life®, every employee knows these are the things that matter. To do what matters means giving employees the tools and opportunities they need to create innovative, industry-leading products, to discover and embrace new trends, and to strengthen the customer experience. As a company, it means creating a culture that is inclusive, where doing the right thing comes naturally, and promoting an environment that develops talent, seeks excellence, encourages smart risks, and recognizes and rewards people for their performance. Doing what matters for employees helps everyone focus on doing what matters most for our customers. Allianz Life. What you do here matters.

Why Allianz Life®? Because we hire people who are dedicated to doing what matters and we give you the quality training, support, and advancement opportunities you need to succeed. As a company known for its financial strength, we offer generous benefits, have a strong commitment to community involvement, a collaborative culture, and a unique level of energy. The result is engaged and more productive employees. From the very first day you join our team, you will know that your contributions are valued. We practice True Balance at our campus by providing a fun work environment, an on-site child development center, a fully staffed fitness center, and a variety of meal options in both our full-service cafe and bistro. And all medical, dental, and retirement benefits are effective the first day you join Allianz Life, so you can focus on what truly matters.~crlf~~crlf~An equal opportunity employer.~crlf~~crlf~


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We build on work time models that give our employees flexibility in planning and arranging their work and leisure time. 
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