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(Senior) P&C Risk Analyst (m/f/d) in Group Risk, Allianz SE

Job Level:  Professional

München, DE, 80802

Due Date:  sofort
Area of Expertise:  Risk Management
Unit:  Allianz SE
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  7848



Job Purpose/Role
The P&C Center of Competence (CoC) within Group Risk ensures excellence in P&C risk modeling and enterprise risk management for the Allianz Group and the Allianz entities. The CoC provides ownership and subject matter expertise for the PC Underwriting risk models, which includes developing Groupwide guidelines and frameworks, governance and support for the internal model as well as the standard risk capital model.
In addition the CoC is the business partner to enhance best practice P&C risk management across the Allianz Group. One key area is the Cat risk management, where we identify and quantify major accumulation risks to assist in the establishment of appropriate risk mitigation and control mechanisms to ensure the financial solvency of Allianz Group.


Key Responsibilities

As Senior P&C Risk Analyst you will:

  • Be responsible for parts of the PC underwriting risk model under Solvency II (Internal and standard model). You will stay abreast of market practice, drive innovation in your area and communicate, support and provide guidance to Allianz subsidiaries as well as other Group functions. Development of methods, trainings as well as facilitating discussions with management, regulators/ auditors are part of your job.
  • Be responsible for selected subsidiaries, oversee and validate their PC underwriting risk model, related closing activities and accumulations.
  • Lead and contribute to projects where expertise from various areas and countries are brought together.

Key Requirements/Skills/Experience



  • Master’s degree in actuarial, finance, mathematics, statistics or equivalent
  • Actuarial degree is a plus
  • Fluency in business English (written and spoken) is mandatory
  • Advanced knowledge of Microsoft Office applications (Power Point, Excel, Word)
  • Knowledge of simulation software is a plus (e.g. Igloo, ResQ)

Experience and key skills

  • Motivation, excellent analytical and communication skills plus the ability to work independently and in a team environment
  • Willing to take responsibility in area of expertise
  • Minimum of 3-5 years working experience, preferably in actuarial and/ or risk areas or technical underwriting
  • Role requires good understanding of PC business and the related risks
  • Experience with accumulation management and Solvency II knowledge is a plus


Additional Information 

We offer: Career development programs, Workwell@AllianzSE, Flexible working arrangements
Senior Recruiter: Ms. Sabrina DiClemente:   +49 (0)89 3800- 69518  
Please submit your applications only via our online tool.


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 ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.
Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.