IT Economics Specialist (m/f/d)

Let’s care for tomorrow.

Your ambitions.  Your dreams.  Your tomorrow

Whether it’s aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses. 

We are looking for an IT Economics Specialist (m/f/d), based in Munich, London or Chicago.

Your Team

The IT Productivity & Steering Team of Allianz Commercial  is in charge of managing external IT Services and overall IT Costs. As Allianz Commercial IT is fully outsourced to Allianz Technology managing the vendor relationship is crucial for the success of our company. We work as a diverse, globally distributed team and collaborate with stakeholders within Allianz Commercial and Allianz Technology.  

The Impact You Will Have

Reporting to the Technical Director IT Productivity & Steering, you will be responsible for:

• Reviewing and controlling overall IT spend and costs in Change and Run
• Preparing IT budgets
• Forecasting IT costs
• Financial steering of the service provider with a focus on cost optimization
• Contributing to financial reporting and IT group reporting

Some of your specific responsibilities could include:

• Oversee, review, and analyze overall IT costs against budget, plans, and forecasts; identify and clarify deviations with service owners; support corrective measures.
• Develop and maintain a monthly forecasting process for IT costs.
• Prepare the yearly IT budget in cooperation with AGCS Retained IT, Finance, and Allianz Technology's Account and Service Management.
• Financially steer service providers; review and reconcile booked charges with AGCS Retained IT functions.
• Produce comprehensive financial reports on IT costs and KPIs; work with Financial Controlling for quarterly and monthly reporting.
• Drive IT cost optimization from identification through planning, implementation, and tracking. Contribute to and review project business cases, track project business cases.
• Continuously improve planning, controlling, and forecasting processes with stakeholders to increase transparency, efficiency, and reduce costs.

What You’ll Bring to the Role

• Extensive experience in IT controlling, preferably in a financial service company.
• Project Management and/or Line Management of medium to high complexity within IT.
• IT-related finance and accounting skills, including IT controlling and performance measurement.
• Experience in benefit calculation would be a plus
• Expertise in IT cost optimization planning, implementation, and tracking.
• Strong communication skills, from working level to C-level, and ability to build productive working relationships across departments.
• Strong analytical skills, self-organization, initiative, energy, and a call to action.

Only valid for location Chicago: The annualized base pay range for this role is $106,400 to $182,333. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role, the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package.  As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

53573 | IT & Tech Engineering | Professional | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

Let’s care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong.  We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.  Please feel free to discuss flexible working arrangements with us.

Let’s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let’s care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let’s care for life’s twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let’s care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the Allianz Group brand serving the world’s largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations’ economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling. 

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.

People with disabilities:
We want to give all our candidates the best opportunity to succeed.  If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com

Recruitment Agencies: 
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly.  Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters.  Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly.

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