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Working student (m/f/d) Risk Management / Solvency II closing at Allianz SE

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Job Level:  Student
Location: 

München, DE, 80802

Area of Expertise:  Risk Management
Unit:  Allianz SE
Employing Entity:  Allianz SE
Job Type:  Part-Time
Remote Job:  Hybrid working
Employment Type:  Temporary
ID:  49244
Position Cluster:  n.a.

Internal Applicant Information
Job Start: asap
Job Type: Part-time / Temporary
Allianz Non-executive position

 

Please submit your application through the Internal Job Board on AZ Connect.
We kindly ask you to upload pdf documents only and make sure your CV and motivation letter for this position are in English.

 

Who will you be joining? 

 

The Risk Controlling SE (RCSE) team is responsible for the oversight of the legal entity Allianz SE, of its holding activities, and of the Allianz Holding & Treasury sub-segment. The Werksstudent position offers a chance to support regular quarterly risk closing and validation procedures, to develop a sound understanding of the Group's internal model dynamics and to get a wide overview of risk and finance topics.

 

How can you make an impact? 

  • Support the regular quarterly closing process for Allianz Holding (AZ SE) incl.:
  • Analysis of the Internal Model Credit Risk Capital and exposure movements;
  • Analysis of Concentration and Credit Default Risk for the Solvency II Standard Model;
  • Communication with business units and departments regarding Limit Reporting (e.g.  Reinsurance Limits, Obligor Limits etc.). 
  • Further development and maintenance of an integrated reporting tool for AZ SE used to feed data into e.g. ORSA Report, quarterly Closing Reports and Quarterly Reports for the Risk Committee, SFCR/RSR.
  • Support for different Internal Model validation activities.
  • Support with respect to daily business tasks in the quantitative risk area (risk analysis, development of small analysis tools in excel).

 

What are you made of? 

 

Minimum Qualifications 

 

  • Enrolled in a Bachelor's or Master's degree program in a related field of study (such as business administration, finance; financial mathematics; actuarial science; mathematics; statistics; econometrics; economics or similar).
  • Strong command of Excel and analysis tools
  • Ability to program (e,g, VBA, Python) is a plus
  • Good English language skills; German is a plus
  • Previous of Solvency II is preferred
  • Previous experience in business related functions (e.g. Sales, Operations, Claims, Underwriting, Investment Management, Asset Management, Consulting, Product Development, Finance, Market Management, Digital / Tech etc.) is a plus
  • Requirement for internship and working student positions is the enrollment in a university – or (for an internship) a gap year

  • We can only consider your application if you provide the following documents:

    • Certificate of enrollment (exception gap year)

    • Valid Work and residence permit (for non-EU citizens). Please check before applying if you can work with your current VISA

 

 

Preferred Qualifications 

 

  • Experience in the insurance/banking/risk management industry is preferred 
  • Able to clearly communicate findings within the RCSE as well as with other departments in Group Risk
  • Attentive to details, thoroughness and able to grasp new concepts quickly
  • Demonstrated ability to work indecently on quantitative projects  

 

 

Do we have what you need? 

 

  • Flexible working arrangements (opportunity to work from home few days per week)

  • Individual and Excellent career development opportunities/plans

  • Family friendly working environment  

  • Health & well-being offerings   

  • Company pension & health insurance   

  • Multi-national, diverse and inclusive community   

  • Opportunity to make an impact on our sustainability initiatives  

 

 

 

 

 And there is much more! Find out more here: Allianz SE Benefits 

More information regarding our recruitment process: Allianz Career

 

#LI-OA1

 

49244 | Risk Management | Student | n.a. | Allianz SE | Part-Time | Temporary

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.


Great to have you on board. 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.

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