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Investment Control Specialist

Job Level:  Entry Level
Location: 

Milan, IT, 20145

Available until:  31/03/2023
Area of Expertise:  Asset & Investment Management
Unit:  Allianz Italy
Employing Entity:  Allianz Spa
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  21382

Allianz Investment Management (AIM) is the investment management arm of the Allianz Group, responsible for managing the risk/return profile of its EUR 800bn investment portfolio. Our global network of operations spans from Munich and Stuttgart to Milan, Paris, Minneapolis and Singapore and offers multifaceted career opportunities for outstanding financial talents.

JOB PURPOSE/ROLE

As an investment professional and a member of our team at AIM (Allianz Investment Management) you will analyze, monitor and contribute to steer the EUR 90 bn insurance assets of Allianz Italy in the segments Property & Casualty and Life & Health (traditional Life, Unit Linked and Pension Fund investment portfolios).

You will be in charge of different activities spanning from investment planning, monitoring and reporting, that require extensive data management and maintenance. You will represent the Italian portfolios in the Global Team for Investment Reporting. In this role, you will be part of a cross-border project that aims to enhance the global investment information system and to improve the efficiency, automation, quality and effectiveness of the investment reporting.

To this end, you will work together with different areas of expertise, incl. asset managers, investment managers as well as risk controllers and the financial control teams of the Allianz Group Investment Hubs across the globe.

 

KEY RESPONSIBILITIES

In particular, your tasks will comprise:

  • Data management and maintenance activities
  • Monitoring of investment limits
  • Monitoring of investment results and analysis of gaps vs Plan
  • Ongoing review and enhancement of the investment reporting processes, incl.  identification of possible use cases for automation and support to their implementation
  • Update of the investment reporting according to the requirements of IFRS 9 & IFRS 17
  • Inclusion of non-financial KPIs (e.g. ESG related measures/sustainability scores…) into the regular investment reporting 
  • Delivery of investment reporting for the Board of Directors and the Senior Management
  • Delivery of effective presentations in Power Point and development of insightful reports in Power BI
  • Analysis of market peers
  • Contribution to key global monitoring and reporting projects as part of international working groups

 

KEY REQUIREMENTS / SKILLS / EXPERIENCE

Qualifications:

  • Excellent Master's Degree in Business Administration, Economics, Finance, or in other quantitative subjects
  • 1- 2 years working experience, ideally in the investment / finance / risk / planning department of an insurance or financial services company
  • Outstanding communication and presentation skills
  • Fluency in English, written and spoken


Sector Specific:

  • Good knowledge of standard and non-standard financial instruments, incl. derivatives and alternative assets 
  • Experience with performance calculation methods and with risk-based profitability measurement models beneficial
  • Solid knowledge of Italian and IFRS Accounting Standards, incl. IFRS 9
  • Familiarity with the Solvency 2 regulatory framework and knowledge of business specific KPIs (Life, Pension and Property & Casualty insurance business) are a plus


Data and Digital:

  • Deep knowledge of the Microsoft Office Tools, incl. advanced knowledge of Excel
  • Good working knowledge of PL/SQL, knowledge of programming languages for data analysis is a plus
  • Strong ability to transform information into effective visual presentations (data visualization, presentation skills)

 

Behavioral:

  • Strong analytical skills, systematic and structured approach applied to the analysis of processing of data
  • Entrepreneurial attitude and learning agility, orientation towards technical excellence, along with strong result-orientation and problem-solving capabilities
  • Ability to deliver on tight deadlines, to work independently, and to deal with separate work-streams in parallel

Strong team player attitude, including ability to work in flexible teams involving different local and/or international interfaces and to establish a constructive working climate
 

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.

Both genders may apply in accordance with the L. 903/77 (s.m.i).