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IT Economics Manager (m/f/d), based in Munich, London or Chicago

Job Level:  Management

Unterföhring (bei München), DE, 85774 Chicago, IL, US, 60606 München, DE, 81737 London, ENG, GB, SE1 9LQ

Due Date:  ASAP
Area of Expertise:  IT & Tech Engineering
Unit:  Allianz Global Corporate & Specialty
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  7354

Applicant Information


For further information please contact: 
Ms. Ksenia Dedkova
Tel: +4989380065439


Whether it’s airplanes, satellites, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Global Corporate and Specialty (AGCS) have got the major risks fully covered when it comes to protecting businesses.


Job Purpose/Role 


The IT Economics Manager is in charge of AGCS IT Financial Management globally, assuming responsibility of IT Budget and development of IT Costs on behalf of the CIO with the aim to achieve a competitive IT Cost Ratio.  

He/she is in charge of holistically and globally driving improvement and simplification of policies and processes of IT Financial Management in alignment with all stakeholders, as well as of continuously identifying and driving productivity and cost reduction measures.



In this role you will…


•    Define with CIO and COO the overall global strategy and direction of IT costs and the key levers to influence and KPIs to steer. In cooperation with Financial Controlling and Reporting translate this strategy into yearly IT Budgets.
•    Review existing processes and tools, identify improvements for simplification, transparency and clear responsibilities. Where appropriate align with Financial Controlling and Reporting and Lean Portfolio Management. Drive implementation.
•    In order to achieve the overall IT Cost targets work with IT Management to identify and implement productivity and cost reduction measures. Continuously monitor and report the implementation and impact on cost development.
•    Define and implement holistic financial steering mechanisms with the help of SLAs, KPIs and benchmarks to manage a captive provider in Change and Run services.  
•    Work with Financial Controlling and Reporting to produce regular Comprehensive Financial Reporting of IT Costs (IT Group Reporting) and the monthly Financial Reports. 
•    Design and produce further financial and non-financial KPIs to steer IT Costs and productivity.
•    In cooperation with Financial Controlling and Reporting review and adjust charging and cost allocation mechanisms to business units in order to create transparency and incentives to use IT services wisely.  

To be successful in the role:


You will have…


•    At least 8 - 10 years of experience in IT and IT Financial Management  
•    Experience and Knowledge in IT Financial Management or IT Management with strong financial or controlling context.
•    Good Accounting Knowledge
•    Strong communication skills from working level to C-level 
•    Strong analytical capability to work in a highly complex technical and organisational environment combined with a call to action. 
•    Strong ability to create productive working relationships across departments on a peer-to-peer level. 
•    Strong written and verbal communication skills 
•    Fluent in English

Ideally you will also have…


•    Financial Services / Insurance background and/or having worked in a large-scale outsourcing context are of benefit. 
•    Energy, autonomy, self-organization, initiative 


The benefits of joining AGCS


•    Hybrid working model, which recognizes the value in a balance between remote and office based working, giving you the flexibility to organize the way you work
•    An exciting and versatile job with an opportunity to work alongside skilled and specialised colleagues from all over the world 
•    An environment where innovation and challenging the status quo is encouraged
•    Wellbeing policies/initiatives to support a positive work life balance 
•    A competitive compensation and benefits package including generous bonus scheme  
•    Continuous learning: A large portfolio of continuous learning opportunities to help you stay relevant in your current role, grow into future roles and meet the demands of the workplace
•    Diverse and inclusive culture: You will be accepted for who you are and empowered to use your voice to help others find theirs


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. 


Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.


Our customers are as diverse as business can be, ranging from Fortune Global 500 companies to small businesses, and private individuals.Worldwide, AGCS operates with its own teams in 31 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,400 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2020, AGCS generated a total of €9.3 billion gross premium globally. 


In 2020, AGCS announced a new strategy and transformation program called New AGCS which aims to comprehensively transform the company, creating a mutually beneficial relationship with stakeholders. This  is  an  exciting time  to  join  AGCS  as  we continue  on  our  journey  of  transformation,  regaining  market leadership  and  achieving  success  together.  You can grow your career through meaningful work supporting our customers, while learning from expert colleagues.


Allianz is an equal opportunity employer and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. 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 expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.


Let’s care for tomorrow.