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Audit Principal (m/f/d)

Job Level:  Professional

Unterföhring (bei München), DE, 85774 München, DE, 81737

Available until:  12/21/2022
Area of Expertise:  Audit
Unit:  Allianz Global Corporate & Specialty
Employing Entity:  Allianz Global Corporate & Specialty SE
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  15879

Let’s care for tomorrow.
Your ambitions.  Your dreams.  Your tomorrow.


At Allianz Global Corporate and Specialty SE (AGCS), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, satellites, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, Allianz Global Corporate and Specialty (AGCS) has the major risks covered when it comes to protecting businesses.


We are looking for a Audit Principle (m/f/d), based in Munich.


Your Team 
Audit is the home for those who dare to challenge status quo and support Allianz in achieving its strategic targets; who appreciate the opportunity to have exposures to all business functions and to master communication skills through interactions with all levels of management.


The Impact You Will Have 
As Audit Principle, you’ll work as part of an international team with extensive audit experience and a broad knowledge of the firm. You will be responsible for delivering a wide range of assignments with a focus specific functions like Operations, Underwriting and Sales, Claims, Finance, Risk and Compliance. This includes identifying business risks at an early stage and advising management on how to improve the control environment. You will be managing large scale and cross-functional audit engagements from planning to the follow-up. This includes mentoring and training to others in the team. You will enjoy a wide variety of work in terms of nature and scope, including audits focused on operational, financial or regulatory risks. You will also have the opportunity to engage with different clients from across all areas of our global firm, remotely or onsite.


Some of your specific responsibilities could include

  • Plan and lead complex audit assignments, supervise audit projects, define risk-based audit areas, audit business transactions, workflows, processes, and control systems
  • Determine deficiencies and vulnerabilities to be remedied, formulate, and agree proposals for solution with different levels of management
  • Ensure follow up and that the audit recommendations are implemented adequately by the auditee.
  • Develop audit programs to effectively test the design and operational effectiveness of the systems of internal controls.
  • Initiate improvements of workflows, processes, and control systems and promote best practice sharing
  • Supervise individual contributors during assigned engagements including training and coaching
  • Plan and implement technical trainings and information (team/peer) as well as assist the Management Team in the development of auditors
  • Take responsibility for the relationship with the clients and become a recognized expert and partner to the business

What You’ll Bring to the Role

  • Minimum of 3 years of experience in internal/external audit and/ or risk management. 
  • Minimum of 5 years of experience in the insurance industry, preferred in an Underwriting or Claims function
  • Strong intellectual and analytical skills and a very good understanding of processes, structures, and the regulatory environment.
  • Ability to express ideas and messages clearly to the audience / level of management, both written and verbally. Ability to “sell” an improvised or prepared audience a winning story
  • Up to 25% travel including global travel


15879 | Audit | Professional | Non-Executive | Allianz Global Corporate & Specialty | 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 Global Corporate & Specialty (AGCS) is a global corporate insurance carrier and part 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.  Learn more about us 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 company 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


Recruitment Agencies: 
AGCS has an in-house recruitment team, which focuses on sourcing great candidates directly. AGCS 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.