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CAT Risk Analyst (m/f/d)

Job Level:  Professional

Unterföhring, DE, 85774

Due Date:  as soon as possible
Area of Expertise:  Risk Management
Unit:  Allianz Global Corporate Specialty
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  2534

Job purpose / Role


The holder of this position will identify and quantify major accumulation risks to assist in the establishment of the appropriate risk mitigation and control mechanisms to ensure the financial solvency of AGCS. The Analyst role requires application of solid catastrophe modelling techniques, principles and understanding to meet team objectives. You will have responsibility for small to medium size projects and will be responsible for specific outcomes relating to definition, execution and delivery phases of the project.


Key Responsibilities


•    Run Catastrophe loss modelling software (Natural perils and Terrorism)
•    Prepare regular and ad-hoc data extracts and reports for the monitoring of AGCS global loss potential (e.g. portfolio analyses, CAT limit monitoring (AZ Group and AGCS internal limits))
•    Support global business, steer and provide input to ensure adequate Reinsurance protection
•    Contribute to define scope, timeframes and execute deliverables with internal and external clients 
•    Collaborate with CUO LOB and other relevant functions (Actuarial, Risk Management, Reinsurance, Cat Capacity Steering Desk - CCSD, ARC, Claims, etc.) to support business steering and portfolio management, Solvency II requirements, Reinsurance renewals and Data Quality improvements
•    Provide on the spot consultancy and translate or explain CAT Modeling results and reports to users in CxO
•    Communication and explanation of portfolio impact e.g. from model changes to internal clients
•    Training and education across AGCS, Allianz Group as well as clients
•    Drive innovation and change through managing the evaluation process relating to modelling upgrades, GIS applications and other vendor catastrophe loss modelling software
•    Technical and portfolio impact analyses and complete documentations

Key Requirements/Skills/Experience


Relevant experience
•    3-5 years professional experience in the field of insurance and/or reinsurance 
•    Bachelor’s degree in Geosciences or Mathematics
•    Profound understanding of underwriting practice for industrial risks and corporate business on a global basis
•    Practical experience and familiarity with multiple vendor tools
•    Project Management experience
•    Profound experience with Catastrophe Modeling Software (RMS, AIR, EQECAT) and GIS (Geographical Information Systems) applications
•    Advanced programming skills (e.g. SQL, Python, R) and knowledge of Microsoft Excel, Access and SQL
•    Professional communication, technical depth and ability to communicate with required levels / functions internally and externally in a global environment
•    Ability to deliver results, develop talent and performance and drive innovation and change
•    Lead yourself and others in-line with agreed organizational strategic orientation
•    Fluent in English and good knowledge of German 


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. Join us. Let's care for tomorrow.


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.


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. Among them are not only the world's largest consumer brands, tech companies and the global aviation and shipping industry, but also wineries, satellite operators or Hollywood film productions. They all look to AGCS for smart answers to their largest and most complex risks in a dynamic, multinational business environment and trust us to deliver an outstanding claims experience.
Worldwide, AGCS operates with its own teams in 32 countries and through the Allianz Group network and partners in over 200 countries and territories, employing over 4,300 people. As one of the largest Property-Casualty units of Allianz Group, we are backed by strong and stable financial ratings. In 2019, AGCS generated a total of €9.1 billion gross premium globally.
For more information, visit http://www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance and LinkedIn.


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