Quantitative Analyst (m/f/d) in Global ALM Life/Health Team
Our global network of more than 500 employees from over 60 countries is organized in regional hubs located in Munich/Stuttgart, Milan, Minneapolis, Paris, and Singapore. It offers multifaceted career opportunities for outstanding investment talents.
AIM provides the perfect opportunity to embark on or continue your international career. AIM continues to grow and supports its employees to do the same. We believe that work should be rewarding, and that good work should be rewarded. We offer opportunities and strive for excellence.And our actions are guided first and foremost by high ethical standards and our sense of commitment to society.
Job purpose/role
Are you interested in taking a strategic view on investment portfolios of Life/Health (L/H) entities of Allianz? Do you like working with colleagues across departments and countries by supporting their asset-liability management (ALM)? If so, then become a Member of the Global ALM and Strategic Asset Allocation (SAA) Team in Munich!The job focuses on developing quantitative ALM methods and requires you to consider different KPIs for the development of SAAs.
Key responsibilities- Perform ALM analysis by simulating different scenarios (e.g. changes in asset allocation) in cash-flow models and analyzing the impact on different KPIs (e.g. Solvency-II, IFRS 9/17, S&P capitalization)
- Develop expertise in L/H actuarial cash-flow models and risk capital framework (esp. Standard Model)
- Further develop existing analytical models and tools to evaluate investment strategies and asset allocation decisions in L/H portfolios
- Work together with senior investment colleagues in Operating Entities (e.g. Eastern Europe, Italy) and other teams within AIM, and take ownership for the entities covered by you
- Master's degree in Finance, Economics, Actuarial Science or Quantitative subjects
- 1-3 years of experience in investment function of insurance, banking or asset management company
- Knowledge of capital markets, financial modeling and portfolio optimization techniques
- First insights in portfolio steering and constraints management (e.g. Financial Frame)
- Good IT skills or willingness to build them: knowledge of Excel, Visual Basic, Python or other programming languages is beneficial
- Fluency in English (written and spoken)
- Team player with entrepreneurial thinking, good presentation and communication skills
- Our buddy program, a welcome event and a structured onboarding to help you get started with AIM.
- A broad range of learning opportunities will help you staying relevant in your current role and growing into future workplace demands.
- An open and international working environment with a diverse and inclusive culture will inspire your everyday work. A working model which balances remote and office based work will give you the flexibility to organize the way you work.
- A company pension scheme, well-being initiatives, sports offers and other local benefits will allow you achieving a positive work life balance.
56333 | Asset & Investment Management | Entry Level | Allianz Investment Management | Full-Time | Permanent
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.
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