Let’s care for tomorrow.
Your ambitions. Your dreams. Your tomorrow
Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.
We are looking for a CAT Risk Analyst (m/f/d), based in Munich.
Your Team
Our team is committed to providing the best possible risk management solutions to Allianz Commercial and our clients. As a member of our global team, you will have the opportunity to work alongside experienced professionals who are passionate about what they do. We value collaboration, innovation, and diversity, and strive to create an environment that fosters growth and development. Our team is dedicated to staying up to date with the latest trends and technologies in catastrophe risk analysis, and we encourage continuous learning and professional development. Together, we work towards a common goal of mitigating risks and ensuring the financial solvency of Allianz Commercial. Join our team and make a meaningful impact on the future of risk management.
The Impact You Will Have
As a Catastrophe Risk Analyst at Allianz Commercial, you will play a critical role in identifying and assessing significant accumulation risks that could impact the company's financial stability. By utilizing your expertise in catastrophe modeling techniques and principles, you will support the development of effective risk mitigation and control strategies to safeguard Allianz Commercial's financial solvency. You will lead small to medium-sized projects, taking ownership of the definition, execution, and delivery phases, and delivering specific outcomes to meet team objectives. With your contributions, Allianz Commercial can better manage risks and continue to provide its customers with the highest level of protection possible.
Some of your specific responsibilities could include:
* Utilize catastrophe loss modelling software to perform natural peril and terrorism risk assessments, and prepare regular and ad-hoc data extracts and reports to monitor Allianz Commercial's global loss potential
* Conduct portfolio analyses and monitor CAT limits to support global business steering and provide input for adequate reinsurance protection
* Collaborate with internal and external clients to define scope, timeframes, and execute deliverables
* Translate and explain CAT modelling results and their impact on portfolio level to all relevant stakeholders within Allianz Commercial and provide consultancy services as needed
* Providing training and education on CAT topics within Allianz Commercial, AZ Group, and to clients
* Collaborate with CUO LOBs and other relevant functions to support business steering and portfolio management, ensure compliance with Solvency II requirements, manage reinsurance renewals, and improve data quality
* Drive innovation and change by supporting the evaluation process for modelling upgrades, GIS applications, and other vendor catastrophe loss modelling software, including technical and portfolio impact analyses and complete documentations.
What You’ll Bring to the Role
* Master's degree in Geosciences, Engineering, or Mathematics
* Solid professional experience in insurance and/or reinsurance
* Understanding of underwriting practices for industrial risks and corporate business on a global scale
* Project management experience
* Proficiency in catastrophe modelling software, such as Moody´s RMS, Verisk and GIS (Geographic Information Systems) applications
* Proficiency in PC software such as Microsoft Excel and SQL, as well as programming languages like SQL and Python
* Fluent in English and able to negotiate, and knowledge of another language is a plus.
64189 | Risk Management | Professional | Allianz Commercial | 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 Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks.Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises.We also cover unique risks such as offshore wind farms, infrastructure projects and film productions.Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling.Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial 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 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 agcsglobalcareers@allianz.com
Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial 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.
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