Consultant (m/f/d) - Allianz Consulting - Insurance Steering Team

Allianz Services; Unterföhring; On-site; EUR 50,000 - 70,000; Full time

Job summary

Allianz Consulting seeks a Consultant / Senior Consultant to work with experienced teams on high-impact projects across the insurance business. You will gain exposure to senior stakeholders and deliver strategic analyses, models, and presentations that influence decisions.

You will contribute to transformation initiatives, support business development, and collaborate with Allianz Operating Entities in a fast-paced, international environment. English and German fluency is required.

Qualifications

• Bachelor’s or Master’s degree in a relevant field.
• 1–3 years of operational business or management consulting experience.
• Proven ability to apply AI tools to business transformation.
• Strong analytical thinking and problem-solving skills.
• Excellent English and German; another European language is a plus.
• Proficient in PowerPoint and Excel with complex formulas.

Responsibilities

• Support strategy and transformation initiatives across claims, underwriting, finance, operations, and digital solutions.
• Analyze financial, operational, and performance data to support steering decisions.
• Prepare structured analyses, management presentations, and executive materials.
• Contribute to project management and stakeholder coordination.
• Support business development activities, including pitch preparation and proposals.
• Assist in client workshops and knowledge sharing with Allianz Operating Entities.
• Contribute to internal initiatives and evolution of Allianz Consulting offerings.

Skills

AI frameworks

PowerPoint

Excel

English

German

Analytical thinking

Problem solving

Education

Bachelor’s or Master’s degree in Business Administration, Law, Economics, Finance, Insurance, Engineering

Comparable field

Tools

AI frameworks

Job description

About Us / Who You Will Join

130 years of trust, time to shape what's next. Allianz Group is one of the world's leading insurers and asset managers - built on over a century of stability, expertise, and financial strength. Allianz Services is where that legacy meets the future. 8,200+ people. Eight countries. Three continents. We deliver specialized services to clients within Allianz Group, powered by AI, advanced analytics, and a mindset that refuses to stand still. From core insurance operations to engineering and consulting services, we reimagine how insurance works. What truly sets us apart are our people and the trusted partnerships we build, anchored in our values of expertise, integrity, and empowerment. We don't support the business. We shape it.

About Us / Who You Will Join

130 years of trust, time to shape what's next. Allianz Group is one of the world's leading insurers and asset managers - built on over a century of stability, expertise, and financial strength. Allianz Services is where that legacy meets the future. 8,200+ people. Eight countries. Three continents. We deliver specialized services to clients within Allianz Group, powered by AI, advanced analytics, and a mindset that refuses to stand still. From core insurance operations to engineering and consulting services, we reimagine how insurance works. What truly sets us apart are our people and the trusted partnerships we build, anchored in our values of expertise, integrity, and empowerment. We don't support the business. We shape it.

Allianz Consulting is where strategy becomes action. As the internal consulting unit of the Allianz Group, we partner with operating entities worldwide to drive transformation across digital, sustainability, and operational excellence - and here, you grow fast and take ownership early.

About The Insurance Steering Team

The Insurance Steering Team supports senior Allianz leaders globally across Retail P&C and Commercial Insurance in linking strategy to execution. We combine deep insurance expertise with consulting excellence to steer large-scale transformation initiatives covering financial performance, claims, underwriting, operations, and digital solutions.

As part of this team, you will gain early exposure to senior stakeholders, complex insurance topics, and end-to-end transformation work — well beyond a "classic analyst role". From day one, you will work on real Allianz projects, support senior leaders across Claims, Underwriting, and Operations, and see first-hand how a global insurer steers performance and transformation.

If you are at the early stages of your career and want responsibility, real exposure, and a steep learning curve at the intersection of consulting and insurance, this role is built for you.

Key Responsibilities / You Will Get To

As a Consultant / Senior Consultant, you will work closely with experienced Consultants and Engagement Managers on high-impact projects across the insurance business. You will:

• Support strategy and transformation initiatives across claims, underwriting, finance, operations, and digital solutions


• Analyze financial, operational, and performance data to support value-based steering decisions


• Prepare structured analyses, management-ready presentations, and executive materials


• Contribute to project management and steering activities, including milestone tracking and stakeholder coordination


• Support business development activities, including pitch preparation and proposal work


• Assist in client workshops and working sessions with Allianz Operating Entities


• Contribute to internal initiatives, knowledge development, and the continuous improvement of Allianz Consulting offerings

What You Will Learn

• How Allianz steers large-scale insurance transformation end-to-end


• How to structure problems and communicate with senior executives


• How Claims, Underwriting, Finance, and Operations connect across the insurance value chain


• How consulting teams move from analysis to recommendation and implementation

Key requirements / What we hope you bring:

• A Bachelor’s / Master’s degree in Business Administration, Law, Economics, Finance, Insurance, Engineering, or a comparable field


• Minimum 1 year of experience and up to 3 years of operational business or management consulting as a Full-Time Employee


• Demonstrate expert knowledge of AI frameworks, leverage AI tools in everyday tasks, and consult clients on AI adoption for successful business transformation


• An affinity for solving problems and a pronounced capacity for analytical thinking


• Your desire to make a difference and your willingness to be coached


• Your enthusiasm for working in a diverse and international team


• An excellent command of English and German that you will use when preparing and delivering presentations and reports. Another European language is a plus


• Your previously acquired skills in PowerPoint and Excel (can perform complex functions)


• Your curiosity and knowledge of insurance and financial services and project or change management tools and techniques


• Motivation, curiosity, a proactive mindset and willingness to take ownership

We highly welcome candidates with a genuine interest and affinity for Information Technology (IT) and Generative Artificial Intelligence (GenAI), as these attributes are considered valuable assets to our team.

What We Offer

• If you are looking for a role that challenges you, develops you fast, and offers real exposure to how a global insurer is steered, this is your entry point.


• Early responsibility and exposure to senior Allianz stakeholders


• A steep learning curve at the intersection of consulting and insurance expertise


• Structured development support and clear career progression within Allianz Consulting


• An international, collaborative, and high‑performance environment


• The opportunity to help shape the future of Allianz from within

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.

We are united by a shared commitment: to put our customers first and at the center of everything we do. Their needs inspire our thinking and guide our actions.

Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.

We therefore welcome applications regardless of ethnicity or cultural Internal background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Let's care for tomorrow.