Financial Analyst in Cost Controlling (m/f/d)

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 Financial Analyst in Cost Controlling (m/f/d), based in Munich.

Your Team

Within CFO Global Performance Steering (GPS), the Cost Controlling team is the “point of entry” towards the business on all cost topics. The mandate of the cost team is to steer and challenge Allianz Commercial cost, productivity, and FTE development globally against overall aspiration level and facilitate results-oriented discussions at senior management level.

The Impact You Will Have

In this role, you will drive the cost controlling activities with specific focus on IT / AZ Technology cost reporting by identifying key drivers, risks, and opportunities, and providing tangible recommendations. Your core tasks include reliable monthly reporting, forecasting, year-end steering, and planning processes. You will also communicate results in major projects and presentations, contributing to Steercos, Productivity Dialogue, and Planning Dialogue.

Some of your specific responsibilities could include:

• Analyzing cost/expenses from monthly reporting and yearly planning by providing management reporting & analysis (regular and ad-hoc) with a focus on IT / AZ Technology cost.
• Coordinating input from various sources and among peers and matrix functions to provide a consolidated global view of IT / AZ Technology cost.
• Presenting conclusions transparently with robust financial commentary to enable decision making.
• Responding to ad-hoc requests and conducting special cost analyses to support business decisions.

Drive initiatives and communicate effectively:

• Participate in projects and initiatives as required.
• Engage in proactive and effective exchange among stakeholders.
• Identify opportunities to improve and streamline processes.

What You’ll Bring To The Role

• First experience in controlling, financial modeling, and analysis, preferably in Insurance/Financial Services.
• Strong analytical skills, including handling and analyzing large data sets.
• Excellent MS Office skills (especially Excel) and experience with finance reporting/planning systems (e.g., SAP).
• Strong educational background in Business Administration, Economics, Finance, Accounting, Mathematics, or related disciplines.
• Embracing agile working and continuous learning to adapt to customer needs.
• Ability to communicate clearly and effectively in English with stakeholders, including senior management.
• Comfortable working independently and in teams within an international environment.
• A willingness to learn and explore how AI can enhance your role and organization.

Location: 70564 | Finance & Accounting | Professional | Allianz Commercial | Full-Time | Permanent

What’s in it for you?

Let’s Care About Everything That Makes You, You

We foster an inclusive environment with flexible working arrangements. Discuss your needs with us.

Let’s care for your financial wellbeing

Enjoy a competitive compensation package, including bonuses and pension.

Let’s care for your opportunities to progress

Access career development, digital learning, and international mobility opportunities.

Let’s care for life’s twists and turns

Benefit from flexible working, health and wellbeing programs, and support for career breaks.

Let’s care for our society and our planet

Engage in shaping a sustainable, inclusive future.

Care to join us?

Allianz Commercial insures diverse risks for global clients. We value diversity and are an equal opportunity employer. For candidates requiring adjustments, contact agcsglobalcareers@allianz.com.