INTERNSHIP - POLITICAL AND CREDIT RISK UNDERWRITER (W/M)

Allianz Popular SL.; Paris; On-site; EUR 16,000 - 20,000; Full time

Job summary

Allianz Trade in Paris offers an internship in Risk Management within the Specialty Credit – Mid Term division. You will support risk analysis and learn about international trade finance for exporters, banks, and multilateral institutions.

Working with a global team across London, Paris, New York, and Singapore, you will develop analytical skills, assist in monitoring risk activities, and contribute to research on geopolitical and sectoral topics.

Qualifications

• Bachelor's +4/5 (Master's level) in engineering and/or Business School, University - International Trade / Finance.
• Strong proficiency in PowerPoint and Excel.
• English is mandatory with excellent written and spoken proficiency.
• Excellent thinking, analytical, synthesis, and writing skills; interest in geopolitics and financial analysis.
• Autonomy and curiosity; team spirit.

Responsibilities

• Preparing risk analysis memos (financial, geopolitical, macroeconomic, and transactional analysis).
• Assisting with projects related to procedures or research for the department.
• Assisting in monitoring risk activities and managing the database.
• Supporting underwriting teams, including information requests from credit analysts in Allianz Trade subsidiaries.
• Conducting research on geopolitical and sectoral topics (commodities, banks, macroeconomics, infrastructure).

Skills

PowerPoint

Excel

English proficiency

Analytical thinking

Writing skills

Autonomy

Team spirit

Geopolitics interest

Education

Master's degree in International Trade/Finance

Job description

About the Role:

You will join the Specialty Credit – Mid Term division, specializing in political and credit risk coverage, as well as medium and long-term project and financing for exporting companies, banks, and multilateral institutions. During this internship, you will work within the Risk team based in Paris and maintain constant contact with our commercial hubs (London, Paris, New York, and Singapore), where you will particularly contribute to:

Main Tasks:

• Preparing risk analysis memos (financial, geopolitical, macroeconomic, and transactional analysis, etc.)
• Assisting with occasional projects related to the implementation of procedures or specific research related to the department's activities
• Assisting in monitoring risk activities and managing the database
• Supporting underwriting teams, including information requests from credit analysts located within Allianz Trade subsidiaries (50 countries)
• Conducting research on geopolitical and sectoral topics (commodities, banks, macroeconomics, infrastructure)

Thus, you will evolve in a stimulating international environment where you can expand your analytical skills and understanding of international trade (import/export, financial products, etc.).

Profile/Required Skills:

• Bachelor's +4/5 (equivalent to Master's level) in engineering and/or Business School, University - International Trade / Finance
• Strong proficiency in PowerPoint and Excel
• English is mandatory. Excellent written and spoken proficiency
• Excellent thinking, analytical, synthesis, and writing skills. Interest in geopolitics and financial analysis.
• Autonomy and curiosity
• Team spirit

Allianz Trade, leader sur le marché de l’assurance-crédit, s’appuie sur des technologies innovantes. Nous utilisons des outils fondés sur l’Intelligence artificielle (IA) et invitons les candidats disposant d’une compréhension de base des plateformes courantes, ainsi que d’une bonne sensibilisation aux bonnes pratiques et aux enjeux liés à l’IA en environnement professionnel, à nous rejoindre

106341 | Risk Management | Student | n.a. | Allianz Trade | Full-Time | Temporary

Based in Paris, Allianz Trade is the global leader in trade credit insurance and a recognized specialist in surety, debt collection, structured trade finance, and political risk. Operating in more than 40 countries, the company employs 5,800 people worldwide. In 2024, Allianz Trade generated €3.8 billion in revenue and protected €1.4 trillion in global business transactions.

Our values shape everything we do: authenticity, curiosity, trust, a solution-oriented mindset, and collaboration. These principles enable us to build lasting relationships, foster innovation, and drive collective performance.

Committed to creating an inclusive and sustainable workplace, Allianz Trade has received international recognition, including the Great Place to Work certification and the EcoVadis Gold Medal in 2025.