AIM Analyst / AIM Senior Analyst - ALM | Hybrid

Allianz Life; Minneapolis (MN); On-site; USD 56,000 - 113,000; Full time

Benefits offered by this job

Medical plan

Dental plan

Vision plan

401(k) match

Paid leave

Tuition reimbursement

Job summary

Allianz Life is seeking an Analyst or Senior Analyst for the ALM team in Minneapolis. You will support monthly regulatory ALM analyses, run ALM models, and automate workflows while collaborating with actuarial, portfolio management, and finance teams to deliver actionable insights to senior leadership.

You will deepen knowledge of life insurance liabilities, asset modeling, and portfolio management implications, owning key ALM run processes and driving improvements for scalable workflows.

Qualifications

• 2+ years of ALM or related function experience.
• Modelling experience, actuarial modelling familiarity preferred.
• Strong written and verbal communication to executive audiences.

Responsibilities

• Own and run recurring monthly regulatory ALM processes (e.g., PBR).
• Collaborate with actuarial, portfolio, and finance teams to analyze risks and provide insights.
• Develop and maintain financial and risk models and ad hoc analyses.
• Identify inefficiencies and lead automation initiatives for ALM analyses.
• Communicate insights across internal teams to support decisions.
• Leverage AI tools to enhance modeling and automation.

Skills

ALM experience

Modelling experience

Executive communication

Education

Bachelor's degree in a quantitative field

Job description

At Allianz Life, we are guided by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting equality in our communities.

What You Do

As an Analyst or Senior Analyst on the ALM team, you will be a key contributor supporting the management and analysis of the company’s assets and liabilities. Your role involves assisting with monthly regulatory analyses and quarterly ALM model runs, managing governance controls related to these key processes and helping to automate workflows. You will support strategic business initiatives by leveraging regulatory reporting activities in forward-looking ALM analyses that inform risk management and portfolio decisions.

This position offers an opportunity to deepen your knowledge of life insurance liability products, asset modeling, and portfolio management implications. You will own key “run” ALM processes becoming the expert in production as well as process maintenance and take steps towards process improvement. Your contributions will help the team shift toward more efficient, scalable, and integrated workflows to free capacity for deeper strategic insight.

You will report into the AIM VP – ALM.

Key Responsibilities

• Own and execute specific recurring monthly regulatory ALM processes, such as Principle-Based Reserving (PBR), including analysis, validation, and supporting the transition from manual to automated workflows.
• Collaborate with actuarial, portfolio management, and finance teams to analyze asset and liability risks—including interest rate, liquidity, credit risk, and capital—monitor key metrics like duration gaps and cash flow mismatches, and deliver actionable insights and reporting to senior leadership.
• Develop, maintain, and improve financial and risk models and ad hoc analysis to understand financial risks and outcomes, supporting actuarial functions ensuring compliance with regulatory and accounting standards.
• Identify process inefficiencies and lead initiatives to automate and enhance integration of regulatory and strategic ALM analyses.
• Communicate effectively across internal teams to align analysis, support decision-making, and foster collaborative problem-solving.
• Leverage artificial intelligence tools and emerging technologies to enhance modeling, analysis, and process automation.

What You Bring

• 2+ years required: experience within a life insurance or related financial services company focused on ALM or related functions.
• Modelling experience is critical and familiarity with actuarial modelling specifically is preferred.
• Demonstrated written and verbal communication skills to an executive audience.
• Four year degree required: Quantitative field including mathematics, engineering, economics, actuarial science or related.
• You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas.

Job Posting Range

AIM Analyst – $56,000 - $93,500

AIM Senior Analyst – $65,000 - $113,000

Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.

What We Offer

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer. For additional information regarding What It’s Like To Work Here | Allianz Life.

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. 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. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

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

Join us.

Let’s care for tomorrow.