AIM Analyst- ALM | Hybrid

Allianz Life; Minneapolis (MN); On-site; USD 56,000 - 93,500; Full time

Benefits offered by this job

Comprehensive medical, dental and vision plans

Tuition reimbursement

401(k) company match

Job summary

Allianz Life is looking for an ALM Analyst in Minneapolis, Minnesota, who will manage regulatory analyses and enhance ALM processes. The role requires at least one year of experience in life insurance and a degree in a quantitative field.

Key responsibilities include executing monthly regulatory processes, collaborating with internal teams on financial risks, and applying modeling skills to improve workflows. The position offers a competitive salary range of $56,000 – $93,500.

Comprehensive benefits include medical plans, tuition reimbursement, and a strong 401(k) match.

Qualifications

• Minimum 1 year experience in life insurance or financial services.
• Experience with actuarial modeling preferred.
• Strong communication skills with executives.

Responsibilities

• Execute monthly regulatory ALM processes like PBR.
• Collaborate to analyze asset and liability risks.
• Develop and improve financial models.

Skills

ALM experience

Modelling experience

Communication skills

Education

Bachelor's degree in quantitative field

Job description

What You Do

As an 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 Include

• 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

• 1+ 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. 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.

What We Offer

We offer a variety of benefits, including 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. Employees also enjoy a campus with discounted amenities such as an onsite health center, child development center, fitness facility, convenience store and two cafeterias.

Equal Employment Opportunity

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.