AIM Analyst- ALM | Hybrid

Allianz; Minneapolis (MN); On-site; USD 75,000 - 95,000; Full time

Job summary

Allianz US Life in Minneapolis seeks an Analyst on the ALM team to support monthly regulatory analyses, quarterly ALM model runs, governance controls, and to help automate workflows across teams for more efficient risk reporting.

You will deepen your knowledge of life insurance liability products and asset modeling, own key ALM processes, and collaborate with actuarial, portfolio management and finance to produce actionable insights for senior leadership and strategic initiatives.

Qualifications

• 1+ years of ALM or related financial services experience in life insurance.
• Modelling experience; familiarity with actuarial modelling preferred.
• Demonstrated written and verbal communication skills suitable for an executive audience.
• Four year degree in a quantitative field.

Responsibilities

• Own and execute recurring monthly regulatory ALM processes, such as PBR, including analysis, validation, and automation transition.
• Collaborate with actuarial, portfolio management, and finance teams to analyze asset and liability risks and deliver insights to senior leadership.
• Develop, maintain, and improve financial and risk models and ad hoc analyses to understand financial risks and outcomes.
• Identify inefficiencies and lead automation initiatives to integrate regulatory and strategic ALM analyses.
• Communicate effectively across internal teams to align analysis and support decision-making.
• Leverage AI tools and emerging technologies to enhance modeling and process automation.

Skills

Analytical thinking

Communication to exec audience

Education

Bachelor's degree in quantitative field

Job description

Hiring Manager: Kennedy Minea

Pay Band: I-1

Employee Referral Information: Employee Referrals should be sent via email to the assigned recruiter for the role. Please include the job title, job ID, and the referral's resume. Referrals must be position-specific or no referral award will be given.

Internal Background Check Information: Allianz Life requires a criminal background check, credit check, and/or social media check as needed for all positions requiring securities registrations, officer level and above positions, and positions included in the Allianz Group Fit and Proper Policy.

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.

100321 | Asset & Investment Management | Professional | Non-Executive | Allianz US Life | Full-Time | Permanent