AIM Venture Associate @ Allianz Life in Minneapolis, MN

VC Stack; Minneapolis (MN); On-site; USD 66,000 - 131,000; Full time

Benefits offered by this job

Comprehensive medical, dental, and vision plans

Health savings account

Tuition reimbursement

403(b) retirement plan with company match

Annual paid leave

Job summary

VC Stack is seeking an adept professional to assist in analyzing and recommending new strategic venture investment opportunities. The role involves coordinating financial due diligence, conducting portfolio analysis, and providing market insights within the Fintech/Insurtech sectors.

The ideal candidate should possess over 4 years of relevant experience along with a four-year degree in Finance or related fields. VC Stack offers a comprehensive benefits package and a progressive work environment that values diversity and promotes an inclusive culture.

Qualifications

• 4+ years of relevant insurance or financial services experience.
• Deep know-how in early-stage fintech investing and business development.
• Strong leadership and excellent verbal and written communication skills.

Responsibilities

• Assist in analyzing and recommending new strategic Ventures investment opportunities.
• Coordinate all facets of financial due diligence process.
• Conduct portfolio analysis of Allianz Life Ventures portfolio.
• Help provide market updates on emerging trends within Fintech/Insurtech.

Skills

Leadership skills

Verbal communication

Written communication

Market analysis

Financial due diligence

Education

Bachelor's degree in Accounting, Finance, Mathematics, Economics

Job description

What you do

Assist the Ventures team in analyzing and recommending new strategic Ventures investment opportunities. Primary responsibilities include identifying scope and size of new venture opportunities within focus industries; conduct financial due diligence of targets that seek venture capital funding including understanding of business model, total addressable market, competitive positioning, revenue streams, expenses, earnings, working capital and overall quality of financial information; financial model development and stress testing; support market and competitor analysis; coordination of due diligence process; interview target firms’ executives; and overall valuation analysis. You will also support analysis, reporting, and monitoring of overall long term Venture portfolio performance. You will report to the AIM VP – Ventures.

• Top of the funnel deal sourcing and evaluation: Coordinate all facets of financial due diligence process related to strategic Venture investment opportunities. Includes In-depth review and analysis of identified markets and target companies, financial analysis, and valuation analysis. Work with other departments within Allianz Life and target companies and consultants, investment banks, venture capital and private equity firms.
• Conduct portfolio analysis of Allianz Life Ventures portfolio: Support in reporting financial health of AZL Ventures portfolio to the Steering Committee and other important partners.
• Market research and analysis: Help provide market updates on emerging trends within the Fintech/Insurtech landscape to help guide future strategic direction of AZL Ventures program.
• Utilize artificial intelligence tools and resources (e.g. generative AI).

What you bring

• 4+ years of experience: Relevant insurance or financial services experience; deep know-how, analysis and experience in early stage fintech investing and business development. Strong leadership and excellent verbal and written communication skills (story-telling ability with market and portfolio data).
• Four-year degree required: Accounting, Finance, Mathematics, Economics or related technical field.
• You must be legally authorized to work in the U.S. and will not require immigration sponsorship for visa status now or in the future (e.g. H1-B, L-1, TN, etc). If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship.

Base Salary Range: $66,000 – $131,000

Actual base salary may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program.

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, health savings account, tuition reimbursement, student loan retirement plan, 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 welcomes, includes and celebrates diversity. Our great benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re recognized as a top workplace employer.

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.