Financial Risk Analyst | Hybrid

Allianz; Minneapolis (MN); On-site; USD 57,000 - 114,000; Full time

Benefits offered by this job

Medical plan

Dental plan

Vision plan

401(k) match

Tuition reimbursement

Job summary

Allianz is hiring a Financial Risk Analyst to join Corporate Risk Management in Minneapolis. The role focuses on financial risk management and capital management, collaborating with finance, investments, actuarial, and accounting teams to quantify and influence risk-related decisions.

The candidate will build models in C# or Macro-enabled Excel, analyze liquidity and hedge efficiency, and support financial reporting and regulatory requests. US work authorization is required.

Qualifications

• 2 years’ experience required.
• Four-year degree in Math, Computer Science, Quantitative Finance/Economics, Statistics or related field.
• Advanced experience with Excel, SQL, and object-oriented programming (C#).
• U.S. work authorization without sponsorship now or in the future.

Responsibilities

• Build new or modify existing asset and liability valuation models in C# or Macro-enabled Excel spreadsheets.
• Support business risk forecasting, valuation, financial reporting and analyses.
• Assist in liquidity assessment, hedge efficiency and investment management activities.
• Prepare financial reports, memorandums and analyses for external auditors, regulators, and rating agencies.
• Communicate financial risk results to cross-functional teams and stakeholders.
• Assist with training and direction of entry-level risk analysts.
• Utilize AI tools and resources where appropriate.

Skills

Excel

SQL

C#

Object-oriented programming

Education

Four-year degree in Math, Computer Science, Quantitative Finance/Economics, Statistics or related field

Tools

Macro-enabled Excel

Job description

The Financial Risk Analyst is a member of the Corporate Risk Management organization providing mathematical and technical support in the risk management of insurance products. This role works as a member of the team under general direction with a focus on financial risk management and capital management. This role will also work in collaboration with experts across the company including finance, investments, actuarial, and accounting to quantify, analyze and influence decisions on financial risk and capital.

What you do:

• Supports completion of projects including:

• Building new or modifying existing asset and liability valuation models in C# or Macro-enabled Excel spreadsheets

• Business risk and related forecasts

• Valuation, financial reporting, and analyses

• Support investment management functions, including:

• Understanding and analysis of hedge efficiency

• Liquidity assessment and management

• Financial risk reporting

• Assist in preparation of financial reports, memorandums, and other required analyses including:

• Requests from external auditors, state regulators, and rating agencies

• Communicates financial risk results to cross-functional areas including:

• Business unit and other Support unit personnel

• Other stakeholders

• Assist, performs, or reviews financial risk research

• Assist with training and direction of other entry-level risk analysts

• Utilize artificial intelligence tools and resources (e.g., generative AI).

What you bring:

• 2 years’ experience required
• Four-year degree in Math, Computer Science, Quantitative Finance/Economics, Statistics or related field required
• Advanced experience with Excel, SQL, and object-oriented programming (C#)
• Candidates 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.

Range: $57,000 -$114,000

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:

• 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 welcomes, includes and celebrates diversity.

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. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us. Let’s care for tomorrow.