Summer 2027 AIM Asset Liability Management Internship | Fully Onsite

Allianz Life; Minneapolis (MN); On-site; USD 34,000 - 40,000; Full time

Job summary

Allianz Life in Minneapolis, MN invites an ALM Analyst Internship to develop tools and analyses that drive asset-liability management decisions. You'll work with actuarial and investment teams to translate model results into actionable strategies and gain exposure to multiple departments.

The role emphasizes coding, data analysis, and communication, with opportunities to use AI tools and contribute to regulatory and audit inquiries.

Qualifications

• Superior communication, programming and math skills.
• Experience using Excel, VBA and/or other programming languages.
• Robust data analysis skills for evaluation and interpretation of ALM metrics and trends.
• Leadership experience is a plus.
• Pursuing an undergraduate or graduate degree in mathematics, finance, economics, computer science, actuarial science, engineering, or related technical field.
• You must be legally authorized to work in the U.S. without sponsorship now or in the future.

Responsibilities

• Develop ALM tools and analysis to drive business impacts
• Utilize your technical skills and programming expertise to enhance ALM processes and drive efficiency improvements.
• Take charge of fundamental ALM processes and analyses to maximize asset selection for targeted liability business lines.
• Assist in responding to inquiries from external auditors, state regulators, and rating agencies to uphold transparency and compliance standards.
• Utilization of artificial intelligence tools and resources (e.g. generative AI).

Skills

Superior communication

Programming skills

Math skills

Leadership experience

Education

Undergrad/grad in mathematics, finance, economics, CS, actuarial science, engineering or related technical field

Tools

Excel

VBA

Other programming languages

Job description

At Allianz Life, we are driven 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.

The ALM Analyst Internship will not only give you exposure to traditional actuarial topics but also provide a strategic investment perspective as you work with our liability-driven investment portfolio. Collaborating closely with our talented actuarial and investment teams, you'll gain invaluable insights into translating ALM model results into actionable strategies. With exposure to multiple departments, this role will allow you to broaden your understanding of different facets within the organization.

What You Do

• Develop ALM tools and analysis to drive business impacts
• Utilize your technical skills and programming expertise to enhance ALM processes and drive efficiency improvements.
• Take charge of fundamental ALM processes and analyses to maximize asset selection for targeted liability business lines.
• Assist in responding to inquiries from external auditors, state regulators, and rating agencies to uphold transparency and compliance standards.
• Utilization of artificial intelligence tools and resources (e.g. generative AI).

What You Bring

• Superior communication, programming and math skills
• Experience using Excel, VBA and/or other programming languages
• Robust data analysis skills for evaluation and interpretation of ALM metrics and trends.
• Leadership experience is a plus
• Pursuing an undergraduate or graduate degree in mathematics, finance, economics, computer science, actuarial science, engineering, or related technical field.
• 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, H-4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas.

Job posting range $25/hr - $29/hr

Note the job posting range is exclusive of company benefits or other compensation. 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.

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.

Let's care for tomorrow.