Summer 2027 AIM Hedging Research Analyst Internship | Fully Onsite

Allianz Life; Minneapolis (MN); On-site; USD 43,367,000 - 48,492,000; Full time

Job summary

Allianz Life is seeking a Hedging Research Intern Analyst to join our quantitative finance team in Minneapolis. You will work with quants, portfolio managers, software developers, researchers and traders on derivatives hedging, risk modeling, and AI-enabled research.

Ideal candidates are pursuing a PhD in mathematics, physics, computer science, economics, or engineering with strong modeling and software skills (C#).

Qualifications

• Progress towards, or completion of, a PhD in mathematics, physics, computer science, economics, engineering, or a related field.
• Strong technical skills in mathematical modeling, reading papers, writing software for research purposes.
• The right candidate will possess an outstanding record of academic achievement and an interest in the financial markets.
• 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.

Responsibilities

• Research Analyst Interns will support the dynamic hedge trading desk while expanding their technical skills, programming abilities, and knowledge of financial math.
• Research, develop, and modify quantitative models for derivatives hedging.
• Implement quantitative models in C#.

Skills

PhD in mathematics, physics, computer

Strong technical skills in modeling

Interest in financial markets

Education

PhD in a related field

Tools

C# programming

AI tools (generative AI)

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 societal equity.

The Hedging Research Intern Analyst position is a rewarding experience for those pursuing a PhD in a variety of technical fields.

During the program, Hedging Research Intern Analysts will work alongside our team of quants, portfolio managers, software developers, researchers, and traders to assess and mitigate the market risks for Allianz Life and other clients across the globe.

What You Do

• Research Analyst Interns will support the dynamic hedge trading desk while expanding their technical skills, programming abilities, and knowledge of financial math.
• Research, develop, and modify quantitative models for derivatives hedging.
• Implement quantitative models in C#
• Utilization of artificial intelligence tools and resources (e.g. generative AI).

What You Bring

• Progress towards, or completion of, a PhD in mathematics, physics, computer science, economics, engineering, or a related field.
• Strong technical skills in mathematical modeling, reading papers, writing software for research purposes.
• The right candidate will possess an outstanding record of academic achievement and an interest in the financial markets.
• 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 $31/hr – $35/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.

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, 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 is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer. For additional information regarding What It’s Like To Work Here | Allianz Life.

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 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.

Join us. Let’s care for tomorrow.