Allianz Investment Management (AIM) is Allianz Group's investment management division, which is responsible for managing the risk-return profile of our approx. EUR 700 billion is responsible for investment portfolios. Our global network with more than 500 employees is organised in over 60 countries in regional hubs in Munich/Stuttgart, Milan, Minneapolis, Paris and Singapore. We offer versatile career opportunities for outstanding investment talents. The team of AIM Life/Health Germany in Stuttgart is responsible for the portfolios of the German life and health insurance companies of Allianz. To develop our investment strategy and adapt it to the specific requirements of our portfolios, we work closely with colleagues in the global AIM network as well as internal and external asset managers. The main tasks include the further development of the cash flow model as well as of models and tools for analysis of asset liability position, the preparation of recommendations for strategic asset allocation (SAA) and the responsibility for calculating stress tests. This is a unique opportunity to become part of an investment team that manages a globally invested portfolio of over 300 billion euros – with numerous opportunities for further development.

Implementation of ALM analyses for German life/sickness units, derivation of recommendations for strategic asset allocation (SAA) and translation of SAA in capital market indices as benchmark for tactical asset allocation Development and maintenance of asset and investment strategy modules in the cash flow model of German life/sickness units Calculation of stress tests (BaFin, DAV, internal) Participation in the global exchange of knowledge and best practices within the Alliance Close cooperation with risk and actuary functions and IT providers

Master's degree in (financial) mathematics, economics, computer science, physics or other quantitative courses 3+ years of professional experience in an insurance company related to the advertised entity desired (e.g. in an actuary, ALM or risk function) Good knowledge of capital market instruments, finance, financial modelling, accounting; Interest in finance and investment IT and programming skills in Python, R or SQL Flowing language skills in German and English (written and oral) Team player, willingness to take responsibility, enthusiasm for work with data and programming

Our Buddy program, a welcome event and a structured onboarding will help you get started at AIM. Various training options help you stay relevant in your current position and adapt to the future requirements of your profession. An open and international working environment with a diverse and inclusive culture will inspire you in your working day. A working model with a balanced balance between home office and office work offers you the flexibility to customize your work. A company pension, health initiatives, sports offers and other local benefits allow you a positive work-life balance. JOBV1_EN