Principal Consultant

Consulting Position at Allianz Technology

Allianz Consulting is the internal consulting division of the Allianz Group. Functionally within the US, Allianz Consulting is part of Allianz Technology of America. Based in Munich, Paris, Milan, Trivandrum, Pune, Singapore, Barcelona, Minneapolis and New York, our dedicated global teams of over 600 consultants share a joint vision: to be the consulting partner of choice for Allianz Group core segments, transforming the future of Allianz from within. We bring deep industrial and functional expertise to fulfill our clients' needs, ranging from strategy, market management, sales and distribution, IT, organization, claims and operations to central functions.

Allianz Consulting operates within a global-local framework, leveraging knowledge and expertise from within Allianz around the globe to provide exceptional service and value to our clients. Joining Allianz Consulting North America, consultants are offered an intellectually challenging opportunity to deliver tangible value to clients while also providing a strong support structure to further advance career development.

What You Do

Recent Engagement Examples:

• Transaction office for a large M&A project
• Strategic growth and transformation for Commercial insurance
• Creation of business architecture model for Life insurance
• Distribution strategy for Commercial insurance
• AI tool implementation in Commercial Underwriting

What You Bring

Allianz Consulting seeks candidates with a sense of curiosity and ambition who can excel through collaboration. The ideal candidate will have the following attributes:

• Bachelor's degree, or equivalent work experience
• 5+ years of consulting, corporate strategy or operational experience with an emphasis on Property & Casualty and/or Specialty Insurance
• Solid P&C insurance product and market knowledge and experience with key business processes
• Completion of a professional insurance qualification or previous experience working on portfolio solutions, wholesale insurance, E&S, Commercial Underwriting or insurance regulation a plus
• Strong analytical and conceptual skills to solve complex problems and challenges
• A track record of delivering tangible value to clients as well as generating revenue for consulting services
• Business finance skills, e.g., standard financial modelling, business case development
• Program / project management experience, leading teams and working with multiple stakeholders and dependencies
• Exhibits accountability and sense of urgency to help our clients to achieve their goals
• Ability to teach and mentor colleagues and help develop junior staff
• Embrace and apply data-driven methodologies to problem solving
• Outstanding communications skills: Writing, producing, and presenting deliverables
• Demonstrable proficiency with MS Office, especially Excel, Word, CoPilot, and PowerPoint. Salesforce, PowerBI and Underwriting (AI) solutions are a plus

Locations

• Hybrid 3 days/week in Golden Valley, MN

What We Offer

• We offer a hybrid work model which recognizes the value of striking a balance between in-person collaboration and remote working
• We believe in rewarding performance and our compensation and benefits package includes health insurance, company bonus scheme, 401(K) with company match, company paid holidays, paid time off, paid volunteer days, tuition reimbursement, paid parental leave, an employee shares program and employee discounts. From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
• The annualized base pay range for this role is $110,000-140,000. The annual base salary range represents a nationwide market range. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role, and the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the ATA total compensation package. As part of our comprehensive compensation and highly rated benefits programs, ATA also offers eligibility for an incentive-based annual bonus.

About Allianz Technology

Allianz Technology is the global IT service provider for Allianz and delivers IT solutions that drive the digitalization of the Group. With more than 12,000 employees located in 51 countries around the globe, Allianz Technology works together with other Allianz entities in pioneering the digitalization of the financial services industry.

We oversee the full digitalization spectrum from one of the industry's largest IT infrastructure projects that includes data centers, networking and security, to application platforms that span from workplace services to digital interaction. In short, we deliver full-scale, end-to-end IT solutions for Allianz in the digital age.

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.