Job Description

Allianz was founded in 1890 and it is a global financial services provider with services predominantly in the insurance and asset management. We are one of the most trusted insurance and asset management companies in the world, with over 100 million retail and corporate clients in more than 70 countries, and employs over 150,000 employees worldwide. Caring for our employees, their ambitions, challenges and dreams, 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.

Allianz Re is the Group\'s reinsurance vehicle that actively manages risk and capital. Our range of activities includes reinsurance capital management, run-off management, cat risk management, risk data analytics and new business development. The strong combination of skills, experience, innovative mindset and capacity drives our mission of understanding risk and creating value.

For Allianz SE Reinsurance Branch Asia Pacific, we are looking for motivated fresh graduates to undertake several different projects and placements under the Allianz Re Management Programme, with a strong focus in the Finance area. The Management Programme equips you with the fundamental knowledge of reinsurance and prepares you to be a future leader in the industry. You will work with a supportive and diverse group of people who will help you realize your ideas and reach your potential. You will also be given the opportunity to participate in a number of personal development activities.

Allianz is an equal opportunity employer. We are committed to employment equity and therefore welcome all applications regardless of gender, race or ethnicity, age, nationality, religion, disability, sexual orientation, or philosophy of life.

About the Program

During the 2-years program, you are expected to complete several placements in key departments - Finance (Reinsurance Accounting, Financial Reporting, Risk, Controlling and L&H Actuarial), Underwriting (Property & Casualty, Agriculture, Life & Health), and Client Management. You will be working in a dynamic international environment with opportunity for regular exchanges with colleagues in Munich and other Allianz Re locations. Furthermore, there will be a chance for an international job rotation with the Munich team for several months.

Finance (18 months)

The Finance Department is a very important part of the value chain, with multiple components ranging from Accounting, Reserving, Planning & Controlling to Financial Reporting and Risk. You will learn how posting payment flows and how having the right figures for reporting and disclosure are of essential importance for every company. The opportunity to work with our Reinsurance Accounting department and Financial Reporting & Treasury team will give you insights to the multitude of financial expertise and processes. You will be trained to understand the financial, operational, and business risks that a reinsurance company has. Alternatively, you could also spend time with the Reserving and Controlling functions. Being an integral part of the Finance team and will let you experience the innovation, digitalization, and other topics that Finance is currently facing such as implementation of new accounting standards for insurance IFRS 17, automation and simplification of accounting workflows or modelling and disclosure of emerging risks such as climate change etc.

Underwriting & Client Management (6 months)

As a company that takes pride in technical excellence, underwriting is one of the key foundations of Allianz SE Reinsurance. You will learn how reinsurance treaties are underwritten by accessing the risk of original policies, drawing up and analysing contractual texts in agreement before sign-off, developing strategies on providing better reinsurance services and solutions to our customers, and calculating prices for reinsurance coverage. Working with the client management team will teach you how to manage the overall business relationships with clients and brokers, access our clients\' individual risk situation, produce tailor-made solutions based on the specific challenges involved, as well as develop strategy for the Asia Pacific region. You will be trained to be the \xe2\x80\x9cface\xe2\x80\x9d of the company to the reinsurance marketplace and get the opportunity to work with various expert teams of Allianz Re.

What We Offer

• Career Development
• Diverse Workplace
• Flexible Work Arrangements
• Great Colleagues
• International Exposure
• Task Diversity

Who Should Apply?

We are looking for fresh graduates who are eager to learn, enthusiastic, able to adapt in an ever-changing environment, and equipped with strong communication and analytical skills. You will need to be independent, ready to take up challenges in your daily work, and to build a career in one of the world\'s leading insurance companies. Application documents can include CV, certificates, references and motivation letters.

Key Qualifications

• Expected to graduate with a Bachelor\'s Degree or Master\'s Degree within the next year in a related field, e.g. Business Administration, Finance, Economics, Mathematics, Statistics, etc.
• A strong desire to learn the ropes in preparation for a career in the reinsurance industry.
• Proactive, independent, reliable and self-motivated.
• Resilient, adaptable and comfortable in working under pressure and uncertainty.
• Proven intellectual and analytical ability, as demonstrated by an outstanding academic track record or similar achievement.
• Demonstrated adaptability, initiative and leadership qualities, e.g. co-curricular activities, previous internships, military service, etc.
• Culturally savvy with broad international exposure, ideally from an experience aboard, e.g. exchange semester, overseas internship experience or similar.
• Open for international exchange and mobile.
• Very strong knowledge of MS Office (Word, PowerPoint, Excel).
• Experience using statistical computer languages, packages and business intelligence tools to manipulate and prepare data is a plus.
• Strong problem-solving abilities, including demonstrated tenacity at mining data to discover root causes of results is a plus.
• Knowledge or prior experience in an insurance-related company is advantageous, but not mandatory.
• Fluency in English is mandatory, other Asian languages considered a plus.
• Must be enrolled in a local university or hold the necessary documents to work in Singapore.

32779 | Finance & Accounting | Entry Level | Allianz Reinsurance | Full-Time | Temporary

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.

Allianz