About this role

About us/Who you will join:

130 years of trust, time to shape what's next. Allianz Group is one of the world's leading insurers and asset managers - built on over a century of stability, expertise, and financial strength. Allianz Services is where that legacy meets the future. 8,200+ people. Eight countries. Three continents. We deliver specialized services to clients within Allianz Group, powered by AI, advanced analytics, and a mindset that refuses to stand still. From core insurance operations to engineering and consulting services, we reimagine how insurance works. What truly sets us apart are our people and the trusted partnerships we build, anchored in our values of expertise, integrity, and empowerment. We don't support the business. We shape it. Allianz Consulting is where strategy becomes action. As the internal consulting unit of the Allianz Group, we partner with operating entities worldwide to drive transformation across digital, sustainability, and operational excellence - and here, you grow fast and take ownership early.

About the Insurance Steering Team:

The Insurance Steering Team supports senior Allianz leaders globally across Retail P&C and Commercial Insurance in linking strategy to execution. We combine deep insurance expertise with consulting excellence to steer complex transformation initiatives covering financial performance, claims, underwriting, operations, governance and digital solutions.
We work alongside senior executives and functional leaders to improve business performance, redesign operating models, strengthen steering and governance, and translate emerging technologies, including Generative AI, into practical and measurable business value.

Role Overview:

As a Principal Consultant, you will lead critical workstreams and selected projects across the insurance value chain. You will act as a trusted advisor to senior stakeholders, structure complex and ambiguous problems, and translate analysis into clear recommendations and executable transformation plans and solutions.
You will work closely with Engagement Managers while taking end-to-end responsibility for delivery quality, client relationships, team performance and measurable outcomes. Beyond project delivery, you will help shape propositions, identify follow-on opportunities, support pitches and proposals, and coach junior colleagues.

Key Responsibilities / You will get to:

• Lead complex insurance strategy and transformation engagements across underwriting, claims, performance steering, operations, governance, operating models and digital enablement.
• Own workstreams and selected projects from problem definition through analysis, recommendation, mobilisation and implementation, ensuring clear scope, milestones, risks, dependencies and benefits.
• Act as a trusted advisor to senior clients, translating complex insurance, financial, operational and technology topics into concise, decision-ready recommendations.
• Assess business performance and identify opportunities to improve profitability, customer outcomes, operational efficiency, controls and execution discipline.
• Design target operating models, governance structures, decision rights, KPI frameworks and transformation roadmaps that link strategic ambition to practical delivery.
• Apply AI and advanced analytics to insurance use cases, helping clients identify, prioritise and implement responsible solutions with clear value, governance and adoption requirements.
• Manage client relationships proactively, maintain transparency on progress and risks, and anticipate issues before they escalate.
• Contribute to business development by shaping propositions, preparing pitches and proposals, identifying emerging client needs and supporting key account development.
• Coach and mentor consultants and senior consultants, providing feedback, quality assurance and day-to-day guidance while fostering an inclusive, high-performance culture.
• Develop thought leadership, methods, reusable assets and market perspectives that strengthen the Insurance Steering Team and Allianz Consulting more broadly.
• Support recruiting, onboarding, knowledge sharing and internal capability-building activities.

Key Requirements / What we hope you bring

• University degree in business administration, economics, finance, insurance, law, mathematics, engineering, information technology or an equivalent discipline. Masters Degree or MBA an advantage.
• At least seven years of relevant consulting, insurance business, transformation or project leadership experience, ideally within P&C or Commercial Insurance.
• Deep expertise in at least one relevant area such as underwriting, claims, performance steering, insurance operations, operating model design, digital transformation, data or AI.
• Proven ability to lead workstreams or projects, manage senior stakeholders and deliver high-quality outcomes in complex, international environments.
• Strong analytical and conceptual problem-solving skills, combined with implementation discipline and a pragmatic, outcome-oriented approach.
• Experience developing executive-level presentations, decision papers, business cases, transformation roadmaps and management recommendations.
• Demonstrated capability in client relationship management, facilitation, conflict resolution and influencing without formal authority.
• Experience coaching and developing colleagues and providing effective review and quality assurance.
• Commercial and entrepreneurial mindset, with experience contributing to pitches, proposals, propositions or follow-on opportunities.
• Strong understanding of AI frameworks and tools, with the ability to advise clients on responsible adoption and business transformation.
• Fluency in written and spoken English; (ideally) German and additional language capabilities are an advantage.
• Willingness to travel internationally as required by client engagements.

Nice to have:

• Experience working within the Allianz Group or another international insurer.
• Recognised project, change, agile, insurance, data or AI-related qualifications.
• Experience with process-mining, data-visualisation, workflow automation or enterprise transformation tools.
• An international professional background and experience working across operating entities, functions or geographies.
• A strong network across insurance, technology or transformation communities.

What We Offer:

• The opportunity to shape high-priority insurance topics in one of the world's leading insurance and asset management groups.
• A global consulting environment with direct exposure to senior leadership and strategic decision-making.
• Meaningful responsibility for client delivery, proposition development, team leadership and business growth.
• Career development through structured growth paths, mentoring, feedback and international mobility.
• A diverse, inclusive and collaborative culture that values individuality, integrity, performance and trust.
• The opportunity to combine deep insurance expertise with digital, data and AI-enabled transformation.

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.We are united by a shared commitment: to put our customers first and at the center of everything we do. Their needs inspire our thinking and guide our actions.Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for 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. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.We therefore welcome applications regardless of ethnicity or cultural Internal 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.