Allianz Life Insurance

Principal Consultant

Allianz Life Insurance • $110K — $140K *
Minneapolis, MN 55407In-Person
Finance & Insurance
5 - 7 years of experience
Reposted 2 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent work experience
  • 5+ years in consulting, corporate strategy, or operations focused on Property & Casualty or Specialty Insurance
  • Solid product and market knowledge in P&C insurance
  • Professional insurance qualifications or experience in portfolio solutions and regulation is a plus
  • Strong analytical and problem-solving skills
  • Proven ability to deliver client value and generate consulting revenue
  • Excellent communication skills, both written and verbal

Responsibilities

  • Lead strategic growth initiatives and transformation projects for Commercial insurance
  • Develop and implement business architecture models specific to Life insurance
  • Create distribution strategies for Commercial insurance
  • Oversee AI tool implementations within Commercial Underwriting
  • Collaborate with stakeholders to support complex project management

Benefits

  • Hybrid work model emphasizing work-life balance
  • Comprehensive health insurance and a company bonus scheme
  • 401(K) plan with company matching
  • Paid time off including holidays and volunteer days
  • Tuition reimbursement and paid parental leave
  • Employee shares program and discounts
  • Opportunities for career development and international mobility
Full Job Description
What you do

Recent Engagement Examples:
  • Global Pricing Tool Usage Program for Commercial Insurance
  • Centralized Escalation Protocol Transformation for Life & Annuities
  • IT Organizational Change Management Program
  • Distribution Strategy Initiative for Commercial Insurance
  • Enterprise Cross-Functional Customer Experience Roadmap and Strategy for Life & Annuities


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 Life and Commercial Insurance
  • Process Engineering (ex. Lean, Six Sigma) to achieve efficiency and effectiveness targets
  • Business Architecture to align strategies and tactics for goal realization
  • Delivery of Customer / Persona Experience for multi-personas to deliver differentiated experiences
  • Journey mapping / model creation design
  • Organizational Change Management (OCM) for adoption of transformational investments
  • Value Chain Expertise
  • Training
  • Dashboards
  • Solid Life and Annuityinsurance 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 Visio, 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 Life Insurance

Allianz Life Insurance Company of North America is a leading provider of retirement solutions, including fixed and variable annuities and life insurance for individuals. The company is part of Allianz SE, a global financial services company that is headquartered in Munich, Germany. Allianz Life Insurance Company of North America was founded in 1896 and has been providing financial protection and retirement solutions to Americans for over 125 years. The company has a strong commitment to corporate responsibility and sustainability, and has been recognized for its efforts in these areas. Allianz Life Insurance Company of North America is a subsidiary of Allianz Life Insurance Company of New York, which is a wholly owned subsidiary of Allianz SE.
Learn more about Allianz Life Insurance
Size
142,460 employees
Industry
Finance & Insurance
Founded
1890
NASDAQ
AZSEY
* Ladders Estimates

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