The English-language job board for Spain

Risk and Solvency Specialist II

Remote, Madrid·Full-time·Added 23 days ago (last checked 12 Oct)

Allianz

195 open roles

Overview

Work mode
Remote (Madrid)
Contract
Permanent contract, full-time hours
Experience
3+ years
Education
University degree
Benefits
Gym access

Visa options

  • The ad doesn’t mention sponsorship

    Not a refusal, but not a yes. Worth asking in your first message.

Find jobs with visa support

Skills

Nice to have

This job advert was originally written in Spanish.

Requirements

What we're looking for

  • Studies in Actuarial Sciences, Economics, Business Administration or similar.
  • Between 3 and 5 years of experience in Risk, Actuarial, Solvency II, or related consulting areas.
  • Good understanding of the Solvency II regulatory framework and its regulations.
  • Good proficiency in ChatGPT and Copilot

Nice to have

  • Postgraduate studies such as CFA, FRM, or CERA will be valued.

Languages

101719 | Risk management | Professional / Senior | Non-Executive | Allianz Spain | Full-time | Permanent

Pay & benefits

What you'll get

Being part of the Allianz family gives you access to benefits designed for your well-being, balance, and development:

  • Exclusive discounts just for being part of the team.
  • Possibility of contracting insurance at special prices for you and your family.
  • Preferential conditions to invest in Allianz shares.
  • Integral well-being: meal and teleworking compensation, high-quality menus in BCN and MAD, sports clubs, and our Allianz Olympics every 4 years.
  • Total flexibility! Time organization with flexible scheduling.
  • Work in a hybrid model and offices designed to collaborate and feel good.
  • Access to our internal Copilot and advanced digital tools.
  • Continuous training and the You Learn, We Pay program to boost your development.
  • Wellhub, our app for your physical and mental well-being.
  • Free fruit and snacks in the office.
  • Possibility of working from abroad 25 days a year.
  • Additional benefits for employees with disabilities and support in managing the certificate. If you certify a disability, you will receive €1,500 in your first paycheck.

If you are looking for an opportunity to grow, feel valued, and work in an environment that balances professional and personal life, Allianz is for you.

The role

BBVA Allianz is a dynamic company in continuous transformation where your opinion matters and where you are part of and a protagonist of the change. We listen to and value new ideas aligned with our purpose, which drive us to continue being the #EmployerOfChoice #4all.

Would you like to work in your dream company?
With your talent, you can help us make your dream a reality!
Do you dare to accept the challenge?

Join the Risk / Solvency II team, where you will be able to develop key functions in quantitative analysis, capital management, and the company's regulatory compliance.

What you'll do


What will you do at BBVA Allianz?

  • You will participate in the team responsible for the quarterly calculation of the solvency capital.
  • You will prepare solvency projections (business plan, forecast, stress testing).
  • You will support the development and maintenance of the processes, controls, and tools used for the calculation of solvency capital.
  • You will contribute to the preparation and evolution of Capital management metrics, following Group standards.
  • You will coordinate the preparation of the ORSA Report, including qualitative and quantitative analysis.
  • You will participate in the preparation of regulatory documentation and reports associated with Solvency II.
  • You will update and perform the maintenance of the company's Risk Map.
  • You will collaborate in the design and update of risk management policies, procedures, and frameworks within your area of responsibility.


What does BBVA Allianz need from you?

Skills

  • Strong analytical skills and attention to detail.
  • Critical, structured, and rigor-oriented thinking.
  • Clear communication and skills to work with cross-functional teams.
  • Proactivity, curiosity, and an orientation toward continuous learning.


What does BBVA Allianz offer you?

Hiring process

1 interview

  • Recruiters usually contact you within two weeks of applying.
  • Interviews assess professional skills, potential and soft skills for culture fit.
  • Recruiter contact within two weeks of applying.

About Allianz

Allianz is a global financial services giant and one of the world's largest insurers, offering a wide range of insurance and asset management products to individuals and businesses. With over 150,000 employees and operations in more than 70 countries, Allianz is a category-defining leader in the insurance industry, known for its strong brand and financial stability.

In Spain, Allianz operates through several entities, including Allianz Seguros, Allianz Direct, and a joint venture with BBVA, with offices in Madrid and Barcelona. The company is a major employer in the Spanish insurance market, offering roles in areas such as underwriting, claims, IT, data, AI, and cybersecurity. For international professionals, Allianz Spain provides opportunities to work in a multicultural environment, with many roles requiring English or German, and offers competitive benefits and career development programs.

Industry
Insurance
Founded
1890
Employees
100,000+
Headquarters
Munich, Germany
In Spain
Madrid, Barcelona

Good to know if you are moving

  • Allianz Spain has offices in Madrid and Barcelona, with a significant IT and digital hub in Barcelona.
  • Many roles in Spain require German or English, making it accessible for international professionals.
  • Allianz is known for its strong focus on digital transformation, with many opportunities in AI, cloud, and cybersecurity.
  • The company offers competitive relocation support and international career mobility within the Allianz group.
  • Allianz has a joint venture with BBVA in Spain, creating a unique bancassurance environment.

In their own words

About the company & team

We are united by a shared commitment: putting 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 champion unity: we believe that a united world is a more prosperous world, and we are dedicated to constantly advocating equal opportunities for everyone. The foundation of this is our inclusive workplace, where people and performance matter, and where integrity, fairness, inclusion, and trust are at the heart of our culture.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability, or sexual orientation, or any other characteristic protected under applicable local laws and regulations.

We are delighted to have you on board. Let's care for tomorrow.

Additional information

The Allianz Group is one of the world's most trusted insurance and asset management companies. Caring for our employees, their ambitions, dreams, and challenges is what makes us a unique employer.

All open roles at Allianz
WhatsApp
Remote, BarcelonaNo Spanish needed

AI Platform Engineer

Allianz6d ago2 openings
Remote, BarcelonaNo Spanish needed

Forward Deployed Engineer

Allianz6d ago2 openings
Remote, BarcelonaNo Spanish needed
Remote, BarcelonaNo Spanish needed

Auditor

Allianz6d ago
Remote, BarcelonaNo Spanish needed

Transport Underwriting

Allianz3d ago
Remote, MadridNo Spanish needed

Midcorp Corporate Underwriter

Allianz6d ago2 locations
Remote, BilbaoNo Spanish needed

Security Intelligence Analyst

Allianz6d ago2 openings
Remote, BarcelonaNo Spanish needed
Remote, BarcelonaNo Spanish needed
Remote, BarcelonaNo Spanish needed

Corporate Actuary

Allianz1w ago
MadridNo Spanish needed
See all 195 jobs