Allianz is a global leader in insurance and asset management, serving over 122 million customers in more than 70 countries. As one of the world's largest financial services providers, the company operates across diverse sectors including property-casualty insurance, life and health insurance, and asset management through major brands like PIMCO and Allianz Global Investors. In Spain, Allianz maintains a robust presence with major hubs in Madrid and Barcelona, supporting both local market operations and global service centers like Allianz Technology. The company is a significant employer for international professionals, particularly in tech-heavy roles such as AI, cybersecurity, and SAP engineering, offering a multicultural environment where English is often the primary working language for global functions.

Founded in Berlin in 1890, Allianz moved its headquarters to Munich after WWII. It has grown through international expansion and strategic acquisitions to become one of the most valuable insurance brands in the world.

Internship Pricing & Analytics

Allianz

Original Advert

We are looking for a Pricing & Data Intern to join our team and support the Line of Business through data‑driven analysis and pricing activities. This internship offers a unique opportunity to gain hands‑on experience at the intersection of pricing, data analytics and underwriting, working closely with multiple functions in a dynamic, international environment.

You will contribute directly to technical and commercial decision‑making by transforming data into insights that support portfolio performance, product innovation and technical excellence.

What you do

As a Pricing & Data Intern, you will provide analytical and pricing support to the business, collaborating with pricing, product and underwriting teams. Your key responsibilities include:

Carrying out regular and ad‑hoc performance analyses in line with business needs.
Conducting frequency and severity analyses for selected accounts.
Performing forecasts of technical performance for large accounts and portfolios.
Defining data requirements and supporting data collection processes.
Identifying key pricing factors for Line of Business products.
Developing and updating pricing models across products.
Supporting technical excellence during the implementation and use of pricing tools.
Working closely with product and underwriting teams on existing portfolios, new business opportunities and future product innovations.
AI READINESS Work effectively in an environment shaped by artificial intelligence (AI), machine learning, data analytics and cloud-based tools, using insights responsibly with our standards of data governance, security and ethical use.

What You Bring

Education

Currently enrolled in or recently completed a Bachelor's or Master's degree in Economics, Engineering, Mathematics, Data‑related fields, or a similar quantitative discipline.

Technical & Analytical Skills

Strong affinity for data and numbers, with an Excel‑oriented profile.
Backgrounds such as Mathematics, Engineering, Economics or Business with strong analytical focus are welcome.

Languages

Working knowledge of German (required).
Good command of English, mainly for interactions with managers and business partners.

Personal Skills

Analytical mindset and attention to detail.
Curiosity and willingness to learn technical pricing concepts.
Ability to collaborate with cross‑functional teams in an international environment.

How we hire

Allianz Partners does not accept unsolicited CV's or approaches from agencies. We only work with partners on our approved supplier list, under contract. Any unsolicited submission will not be considered.

What We Offer

Our employees play an integral part in our success as a business. We appreciate that each of our employees is unique and has unique needs and ambitions, and we enjoy being a part of their journey.

We are there to empower and encourage you with your personal and professional development ensuring that you take control by offering a large variety of courses and targeted development programs. All that in a global environment where international mobility and career progression are encouraged.

Caring for your health and wellbeing is a key priority for us. This is why we build Work Well programs to providing you with peace of mind and give the flexibility in planning and arranging for a better work-life balance.

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.

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. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

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