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.

Underwriting Data Intern

Allianz

Original Advert

At Allianz Partners, we are looking for an Underwriting & Actuarial Data Intern to join our team and support the Head of Underwriting Excellence for the Roadside Assistance line of business. This internship is ideal for students interested in data analysis, technical underwriting, and actuarial processes within the insurance industry.

You will work on real projects that transform data into actionable insights, contributing to strategic decision-making in a global, dynamic, and innovation-driven environment.

What You Will Do

Analysis & Reporting

Prepare portfolio performance analyses, including Combined Ratio evolution, retention trends, and premium growth tracking.
Extract, validate, and synthesize data from multiple sources to create clear reports and visualizations for leadership meetings.

Dashboard & Metrics Management

Maintain and enhance underwriting dashboards, ensuring accuracy, consistency, and timely updates of key indicators.
Investigate data discrepancies and collaborate with internal teams to resolve them.

Ad-hoc Analytical Projects

Support pricing reviews, competitor benchmarking, and market research.
Gather external information, structure insights, and prepare presentation materials.

Cross-functional Collaboration

Work closely with actuarial, claims, and finance teams to ensure methodological alignment across reporting.
Act as a point of contact for underwriting-related questions from other departments.

Innovation & Process Improvement

Identify opportunities to enhance processes, automate repetitive tasks, and streamline workflows.
Apply analytical tools and AI-based solutions to improve operational efficiency.

What You Bring

Business, Engineering, Economics, Mathematics, Data Science Degreed or another quantitative field.
Strong proficiency in Excel and a clear interest in developing advanced analytical skills, along with familiarity-or willingness to learn-tools such as SQL, Python, or BI platforms (Power BI, Tableau). Curiosity for AI tools and data‑driven technologies is highly valued.
You bring an analytical mindset, strong attention to detail, and a good understanding of financial and actuarial concepts.
You communicate insights clearly thanks to strong communication and presentation skills, and you thrive in dynamic environments due to your proactive attitude, focus on quality, and continuous process improvement.
Advanced English and fluency in the local language are required, and developing skills in project coordination are considered an asset.

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

Internship allowance, international and collaborative work environment experience, professional development and access to advanced analytical tools, participation in impactful projects within a leading global company.

ur 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.