Principal Consultant

About the role

Allianz Consulting is the internal consulting division of the Allianz Group. Functionally within the US, Allianz Consulting is part of Allianz Technology of America. Based in Munich, Paris, Milan, Trivandrum, Pune, Singapore, Barcelona, Minneapolis and New York, our dedicated global teams of consultants share a joint vision: to be the consulting partner of choice for Allianz Group core segments, transforming the future of Allianz from within. We bring deep industrial and functional expertise to fulfill our clients' needs, ranging from strategy, market management, sales and distribution, IT, organization, claims and operations to central functions. Allianz Consulting operates within a global-local framework, leveraging knowledge and expertise from within Allianz around the globe to provide exceptional service and value to our clients. Joining Allianz Consulting North America, consultants are offered an intellectually challenging opportunity to deliver tangible value to clients while also providing a strong support structure to further advance career development.

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

• 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 (e.g., 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 Annuity insurance 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

• Hybrid work model which recognizes the value of striking a balance between in-person collaboration and remote working
• 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
• Career development and digital learning programs, international career mobility, lifelong learning for employees worldwide
• Innovation, delivery and empowerment-focused environment

Pay

The annualized base pay range for this role is $110,000–$140,000. The actual salary will be determined by the scope, complexity and location of the role, and the skills, education, training, credentials and experience of the candidate. Base pay is one component of the total compensation package, which also includes eligibility for an incentive-based annual bonus.