Risk Analyst
Pubblicato il 03-10-2026 - Allianz in Milano
The Pricing Monitoring Unit is part of the Risk Management Department of Allianz S.p.A. and operates as a second line of control function. The function is part of the Market & Credit Risk & PMU team, and is responsible for the independent oversight and validation of pricing methodologies applied to financial instruments and alternative assets, ensuring consistency with market practice and regulatory expectations.
The unit plays a key role in supporting sound risk governance by liaising with the investment department, external asset valuators, and relevant internal Committees, and by providing robust analytical evidence to senior stakeholders. KEY RESPONSIBILITIESExtrapolate and critically assess financial data and methodology documentation to support independent pricing oversightValidate the consistency of pricing methodologies with current market practice and internal standardsVerify the correctness of financial data used within the pricing processFormulate alternative approaches to pricing methodologies and independently source market parametersEvaluate pricing correctness through reperforming and independent repricing exercisesAssess the economic impact of independent repricing outcomesMonitor the first line of control in its pricing activities, ensuring compliance with applicable frameworksLiaise with the Investment Department and external entities responsible for asset valuationReport controls evidence, results, and independent validation findings to relevant internal CommitteesSupport investment and risk assessment activities across the departmentEDUCATION / EXPERIENCE / SKILLSMaster's Degree in Finance, Physics, Mathematics, Statistics, or a related quantitative field1-3 years of experience in investments, risk management, pricing, quantitative development, or an equivalent background with strong quantitative and analytical skills Programming skills in Python and VBA, as well as familiarity with statistical software and databasesSolid technical expertise in p