Allianz Commercial · 4 hours ago
Senior Risk Analyst
O'Fallon, MO
Full-time
Hybrid
Mid, Senior Level
$77K/yr - $117K/yr
3+ years expAllianz Commercial is a center of expertise within Allianz Group, focusing on insuring mid-sized businesses and large enterprises. They are seeking a Senior Risk Analyst to support Enterprise Risk Management functions through quantitative and qualitative risk analysis, and to drive innovative risk management solutions.
Insurance
No H1B
Responsibilities
Lead RCAs across underwriting, claims, finance, IT, and operations
Identify, assess, and document inherent, residual, and emerging risks with control effectiveness evaluation
Support annual Top Risk Assessment and maintain enterprise risk registers
Prepare ORSA documentation per NAIC, OSFI, and state regulatory requirements
Support scenario design, stress testing, and capital impact analysis
Assist with regulatory exams, audits, and ERM governance responses
Work closely with the Capital Management team to understand the RBC analysis including capital ratios and drivers of change
Conduct stop-loss, retention, and reinsurance analysis
Perform stress testing and sensitivity analysis for loss experience, catastrophes, and operational risks
Manage risk incidents and loss events with root cause analysis and remediation tracking
Identify trends and emerging risk signals
Maintain loss event databases and incident reporting processes
Automate risk analysis and reporting using Python, SQL, R
Develop Power BI dashboards for KRIs, loss trends, capital metrics, and risk appetite
Apply GenAI to draft assessments, identify patterns, improve documentation efficiency, and pilot innovative analytics
Prepare risk reports and presentations for ERM committees, executives, and Board
Translate complex analyses into actionable insights for non-technical stakeholders
Partner across underwriting, claims, actuarial, finance, compliance, audit, and IT to embed risk practices
Drive continuous improvement and stay current on P&C risk trends and emerging technologies
Qualification
Required
3–5 years in enterprise, operational, insurance, or financial risk within P&C insurance
Experience in qualitative and quantitative risk disciplines
Hands-on experience with RCSAs, Top Risk Assessments, ORSA, and incident management
Strong analytical, problem-solving, and documentation skills
Excellent written and verbal communication
Experience with NAIC RBC, capital adequacy, stress testing, stop-loss, and reinsurance structures
Proficiency in Power BI, advanced Excel, Python, SQL, R and GenAI tools in professional environments
Bachelor's degree
External applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship
Preferred
Experience in applying artificial intelligence (AI) and machine learning (ML) to improve business processes and decision-making
Benefits
Generous bonus scheme
Pension
Private healthcare
Generous parental leave benefits
Company
Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Jennifer Partyka
Head of Cost Controlling CxO ex COO
Christina Hager
Sr. HR Business Partner
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