Risk Management Specialist
- Allianz
- Sofia, Bulgaria
- BGN 45,000 – BGN 60,000
What you do:
- Ensure compliance with Solvency II by calculating risk-based capital requirements and preparing reports for regulators, Allianz Group, and stakeholders
- Drive initiatives to strengthen and refine the company's operational risk management framework
- Monitor the solvency of Allianz Bulgaria Insurance Companies, recommending actions to maintain target capitalization levels
- Conduct risk assessments, sensitivity analyses, and stress tests, reporting findings to senior management and Allianz Group
- Develop risk monitoring models, propose mitigation measures, and participate in risk management projects and expert group.
What you bring:
- Hold a Bachelor’s or Master’s degree in finance, economics, mathematics, statistics, actuarial science, or a related quantitative field.
- Preferably have 2-3 years of experience in risk management, actuarial, or investment departments.
- Knowledge of the insurance industry is advantageous.
- Fluency in English.
- Proficiency in MS Office (especially Excel), and in using Generative AI (Copilot, ChatGPT).
- Strong communication and analytical skills.
- Ability to prioritize tasks and work independently is essential.
- Professional certifications like CFA, FRM, or CERA are beneficial.
What we offer:
Money
Annual performance-based bonuses
Free employee share + stock purchase plan
Preferential pricing on Allianz products
Additional pension
A discount network with 50+ sites
Time
- Hybrid work model
- Additional day off - Allianz Family Day
Health
Free medical insurance
Special price for Multisport Card
24/7 mental health support
Career
Career development, digital learning & international mobility.
Opportunities across insurance, asset management & banking within Allianz Group.
Great Place to Work & EDGE certified environment.
Fresh fruit and free coffee in the office
Off-site location in the mountains
Corporate teambuildings
105460 | Risk Management | Professional | Non-Executive | Allianz Bulgaria | Full-Time | Permanent
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.
Join us. Let's care for tomorrow.
Skills
- Solvency II
- Risk-Based Capital Calculation
- Stress Testing
- Operational Risk Management
- Excel
- Generative AI (Copilot, ChatGPT)
- Regulatory Reporting







