Operational Risk Analyst

About Allianz

We are proud to be one of the world's most trusted insurance companies, and Ireland's #1 Property & Casualty Insurer serving over 900,000 customers across Ireland, for over 100 years. Our success is driven by the incredible people we employ, with over 800 people in Allianz Ireland, we are committed to supporting our employees' individual needs and aspirations.

 

This role is officially based in Elm Park, Dublin 4, but we embrace a hybrid working model that offers you the flexibility and support you need to excel in your role.

 

We are incredibly proud to be recognised as a Great Place to Work having won the Super Large Category in 2025 & 2026, as well as being named one of Ireland's Best Workplaces for Women and Best Workplaces for Health & Wellbeing. If you're ready to take the next step in your career, apply now and become part of the team!

 

 

The Opportunity

 

The Risk Management Function (RMF) in Allianz Ireland is dedicated to supporting the business by working with them to deliver the best possible solutions for the management, control and mitigation of risks. More specifically, it is responsible for the maintenance of the company's comprehensive risk management system and control system assuming perspectives of independent risk oversight and of the business strategy.

 

Reporting to the Head of Operational Risk, the Operational Risk Analyst is an integral part of an experienced Risk Management team, comprised of risk professionals with diverse areas of expertise. It has responsibility for operational risk management, focusing particularly on internal controls and governance. This will involve close collaboration with colleagues from across the business.

 

The role will also support other qualitative and quantitative deliverables of the RMF including the Own Risk and Solvency Assessment (ORSA).

 

Key Responsibilities:

 

• Ongoing maintenance and development of risk and control tools, processes and reporting to support the operational risk management and internal control frameworks of the company
• Participating in and supporting assessment workshops and risk and control identification
• Control testing and mitigation plan monitoring
• Oversight and analysis of operational loss events
• Coordination of quarterly risk reporting as Secretary for the Management and Board Risk Committees
• Responsibility for the timely production of relevant internal risk reports (e.g., to the Risk Committees and Board)
• Form strong partnerships across the organization to establish joint objectives, facilitate open communications, leverage resources, and share information to ensure the effectiveness of risk management

 

 

 

Key Requirements / Skills & Experience

 

Essential:

 

• Previous operational risk management, risk analytics, or Risk Champion experience, ideally within financial services
• Working knowledge (3+ years' experience) in operational areas of financial services sector

• Demonstrated understanding of operational risk management, internal control processes and risk management and control techniques

 

Desirable:

 

• A relevant third level degree/qualification

• Knowledge of the general insurance market and products
• Experience in working with financial regulation relating to general insurance, e.g. Audit, Compliance
• Experience in cross functional teams or projects is an advantage
• Excellent communication and report writing skills
• At Allianz Ireland, we are committed to staying at the forefront of technological advancements. While this role may not require specific expertise in Data Analytics or Artificial Intelligence (AI) technologies, having an understanding of their core principles and practical applications is beneficial.

 

 

Our Benefits:

 

We offer a competitive remuneration package, generous pension scheme contributions, health insurance, working from home allowance, numerous wellbeing and family benefits, an onsite gym, and a well-connected, accessible location with onsite staff parking and free lunches.

 

#LI-Hybrid This is a hybrid remote/in-office role

 

Allianz plc. is regulated by the Central Bank of Ireland.

97407 | Risk Management | Professional | Non-Executive | Allianz Ireland | 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.