📍
Paris, France

POLITICAL AND CREDIT RISK UNDERWRITER INTERN W/M

Internship
Finance
Finance
Posted:
December 29, 2025

Allianz

Global insurance and financial services
73.8
Palpable Score
Apply >view company >

Main Missions:

You will join the Specialty Credit – Mid Term division, specializing in political and credit risk coverage, as well as medium and long-term project and financing for exporting companies, banks, and multilateral institutions. During this internship, you will work within the Risk team based in Paris and maintain constant contact with our commercial hubs (London, Paris, New York, and Singapore), where you will particularly contribute to:


•    Preparing risk analysis memos (financial, geopolitical, macroeconomic, and transactional analysis, etc.)
•    Assisting with occasional projects related to the implementation of procedures or specific research related to the department's activities
•    Assisting in monitoring risk activities and managing the database
•    Supporting underwriting teams, including information requests from credit analysts located within Allianz Trade subsidiaries (50 countries)
•    Conducting research on geopolitical and sectoral topics (commodities, banks, macroeconomics, infrastructure)

Thus, you will evolve in a stimulating international environment where you can expand your analytical skills and understanding of international trade (import/export, financial products, etc.).

Profile

About the company

Allianz

Company overview
Allianz is a global insurance and financial services group with major businesses in property and casualty insurance, life and health insurance, and asset management. Allianz serves both consumers and commercial customers, including large multinational clients, through local operating companies and specialist lines. Allianz also operates travel insurance and assistance through Allianz Partners, and investment management through platforms including Allianz Global Investors and PIMCO. Allianz is headquartered in Munich and is publicly traded.

Locations and presence

Allianz operates in almost 70 countries with large hiring hubs across Europe, North America, and Asia-Pacific. Work setup varies by entity and role, with many underwriting, operations, and corporate roles advertised as hybrid or office-based and customer operations roles more often site-based.

Palpable Score

73.8
/ 100
Allianz offers multiple credible entry points for graduates through internships, graduate schemes, and degree-level apprenticeships, and Allianz often explains what candidates should expect in assessments for early-career routes. The biggest limitations are uneven process transparency across countries and a lack of published early-career outcomes data, alongside recent public job-cut announcements in parts of the group that add stability risk for junior hires.
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