Intern (m/f/d), Private Markets Team, Global Investment Strategy

Job purpose/role

We are seeking a highly motivated intern to join our Munich-based Private Markets team in Global Investment Strategy. You will work alongside an international group of investment professionals to analyze major trends in private markets, support asset-class assessments, and help shape portfolio strategy across private equity, private credit, infrastructure and real estate. This immersive, hands-on role is ideal for students who combine strong analytical skills with genuine interest in investment strategy, especially alternative investments.

Key responsibilities

• Gather and synthesize industry data, evaluate macro and sector trends, and maintain proprietary research databases.
• Contribute to the development and implementation of Allianz’s global investment strategy in the private markets space.
• Conduct ad-hoc research on emerging themes (e.g., secondary markets, data centers etc.).
• Update and improve quantitative/valuation models.
• Support internal strategy and financial market communications.

Key requirements / Skills / Experience

• Bachelor’s or master’s student in Finance, Economics, Engineering, Business or a quantitative discipline, with a strong academic record.
• Previous internship or project work in investment management or related financial sector is a plus.
• Strong interest in financial markets (esp. private markets) and macroeconomics.
• Familiarity with portfolio-construction and asset-allocation concepts.
• Advanced Excel / PowerPoint skills, experience with LSEG Workspace/Datastream, Bloomberg Terminal, Python, EViews is a plus.
• Excellent written and spoken English (additional languages are a plus).
• Strong analytical skills, meticulous attention to detail, and the ability to turn large data sets into clear insights.
• High level of professionalism, proactiveness and collaborative spirit.

Additional information

Desired start date: mid October 2026

97514 | Asset & Investment Management | Student |  | Allianz Investment Management | Full-Time | Temporary

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.

We are united by a shared commitment: to put our customers first and at the centre of everything we do. Their needs inspire our thinking and guide our actions.

Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for 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.

The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture.

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.