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Allianz Insurance launches virtual summer internship

Press release   •   Aug 10, 2020 10:00 BST

Jules Harrison, graduate talent manager

Allianz Insurance has launched a special online summer internship programme and welcomed 11 university students onto the scheme.

Now in its 12th year the Allianz summer internship programme is usually run across UK branches but for the first time is being hosted virtually. Due to the current situation adaptations have been made to the structure of the programme but across nine weeks the students will still gain valuable insight into a range of business areas such as actuarial and risk, claims and operations.

As well as shared expertise and hands on experience the interns also receive competitive pay and a performance assessment to consider suitability for Allianz’s graduate scheme.

Jules Harrison, graduate talent manager, Allianz Insurance, commented: “Summer internships are a great way to discover how businesses work as well as being an opportunity to network and build confidence.

“Although we’re living in uncertain times we didn’t want talented students to be disadvantaged because of the current working from home rules. We have therefore worked hard to deliver an equivalent scheme online that will offer just as much quality interaction and learning. We had a really successful virtual welcome day and I hope they enjoy their time with us.”

Allianz will be opening applications for all of their 2021 graduate and placement schemes in September 2020 and details can be found on their recruitment website.

About Allianz Holdings plc

Allianz Holdings plc is the non-regulated holding company which owns the principal insurance operations of Allianz SE in Great Britain.

About Allianz

The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million retail and corporate customers in more than 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 740 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage almost 1.6 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2019, over 147,000 employees achieved total revenues of 142 billion euros and an operating profit of 11.9 billion euros for the group.

These assessments are, as always, subject to the disclaimer provided below.

Cautionary note regarding forward-looking statements

This document includes forward-looking statements, such as prospects or expectations, that are based on management's current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements. Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz Group's core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) particularly in the banking business, the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates, most notably the EUR/USD exchange rate, (ix) changes in laws and regulations, including tax regulations, (x) the impact of acquisitions including and related integration issues and reorganization measures, and (xi) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.

No duty to update The Allianz Group assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.

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