About the role#
This summer internship provides an opportunity for PhD students to work with a team of quants, researchers, and traders. You will support our hedge trading desk by assessing and mitigating market risks for Allianz Life and global clients.
What you'll do#
- Research, develop, and modify quantitative models used for derivatives hedging.
- Write and implement quantitative models using C#.
- Use artificial intelligence tools and resources to support research projects.
- Gain experience with financial math and trading desk operations.
What you'll need#
- You must be currently pursuing or have completed a PhD in mathematics, physics, computer science, economics, or engineering.
- Strong technical skills in mathematical modeling.
- Experience reading research papers and writing software for research purposes.
- A genuine interest in financial markets.
- You must be legally authorized to work in the United States without the need for current or future immigration sponsorship.
Location & details#
- Location: Minneapolis, MN.
- Term: Summer 2027.
- Modality: This is a full-time, on-site position.
- Compensation: This role is paid at a rate of $31 to $35 per hour.
About Allianz
Allianz provides insurance and asset management services to private and corporate clients. The company operates in nearly 70 countries and serves over 100 million customers. Founded in 1890, it is headquartered in Munich. It functions as a public company with more than 10,000 employees.
How to get in at Allianz
Applying to Allianz early is a distinct advantage because recruiters review applications as they arrive. Intern Insider sends an instant alert the moment a role matching your target is published, so you can submit your materials before the applicant pool grows too large. You will save time by knowing exactly when to act. Reaching out to the right person often beats waiting in a digital queue. Intern Insider surfaces the recruiters behind the company roles so you can reach out directly to ask about the position or a referral. This direct approach materially improves your response rates compared to a standard submission.


