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Allianz Life Insurance Jobs (NOW HIRING)

Allianz

Senior Consultant

Minneapolis, MN · On-site

$85K - $115K/yr

Distribution Strategy Initiative for Commercial Insurance * Enterprise Cross-Functional Customer Experience Roadmap and Strategy for Life & Annuities What you bring Allianz Consulting seeks ...

Allianz

Principal Consultant

Minneapolis, MN · On-site

$110K - $140K/yr

Distribution Strategy Initiative for Commercial Insurance * Enterprise Cross-Functional Customer Experience Roadmap and Strategy for Life & Annuities What you bring Allianz Consulting seeks ...

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Allianz Life Insurance information

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$89K

$145K

How much do allianz life insurance jobs pay per year?

As of Aug 6, 2026, the average yearly pay for allianz life insurance in the United States is $88,968.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,500.00 and $122,000.00 per year, depending on experience, location, and employer.

What is the difference between Allianz Life Insurance vs Insurance Agent?

FeatureAllianz Life InsuranceInsurance Agent
Primary RoleProvides life insurance products and financial solutions directly from AllianzSells various insurance policies from multiple providers to clients
CredentialsTypically requires licenses such as life insurance license, FINRA registrationRequires state insurance license, often multiple licenses depending on products
Work EnvironmentWorks for Allianz, often in an office or remote settingIndependent or employed, working in client homes, offices, or remotely
Industry UsagePart of the insurance and financial services industry, representing AllianzPart of the insurance sales industry, representing various companies

Allianz Life Insurance professionals focus on offering Allianz's specific products and solutions, often requiring specialized licenses. Insurance agents, on the other hand, sell policies from multiple providers and may hold various licenses. While Allianz Life Insurance roles are more product-specific, insurance agents have a broader sales scope across different companies.

Does Allianz Life Insurance pay well?

Allianz Life Insurance offers competitive salaries for its roles, with pay often aligned with industry standards for insurance and financial services. Compensation can vary based on position, experience, and location, and may include bonuses and benefits. Entry-level roles typically start with a base salary, while experienced agents and managers can earn higher income through commissions and performance incentives.

What is Allianz Life Insurance?

Allianz Life Insurance refers to the products and services offered by Allianz Life Insurance Company, a leading provider of life insurance and retirement solutions. Allianz Life Insurance offers a variety of policies, including term life, whole life, and annuities, designed to help individuals and families protect their financial future. The company is part of the global Allianz Group, known for its financial strength and long-standing history in the insurance industry. Customers can choose from different coverage options and riders to suit their needs and goals. Allianz Life Insurance also provides educational resources and personalized support to help clients make informed decisions.

What kind of employees does Allianz Life Insurance hire?

Allianz Life Insurance hires a diverse range of employees, including financial professionals, customer service representatives, and sales agents. Candidates typically need strong communication skills, relevant industry certifications, and a customer-focused approach to succeed in the company's collaborative environment.

What are the key skills and qualifications needed to thrive as a life insurance agent at Allianz, and why are they important?

To thrive as a Life Insurance Agent at Allianz, you need a strong grasp of insurance products, sales strategies, and regulatory compliance, often supported by a state insurance license. Familiarity with customer relationship management (CRM) systems, digital sales tools, and Allianz’s proprietary platforms is typically required. Excellent interpersonal skills, active listening, and resilience help agents build trust and maintain client relationships. These skills and qualifications are vital for confidently guiding clients, meeting sales targets, and ensuring long-term customer satisfaction in a competitive industry.

What types of career development opportunities are available for employees at Allianz Life Insurance?

At Allianz Life Insurance, employees benefit from a range of career development opportunities, including mentorship programs, in-house training, and support for professional certifications relevant to insurance and finance. The company encourages internal mobility, so team members can explore different roles or departments as they grow. Regular performance reviews and individual development plans help employees set and achieve career goals, while leadership development tracks are available for those interested in management positions. Allianz also fosters a collaborative environment, where cross-functional projects provide additional learning and networking opportunities.
More about Allianz Life Insurance jobs
What cities are hiring for Allianz Life Insurance jobs? Cities with the most Allianz Life Insurance job openings:
What states have the most Allianz Life Insurance jobs? States with the most job openings for Allianz Life Insurance jobs include:
What job categories do people searching Allianz Life Insurance jobs look for? The top searched job categories for Allianz Life Insurance jobs are:
Allianz Life Insurance jobs near you
Infographic showing various Allianz Life Insurance job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 20% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $88,968 per year, or $42.8 per hour.

Product Development Actuary - IUL | Fully Onsite

Allianz

Minneapolis, MN • On-site

$119K - $149K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 9 days ago

Allianz rating

9.3

Company rating: 9.3 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

18th of 301 rated insurance

Job description

At Allianz Life, we are driven by our mission - we secure your future - and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting equality in our communities.
You will help lead the development, pricing, and strategic direction of Indexed Universal Life (IUL) products. Acts as one of our experts on IUL mechanics, index crediting structures, and actuarial modeling, ensuring products are competitive, sustainable, and aligned with business strategy. You will report to a credentialed senior leader on the Product Development team.
What you do:
  • Design and refine IUL products, including index crediting strategies, cap/participation structures, multipliers, fixed account design, riders, and survivorship variations.
  • Build, enhance, and validate pricing models using advanced actuarial techniques, ensuring accurate representation of product behavior.
  • Set and maintain assumptions for mortality, persistency, expenses, funding patterns, rider use, and index crediting performance.
  • You will develop pricing strategies that balance regulatory expectations, risk management considerations, and competitive market needs.
  • Incorporate requirements related to Standard Nonforfeiture Law (SNFL), Sections 7702 and AG 49 into product and pricing models, ensuring compliant and sustainable design parameters.
  • Conduct sensitivity testing, scenario modeling, and profitability analysis to evaluate product levers and support product positioning.
  • Collaborate with Investments to assess the feasibility and sustainability of index strategies, including option-budget and hedging considerations.
  • Collaborate with Underwriting and Reinsurers to assess effectiveness and impacts of our underwriting practices
  • Monitor IUL market trends to guide product mix strategy, identify innovation opportunities, and ensure products stay competitive.
  • Partner with Product, Distribution, and Marketing to align product designs with customer needs and sales strategies.
  • Mentor actuarial staff on modeling, pricing frameworks, and IUL concepts..
  • Utilization of artificial intelligence tools and resources (e.g. generative AI)

What you bring:
  • 11+ years actuarial experience with background in life product development, including IUL.
  • Four-year degree required in Actuarial Science, Mathematics, Physics, Economics, Engineering, or related field
  • Fellowship in the Society of Actuaries (FSA).
  • Expertise with actuarial modeling platforms and pricing methodologies.
  • Ability to translate technical modeling insights into clear product strategy recommendations.
  • Experience applying SNFL, 7702, and AG 49 requirements within product design, modeling, and pricing frameworks.
  • Experience with underwriting program analysis and assessing impacts to mortality trends
  • Ability to work both independently and collaboratively, ensuring long-term project success across cross-functional teams.
  • You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas.

Job posting range: $140,000 - $240,000
Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and/or education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.
This position is eligible for domestic relocation assistance.
What we offer:
At Allianz Life, we're proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we're routinely recognized as a top workplace employer. For additional information regarding What It's Like To Work Here | Allianz Life
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 race, 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. #LI-NL1

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