Intern (m/f/d), Private Markets Investment Controlling & Valuation

Job Role/Purpose
We are primarily looking for a forward-thinking and results-oriented Intern – Investment Controlling and Valuation (m/f/d). This position will be based in our Munich office and should have a duration of at least 6 months, starting in March 2026.

In this role you will be assisting in the quarterly valuation validation process and ongoing monitoring of indirect portfolio of Allianz Capital Partners in Private Equity and Private Debt Funds, in close collaboration with the other governance functions.

What You Do

• Monitoring of existing fund investments, including review of quarterly financial statements
• Support in the onboarding of new investment strategies and funds from a valuation perspective
• Preparation of presentations for senior management, Allianz committees and external investors
• Carrying out market and competitor analyses, including sector insights and comparable transactions
• Ad hoc projects on valuation, governance frameworks and long-term planning of fund investments

What You Bring

• Advanced studies in Business Administration, Finance, Economics, Mathematics or a comparable degree program specialized in corporate finance or investment controlling
• First internship experience preferably in the areas of investment banking, corporate finance or investment controlling
• Excellent MS Office skills, particularly in Excel and PowerPoint, PowerBI knowledge is a plus
• Strong analytical skills and a structured, independent work style
• A high level of motivation, excellent communication skills and strong team spirit
• Written and oral proficiency in English required, working knowledge of German is a plus

What We Offer

• "New Normal", it's not news to us: As a global company, we've known the hybrid model before it was 'in'. Work flexibly according to internal guidelines (e.g., hybrid model/ flexible working hours)
• Support for what matters: Mental health and wellbeing programs
• Investments in your career: Career opportunities within the entire Allianz Group
• Investments in your skills: Comprehensive learning and development offerings, including certifications and professional qualifications
• … and so much more

About Allianz Global Investors
Allianz Global Investors is a leading global active asset manager.

We invest for the long term and want to create value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their needs, and build solutions based on capabilities across public and private markets. Our focus on enhancing our clients' assets leads naturally to a commitment to sustainability for positive change. Our goal is to enhance the investment experience for clients, whatever their location or goals.

Putting our clients' needs first, behaving in a transparent way and treating people fairly means acting with integrity. We encourage a collegial culture, that supports individual responsibility. We invest in the development of our employees to maximize the power of innovation.

We at Allianz believe in a diverse and inclusive workforce, we are committed to the principles of Equal Employment Opportunity and to helping applicants with any disabilities. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Great to have you on board.

If you feel inspired to promote the active asset management experience, this is the place for you. Join our diverse, international, technology-enabled, and agile environment. Simply upload your CV in English to apply for this position If you need support to navigate our websites or at any stage during your application, please send an email with your request to

To Recruitment Agencies
Allianz Global Investors has an in-house recruitment team that sources great candidates directly. Therefore, Allianz Global Investors does not accept unsolicited resumes from agency or search firm recruiters.

When we do work with recruitment agencies, that engagement is formalized by a contract. Fees will only be paid when there is a contract in place.

Without a contract in place, we will not accept invoices on unsolicited resumes, even if the candidate was ultimately employed by Allianz Global Investors.

Finally, please do not contact hiring managers directly.