130 years of trust, time to shape what's next. Allianz Group is one of the world's leading insurers and asset managers - built on over a century of stability, expertise, and financial strength. Allianz Services is where that legacy meets the future. 8,200+ people. Eight countries. Three continents. We deliver specialized services to clients within Allianz Group, powered by AI, advanced analytics, and a mindset that refuses to stand still. From core insurance operations to engineering and consulting services, we reimagine how insurance works. What truly sets us apart are our people and the trusted partnerships we build, anchored in our values of expertise, integrity, and empowerment. We don't support the business. We shape it.

Role Overview:

The IT Economics department, is responsible for planning, reporting and steering Allianz Group’s IT Spend and ensuring alignment with the broader Operations & IT Strategy. The team ensures that IT investments deliver measurable value while supporting productivity, growth and financial targets.

As an IT Product Owner, you will own the Program Management tool WAVE by McKinsey, which holds the leading project master data and financial reporting figures (Plan, Actuals and Forecast) and KPIs for several Operating Entities (OEs). You will drive platform which is used for the planning, reporting, steering and benefits management, working closely with ITE Managers, Group Finance, Group Business Areas and Allianz Technology.

Additionally, the new PO will support and back up SAP IP (SAP Integrated Planning) topics as needed, ensuring continuity and coverage across both platforms.

What you do:

Run the application, handle ad hoc requests and drive change
Align needed changes with business, prioritize them (backlog mgt) and drive development with developers
Secure an in time & quality delivery of changes and drive respective user communication
Drive standardization of workflows, reporting structures, and governance processes within the application
Manage all activities required to plan, report and steer IT Spend (change & run) and corresponding benefits.
Identify critical issues early, perform root-cause analyses and drive corrective actions.
Monitor the IT Change Project Portfolio, including major Group IT programs, covering financials, scope, delivery, risks and dependencies.
Enable effective collaboration between OEs, H4 and Allianz Technology as the shared services provider.
Continuously improve IT Change Spend Management processes (definitions, data provisioning, quality checks, standards).

What you bring:

Academic degree (Master’s/Diploma) in IT, Economics or Business Administration.
Practical experience with project management frameworks (PMI, PRINCE2 and/or SAFe), ideally certified.
Excellent MS Office skills, especially Excel and PowerPoint.
Strong experience with SAP Integrated Planning and ServiceNow.
Knowledge of VBA and Power BI is an advantage.
Very good English (written and spoken); additional languages welcome.

Preferred Qualifications / Experience:

Senior profile with Product Owner experience in SAAS platforms (Allianz experience preferred), additionally SAP BW & IP
E2E knowledge of running an application and driving changes
Strong expertise in IT and Operations, with a clear grasp of how they align financially and strategically Proven knowledge of IT project portfolio management principles and practices
High business maturity with proven ability to work effectively with C-level stakeholders (COO, CTO).
Excellent communication and interpersonal skills, able to translate complex financial topics for non-finance stakeholders.
Self-driven mindset, strong communicational assets & willingness/ability to drive topics in responsibility
Team spirit and collaborative attitude
Curiosity, continuous learning and willingness to challenge and improve processes.

What we offer:

We offer a hybrid work model which recognizes the value of striking a balance between in-person collaboration and remote working incl. up to 25 days per year working from abroad.
We believe in rewarding performance and our compensation and benefits package includes a company bonus scheme, pension, employee shares program and multiple employee discounts (details vary by location).
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Flexible working, health and wellbeing offers (including healthcare and parental leave benefits) support to balance family and career and help our people return from career breaks with experience that nothing else can teach.

*We highly welcome candidates with a genuine interest and affinity for Information Technology (IT) and Generative Artificial Intelligence (GenAI), as these attributes are considered valuable assets to our team.*

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 center 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 Internal 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

IT Product Owner (m/f/d)

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