Associate Portfolio Manager - Renewables

We are looking for a highly motivated candidate to join our Renewables team based in London who will support our existing large scale European repowering development and other value-creation initiatives, especially in the German speaking market.

What you do

• Support repowering development and other value-creation activities (such as battery hybridisation) in Germany, Austria, and other markets; both for internal and third-party investors
• Manage local development partners and Allianz external consultants (legal, tax, technical) during development process
• Support ongoing decision-making process during development by providing financial analysis of development opportunity
• Oversee land lease securing strategy and permitting process
• Support during implementation process incl. negotiation and execution of construction and long-term operation contracts; preparing offtake solution including analysis of government auctions and assessing PPA options; and assisting in negotiation of financing package if appropriate
• Assist with preparation of investment papers for internal approval processes with regard to economic analysis and presentation
• Development and finessing of project financial model and production of robust and dependable economic analysis and sensitivities
• Assist in providing analysis to support strategic decision making on direction of repowering and hybridisation portfolio
• Support Allianz internal reporting and communication cycles including regular investors and management meetings providing updates and insight to the development status
• Monitor market developments affecting the portfolio and analyse potential impact on development portfolio.

What you bring

• Strong academic credentials with a relevant degree such as in Economics, Business Administration, Engineering or Renewables & Finance and a keen interest in Energy transition and Renewable Energy
• At least 4 years of relevant experience in Renewables Transactions/Development or Asset Management in similar position at a leading developer, utility, or financial investor, ideally with a focus on acquisition and implementation of development pipelines
• Good understanding of Renewables asset valuation and contractual market standards
• Good understanding of legal, tax, accounting, regulatory and technical matters in relation to wind and solar assets
• Ability to follow technical, commercial, tax and legal discussions in regard to operational renewables assets
• Ability to think strategically with respect to optimisation of renewables assets, assessing financial engineering and structuring options
• Structured, diligent work approach and high degree of dedication
• Strong commercial judgment with experience of providing analysis and insight to aid commercial decisions
• Proficiency in English and German; knowledge of another European language beneficial
• Good knowledge of MS office software as well as Power BI
• AI Skill: Data Analytics.

What we offer

• We empower our employees by ensuring flexible work arrangements that maintain a balance between performance, productivity, career development and personal priorities (e.g., hybrid model/flexible working hours)
• Securing your future: Access to company pension/savings plans
• Shared success: Company share purchasing plan
• 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
• Volunteering time
• … and so much more!

About Allianz Global Investors

Allianz Global Investors is a leading active asset manager, managing assets for individuals, families, and institutions worldwide. Our shared goal to shape a future of opportunity for our clients is foundational to our culture and our values. We look to attract, and actively nurture, individuals with the drive to achieve excellence at every stage of the investment experience.

We believe an inclusive culture is key to a flourishing workforce. Not only do we celebrate the broad range of experiences, backgrounds, and attributes that our workforce brings, but we support our people to live and work in a way that promotes their own wellbeing.

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 clients first and at the centre 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 clients 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 background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

If you feel inspired to promote the active asset management experience, this is the place for you. Join our 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 recruiting@allianzgi.com .

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.

Join us. Let’s care for tomorrow.

How to Apply : Applying is quick and easy. Simply upload your CV, complete your personal details, confirm your consent for AI support in the “Additional Information” section, and submit your application.

To support our recruiters, we use Fit Score—an AI‑powered tool that highlights how closely your profile aligns with the role. This helps us review applications more efficiently and focus on what matters most: your skills and experience.

Good to know: The Fit Score is a support tool only. At Allianz, technology never replaces human judgment. Every application is carefully reviewed by our recruiting teams, ensuring a fair, thoughtful, and personal hiring process.

100503 | Asset & Investment Management | Professional | n.a. | Allianz Global Investors | Full-Time | Permanent