Associate Portfolio Manager - Renewables

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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.

• 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.

• 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.

• 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!

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.