Allianz-Tiriac Pensii Private

What Allianz-Tiriac Pensii Private does

Allianz-Tiriac Pensii Private is a Romanian private pension fund administrator and a wholly-owned subsidiary of Germany's Allianz Group, operating since 2007 when it became the first company to receive Romanian regulatory authorization to launch a private pension division. The company administers three pension funds: AZT Viitorul Tau, a mandatory private pension fund (Pillar II) that is the second-largest in Romania and channels 4.75% of each participant's social insurance contributions into individual accounts; AZT Moderato, a voluntary facultative pension fund (Pillar III) with a moderate risk profile; and AZT Vivace, a voluntary Pillar III fund with a higher risk/return profile. Across the three funds, the company manages over 34 billion RON in net assets for more than 1.7 million participants, representing 3 of the 17 authorized private pension funds in Romania.

Revenue is generated exclusively through recurring monthly asset-based management fees charged on net asset value: 0.14% per month on AZT Moderato and 0.17% per month on AZT Vivace, with no entry, exit, or contribution-based fees. The underlying technology stack is a web-based pension administration platform comprising the 'Contul Meu' (My Account) self-service portal for participants, an employer contribution management application, and electronic document submission for enrollment, transfers, and benefit payouts. Asset custody and transaction processing are handled by BRD - Groupe Societe Generale under a custodian agreement.

The go-to-market is dual-track: a B2B2C employer channel for Pillar III plans (where employer contributions up to EUR 400/year per employee are tax-deductible and used as a talent retention tool) supported by field sales representatives engaging HR and finance functions, alongside a direct-to-consumer digital channel using the online enrollment portal and call center Infoline. Customer identity data is validated against the National Registry of Persons (D.G.E.P.) for KYC and AML compliance. The company is regulated by the Romanian Financial Supervisory Authority (ASF) and operates under Allianz Group's Strategic Agenda 2.0 framework covering service quality, digital transformation, and market expansion.

Name

Allianz-Tiriac Pensii Private

Legal name

Allianz-Tiriac Pensii Private Societate de Administrare a Fondurilor de Pensii Private S.A.

Website

https://aztpensii.ro

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

Allianz-Tiriac Pensii Private is a Romanian private pension fund administrator and subsidiary of Germany's Allianz Group, operating three funds (one mandatory Pillar II, two voluntary Pillar III) with over 34 billion RON in assets for more than 1.7 million participants.

Ownership category

akta.pro rank

Product category

Private Pension Fund Administration

NAICS

Pension Funds (525110), Pension Funds (52511)

SIC

Investment Advice (6282)

akta.pro primary industry

Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)

akta.pro secondary industries

Corporate Retirement Plan Advisory RIAs (ERISA 401(k)/403(b)) (FSAAACAF), Pensions & Retirement Benefits Administration (BPAIAKAA)

Keywords

• Private pension administration
• Mandatory pension fund
• Voluntary pension fund
• Retirement savings management
• Employer pension benefits

Headquarters

HQ city

Sector 1, Bucharest

HQ country

Romania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Pillar III — Facultative Pension Fund Management Fees: Revenue is generated through monthly asset-based management fees charged on the net asset value of facultative pension fund portfolios. Fee rates differ by fund: 0.14% per month for AZT Moderato and 0.17% per month for AZT Vivace. No contribution-based fees are charged.
2. Pillar II — Mandatory Private Pension Fund Management Fees: Revenue from managing the mandatory private pension fund AZT Viitorul Tau (Pillar II), generating fees on the assets under administration. 4.75% of the social insurance contribution is redirected to individual accounts.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Allianz-Tiriac Pensii Private administers three regulated private pension funds in Romania: AZT Viitorul Tau (mandatory Pillar II fund that receives 4.75% of each participant's social insurance contribution), AZT Moderato and AZT Vivace (voluntary Pillar III funds with moderate and higher risk profiles, available with a EUR 400/year employer tax-deductible contribution option). The company charges monthly asset-based management fees on assets under administration and supports individual enrollment, employer-sponsored plans, account management via the "Contul Meu" portal, and payout processing.

Product overview

Allianz-Tiriac Pensii Private operates as a private pension fund administrator managing three distinct pension products: two voluntary pension funds (Pilon III) - AZT Moderato and AZT Vivace - offering supplemental retirement savings with employer and individual contribution options, and one mandatory private pension fund (Pilon II) - AZT Viitorul Tau - which is the second largest Pilon II fund in Romania. The company also provides employer-focused pension plans for voluntary pensions and services for individual account access, payment processing, and fund evolution tracking.

Differentiator

Problem solved

Functional benefit

Brands

• AZT Viitorul Tau: Mandatory privately administered pension fund (Pillar II)
• AZT Moderato
• AZT Vivace

Products and services

• AZT Moderato

Quantifiable outcome

• 34+ billion lei in net assets under administration
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered flagship, core, operational and minor.

• Allianz SE (Grupul Allianz)flagshipStrategic or Co-development Partner · 1 January 2007Allianz-Tiriac Pensii Private is a subsidiary of the German Allianz Group. Allianz SE provides the strategic agenda, global standards, compliance frameworks (BCR Allianz for cross-border data transfers), investment management guidelines, ESG criteria, and access to the Allianz brand. The company operates under Allianz's Strategic Agenda 2.0 built on three pillars: Outperform (service quality), Transform (digital/organizational agility), and Rebalance (market expansion).
• BRD — Groupe Societe Generale S.A.coreOthersBRD — Groupe Societe Generale S.A. serves as the custodian (depozitar) of all pension fund assets administered by Allianz-Tiriac Pensii Private. The custodian bank holds and safeguards fund assets, performs oversight functions, and processes asset transactions on behalf of the fund participants.
• Directia Generala de Evidenta a Persoanelor (D.G.E.P.)operationalTechnology or IntegrationAllianz-Tiriac Pensii Private has signed a contract with D.G.E.P. for the validation and provision of data from the National Registry of Persons (Registrul National de Evidenta a Persoanelor). The purpose is to fulfill legal obligations regarding client identification (KYC), ensure accurate client data, facilitate efficient communication with participants/beneficiaries, and support anti-money laundering and counter-terrorism financing compliance.
• Telekom Romania (pentru InfoLine)minorOthersTelekom Romania provides the telecommunications infrastructure supporting the toll-free InfoLine number 0800 873 674 for Allianz-Tiriac Pensii Private customer support.

Scale indicators5 records

Recent moves2 records

Expansion highlights4 records

Broad incumbents

• Allianz-Tiriac Asigurari: The sister insurance entity within the Romanian Allianz-Tiriac group and the original parent that spawned the pensions division in 2007. Offers broader life and P&C insurance products and shares brand/customer overlap with the pensions business.
• Allianz SE (Allianz Group): Global parent conglomerate and one of the world's largest asset managers and insurers. Operates pension and asset management businesses across Europe and globally, providing strategic frameworks, ESG criteria, and brand equity to the Romanian pensions subsidiary.

Others

• Asociatia pentru Pensiile Administrate Privat din Romania (APAPR): Industry association representing Romania's private pension fund administrators; not a competitor but a direct ecosystem participant and lobbying body that shapes the regulatory environment in which Allianz-Tiriac Pensii Private operates.
• BRD - Groupe Societe Generale: Serves as the sole custodian bank for all pension fund assets administered by Allianz-Tiriac Pensii Private. Listed as an infrastructure/enabling partner rather than a competitor, but a critical counterparty in the company's operating model.

Direct peers

• Generali Pensii Private (Generali Romania): Romanian private pension fund administrator backed by Generali Group, offering Pillar II and Pillar III funds. Comparable as a foreign insurance-conglomerate-backed peer competing for the same Romanian employer-sponsored and individual pension market.
• Metropolitan Life Pensii Private (MetLife Romania): Operates one of Romania's largest Pillar II mandatory pension funds (as part of MetLife's European pension business). Directly competes with Allianz-Tiriac Pensii Private in both mandatory and voluntary pension products under the same ASF regulatory framework.
• NN Pensii (NN Group): One of the leading private pension fund administrators in Romania, operating both Pillar II mandatory and Pillar III facultative funds. Directly comparable to Allianz-Tiriac Pensii Private in product mix, regulatory regime, and target customer base within Romania's private pension system.

Emerging players

• BT Pensii (Banca Transilvania): Emerging Romanian private pension fund administrator backed by Banca Transilvania, leveraging a large domestic banking distribution network. Represents a digital- and distribution-driven challenger to established players including Allianz-Tiriac Pensii Private.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/AllianzRomania
• Facebookfacebook.com/AllianzTiriac
• LinkedInlinkedin.com/company/allianz-tiriac-pensii-private
• Instagraminstagram.com/allianz_tiriac

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allianz-Tiriac Pensii Private