There are newer employer reviews for Allianz Life
There are newer employer reviews for Allianz Life

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Great place to work

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Intern - Anonymous Intern in Golden Valley, MN
Former Intern - Anonymous Intern in Golden Valley, MN

I worked at Allianz Life as an intern (Less than a year)

Recommends
Neutral Outlook
Approves of CEO
Recommends
Neutral Outlook
Approves of CEO

Pros

The management was very helpful

Cons

The annuity market is pretty stagnant

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  1. Helpful (3)

    Bad management, no growth opportunity

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Minneapolis, MN
    Former Employee - Anonymous Employee in Minneapolis, MN

    I worked at Allianz Life full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    - Good cafeteria and childcare within campus

    Cons

    - Managers get promoted either based on their background as producers or for political reasons. The result is an organization with leaders who don't know how to manage and have no interest in finding out
    - Annuities market is very stagnant and has an uncertain future
    - The flat structure of the company makes it very difficult to advance in your career. There is often nowhere to go
    - Take "Top companies to work for" awards cautiously, as there is a team whose job is specifically to ensure that the company gets added to those lists for PR reasons


  2. Helpful (1)

    Political

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Internal Sales in Golden Valley, MN
    Former Employee - Internal Sales in Golden Valley, MN

    I worked at Allianz Life full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Great benefits, lots of PTO and Holidays. 8 hour workdays, everyday. Lots of training and help available. Company takes pride in volunteering and helping good causes.

    Cons

    Not a true sales position. No metrics to truly measure sales ability or pay compensation. Commission structure has made it harder to make money. Products have steadily declined, commissions to agents have decreased resulting in SLOW business. So much gray area on how 'sales' are tabulated.

    Advice to Management

    Try to recapture the fun culture for your sales team. Encourage the basketball shooting and the ping pong playing, don't ban it. The type of people you attract with that atmosphere will have the personality and the drive to put you back to #1 instead of continuing your plummet down the annuity rankings.


There are newer employer reviews for Allianz Life
There are newer employer reviews for Allianz Life

See Most Recent

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