Allianz Life Reviews | Glassdoor

Allianz Life Reviews

Updated September 1, 2017
157 reviews

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4.4
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Allianz Life President & CEO Walter White
Walter White
68 Ratings

157 Employee Reviews

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Pros
  • Community involvement and many other great benefits (in 17 reviews)

  • Productive environment, nice building, a lot of good benefits (in 12 reviews)

Cons
  • Difficult to move out of call center even if you have an advanced degree (in 3 reviews)

  • There are no cons I can think of (in 4 reviews)

More Pros and Cons

  1. "Sr. Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Director in Minneapolis, MN
    Current Employee - Senior Director in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Allianz Life full-time (More than 10 years)

    Pros

    Great opportunities and challenging work! Amazing 401K and other strong employee benefits. Love that we are a strong advocate for our community (lots of volunteer and give back opportunities).

    Cons

    None! This is a great company to work for!


  2. "Excellent place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Allianz Life full-time

    Pros

    7.5% 401k match
    Subsidized cafeteria
    Onsite daycare

    Cons

    Not enough cons to speak of.

  3. "Sr. Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Director in Minneapolis, MN
    Current Employee - Senior Director in Minneapolis, MN
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Allianz Life full-time (More than 10 years)

    Pros

    Opportunities for advancement, development and financial rewards. Culture makes it a great p,ace to work.

    Cons

    Base pay could be higher.

    Advice to Management

    Thank you.


  4. "Operstions Business Analyst Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Allianz Life full-time

    Pros

    Culture and ability to set your own goals

    Cons

    Pays less than other interns

    Advice to Management

    You're doing great!


  5. "Really is a great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Allianz Life full-time

    Pros

    Executives are transparent about goals and results.
    Staff across the organization team well on projects.
    People recognized for good work.

    Cons

    A lot of the jobs are outsourced so entry-level is limited.


  6. Helpful (1)

    "Great company, Industry Leader"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Product Analyst in Minneapolis, MN
    Current Employee - Senior Product Analyst in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Allianz Life full-time (More than 5 years)

    Pros

    Allianz Life is the industry leader in FIA's. They have amazing talent and innovation in products, processes, and sales. The retirement marketplace has just begun to realize how great of a product offering these are (now that they're no longer 2 tier products). It will have a bright future in this space.
    They are part of a global entity which is good and bad. Pro - It will always have a top financial rating backed by risk conscious policies.
    Great Leadership - From the director level and above it's tough to find a leader who isn't great. It is a top heavy organization where leaders are asked to work as well as lead. The executive team is top notch.
    This company has an average long tenure for employees for a reason.

    Cons

    All the big insurance players now realize FIA's are taking a bigger share of the insurance marketplace. There will be increasing competition in the years to come.
    They are part of a global entity which is good and bad. Con - Products are priced conservatively to meet financial targets and to always be able to meet the promises made to consumers. This can create challenges for sales at times.

    Advice to Management

    Continue: Leading by example and empowering employees. Maintain your great reputation and that of the company.
    Consider changes: Speed to market is slow at some points along the process. Relationships of our customers can be more important than quick reactions to market changes that lead to product/rate changes. Use prudence in decision making.


  7. "Some bad apples"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Approves of CEO

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

    Pros

    Good overall culture. Most people are great to work with. Solid company financially.

    Cons

    Some of upper leadership in IT is so focused on their own success that they step all over each other and their people. Makes for an unhealthy environment if you are under one of these bad apples.

    Advice to Management

    Don't allow the bad apple leaders to stay. Tell them to straighten up, or get out.

  8. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Allianz Life full-time (More than 10 years)

    Pros

    Company is very stable and provides lots of opportunities

    Cons

    Not all leaders believe in workflex. They talk the talk, but are really stuck in old fashioned ideas about workflex.

    Advice to Management

    Create consistent workflex standards that leaders must follow. They will tell HR to their face that they are fully on board with workflex...but they are not!


  9. "Great company with a few big flaws"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Minneapolis, MN
    Current Employee - Financial Analyst in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Allianz Life full-time (More than 5 years)

    Pros

    -Very high 401k match.
    -Lots of holidays and vacation time.
    -Executives are very approachable and hands on.
    -High visibility opportunities.
    -On site daycare, free parking, 2 cafeterias and great facilities.
    -Community involvement and many other great benefits.

    Cons

    -Work/life balance tends to be poor.
    -Career coaching and promotions are terrible and inconsistent. VERY slow to promote people within.
    -Culture varies greatly between departments.
    -Can only roll over 1 week of vacation time every year.
    -HR is not accommodating or helpful at all, especially in cases of taking medical leave.
    -Slow to implement change.
    -Lower than average industry pay.

    Advice to Management

    Take employee feedback seriously. Not everyone can be pleased all the time, but often after surveys communication is distributed to basically tell employees why they should stop complaining and that things aren't so bad without offering any improvements.


  10. "Allianz Life"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Allianz Life full-time

    Pros

    Flexible hours and decent management

    Cons

    Pay is under average compared to competitors


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