Allianz Life Reviews | Glassdoor

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Allianz Life Reviews

Updated January 8, 2018
163 reviews

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4.1
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Allianz Life President & CEO Walter White
Walter White
72 Ratings

163 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 15 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. "Interesting company that has plenty of opportunities and challenges"

    StarStarStarStarStar
    • 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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great culture of giving back to the community and excellent opportunities to collaborate with international colleagues.

    Cons

    Professional development and coaching were lacking, very challenging to be new and to feel comfortable expressing opinions/views.

    Advice to Management

    More cross-functional projects will help new employees learn the corporate structure and where to find resources/assistance, as well as reinvigorating unmotivated senior employees who are looking for new challenges in a safe environment.

  3. "Internal Retirement Consultant"

    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

    employee benefits, location, work/life flexibility, valid comp packages

    Cons

    comp can change on a quarterly basis, promotions mostly based on how social you are with others

    Advice to Management

    more transparency between upper and lower management,


  4. "CSR"

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

    I have been working at Allianz Life full-time (More than a year)

    Pros

    Time Off, Medical, 401K, Health

    Cons

    When to take it off, Customer are Dificult

    Advice to Management

    NA


  5. "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.


  6. Helpful (1)

    "Toxic Environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Manager in Golden Valley, MN
    Former Employee - IT Manager in Golden Valley, MN
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Allianz Life full-time (More than 3 years)

    Pros

    - Benefits, salary and facilities are above avg.
    - Long tenure for those that schmooze and play passive aggressive well. Stay below manager level and your good

    Cons

    Strong level of entitlement by Leaders and employees that have been their 10+ years causing laziness and slow level of progress. IT, Product and Operations Sr Leadership act like children. They fight, bully and backstab nonstop to protect their jobs. Don't ever go to HR about inappropriate behavior, especially about Directors + above because you'll be quickly escorted out the door.

    Everyone has a spouse, sibling or is related some how

    Advice to Management

    Stop protecting each other and do what's right and get rid of the bad Leaders and bad behaviors. Starting with the C level and VPs.


  7. "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.

  8. "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!


  9. "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.


  10. 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.


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