Toxic Environment - Anonymous employee Allianz Employee Review

1.0
13 Oct 2013
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Subsidiary of well capitalized global insurance company with excellent employee benefits such as health insurance and 401k (100% match up to 7.5%).

Cons

New York office is a mess. Senior leadership in United States has created a toxic environment with poor treatment of employees and unethical behavior. Employee turnover is a problem (fired or resigned) over the past 3 years (close to 100% turnover). Two lawsuits have been filed against the company by former US employees in the last 12 months (only 14 employees in NY office). European headquarters is aware but ignoring the problem.

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5.0
17 Jun 2026
Recommend
CEO approval
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Pros

Quick interview process, maternal leave was available before 1 year of employment

Cons

You did have to work at least one day on the weekend.

2.0
17 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Good benefits, hybrid work arrangement is flexible (you can choose your 3 days in office)

Cons

Tenure and friendship is valued more than actual skillsets. Many people in Ops have no formal college education or true technical skills, and have been complacent in the dept for 10+ years. This leads to inefficient and stale processes that are reluctant to change. The culture is extremely passive aggressive and long-tenured employees are not welcoming to new hires from outside of the organization. People will go out of their way to sabotage opportunities for those offering new perspectives with greater value add. This causes forced interactions with low value collaboration. Many in analytical roles do not even understand basic Microsoft Office skills, Excel functions, V/XLOOKUPS, etc. and data is often reviewed manually per line item… This company is run like a low budget mom and pop shop where inefficient and backwards practices are toxically in circulation.

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