European Parent Killed this US Insurance Company - Sales Agent Allianz Employee Review

2.0
24 Jul 2014
Recommend
CEO approval
Business outlook

Pros

Clients are spectacular and there's always something new. Solid financially. Good support from underwriters.

Cons

Sales mgmt keeps thinking they have a better mouse trap untried in the 100 years of its existence. Sales commissions dropping like a dead bird in flight. Zero chance of promotions if you are not the favored person new mgmt hired. Practically all of the seasoned executives have departed. Average agent income has dropped 50% in past four years while co makes money hand over fist due to no insurance losses. Short term solution that will come back to haunt those that are dumb enough to stick around. Co fond of hiring outside of industry in a space that is highly specialized. Bad formula.

Explore other reviews about Allianz

5.0
17 Jun 2026
Recommend
CEO approval
Business outlook

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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