Great Company, Department needs improvement... - Annuity New Business Case Manager Allianz Employee Review

3.0
Jun 10, 2013
Recommend
CEO approval
Business outlook

Pros

The Company itself was great, great benefits, great cafeterias (choice of two), great training and self improvement opportunities.

Cons

The particular department I was in or the company, I'm not sure which...promoted people without degrees because it was cheaper. Advanced degrees and outside the company work experience were not recognized for promotions. This may sound as if I was passed up for a promotion...but I wasn't I never applied for anything as nothing of interest to me was posted. Hiring is on the downward slide due to poor annuity business. In the 2 years I was there, I had 3 managers, none had previous management experience or degrees. This lead to poor management, immaturity and teams without direction.

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5.0
Jun 17, 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
Jun 17, 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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