Very political, extremely unfair - Associate Allianz Employee Review

1.0
Jul 24, 2020
Recommend
CEO approval
Business Outlook

Pros

Work-life balance is good. Salaries are hard to grow but overall if you negotiate very hard you can get a fair compensation (nothing spectacular)

Cons

It is a highly political company, where meritocracy which used to be one of the motto comes second. There is a plan to promote a certain amount of women over a defined period which is also embedded in the targets of the management, this means men are highly discriminated and promotions are given to friends of friends or for diversity reason. Many good people have left the organisation which leaves you with a "lemon market" as poor people are promoted and good people leave. I definitely do not recommend the company. This is also bad for women as promoting a woman just to have a quota gives the impression that none of them are actually promoted because they are good at what their doing. The environment is pretty toxic even if it looks very friendly on the surface.

Explore other reviews about Allianz

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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