Know what you're getting yourself into - Anonymous employee Allianz Employee Review

1.0
Apr 10, 2020
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

AGCS in the US has very good benefits, international presence with offices around the world, people in general are friendly.

Cons

I was at AGCS for a little over 5 years, and it was largely a mess. Years of poor company performance with no pay raises and slashed bonuses, along with massive layoffs and offshoring of certain departments led to low morale and a general sense of apathy from employees. On our quarterly company-wide financial calls people would even be openly calling out executives in the Q&A about the state of the company. In addition to this, there is a huge CYA/political landscape to navigate at AGCS as well. I was encouraged to only communicate via email and not call people in order to have records of everything to cover myself and my department in the future since trust among groups is low. AGCS US has to report to the Germany headquarters, and very often what works for Germany doesn't work for the US and vise versa which just led to gridlock, meetings about meetings, failed multi-year projects with layoffs, and everybody's time being wasted in the end. AGCS is about as corporate and bloated as it gets. The IT and tech is way behind the times as well. This is a company that up until only 2 years ago was still using Lotus Notes as the primary email client.

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5.0
May 8, 2026
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CEO approval
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Pros

Good company with good colleagues and culture

Cons

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3.0
Apr 30, 2026
Recommend
CEO approval
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Pros

The job is not too difficult once you have been there for a while, but either way you will be on the phone all day which can be draining.

Cons

Corporate is constantly nagging at the employees in this position: required calls over important follow ups, adding days in office, constantly looking how long employees are in the office not at results they are driving, pay decreases the past 2 years despite record sales

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