AGCS NA is broken - Anonymous employee Allianz Employee Review

1.0
Mar 24, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some employee benefits, however, they are changing and becoming less attractive. Flat structure and the possibility of RIFs only when there is change of strategy. The current policy is focused in promoting women into management roles. The broken processes and procedures give top talent an opportunity to provide value to the organization but wait and read the cons below first before making a judgement call.

Cons

Culture is political and because of a flat org structure promotions are also political. The best person doesn’t necessarily get the promotion and teams are lead by status quo and mediocre individuals. Middle management, such as “Head” roles, are occupied by individuals who lack integrity, ability, and people management skills. They drive their top talent out. Annual assessments follow the same approach and don’t necessarily reflect reality, one sided and the house is not held responsible. A lot of finger pointing and nonsense that I witnessed across the different departments. Where is HR, some ask, no where (paper pushers). On top of this horrible culture then you have the broken processes and procedures that drive staff to the brim of insanity. Failures since 2011 with the global implementation of an outdated middle office system that no one was happy with. This place is not good for morale and management from the top to the bogus middle management is a big contributor to it all. Just look at their large list of open roles, those roles are not new but vacated by people who had enough.

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5.0
Jun 17, 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
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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