Complete lack of leadership - Sr. Portfolio Manager Allianz Employee Review

2.0
26 June 2025
Recommend
CEO approval
Business outlook

Pros

Flexible working arrangements, ok perks (transit, jobrad, egym, discounts, etc), Nothing special.

Cons

Complete lack of leadership. Management has no idea what they want, constantly changing directions, no strategic thoughts, just reactionary CYA moves. Zero ability to think critically or to invovate. No desire to change, "That's the way we've always done things' may as well be the company motto. Treats 'high' salaries as an excuse to treat people terribly, but then refuses to update those salaries so they just get eaten by inflation. No data, no insight, just whatever the highest paid person in the room thinks, which is usually very outdated and wrong.

Explore other reviews about Allianz

5.0
17 June 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 June 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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