Pros
This operating entity of Allianz says it is attempting a major culture shift. Top leadership wants to focus on customer centricity, innovation & technical competence, diversity and employee well being. 401k is generous, and vested after 3 years. Vacation time is generous. Relocation to global positions is encouraged.
Cons
Competence of execution is significantly lacking in technology and UW areas. Fear rules; longterm employees have survived by not asking clarifying questions. Leadership has not yet acknowledged the 'iron triangle' of Speed, Cost, and Quality; they do not seem to understand they only get to pick two. Employees are often jaded or frightened. Layoffs of what are believed to be overpaid employees in the western US are ongoing, but positions remain open for months in the mid West and Eastern states.
