At Allianz Life Insurance Company of North America, 91 percent of employees say their workplace is great.

EMPLOYEE RATINGS

     

This review is based on 597 employee surveys, with a 90% confidence level and a margin of error of ± 2.75. It was published on Aug 31, 2016. 21305 Visitors

What Employees Say

I feel good about the ways we contribute to the community.
97%
 
Our facilities contribute to a good working environment.
97%
 
People celebrate special events around here.
94%
 
I am able to take time off from work when I think it's necessary.
93%
 
I'm proud to tell others I work here.
93%
 

What They Do

We asked Allianz Life Insurance Company of North America to explain what they do. Here is what they had to say.

We have been in the business of keeping promises since 1896. We do it by offering innovative annuities and life insurance products that help millions of Americans achieve their financial and retirement goals.  

About this Company

Website: www.allianzlife.com Industry: Financial Services & Insurance
US Headquarters: Golden Valley, Minnesota US Sites: 1
Major Locations: Golden Valley, Minnesota US Employees: 1,802
US Revenues: $11,600 million Worldwide Revenues: $11,600 million
Corporate Structure: Public Stock Symbol: AZSEY
Founded: 1896

Allianz 5k Kids Fun Run

Perks and Programs

We asked Allianz Life Insurance Company of North America to share a few programs they feel really capture what's unique about their workplace. Here is what they had to say.

  • SOAR: SOAR, or Supporting Ongoing Achievement Recognition, is Allianz Life's most popular and anticipated recognition program. It recognizes employees who, by themselves or with others, exemplify the company's culture, core values, and excellent performance. It also acknowledges employees who support our goals and priorities in innovative ways. There are three components to the SOAR program: Monthly SOAR; SOAR Month; and an annual SOAR Day. Each year, more than 180 nominations are submitted to recognize exemplary employees, teams, and departments. The SOAR ceremonies that announce honorees are always filled to capacity.
  • Employee Assistance Funds: Employee Critical Need Fund provides monetary support to employees who are unable to afford basic living expenses because of qualifying circumstances such as natural disasters, life-threatening or serious injuries to an employee or dependent, the loss of life of an employee’s dependent, or other catastrophic events. Allianz Life also offers a Medical Assistance fund. Eligible employees can receive financial assistance for in-network expenses (up to $2,500 for individuals and $5,000 for families, per calendar year) if covered under the Allianz company sponsored health plan. It’s available to both full- and part-time employees.
  • Allianz 5K: Every May, more than 500 people join the annual Allianz True Balance 5K Walk/Run. Participants not only enjoy a day of fitness and family fun, they raise more than $13,000 for Second Harvest Heartland, a local food shelf. 100% of participants’ registration fees contribute to Allianz Life's annual Spirit of Giving campaign.
  • True Balance and V8 Days: True Balance Day allows employees to take up to eight hours of paid time off annually to observe, honor, and/or celebrate diversity, attend an appointment with a financial planner, take part in a community activity, and more. • Volunteer (V8) Day allows employees to take up to eight hours of paid time off annually to volunteer for a nonprofit organization of their choice.
  • Recognition Central: Visibility is an essential part of recognition. Through Recognition Central, our online recognition site, a notification email is automatically sent to the employee(s) and their manager, along with a link to a certificate and any recognition points they receive (1 point = $1). The recognition is also posted to the news-feed on Recognition Central where other employees can “Like” or comment on the recognition.
  • Charitable Giving: Allianz Life actively supports many nonprofit organizations and looks to develop deep relationships with local organizations that align with our values. One thing that is unique to Allianz and a rich part of our culture is our support for employee elected charities. Each year, employees vote for the 4 charitable organizations they want Allianz to support (ie: American Cancer Society, Animal Humane Society, Feed my Starving children, Hopekids). Allianz provides Volunteer (V8) Day which allows employees to take up to eight hours of paid time off annually to volunteer. Through dollars collected and time volunteered, in 2015, Allianz Life has generously donated more than $1.9 million in grants and donations. We are proud to make a difference in our community.

COMPENSATION BY THE NUMBERS

$35,943 Average salary and additional cash compensation for Associate Operations $48,877 Average salary and additional cash compensation for Internal Sales Consultant II
100% 401(k) match of employee's contribution, up to 7.5% of an employee's salary77% Company-paid health coverage for employees (Employees who earn a salary of $50,000/year or more)
76% Company-paid health coverage for dependents (Employees who earn a salary of $50,000/year or more) 77% Company-paid health coverage for part-timers
20 hours Weekly hours required for part-timers to receive health insurance $1,625 College Tuition Reimbursement

COMPENSATION PROGRAMS

  • 401(k)
  • Stock options to employees
  • Restricted stock units to employees
  • Pre-tax savings account
  • Employee stock purchase plan

PERKS TO MAKE LIFE EASIER

  • Free beverages during the day
  • On-site package/mailing service
  • Discount ticket sales
  • Weight watchers meetings
  • Dry cleaning
  • Personal travel service
  • Subsidized lunch on a regular, daily basis
  • Massage therapy
  • Fitness classes
  • Convenience store
  • Banking
  • Subsidized public transportation
Alzheimer's Association Donation

WORK-LIFE BALANCE BY THE NUMBERS

30 days Paid time off after one year of full-time employment 30 days Paid time off after one year of part-time employment
20 days Paid sick days after one year of full-time employment 20 days Paid sick days after one year of part-time employment
4 weeks Paid sabbatical after 10 year(s)

WORK-LIFE BALANCE PROGRAMS

  • Flexible schedule (55% use it)
  • Job sharing
  • Phased retirement planning
  • Telecommute option (15% use it)
  • Compressed work weeks (2% use it)

FAMILY CARE BY THE NUMBERS

60 days Job-protected maternity leave35 days Fully-paid maternity leave (does not include personal vacation or paid time off)
20 days Average length of maternity leave new mothers take60 days Job-protected paternity leave
20 days Fully-paid paternity leave (does not include personal vacation or paid time off)12 days Average length of paternity leave new fathers take
$2,500 Adoption benefit60 days Job-protected parental leave for adoptive parents
20 days Fully-paid parental leave for adoptive parents (does not include personal vacation or paid time off)
*Employees are not required to use all their personal paid time off before taking parental leave. All employees are eligible for parental leave benefits.

FAMILY CARE PROGRAMS

  • Onsite child care (only at headquarters)
  • Childcare reimbursement during business travel
  • Elder care resources
  • On-site or near-site backup childcare center
  • Lactation room(s)
  • Paid sick leave to care for a child or relative

HEALTH INSURANCE COVERS

  • Medical care
  • Vision care
  • Mental health care
  • Fertility treatments
  • Dental care
  • Prescription drug subsidy
  • Alternative treatments (such as acupuncture, homeopathy, or chiropractic)

ONSITE HEALTH BENEFITS

  • Breast cancer screening
  • Blood pressure screening
  • Complete biometric screening
  • Subsidized offsite gym memberships
  • Cholesterol tests
  • Flu shots
  • Fitness center (only at headquarters)

Community Involvement & Philanthropy

8 hours Paid time off to volunteer $1,603,000 Philanthropic donations in last year

Diversity

  • Formal programs support professional development for: Under-represented racial/ethnic minority groups; Women; Lesbian, gay, bisexual or transgender employees
  • 18 events a year connect employees with peers from different racial/ethnic, religious or country-of-origin identities
  • Married employees in same-sex or heterosexual relationships receive the same benefits
  • Non-birth parents in same-sex relationships can take parental leave

Executive Diversity

 
Spirit of Giving - Human Chain

Demographics

 
Spirit of Giving

How to Get Hired

We asked Allianz Life Insurance Company of North America for some inside information on how to get hired at the organization. Here is what they had to say.

What key characteristics tell you a prospective employee will be a great fit for your company?

We set the tone for a prospective employee's employment experience by recruiting talent that is consistent with our core values. We seek candidates that are skilled but yet fit into our unique culture; a culture that is inclusive, innovative, industry leading, focused on strengthening the customer experience, and where doing the right thing comes naturally. We promote an environment that develops talent, seeks excellence, encourages smart risks, and recognizes and rewards people for their performance.

What can prospective employees do to get your attention?

Prospective employees can network with members of the Talent Acquisition team, employees, and/or our Employee Resource Group members.  We have a high percentage of hires from our employee referral network.  Having an updated profile on professional social media channels (i.e. LinkedIn) can help us find you. Visiting us at career fairs can also be effective as well as expressing interest through our corporate careers page.

Are there any positions or types of candidates you are particularly focused on hiring in this coming year?

Allianz actively sources candidates with technical expertise in Actuarial, Investments, Sales, Marketing, Operations, Information Technology, Finance, Legal, and Human Resources.

What should interested candidates do to find out more and get started?

Interested candidates can learn more about us by visiting our corporate careers page for current open positions, creating a candidate profile, and setting up automatic job notifications.  We also invite you to network with the Talent Acquisition team, employees, and/or our Employee Resource Groups.

hiring Outlook

563 Job openings forecast for coming year 6% Job Growth
13 Average applicants per opening 8,717 Applications received
609 Positions filled in past year 21% New hires by employee referrals
148 New positions created 209 Jobs filled by current employees
Yes Recruits on college campuses 56 New graduates hired
10% Voluntary turnover for full-time employees 4% Voluntary turnover for part-time employees
* All figures refer to 12-month period prior to reporting, unless otherwise noted.

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