Assistant Underwriter in Lancaster
Good benefits but high stress environment for little pay
As an Assistant Underwriter for the existing business team; the Benefits are great such as cheaper insurance, free eye tests, occassional free meals and depending on your manager you may be able to progress much quicker than others. The training is very in depth over 8 weeks but to progress you need to take multiple exams and are expected to spend at least 3 hours a day outside work to revise/study. The job consists mostly of telling brokers no due to business processes and awkward conversations with your brokers will be part of your life here. Taking calls and making decisions are abusive aspect of the job but they always say it isn't a call centre. Management were very cliquey in my office and certain exceptions were made for some within the cliques but not for others. With COVID, working from home has been difficult with limited contact with colleagues and having to get things agreed via a chat rather than over the phone, hopefully things do improve once things start going back to normal.I did enjoy the team I worked with and the atmosphere of the office, every now and then we would get a free domino's and there are multiple teams for wellbeing, mental health and other lifestyle activities. The Christmas party and summer party (Pre Covid) were always great as well.Overall I wouldn't recommend a friend nor would I return to Allianz but I did enjoy most of my time here, I just wasn't happy with the progression map and high stress environment with no bonus incentives and a lower rate of pay than all other brokers/insurers.
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Good place to work
-Allianz is a great company to work for. They treat their customers well and employees are also given a great package. Managers work well within teams.