MINNEAPOLIS--(BUSINESS WIRE)--Allianz Life Insurance Company of North America (Allianz Life®) today announced that it has been named to the 2018 Fortune 100 Best Companies to Work For list for the seventh consecutive year, earning its best ranking since joining the list. Allianz Life is number 40 on the list, moving up 60 spots from 2017. In the 2018 edition, Allianz Life was recognized for offering its employees generous benefits and recognition programs as well as a direct connection to company leadership. The company currently employs 2,225 employees nationwide, with approximately 1,800 located at its main corporate campus in Minneapolis.
“We are honored to again receive this recognition from Fortune,” said Allianz Life President and CEO Walter White. “At Allianz Life, we strive to create a culture where every employee is valued, respected, and given the opportunity to reach their full potential. We know that our success as a company depends on the success of our employees.”
Allianz Life consistently maintains its focus on employee engagement. The company believes that high engagement directly leads to good customer experiences. As one of four Minnesota companies that made the list, Allianz Life was recognized as a company leader for the amount of paid time off it gives employees as well as the additional benefits that employees receive to support their well-being, both at work and outside of it. Some of these benefits include college scholarships for children of employees, paid time off for caregivers of newborns, adopted children, and aging parents, as well as reimbursement for gym memberships.
Allianz Life was also recognized for outstanding employee recognition programs. The company holds an annual recognition ceremony that gives employees “red carpet” treatment and also holds on-site events throughout the year featuring concerts, a 5k run/walk, and outdoor games in its courtyard.
In addition to the recognition from Fortune, Allianz Life has received several other honors in the past year.
- Named a top workplace by the Star Tribune (Minneapolis) for the eighth consecutive year.
- Ranked as one of Working Mother magazine’s 100 Best Companies for the fourth consecutive year.
- Ranked in Training magazine’s Training Top 125 for the fifth year in a row.
- Named by the Human Rights Campaign Foundation as a Best Place to Work for LGBTQ Equality for the second consecutive year.
Fortune partners with Great Place to Work® and results are based on survey responses from more than 310,000 employees rating their workplace culture on 50-plus elements of the workplace. These include trust in managers, compensation, fairness, camaraderie and workplace traits linked to innovation. The ranking accounted for the experiences of all employees including women, people of color, LGBTQ individuals, older team members, and disabled employees.
This year marks the 21st anniversary of the FORTUNE 100 Best Companies to Work For list. To see the full list of the 2018 FORTUNE 100 Best Companies to Work For, click here.
About Allianz Life Insurance Company of North America
Allianz Life Insurance Company of North America, one of FORTUNE’s 100 Best Companies to Work For® in 2018, has been keeping its promises since 1896. Today, it carries on that tradition, helping Americans achieve their retirement income and protection goals with a variety of annuities and life insurance products. In 2017, Allianz Life provided a total of $2.7 billion in benefit payments that supported policyholders’ financial objectives. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry with 142,000 employees in more than 70 countries worldwide. More than 85 million private and corporate customers rely on Allianz knowledge, global reach, and capital strength to help them make the most of financial opportunities.
About The FORTUNE 100 Best Companies To Work For®
Great Place to Work based its ranking on a data-driven methodology applied to anonymous Trust Index™ survey responses from more than 310,000 employees at Great Place to Work-Certified organizations with more than 1,000 employees. To learn more about Great Place to Work Certification and recognition on Best Workplaces lists published with FORTUNE, visit Greatplacetowork.com.