Jobs lost as QBE, Allianz make changes
QBE and Allianz have confirmed organisational changes affecting jobs after the Finance Sector Union flagged proposed redundancies in recent months.
An FSU message to members said QBE proposed in October that up to 49 jobs would be made redundant due to restructuring with 148 roles impacted. Affected areas included the Australia Pacific business and other units, it said.
The union also said Allianz had proposed 61 roles would be made redundant due to cost-cutting and restructuring in areas including claims, change management, consumer and corporate affairs, and governance.
QBE has declined to detail redundancy numbers but has confirmed roles are impacted.
“As we continue to adapt to the evolving external operating environment and internal needs, we’ve made organisational changes in some areas of our AUSPAC business in recent months,” a spokesperson told insuranceNEWS.com.au.
“As part of this shift, some roles have been impacted. These decisions are never made lightly, and we aim to manage any changes thoughtfully and respectfully. We acknowledge the valuable contributions these individuals have made to our business.”
Allianz has also not provided details on numbers and roles, while saying the changes, which happened from October, are not due to technology implementation.
“Allianz recently implemented some organisational changes aimed at simplifying our business, reducing duplications and prioritising resources to support customers,” a spokesperson said.
“Our priority was to offer support to colleagues whose roles were impacted, including identifying redeployment opportunities where available. No customer-facing support roles were impacted.”