Allianz Reviews

Updated 25 August 2014
Updated 25 August 2014
98 Reviews

3.6
98 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Allianz Chairman of the Board of Management Michael Diekmann
Michael Diekmann
36 Ratings

Review Highlights

Pros
  • Very good work life balance, if you're not keen to develop yourself or keep the status quo (in 17 reviews)

  • Decent salary plus very good variable pay which is up to you to make (in 5 reviews)


Cons
  • If you're a dynamic individual that knows how to leverage your skills into different areas of the business, you can easily overcome that obstacle (in 3 reviews)

  • German colleagues "seem" have an advantage over non Germans, especially when it comes to management positions (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Didnt like it!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Allianz full-time for more than a year

    Pros

    Trainig was good for starting out in the industry. Most the staff was friendly until you get to management.

    Cons

    Much of a 'who you know' culture. Systems were horrible and pay was below industry average.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Excellent Employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Working Student  in  Munich (Germany)
    Current Employee - Working Student in Munich (Germany)

    I have been working at Allianz as a contractor for more than a year

    Pros

    Clear developmental path with clear roles and responsibilities. It is also very easy to meet seniors and listen to their ideas in an informal way. This ia an excellent place for anyone interested in professional development

    Cons

    A bit difficult to get a full time job after internship. Since it is a holding company it is difficult to become an FTE

    Advice to ManagementAdvice

    Make it easier for recent graduates to get FTE/Entry positions after their tenure as interns.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Allianz as a contractor

    Pros

    Satisfying work nice people t work with

    Cons

    long days / work-life balance not good

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager  in  Chicago, IL (US)
    Former Employee - Project Manager in Chicago, IL (US)

    I worked at Allianz full-time for more than a year

    Pros

    Exposure to many systems and a good chance to practice formal Project Management methodology.

    Cons

    Matrix reporting structure, in business units, confusing at first.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great company, very bureaucratic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Allianz as an intern

    Pros

    The company looks after their own

    Cons

    It's very top-heavy / bureaucratic

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Great international group with many opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Controller  in  Munich (Germany)
    Current Employee - Senior Controller in Munich (Germany)

    I have been working at Allianz full-time for more than 3 years

    Pros

    Diversity and focus on talent development and retention increasing

    Cons

    Complexity and lack of clear group strategy and targets

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Fantastic place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Guildford, England (UK)
    Current Employee - Anonymous Employee in Guildford, England (UK)

    I have been working at Allianz full-time for more than 5 years

    Pros

    Have worked for Allianz for 7 years and cannot speak highly enough of the company. For me it's more than a job, it's somewhere I feel valued and actively enjoy spending time. First and foremost Allianz cares about its people; there are incomparable training and development opportunities for staff and in 7 years I have never once been denied a training request. Wellbeing is a key topic and Allianz allows employees 10 hours paid leave per year to undertake a volunteering activity of their choice. The benefits are excellent; from discounted insurance policies to discounted gym membership, a dry cleaning service on site and numerous other facilities. There is an active Sports and Social club and a robust Reward and Recognition scheme. The culture at Allianz is extremely friendly and many staff have either worked here for years or left and returned to the company - a strong indictment of what a great company it is to work for. The Graduate Schemes are well organised and allow our graduates unrivalled opportunities in training and qualification. Above all, I enjoy coming to work each day and count myself lucky in this respect.

    Cons

    Not always the fastest paced environment to work in.

    Advice to ManagementAdvice

    We have a wonderful company which the majority of employees feel extremely proud to work for. We just need to encourage a more experimentative and innovative culture to ensure we keep pace (or indeed keep ahead) of our competitors.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Probably the best company to work for in Paris

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Claims Adjuster  in  Paris (France)
    Former Employee - Claims Adjuster in Paris (France)

    I worked at Allianz full-time for more than 3 years

    Pros

    They offer great compensation, benefits and career opportunities. Not to mentoin that this is one of the hottest insurance company on the market.

    Cons

    The environment is not great. You have to make the trip to La Defense every day and it can be a pain.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    God awful.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Underwriter  in  Alpharetta, GA (US)
    Current Employee - Senior Underwriter in Alpharetta, GA (US)

    I have been working at Allianz full-time for more than 8 years

    Pros

    Ability to work remote for some. Generally pays bonus.

    Cons

    Production pressure bordering on harassment. Low authority for underwriters and underwriters are lowest class of employee with do it all yourself with awful systems. Onus is on line underwriters to make up for general disorganization and poor management. Lots of set up for failure.

    Advice to ManagementAdvice

    If you don't already know what's wrong you are the problem.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Super international place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst  in  Munich (Germany)
    Current Employee - Business Analyst in Munich (Germany)

    I have been working at Allianz full-time for more than 3 years

    Pros

    Good work life balance, good compensation, super diverse and great colleagues. Great package especially when based in Germany.

    Cons

    Slow moving, risk averse organization. Sometimes too German centered. German colleagues "seem" have an advantage over non Germans, especially when it comes to management positions.

    Recommends
    Neutral Outlook
    No opinion of CEO

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