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.  

    Leader in insurance

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

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

    Pros

    Multicultural working environment; many different departments and businesses offer the chance to change job within company and have very broad view on industry; family -friendly company; good work-life balance; very competent employees; very competent senior management

    Cons

    Sometimes politics stands in the way of common sense; middle management is weak

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Worth serving the company

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

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

    Pros

    Supportive and good support from peers

    Cons

    transparency of work/news is worst

    Advice to ManagementAdvice

    Keep the information delegated to the team underneath at regular intervals, especially interms of tough times.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Good, however geared more towards soon to be retirees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Solution Engineer  in  Novato, CA (US)
    Current Employee - IT Solution Engineer in Novato, CA (US)

    I have been working at Allianz full-time

    Pros

    Flexible hours, good work-life balance, great for individuals with families, good 401(k) match - the best I received from anywhere else, telecommute, low pressure, onsite gym,

    Cons

    Not great for single individuals because the benefits are more crafted for individuals with families, heavily outsourced, minimal learning opportunities, process heavy, compensation not competitive with market, lack of fresh ideas

    Recommends
    No opinion of CEO
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  5.  

    Unique experience that gave me meaningful exposure to the general insurance industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - German Desk Intern  in  Shanghai, Shanghai (China)
    Former Employee - German Desk Intern in Shanghai, Shanghai (China)

    I worked at Allianz as an intern for less than a year

    Pros

    I worked in the Shanghai office of the General Insurance business of Allianz. It was a unique experience - Allianz is undoubtedly one of the biggest insurers in the world, but Shanghai office is new and growing. It gave me a unique entrepreneurial experience in a major global firm. I enjoyed the exposure to both sides.

    Cons

    I got the internship through family connection, so it was not a formal internship program. As a result, the internship was not very structured. I didn't feel fully challenged during the internship. However, my direct manager went a long way to ensure that I was doing well. That guidance and attention was helpful.

    Advice to ManagementAdvice

    Can't think of anything in particular

    Recommends
    Neutral Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    Isolating environment and bureaucratic.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Manager
    Former Employee - Account Manager

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

    Pros

    -Clean Office
    -Access to on-site gymnasium.
    -Professional environment
    -Great HR department.

    Cons

    -low pay, company focuses on looks (building, image), not employee salary.
    -more bureaucratic than my previous role in government.
    -Micromanagement is incredibly huge component of company structure and roles.

    Advice to ManagementAdvice

    Train employees and allow them to be empowered in their roles, instead of making them struggle through constant feedback and inconsistent work processes.

    Doesn't Recommend
    Neutral Outlook
  7.  

    Allianz Bank Italy

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Allianz

    Pros

    The boss was kind and responsive.

    Cons

    Not enough work led to boredom at work.

    Advice to ManagementAdvice

    Provide abundant and meaningful work to employees.

  8. 2 people found this helpful  

    Finance BI Intern

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

    I worked at Allianz as an intern for less than a year

    Pros

    - Provides a good knowledge of insurance market
    - Currently having a deep digital transformation

    Cons

    - Former french AGF culture : highly hierarchical and political environment
    - Work atmosphere highly affected by IT issues regarding both ops and change management

    Doesn't Recommend
    Positive Outlook
  9.  

    nice, appreciative colleagues with good work-life balance

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

    I worked at Allianz full-time

    Pros

    collaborative environment, across functions. Open-minded mgmt and communicative.

    Cons

    depending on the manager you report to, you either get a good mentor or not.

    Advice to ManagementAdvice

    -

    Recommends
    Positive Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Was a very good experience, unfortunately had some management with other agenda that kept truth from other offices.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Technician  in  Dallas, TX (US)
    Former Employee - Account Technician in Dallas, TX (US)

    I worked at Allianz full-time for more than 5 years

    Pros

    Flexible shifts, good pay, good benefits.

    Cons

    Management promotions based not on performance or experience.

    Advice to ManagementAdvice

    You consolidated, yet stuck with lease on empty floor space, the closed center had best record for processing and time and many are still out of work due to your closure. We were lied to over and over even when asked directly about the future of our positions. You had the most experienced, dedicated staff in the closed center.

    Recommends
    Neutral Outlook
  11. 1 person found this helpful  

    Unfair, poor- skilled, discriminatory management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Portfolio Manager  in  Vienna (Austria)
    Former Employee - Portfolio Manager in Vienna (Austria)

    I worked at Allianz full-time for more than 5 years

    Pros

    Very good work life balance, if you're not keen to develop yourself or keep the status quo. Could be also enhancing if you work at junior level

    Cons

    The senior management lacks of vision, skills and in depth understanding for a forward looking approach. Highly unfair, discriminatory treatment at work, if you're a woman.

    Doesn't Recommend
    Neutral Outlook

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