Allianz
3.3 of 5 80 reviews
www.allianz.com Munich, Germany 5000+ Employees

Allianz Reviews

Updated Mar 26, 2014
All Employees Current Employees Only

3.3 80 reviews

                             

89% Approve of the CEO

Allianz Chairman of the Board of Management Michael Diekmann

Michael Diekmann

(27 ratings)

68% of employees recommend this company to a friend
80 Employee Reviews
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Good place to start

Business Analyst (Current Employee)
Munich (Germany)

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

ProsLarge company, mobility inside the group is guaranteed. Managers are willing to listen to the employees. Company values are well expressed.
Allianz employees have access to a wide range of benefits.

ConsThe internal bureaucratic procedures can be tiring and can slow down fast actions: being a large and old company, some functions could be redesigned.
Work-life balance is fair but fluctuates pretty heavily according to deadlines.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Leader in insurance

Senior Risk Manager (Current Employee)
Munich (Germany)

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

ProsMulticultural 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

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

Yes, I would recommend this company to a friend

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1 person found this helpful  

Good, however geared more towards soon to be retirees

IT Solution Engineer (Current Employee)
Novato, CA (US)

I have been working at Allianz full-time

ProsFlexible 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,

ConsNot 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

Yes, I would recommend this company to a friend

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

German Desk Intern (Former Employee)
Shanghai, Shanghai (China)

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

ProsI 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.

ConsI 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 Senior ManagementCan't think of anything in particular

Yes, I would recommend this company to a friend

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2 people found this helpful  

Isolating environment and bureaucratic.

Account Manager (Former Employee)

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

No, I would not recommend this company to a friend

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Allianz Bank Italy

Anonymous Employee (Former Employee)

I worked at Allianz

ProsThe boss was kind and responsive.

ConsNot enough work led to boredom at work.

Advice to Senior ManagementProvide abundant and meaningful work to employees.

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2 people found this helpful  

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

Account Technician (Former Employee)
Dallas, TX (US)

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

ProsFlexible shifts, good pay, good benefits.

ConsManagement promotions based not on performance or experience.

Advice to Senior ManagementYou 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.

Yes, I would recommend this company to a friend

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Finance BI Intern

Anonymous Employee (Former 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

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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nice, appreciative colleagues with good work-life balance

Anonymous Employee (Former Employee)

I worked at Allianz full-time

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

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

Advice to Senior Management-

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

Lots of unhappy people.

Senior Underwriter (Current Employee)
New Orleans, LA (US)

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

ProsAbility to work remote occasionally or full time for some.

ConsArrogant, dull management. Cliques, favorites, and newly hired offspring of leaders likely to reign…the rest have tire marks on their backs. Many underwriters left or leaving. Emphasis on diversity is just lip service..company is getting whiter and even hiring white relatives.

Advice to Senior ManagementDon't ask and don't listen is not a good policy. Playing not to lose is not playing to win. Strategy seems mostly like flailing from pillar to post.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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