Allianz

www.allianz.com

Allianz Reviews

Updated 30 January 2015
Updated 30 January 2015
117 Reviews
3.8
117 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Allianz CEO Michael Diekmann
Michael Diekmann
46 Ratings

Review Highlights

Pros
  • Very good work life balance, if you're not keen to develop yourself or keep the status quo (in 18 reviews)

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


Cons
  • Work-life balance is fair but fluctuates pretty heavily according to deadlines (in 4 reviews)

  • German colleagues "seem" have an advantage over non Germans, especially when it comes to management positions (in 4 reviews)

More Highlights

Employee Reviews

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

    Fantastic place to work

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

    I have been working at Allianz full-time (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
  2.  

    Great Place to Start A Career In Insurance (UK)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager in Guildford, England
    Former Employee - Project Manager in Guildford, England

    I worked at Allianz full-time (more than 5 years)

    Pros

    - People focused company, genuinely care about their staff
    - Great training opportunities; good quality training offered for almost any aspect of work and management
    - Spend time and resources on management training and are very clear on what is expected of a manager so management are above average in terms of performance
    - Very stable company, don't do 'knee jerk reactions'
    - Clear about values

    Cons

    - Stable organisation to the point of being slow to change
    - Bureaucratic, not dynamic
    - Slow to deal with poor performers
    - Not particularly good payers

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Great People!

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Allianz

    Pros

    Good work/life balance
    Interesting Work
    Friendly Management

    Cons

    Some tasks can become repetitive

    Advice to ManagementAdvice

    Better training for new employees

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great people

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

    I worked at Allianz full-time (more than 10 years)

    Pros

    Friendly people. Excellent support for professional qualifications. Business is growing and respected in the Insurance market. Good benefits package. Great charity supporters.

    Cons

    Work life balance suffers enormously as you are promoted.. Heavy reliance on a few experts means there are huge bottle necks. Providing opportunities for the graduate intake limits career choices for others and often also often results in inexperienced managers who require huge support from their teams which goes unrecognised as they need to hide that others are doing their job.

    Advice to ManagementAdvice

    Change the bonus system. Stop relying on external systems that do not deliver what you need, require huge investment to change anything, cause rework and frustrate the employees. Really look at your people, a lot of talent is unrecognised.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  6. 3 people found this helpful  

    Awful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Commercial Underwriter in Manchester, England
    Former Employee - Commercial Underwriter in Manchester, England

    I worked at Allianz full-time (more than 5 years)

    Pros

    None that that I can think of.

    Cons

    Too many to mention, its was hell.

    Advice to ManagementAdvice

    Jump off the roof

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Great place to work with good organization culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Service Delivery Manager in Guildford, England
    Current Employee - Service Delivery Manager in Guildford, England

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

    Pros

    Good work ethics, Employee friendly, very strong financial base and a strong branding presence

    Cons

    Like in any large organization, its slow to get things done. Plus, the technology used is not always latest.

    Advice to ManagementAdvice

    Keep on the good work!

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Retail Management Trainee in Bristol, England
    Current Employee - Retail Management Trainee in Bristol, England

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

    Pros

    Nice atmosphere, big company, good benefits. A good place to work for someone who has a family as the work life balance is good - most people leave around 5:30.

    Cons

    Some disconnect due to multiple locations - hard to get hold of people. Apart from that, not bad. I would work here again.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Excellent company to work for.

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

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

    Pros

    Working in a global environment has been a great experience for me. I've learned a lot in my 3 years and a lot of that has to do with the diversity of colleagues I have the privilege of working with.

    Cons

    Working in a global environment tends to slow down large scale projects and removes some of the decision making ability from the various regions.

    Advice to ManagementAdvice

    Keep up the good work.

    Recommends
    Positive Outlook
  10.  

    Internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in New York, NY (US)
    Former Employee - Intern in New York, NY (US)

    I worked at Allianz as an intern (less than a year)

    Pros

    Excellent mentorship, overall great experience

    Cons

    Better communication of projects would have helped sometimes

    Advice to ManagementAdvice

    keep doing what you do

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Good part-time opportunity as a student

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

    I worked at Allianz

    Pros

    Great learning experience and generous pay. Canteen is excellent and accessible easily anytime if student at LMU. Very international teams and employees are very open to networking.

    Cons

    At times a bit too conservative. Very slow and bureaucratic when it comes to change.

    Advice to ManagementAdvice

    Keep it up, keep especially the diversity and colorblindness in regards to academic background. Great enrichment of the working place to have people from many different disciplines around.

    Recommends
    Positive Outlook
    Approves of CEO

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