Allianz

  www.allianz.com
  www.allianz.com

Allianz Reviews

Updated 18 November 2014
Updated 18 November 2014
108 Reviews
3.8
108 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Allianz CEO Michael Diekmann
Michael Diekmann
43 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)

  • the same down sides as with all publicly listed companies and multi nationals - a little short term orientated, but still better than competition (in 3 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. 2 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.  

    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 an 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. 1 person found this helpful  

    Great place to work, but some modern wave is required!

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

    I worked at Allianz full-time (more than 3 years)

    Pros

    friendly environment, great support from management to develop your career, very respectful. Exchange within the Group is a good chance to learn different aspects from the insurance industry as Allianz not only offers life insurance but also non-life insurance and asset management solutions.

    Cons

    salary is not that competitive, slow decision making and aging technology.

    Recommends
    Approves of CEO
  10.  

    Auditor of Internal Audit. Allianz Ukraine

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Auditor of Internal Audit in Kiev (Ukraine)
    Current Employee - Auditor of Internal Audit in Kiev (Ukraine)

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

    Pros

    Supportive, European minded team, high European standards of doing business, good control environments

    Cons

    Due to the strict standards and European pricing policy and risk management is hard to compete in Ukrainian market.

    Advice to ManagementAdvice

    Take as much out of the approach and standards, and requirements of the Head Office as possible.

    Recommends
    Negative Outlook
  11.  

    Great internship experience

    Former Employee - Intern in Munich (Germany)
    Former Employee - Intern in Munich (Germany)

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

    Pros

    Great office culture, great support by team members and great learning experience.

    Cons

    Location outside of city center but awesome building and awesome facilities, so I'm not even sure it's a con:) Big group, red tape could prove hard to deal with sometimes

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