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Allianz
3.3 of 5 45 reviews
www.allianz.com Munich, Germany 5000+ Employees

Allianz Reviews

Updated Jun 10, 2013
All Employees Current Employees Only

3.3 45 reviews

                             

81% Approve of the CEO

Allianz Chairman of the Board of Management Michael Diekmann

Michael Diekmann

(16 ratings)

72% of employees recommend this company to a friend
45 Employee Reviews
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Great place to work with good organization culture

Service Delivery Manager (Current Employee)
Guildford, England

I have been working at Allianz full-time for more than 7 years

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

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

Advice to Senior ManagementKeep on the good work!

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

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Good

Retail Management Trainee (Current Employee)
Bristol, England

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

ProsNice 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.

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

Yes, I would recommend this company to a friend

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Great Company, Department needs improvement...

Annuity New Business Case Manager (Former Employee)
Golden Valley, MN (US)

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

ProsThe Company itself was great, great benefits, great cafeterias (choice of two), great training and self improvement opportunities.

ConsThe particular department I was in or the company, I'm not sure which...promoted people without degrees because it was cheaper. Advanced degrees and outside the company work experience were not recognized for promotions. This may sound as if I was passed up for a promotion...but I wasn't I never applied for anything as nothing of interest to me was posted. Hiring is on the downward slide due to poor annuity business. In the 2 years I was there, I had 3 managers, none had previous management experience or degrees. This lead to poor management, immaturity and teams without direction.

Advice to Senior ManagementLess meetings and special projects for management so that they can address personnel issues and training. Don't delegate personnel issues to team members without the experience or education to mentor others. Hire project management specialists to run projects rather than management that should be managing employees and the department.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great and fair place to work for

Business Management Intern (Former Employee)
Munich (Germany)

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

Pros- international experience
- global corporation

Cons- quite bureaucratic
- quality of the job is fairly dependent on the team

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

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Don't work for this company, at least not in the US.

Anonymous Employee (Former Employee)

I worked at Allianz full-time for more than 8 years

ProsThe company in the US finally has a vision that positions the lines of businesses to go to market as a single entity.

ConsPoor systems and overall IT infrastructure
Some managers are incompetent and shouldn't be managing people. In certain circumstances, they have an "in" with the good ol boys" club, allowing them to be managers

Advice to Senior ManagementGet rid of the good ol' boys club and position people based on their true skills. The current set up cab be demoralizing and zap employees' energy.

No, I would not recommend this company to a friend

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Join here only if you have no better opportunity

Manager (Current Employee)
Thiruvananthapuram (India)

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

ProsThe people are excellent. The front line staff is very helpful and cheerful and very hard working. The cab facility is excellent there is a good work life balance if you are part of a business division

ConsCorporate functions is like a sweat shop. You work tirelessly without reward. HR managers are not helpful at all and have poor leadership qualities. Working for the BPO is the best as the head is a nice person, very helpful and is a strong leader as are the heads of the other business division.
Pantry food can be better

Advice to Senior Managementlook at the attrition rise and introspect as to the actual reasons, some of the managers hired are not upto the mark

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

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Personal Review

Associate Project Manager# (Current Employee)
Thiruvananthapuram (India)

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

ProsGood Life Work Balance
Great Place to Work

ConsNo growth as other companies

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

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Good to be at a Captive unit. Have felt the touch of being a part of best in industry company.

Technical Analyst- Server Operations (Current Employee)
Thiruvananthapuram (India)

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

ProsBeing a part of a company like Allianz is a good experience. Awesome experience if interested in cultural activities, arts and Sports.

ConsThe management is taking out many advantages of being a global company.

Advice to Senior ManagementSpend more for employee benefit than on branding.

Yes, I would recommend this company to a friend

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10 Years

Project Manager (Current Employee)
Munich (Germany)

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

Pros- you see a lot
- you become responsible quite fast
- very stable company

Cons- the stability comes at a price
- too many ex-consultants become managers without knowing the business or ever having see an actual customer

Advice to Senior Management- be more honest with each other internally
- improve on informal talent development

Yes, I would recommend this company to a friend

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An authentic experience

Human Resources Manager (Current Employee)
Minneapolis, MN (US)

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

ProsThe people really practice the company credo of "be true in everything you do". Not only are the people authentic, but they are caring, considerate, intelligent, positive, and great to work with.

ConsWhile the organization is HUGE globally, there may be limited opportunities in some career paths depending on your willingness and ability to move around. 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.

Advice to Senior ManagementKeep on doing what you're doing. It's a great place to work!

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

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