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Allianz Reviews

Updated 26 April 2015
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Employee Reviews

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  1. Friendly and international work environment

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

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Colleagues were nice, cooperative and responsible. An international work environment, where my colleagues came from many different countries from around the world. Nice, bright and spacious office, even for interns. My direct manager was smart, helpful and accommodating, and I had flexible working hours as an intern. I learnt a lot on my job here.

    Cons

    As in any large MNC, politics were always present, but it was bearable if you stayed out of it. No full time position was available for me in my department after graduation, so I left. It would have been nice to stay but that's how things are.

    Advice to Management

    It seems there is a tendency to hire externally vs. internally. Do not make empty promises to your employees that you cannot keep.

  2. Basic job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Services Associate in Golden Valley, MN (US)
    Former Employee - Customer Services Associate in Golden Valley, MN (US)

    I worked at Allianz

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Cafeteria, co workers, benefits, great parties, awesome work life balance

    Cons

    Management, outdated systems, training, they fail to train you properly and then jump to reprimand you when you do something wrong. Recognition is not common. You are not creating any money for the company working in the call center, so there is little to no patience for mistakes.

    Advice to Management

    Invest more in training and coaching, that can make a world of difference for a new employee with great potential

  3. Fantastic Flexibility

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales and Service Associate in Brisbane (Australia)
    Current Employee - Sales and Service Associate in Brisbane (Australia)

    I have been working at Allianz full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Flexible Work Hours For Base level Position.
    Work From Home Options Available.

    Cons

    Base Pay on the Low side

    Advice to Management

    Keep up with industry salary standards and you will retain more staff

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  5. Views of an expat working in the Munich HQ

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

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

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    The scope of the group is very broad and there are very bright, conceptually driven strong colleagues to work with in Munich and very practical, commercial people to work with in the various operating companies around the world. Connecting the two takes energy, however! Having said that, the strength of the group is in its operating entities (OE's in Allianz speak) and there is enough autonomy for them to do the right thing.

    Cons

    The overlapping responsibilities in Munich are a recipe for paralysis, especially when allied to the toxic gossip culture reinforced by 3-5 day a week 1-1 scheduled lunch meetings and a very very German hierarchical style. Another issue is that people are seldom fired but can get shoved from project to project - many seem to view it as a comfortable landing point and are happy to wait their time out. This contributes to a civil service culture that is change averse. It also means that many of the people are massively over-qualified for what they are actually doing day to day - more reasons for creating mischief and the "sweet smell of unnecessary work".

    Advice to Management

    Should address spans of responsibility in the SE, especially by slimming down the number of departments. Also there should be a real effort made to encourage diversity by national origin - forced rotation of people out of Munich and aggressive placing of mid-level people across the world. Fewer Germans/Swiss/Austrians on the board would be a start!

  6. Nice place to work - large company - many policies

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

    I worked at Allianz part-time (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    - much responsibility given
    - opportunity to work on my own project
    - productive working atmosphere

    Cons

    - payment could be more competitive (at least for student employees / working students)

  7. Helpful (1)

    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)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    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 Management

    Keep up the good work.

  8. Unless your a member of the good ol boys club...

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

    I worked at Allianz

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    They have nice amenities, clean environment, steady hours if you are a regular employee and not a temp employee. Holidays and weekends off.

    Cons

    Difficult to work your way into regular employee status, low paying as a temp employee. Feel every day like it may be the last day of an income. Benefits are poor and very expensive.

    Advice to Management

    Learn to be better to your employees. Equality goes a long way. Offer better benefits. Give people the chance to grow.

  9. Changing company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative in San Diego, CA (US)
    Current Employee - Customer Service Representative in San Diego, CA (US)

    I have been working at Allianz

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great benefits, large asset management company with financial support from parent company

    Cons

    Unclear as the the path the company is takings as they try to rebrand itself.

  10. B.A.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Business Analyst in Istanbul (Turkey)
    Current Employee - Senior Business Analyst in Istanbul (Turkey)

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

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Social events
    Easygoing managers
    Reputation
    Health insurance
    Non restrictive manamegement

    Cons

    Low salary
    Bad managers
    Unqualified personnel
    No methodology during work
    Undefined scope

  11. Internship

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Excellent mentorship, overall great experience

    Cons

    Better communication of projects would have helped sometimes

    Advice to Management

    keep doing what you do

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