Allianz Reviews

Updated 14 October 2014
Updated 14 October 2014
102 Reviews
3.8
102 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Allianz Chairman of the Board of Management Michael Diekmann
Michael Diekmann
40 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.  

    Good, stable, conservative company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Controller in Lisbon (Portugal)
    Current Employee - Financial Controller in Lisbon (Portugal)

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

    Pros

    Excelent work environment, great team, solid company.

    Cons

    Rigid company, pressure to meet deadlines affects your work-life balance. Promotions are not in the line.

    Advice to ManagementAdvice

    More support for personal growth.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Structured

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Training Administrator in Bucharest (Romania)
    Former Employee - Training Administrator in Bucharest (Romania)

    I worked at Allianz full-time (more than an year)

    Pros

    good salary, great career opportunities,

    Cons

    Sometimes rigid and infelxible, management can be quite strict

    Positive Outlook
    No opinion of CEO
  3.  

    Excellent Employer

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

    I have been working at Allianz as a contractor (more than an year)

    Pros

    Clear developmental path with clear roles and responsibilities. It is also very easy to meet seniors and listen to their ideas in an informal way. This ia an excellent place for anyone interested in professional development

    Cons

    A bit difficult to get a full time job after internship. Since it is a holding company it is difficult to become an FTE

    Advice to ManagementAdvice

    Make it easier for recent graduates to get FTE/Entry positions after their tenure as interns.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    I was working at Allianz as a sales representative.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Representative in Berlin (Germany)
    Former Employee - Sales Representative in Berlin (Germany)

    I worked at Allianz full-time (less than an year)

    Pros

    Great colleagues, who will try to help you out, if necessary; interesting trainee programme; excellent education, which is paid for; different opportunities for a career

    Cons

    Because of high pressure to hit sales targets a lot of stress; selling insurance to clients who do not need one, just to hit targets; lack of communication; working many hours a day to sell insurances, learn for tests and attend meetings

    Advice to ManagementAdvice

    Change focus from quantitative to qualitative selling

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  6.  

    Good

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

    I have been working at Allianz as a contractor

    Pros

    Satisfying work nice people t work with

    Cons

    long days / work-life balance not good

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager in Chicago, IL (US)
    Former Employee - Project Manager in Chicago, IL (US)

    I worked at Allianz full-time (more than an year)

    Pros

    Exposure to many systems and a good chance to practice formal Project Management methodology.

    Cons

    Matrix reporting structure, in business units, confusing at first.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great international group with many opportunities

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

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

    Pros

    Diversity and focus on talent development and retention increasing

    Cons

    Complexity and lack of clear group strategy and targets

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Great company, very bureaucratic

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

    I have been working at Allianz as an intern

    Pros

    The company looks after their own

    Cons

    It's very top-heavy / bureaucratic

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Super international place to work

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

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

    Pros

    Good work life balance, good compensation, super diverse and great colleagues. Great package especially when based in Germany.

    Cons

    Slow moving, risk averse organization. Sometimes too German centered. German colleagues "seem" have an advantage over non Germans, especially when it comes to management positions.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Progressive, employee friendly organization

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Technician in Saint Louis, MO (US)
    Current Employee - Account Technician in Saint Louis, MO (US)

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

    Pros

    Benefits, flexibility, vacation, flex time, my manager

    Cons

    Employees tend to have the "inside scoop" on things that should be private especially in regard to coworkers

    Advice to ManagementAdvice

    Be a little more discreet and confidential

    Recommends
    Positive Outlook
    Approves of CEO

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