Allianz Reviews

Updated 11 September 2014
Updated 11 September 2014
100 Reviews
3.6
100 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Allianz Chairman of the Board of Management Michael Diekmann
Michael Diekmann
37 Ratings

Review Highlights

Pros
  • Very good work life balance, if you're not keen to develop yourself or keep the status quo (in 17 reviews)

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


Cons
  • 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 (in 3 reviews)

  • German colleagues "seem" have an advantage over non Germans, especially when it comes to management positions (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    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 for less than a 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
  2.  

    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 for more than a 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
  3.  

    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 for 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
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  5.  

    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
  6.  

    Probably the best company to work for in Paris

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Claims Adjuster  in  Paris (France)
    Former Employee - Claims Adjuster in Paris (France)

    I worked at Allianz full-time for more than 3 years

    Pros

    They offer great compensation, benefits and career opportunities. Not to mentoin that this is one of the hottest insurance company on the market.

    Cons

    The environment is not great. You have to make the trip to La Defense every day and it can be a pain.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    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 for 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
  8. 1 person found this helpful  

    God awful.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Underwriter  in  Alpharetta, GA (US)
    Current Employee - Senior Underwriter in Alpharetta, GA (US)

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

    Pros

    Ability to work remote for some. Generally pays bonus.

    Cons

    Production pressure bordering on harassment. Low authority for underwriters and underwriters are lowest class of employee with do it all yourself with awful systems. Onus is on line underwriters to make up for general disorganization and poor management. Lots of set up for failure.

    Advice to ManagementAdvice

    If you don't already know what's wrong you are the problem.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    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 for more than a 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
  10.  

    Good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Technical Analyst  in  Thiruvananthapuram (India)
    Current Employee - Senior Technical Analyst in Thiruvananthapuram (India)

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

    Pros

    Work-life balance.
    Stress-free work
    Good pay for experienced person
    short term onsite
    Good for those who joined with better CTC, every year get 7-10% hike.

    Cons

    Not good for starting your career here, less exposure on technologies.

    Recommends
    Positive Outlook
  11.  

    Internship at Allianz SE for a six months period.

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

    I have been working at Allianz as an intern for less than a year

    Pros

    Colleagues are really nice and supportive. Good work life balance. Compensation is good. Working environment is not bad.

    Cons

    Sometime it takes longer time to execute a new project.

    Recommends
    Positive Outlook
    Approves of CEO

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Allianz headquarters
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