Allianz Reviews

Updated July 27, 2015
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3.0
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Allianz CEO Oliver Bäte
Oliver Bäte
2 Ratings

Pros
  • Very good work life balance, if you're not keen to develop yourself or keep the status quo (in 18 reviews)

  • Flexible shifts, good pay, good benefits (in 5 reviews)

Cons
  • Work-life balance is fair but fluctuates pretty heavily according to deadlines (in 4 reviews)

  • German colleagues "seem" have an advantage over non Germans, especially when it comes to management positions (in 4 reviews)

More Pros and Cons

49 Employee Reviews

Sort: Popular Rating Date
  1. Finance

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

    I worked at Allianz (More than 3 years)

    Pros

    Good working environment, enjoy working there.

    Cons

    I like it so far until downsizing


  2. Administration

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Newport Beach, CA
    Current Employee - Anonymous Employee in Newport Beach, CA

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

    Pros

    Benefits are great, and start the day you start. Nice people for the most part.

    Cons

    Too many managers play favorites and fraternize with people looking to get ahead (and they usually do), lack of integrity in upper management. HR is of no help at all and rules are different for everyone--all depends on if you are a member of their little "club".

    Advice to Management

    Feedback given several times over by many employees for several years. Nothing changes and nothing is really anonymous like they say it is. They talk a big talk, but it is all a smokescreen.


  3. Basic job

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

    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


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Changing company

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

    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.


  6. Helpful (4)

    IT at Allianz

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

    I have been working at Allianz full-time (More than 5 years)

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

    Pros

    Does everything at a large scale and currently is globalizing topics; Very often working on the forefront of technology and trying to constantly improve; always challenging the status quo; working with top tier suppliers

    Cons

    Extremely bureaucratic processes that slow everything down while at the same time senior management put a lot of pressure on organization to speed up; very political place; does not care about long-term talent development, rather brings in people from external


  7. Helpful (2)

    Good, however geared more towards soon to be retirees

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Solution Engineer in Novato, CA
    Current Employee - IT Solution Engineer in Novato, CA

    I have been working at Allianz full-time

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Flexible hours, good work-life balance, great for individuals with families, good 401(k) match - the best I received from anywhere else, telecommute, low pressure, onsite gym,

    Cons

    Not great for single individuals because the benefits are more crafted for individuals with families, heavily outsourced, minimal learning opportunities, process heavy, compensation not competitive with market, lack of fresh ideas


  8. Helpful (4)

    Was a very good experience, unfortunately had some management with other agenda that kept truth from other offices.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Technician in Dallas, TX
    Former Employee - Account Technician in Dallas, TX

    I worked at Allianz full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Flexible shifts, good pay, good benefits.

    Cons

    Management promotions based not on performance or experience.

    Advice to Management

    You consolidated, yet stuck with lease on empty floor space, the closed center had best record for processing and time and many are still out of work due to your closure. We were lied to over and over even when asked directly about the future of our positions. You had the most experienced, dedicated staff in the closed center.


  9. Helpful (4)

    Even Steven

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Technician in Chicago, IL
    Current Employee - Account Technician in Chicago, IL

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

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

    Pros

    -Great Benefits -People make the company -Good work/life balence -Fair in their assessments

    Cons

    -Hard to move / Constant hiring freezes -Strict budgets lead to cut backs -Leadership unwilling to listen -Pay not a good as it could be

    Advice to Management

    Listen to what your workers have to say and deliver when you say you will. Better explanations with company direction. Invest in IT infrastructure to make workers more productive.


  10. Helpful (3)

    Great Company, Department needs improvement...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Annuity New Business Case Manager in Golden Valley, MN
    Former Employee - Annuity New Business Case Manager in Golden Valley, MN

    I worked at Allianz full-time (More than a year)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

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

    Cons

    The 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 Management

    Less 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.


  11. Helpful (4)

    Your run-of-the-mill corporate experience.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive General Adjuster in Chicago, IL
    Current Employee - Executive General Adjuster in Chicago, IL

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

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

    Pros

    Good pay, decent benefits. Some fun people work here.

    Cons

    Profit sharing and 401(k) matching are 0% vested until 3 years of service. Cubicle life for everyone without a senior manager title. Most cubicles have 1.5 walls and "0" privacy. IT systems are a complete joke. Restrictions on travel and other expenses are over the top.

    Advice to Management

    Respect your employees more. Invest in IT.



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