Allianz

  www.allianz.com
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Allianz Reviews

Updated Jul 16, 2014
All Employees Current Employees Only

3.4 93 reviews

91% Approve of the CEO

Allianz Chairman of the Board of Management Michael Diekmann

Michael Diekmann

(33 ratings)

69% of employees recommend this company to a friend

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)

93 Employee Reviews
Relevance Date Rating
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    • Culture & Values
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    Probably the best company to work for in Paris

    Claims Adjuster (Former Employee) Paris (France)

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

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

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

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    • No Opinion of CEO

     

    Super international place to work

    Business Analyst (Current Employee) Munich (Germany)

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

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

    Yes, I would recommend this company to a friend

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    Great Place to Start A Career In Insurance (UK)

    Project Manager (Former Employee) Guildford, England (UK)

    Pros- People focused company, genuinely care about their staff
    - Great training opportunities; good quality training offered for almost any aspect of work and management
    - Spend time and resources on management training and are very clear on what is expected of a manager so management are above average in terms of performance
    - Very stable company, don't do 'knee jerk reactions'
    - Clear about values

    Cons- Stable organisation to the point of being slow to change
    - Bureaucratic, not dynamic
    - Slow to deal with poor performers
    - Not particularly good payers

    Yes, I would recommend this company to a friend

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    Great People!

    Anonymous Employee (Former Employee)

    ProsGood work/life balance
    Interesting Work
    Friendly Management

    ConsSome tasks can become repetitive

    Advice to Senior ManagementBetter training for new employees

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    Good company

    Senior Technical Analyst (Current Employee) Thiruvananthapuram (India)

    ProsWork-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.

    ConsNot good for starting your career here, less exposure on technologies.

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

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    Internship at Allianz SE for a six months period.

    Financial Analyst (Current Employee) Munich (Germany)

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

    ConsSometime it takes longer time to execute a new project.

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

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    Great people

    Team Leader (Former Employee)

    ProsFriendly people. Excellent support for professional qualifications. Business is growing and respected in the Insurance market. Good benefits package. Great charity supporters.

    ConsWork life balance suffers enormously as you are promoted.. Heavy reliance on a few experts means there are huge bottle necks. Providing opportunities for the graduate intake limits career choices for others and often also often results in inexperienced managers who require huge support from their teams which goes unrecognised as they need to hide that others are doing their job.

    Advice to Senior ManagementChange the bonus system. Stop relying on external systems that do not deliver what you need, require huge investment to change anything, cause rework and frustrate the employees. Really look at your people, a lot of talent is unrecognised.

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

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    1 person found this helpful  

    Didnt like it!

    Anonymous Employee (Current Employee)

    ProsTrainig was good for starting out in the industry. Most the staff was friendly until you get to management.

    ConsMuch of a 'who you know' culture. Systems were horrible and pay was below industry average.

    No, I would not recommend this company to a friend

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    Good place to start

    Business Analyst (Current Employee) Munich (Germany)

    ProsLarge company, mobility inside the group is guaranteed. Managers are willing to listen to the employees. Company values are well expressed.
    Allianz employees have access to a wide range of benefits.

    ConsThe internal bureaucratic procedures can be tiring and can slow down fast actions: being a large and old company, some functions could be redesigned.
    Work-life balance is fair but fluctuates pretty heavily according to deadlines.

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

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    • Approves of CEO

     

    Leader in insurance

    Senior Risk Manager (Current Employee) Munich (Germany)

    ProsMulticultural working environment; many different departments and businesses offer the chance to change job within company and have very broad view on industry; family -friendly company; good work-life balance; very competent employees; very competent senior management

    ConsSometimes politics stands in the way of common sense; middle management is weak

    Yes, I would recommend this company to a friend

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