Allianz Reviews in Germany

Updated September 7, 2014
Updated September 7, 2014
102 Reviews
3.8
102 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Allianz CEO 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

21 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    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
  2.  

    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
  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 (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.  

    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
  6.  

    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 (less than an 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
  7.  

    Good place to start

    • 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 (less than an year)

    Pros

    Large 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.

    Cons

    The 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.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Leader in insurance

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

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

    Pros

    Multicultural 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

    Cons

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

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    wonderfull

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

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

    Pros

    Best place to work. Excellent managers to work.

    Cons

    none I can think of. Salary could be higher.

    Recommends
    Approves of CEO
  10.  

    Intern

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

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

    Pros

    Multicultural and team working environment, good work-life balance, you get in touch with all the other interns and working students during a "student lunch" organised every 2 weeks, but also with upper management with a monthly department lunch

    Cons

    No job opportunities at an entry-level position, rough competition concerning the intern position (only 2 positions available each year), long "quiet period" during summertime

    Recommends
    Neutral Outlook
  11.  

    truely international company

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

    I worked at Allianz as an intern (less than an year)

    Pros

    global, multicultural, very professional, great work-life balance in Munich, great reputation

    Cons

    burocratic, sometimes a bit slow, need for more communicative management, firm is so big there might be competition between departments within the company for a same project

    Advice to ManagementAdvice

    empowerment for the employees, need for more communicative management, firm is so big there might be competition between departments within the company for a same project

    Recommends
    Neutral Outlook
    Approves of CEO

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