Allianz Global Risks
3.2 of 5 10 reviews
www.allianzglobalrisks.com Burbank, CA 150 to 499 Employees

Allianz Global Risks Reviews

Updated Jan 20, 2014

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3.2 10 reviews

                             

0% Approve of the CEO

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Wolfgang Schatz

(3 ratings)

63% of employees recommend this company to a friend
10 Employee Reviews
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Quirky company but overall a satisfying experience

Anonymous Employee (Current Employee)
Los Angeles, CA

I have been working at Allianz Global Risks

Pros-Interesting clients
-Talented / highly educated employees
-Training/Development is frequently offered
-Great benefits package
-High performance is recognized

Cons-Employee diversity not recognized or celebrated
-Employee morale is generally low
-Brand awareness continues to be low in the U.S. despite Allianz being among the Fortune 50 global companies
-Change is constant and reasons "why" are rarely communicated
-Annual bonus calculation is a smoke & mirrors game
-Uninspiring Senior Management

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Global Company with good benefits/compensation

Anonymous Employee (Former Employee)

I worked at Allianz Global Risks

ProsBenefits, compensation, Paid time off are second to none.

ConsLack communication from Management to employees, no employee development. Company sets technology back 30 years.

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Good People

Anonymous Employee (Current Employee)
Chicago, IL

I have been working at Allianz Global Risks

ProsFriendly coworkers, comfortable environment, convenient location.

ConsNo clear path to next career step

Yes, I would recommend this company to a friend

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2 people found this helpful  

Very stressful environment but with the recession, people are dealing with it.

Assistant (Current Employee)
Chicago, IL

I have been working at Allianz Global Risks

ProsThe people are nice and we support each other. We want to see Allianz succeed despite the poor moral.

ConsManagement does not manage. They slink around and keep low profiles. They rule by fear and do not buck the German way.

Advice to Senior ManagementStand up for your beliefs. Management should be leaders. Germany is not god. Do not be afraid of them. BTW Wolfgang Schatz is gone.

No, I would not recommend this company to a friend

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Good People, Horrible HR and Management

Anonymous Employee (Current Employee)
Chicago, IL

I have been working at Allianz Global Risks

ProsThe staff at Allianz is great. For the most part, everyone gets along well and respects one another. The benefits and pay is also pretty good.

ConsThe management at this company is a joke and the HR department is extremely unethical. Our Senior Management is arrogant and ignorant and would be unqualified for similar positions at other companies. They have been promoted just because they are yesmen and buddies with the boys in Munich. If you are a woman, do not expect to get very far. This is a German organization so if you are not a man, you are getting their coffee.

Advice to Senior ManagementThere is no advice to give except to replace them with qualified people who will not overspend and run the company into the ground.

As an aside, Wolfgang Schatz is no longer the CEO of this company. The new CEO is an embarrassment.

No, I would not recommend this company to a friend

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Allianz Global Coroporate and Specialy (formerly Allianz Global Risks)

Anonymous Employee (Current Employee)
Chicago, IL

I have been working at Allianz Global Risks

ProsThe finance organization is a very fun and close knit group. There are at least 2 full day social events per year and also quarterly meetings with a few hours of social event tossed in. The company is very stable and secure. The company is very generous with travel around the world if you want to.

ConsThere are some questionalble promotions. Since this place was basically built by poaching people from other insurance companies, they hired those who could not advance at prior firms. Thus, many of the managers, although very competent workers, are terrible managers in terms of managing, hiring the right people, organizing and delegating tasks, and fairness to all employees under their watch.

Advice to Senior ManagementManagement has made this a very good, fun place to work. Salarys seem competitve, and there are very often town hall and other social events. The company definately cares about its people and show it.

Yes, I would recommend this company to a friend

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Allianz - Worst company to work for

Anonymous Employee (Current Employee)
Chicago, IL

I have been working at Allianz Global Risks

ProsThis company offers great benefits.

ConsThis company is the worst company to work for. They do not treat their employees with dignity and respect nor do they promote work life balance. There are no opportunities for growth within this organization, management can treat its employees bad and if employee reports this to HR nothing is done about it. There is such a hostile and stressful work environment where there are many employees that are out with illnesses contributed to the stress from this company. Unfortunately management does not care.

Advice to Senior ManagementManagement needs to treat its employees better by offering incentives for a job well done. This is how you get the most out of your employees and they perform better by giving quality work.

No, I would not recommend this company to a friend

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Great company for a mobile employee

Anonymous Employee (Current Employee)
Toronto, ON (Canada)

I have been working at Allianz Global Risks full-time for more than 5 years

ProsIt is a good company to work for, you can easily get a job somewhere else - another country - lots of opportunities in a growing company.

ConsVery dependant on head office and therefore very limited in the decisions locally.

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

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used to be a lot better, too many changes in upper management

Anonymous Employee (Current Employee)

I have been working at Allianz Global Risks

Prospeople, strength, independence, reliable, solid organization

Consflat organization, too many projects

Yes, I would recommend this company to a friend

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Great place to work

Anonymous Employee (Current Employee)

I have been working at Allianz Global Risks

ProsThey treat the employees well.

ConsCan be internally focused at times.

Advice to Senior ManagementI do not have any advice for management

Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Allianz Global Risks reviews and ratings — including employee satisfaction and approval rating for Allianz Global Risks CEO Wolfgang Schatz. All 10 reviews posted anonymously by Allianz Global Risks employees.