Allianz Insurance Reviews

Updated March 15, 2015
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3.6
17 Reviews
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Employee Reviews

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  1. Good while it lasted

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

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

    Pros

    Co-workers where a blast to work with and the atmosphere was fun when it needed to be.

    Cons

    way to many changes, as soon as u get used to one thing, they change it again

    Recommends
    Negative Outlook
    Approves of CEO
  2. AGCS: Another version of Fireman's Fund: In a word: Mismanaged.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Underwriter in Atlanta, GA
    Former Employee - Senior Underwriter in Atlanta, GA

    I worked at Allianz Insurance full-time (more than 8 years)

    Pros

    Bonus and benefits fairly standard. Not much more to say as this was the worst work experience of my 25+ year career.

    Cons

    Zero technology. No underwriting support staff.. a few heavily overworked policy issuers at a remote location. Thug management all well known to each other and self protecting ( some poorly educated ). See Fireman's Fund reviews for similar comments re AGCS. Not trustworthy..be careful what you share with whom especially your manager. Marketing department is 100% waste foisted on the backs of production underwriters.

    Advice to ManagementAdvice

    Retire. You are the biggest problem. If you were real leaders you wouldn't have had to pad your ranks with cronies. Germany is probably still unaware.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 1 person found this helpful

    Job security good, but undervalued if you work in claims

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

    I worked at Allianz Insurance

    Pros

    The people I worked with were great and had a lot of respect for the senior management. Job security is high and company is very highly regarded globally. Good benefits and they are open to assisting with work-life balance.

    Cons

    Claims staff are undervalued and overworked. Staff engagement is mediocre. Middle management create an inner circle culture and people who speak up are generally excluded. They can be very short sighted being too obsessed with numbers. There is a very clear division between underwriting and claims even at board level.

    Advice to ManagementAdvice

    Invest more time and money into your claims staff, they are not just numbers and make a very real difference to your bottom line. Avoid using the stability of the company as an excuse for the fact that staff engagement is low. Nobody comes home from work and says "I love my job, it's so secure..."

    Doesn't Recommend
    Positive Outlook
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  5. Great Experience

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

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

    Pros

    Great experience, learn about insurance accounting which is the hardest accounting in all industries. Somewhat organized, and fun. Some of the best people I met

    Cons

    very hard to be promoted

    Advice to ManagementAdvice

    revise compensation and promotion policies

    Recommends
    Positive Outlook
    No opinion of CEO
  6. Ok for starters

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Claims Controller in Manchester, England (UK)
    Current Employee - Claims Controller in Manchester, England (UK)

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

    Pros

    - Good people
    - Confident execs
    - Excellent outlook and future plans
    - If in a main office such as Birmingham or Bristol good career progression
    - Reasonable offices
    - Flexible working in place - excellent place for parents
    - Very good benefits

    Cons

    - Old systems, new ones dont work 100% - frustrating and can lose valuable man hours
    - Some middlemanagement stuck in their ways - silo based mentality
    - Unfair wages. Reward is being worked on but a lot still feel unfairly treated.

    Advice to ManagementAdvice

    Look after your people

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 1 person found this helpful

    Allianz, A great place to work.

    Current Employee - Senior Software Test Engineer in Thiruvananthapuram (India)
    Current Employee - Senior Software Test Engineer in Thiruvananthapuram (India)

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

    Pros

    Employee friendly and the attitude of the management towards the employees are very good.

    Cons

    Salary hike is minimal for the employees of lower salary band. This is only issue i found in this company.

  8. 1 person found this helpful

    Supportive in all aspects - career and home life.

    • 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 Insurance full-time (more than 10 years)

    Pros

    Lots of training and career development opportunities. Fabulous at supporting family life and a work life balance - open to flexible working arrangements.

    Cons

    Salaries not great. Parking limited at Head Office.

    Recommends
    Positive Outlook
    Approves of CEO
  9. Good prospects and training

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Guildford, England (UK)
    Current Employee - Anonymous Employee in Guildford, England (UK)

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

    Pros

    Lots of opportunity to move internally
    Excellent benefits
    Good on-site facilities at Head Office

    Cons

    Slow to innovate
    Heavily process driven

    Recommends
    Neutral Outlook
    Approves of CEO
  10. Balanced work with a family

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Trainee Actuarial Assistant in Colombo (Sri Lanka)
    Former Employee - Trainee Actuarial Assistant in Colombo (Sri Lanka)

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

    Pros

    There is a good multinational exposure.
    Employees and CEO is very friendly and nice.

    Cons

    Compensation and rewards are too small.
    Company should value the graduates more who are having considerable level of qualifications. otherwise they tend to leave the company even though the company is well reputed one.

    Advice to ManagementAdvice

    Value the employees more

    Recommends
    Neutral Outlook
    Approves of CEO
  11. Allianz Brazil

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Officer in São Paulo, São Paulo (Brazil)
    Current Employee - Officer in São Paulo, São Paulo (Brazil)

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

    Pros

    The CEO is worried about the balance between working and professional employee's life.

    Cons

    There are some old school people that do not accept changes.

    Advice to ManagementAdvice

    Be prepare for the future and renovate with people with energy to work.

    Recommends
    Positive Outlook
    Approves of CEO

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