Allianz Reviews

Updated September 11, 2014
Updated September 11, 2014
100 Reviews
3.6
100 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Allianz Chairman of the Board of Management Michael Diekmann
Michael Diekmann
37 Ratings

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)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Great place to be an intern, but would not consider working there full time.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern  in  Golden Valley, MN
    Former Employee - Intern in Golden Valley, MN

    I worked at Allianz

    Pros

    The pay for an intern position was a good rate. I was given a number of responsibilities on a project and was working side by side with senior employees. My input was listened to on the team and regarded well, which may not be the case typically for an intern position in a group with mostly senior employees.

    Cons

    The work place environment seemed to deteriorate during the time that I was there. There was a lack of morale amongst employees which seemed mostly due to a lack of trust in the leadership. Employees seemed bitter about leadership decisions and didn't believe re-organization efforts would benefit the company or fix the root problems.

    Advice to ManagementAdvice

    Invest time into employees so they feel included and heard even during the difficult times.

    Doesn't Recommend
    No opinion of CEO
  2.  

    Structured

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Training Administrator  in  Bucharest (Romania)
    Former Employee - Training Administrator in Bucharest (Romania)

    I worked at Allianz full-time for more than a year

    Pros

    good salary, great career opportunities,

    Cons

    Sometimes rigid and infelxible, management can be quite strict

    Positive Outlook
    No opinion of CEO
  3.  

    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 for more than a 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
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  5.  

    Good

    • 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 as a contractor

    Pros

    Satisfying work nice people t work with

    Cons

    long days / work-life balance not good

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    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 for less than a 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
  7.  

    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 for 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
  8. 1 person found this helpful  

    Fantastic place to work

    • 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 full-time for more than 5 years

    Pros

    Have worked for Allianz for 7 years and cannot speak highly enough of the company. For me it's more than a job, it's somewhere I feel valued and actively enjoy spending time. First and foremost Allianz cares about its people; there are incomparable training and development opportunities for staff and in 7 years I have never once been denied a training request. Wellbeing is a key topic and Allianz allows employees 10 hours paid leave per year to undertake a volunteering activity of their choice. The benefits are excellent; from discounted insurance policies to discounted gym membership, a dry cleaning service on site and numerous other facilities. There is an active Sports and Social club and a robust Reward and Recognition scheme. The culture at Allianz is extremely friendly and many staff have either worked here for years or left and returned to the company - a strong indictment of what a great company it is to work for. The Graduate Schemes are well organised and allow our graduates unrivalled opportunities in training and qualification. Above all, I enjoy coming to work each day and count myself lucky in this respect.

    Cons

    Not always the fastest paced environment to work in.

    Advice to ManagementAdvice

    We have a wonderful company which the majority of employees feel extremely proud to work for. We just need to encourage a more experimentative and innovative culture to ensure we keep pace (or indeed keep ahead) of our competitors.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Probably the best company to work for in Paris

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Claims Adjuster  in  Paris (France)
    Former Employee - Claims Adjuster in Paris (France)

    I worked at Allianz full-time for more than 3 years

    Pros

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

    Cons

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

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    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 for 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
  11.  

    Great Place to Start A Career In Insurance (UK)

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

    I worked at Allianz full-time for more than 5 years

    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

    Recommends
    Neutral Outlook
    Approves of CEO

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