Allianz

  www.allianz.com
  www.allianz.com

Allianz Reviews

Updated December 14, 2014
Updated December 14, 2014
110 Reviews
3.8
110 Reviews
Rating Trends

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Approve of CEO
Allianz CEO Michael Diekmann
Michael Diekmann
43 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)

  • German colleagues "seem" have an advantage over non Germans, especially when it comes to management positions (in 4 reviews)

More Highlights

Employee Reviews

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  1. 1 person found this helpful  

    ??

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Minneapolis, MN
    Current Employee - Anonymous Employee in Minneapolis, MN

    I have been working at Allianz

    Pros

    Allianz SE is a great company trying to make presence in the US. I enjoy being a part of that. Allianz Life needs a lot of work, but I believe it's headed in the write direction. It could be an exciting time for the company.

    Cons

    Lack of technology. Allianz Life is way behind the times in technology and it inhibits growth.

    Advice to ManagementAdvice

    Invest more money in technology and hiring top talent.

    No opinion of CEO
  2. 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
  3.  

    working experience in GBSN

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Allianz

    Pros

    good working environment, friendly people, very helpful supervisor. a moderate company which provide a good ground for junior to learn a lot of and gain a lot of hand on experiences. Great working culture and strong bonding between colleagues.

    Cons

    Since it is a moderate company in size, the system is not as well developed yet, a lot of maintenance on going which often slow down working progress.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Auditor of Internal Audit. Allianz Ukraine

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Auditor of Internal Audit in Kiev (Ukraine)
    Current Employee - Auditor of Internal Audit in Kiev (Ukraine)

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

    Pros

    Supportive, European minded team, high European standards of doing business, good control environments

    Cons

    Due to the strict standards and European pricing policy and risk management is hard to compete in Ukrainian market.

    Advice to ManagementAdvice

    Take as much out of the approach and standards, and requirements of the Head Office as possible.

    Recommends
    Negative Outlook
  6.  

    Great internship experience

    Former Employee - Intern in Munich (Germany)
    Former Employee - Intern in Munich (Germany)

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

    Pros

    Great office culture, great support by team members and great learning experience.

    Cons

    Location outside of city center but awesome building and awesome facilities, so I'm not even sure it's a con:) Big group, red tape could prove hard to deal with sometimes

  7. 1 person found this helpful  

    Great place to work, but some modern wave is required!

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

    I worked at Allianz full-time (more than 3 years)

    Pros

    friendly environment, great support from management to develop your career, very respectful. Exchange within the Group is a good chance to learn different aspects from the insurance industry as Allianz not only offers life insurance but also non-life insurance and asset management solutions.

    Cons

    salary is not that competitive, slow decision making and aging technology.

    Recommends
    Approves of CEO
  8.  

    people centric company - good values and express the values

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Head of Department in Pune (India)
    Current Employee - Head of Department in Pune (India)

    I have been working at Allianz full-time (more than 5 years)

    Pros

    personal growth staff development working conditions

    Cons

    tough industry to learn Insurance is a complicated global structure and pricing

    Advice to ManagementAdvice

    continue the open honesty the currently express

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Awesome Internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Controlling Trainee in Vienna (Austria)
    Former Employee - Controlling Trainee in Vienna (Austria)

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

    Pros

    perfect mix between being challenged by supervisor and supported; awesome network for high potential interns; very nice colleagues

    Cons

    the same down sides as with all publicly listed companies and multi nationals - a little short term orientated, but still better than competition

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Good Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Oracle Database Administrator in Budapest (Hungary)
    Current Employee - Oracle Database Administrator in Budapest (Hungary)

    I have been working at Allianz full-time (more than 5 years)

    Pros

    I have been working at Allianz Hungary full-time for more than 6 years. Love my coworkers, and my manager understands work/life balance.
    Good bonus and benefits, various training opportunities.

    Cons

    The salary not the best.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    good to work in Germany, questionable in some other locations

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    very stable and people oriented in Germany offices
    career development and reward procedures officially existing per best in class standards

    Cons

    treating employees differently in different countries

    low attention to leadership quality outside of headquarters makes people practices in some locations poor if not harassing

    then, all established fancy talent management procedures (org health survey, career development, reward management etc) are supported at very different levels in different countries, so, for example, person working in Russian office and German office would feel like working for 2 companies with far different cultures and people practices

    Doesn't Recommend

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