Allianz Reviews

Updated October 14, 2014
Updated October 14, 2014
102 Reviews
3.8
102 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Allianz Chairman of the Board of Management 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

Employee Reviews

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  1. 2 people found this helpful  

    Finance BI Intern

    • 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

    - Provides a good knowledge of insurance market
    - Currently having a deep digital transformation

    Cons

    - Former french AGF culture : highly hierarchical and political environment
    - Work atmosphere highly affected by IT issues regarding both ops and change management

    Doesn't Recommend
    Positive Outlook
  2. 1 person found this helpful  

    Unfair, poor- skilled, discriminatory management

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

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

    Pros

    Very good work life balance, if you're not keen to develop yourself or keep the status quo. Could be also enhancing if you work at junior level

    Cons

    The senior management lacks of vision, skills and in depth understanding for a forward looking approach. Highly unfair, discriminatory treatment at work, if you're a woman.

    Doesn't Recommend
    Neutral Outlook
  3.  

    nice, appreciative colleagues with good work-life balance

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

    I worked at Allianz full-time

    Pros

    collaborative environment, across functions. Open-minded mgmt and communicative.

    Cons

    depending on the manager you report to, you either get a good mentor or not.

    Advice to ManagementAdvice

    -

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5. 1 person found this helpful  

    Extreme sleaze / Not serious

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Skilled Worker in Zürich (Switzerland)
    Former Employee - Skilled Worker in Zürich (Switzerland)

    I worked at Allianz full-time (more than 10 years)

    Pros

    If you have no conscience, you can earn a lot of money

    Cons

    The company has no social responsibility. The Managment, that's are rip-off artists only. Above no Pareto Principle, below only Pareto Principle. The mood in the Company is very bad.

    Advice to ManagementAdvice

    People at Age +/- 45 are also human. Not simply a cost factor

    Doesn't Recommend
  6.  

    Good if not in IT department

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Analyst in Thiruvananthapuram (India)
    Current Employee - Technical Analyst in Thiruvananthapuram (India)

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

    Pros

    Ears open to listen to employees

    Cons

    Work is not the criteria for your growth in company

    Advice to ManagementAdvice

    Be clear in judging employees. don't be biased

    Recommends
    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Good Company, but direction trending down.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Houston, TX
    Current Employee - Anonymous Employee in Houston, TX

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

    Pros

    Flexible. Bonus based on specific, measureable performance factors. Very experienced personnel.

    Cons

    Market Management has a growing influence & they do not contribute to the bottom line. Growing the layers of management, used to be more stream-lined company.

    Advice to ManagementAdvice

    Cut back on Market Management to limit expenses. Cut out layers of managers.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    One of the best companies to work for.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Allianz

    Pros

    Known for their best HR practices, employee engagement and career growth. Diverse work culture, extra curricular activities, Flexy timings etc are other attributes

    Cons

    Mostly BPO in nature. Hence the stability of the company depends a lot on stability of the industry. There are hardly any more cons to say.

    Advice to ManagementAdvice

    Keep on going the same way..

  9.  

    senior

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

    I worked at Allianz

    Pros

    reputable organization and starting salaries are decent

    Cons

    growth opportunities are somewhat limited

  10.  

    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
  11.  

    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

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