Allianz

  www.allianz.com
  www.allianz.com

Allianz Reviews

Updated December 19, 2014
Updated December 19, 2014
112 Reviews
3.8
112 Reviews
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Allianz CEO Michael Diekmann
Michael Diekmann
44 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

Sort: Popular Rating Date
  1.  

    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

  2.  

    HR Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Specialist in Istanbul (Turkey)
    Former Employee - Human Resources Specialist in Istanbul (Turkey)

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

    Pros

    Employer brand
    Good salary (if you can marry an internal executive...)

    Cons

    Retrograing corporate culture
    Great internal inequity
    Poor/no talent management

    Doesn't Recommend
    Negative Outlook
  3.  

    Financial Analyst

    • 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

    Pros

    international working environment with colleagues from all over the world

    Cons

    candidates should have german skills to work in Germany

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


  5.  

    Full of knowledge

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Policy Administration Manager in Cairo (Egypt)
    Former Employee - Policy Administration Manager in Cairo (Egypt)

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

    Pros

    A lot of training courses

    Cons

    You feel attached to its system can't work anywhere else
    And give others what they taught you

    Advice to ManagementAdvice

    Encourage rotation from one country to another

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Satisfaction

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Insurance Agent in Rawang (Malaysia)
    Current Employee - Insurance Agent in Rawang (Malaysia)

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

    Pros

    I have more knowledge about the insurance company in Malaysia and worlwide

    Cons

    Low comission of non motor

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Varied

    • 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 (less than an year)

    Pros

    - opportunity is not dependent on prior experience
    - learning academy has good some good training. The downside is that opportunity might be given to the select few.

    Cons

    - backwards in terms of technology
    - experience and job knowledge was not valued or compensated for some positions.

    Advice to ManagementAdvice

    - Prior experience and having the technical knowledge is crucial for some positions. However, current hiring and salary may not be based on technical competencies for some of these positions.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Am outsorcing way to go

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

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

    Pros

    The company is a startup in Bucharest and by the time i left they only had 6 moths going, in which they mannaged to grow from 4 employees to about 20, with plans to go to 50 by the end of the year. They pay prettty welll and there are plenty of oportunitiess for advancement.

    Cons

    This is still an outsorcing business, and you will be a gear in the giant cog that is Allianz. If you like detail work and working with office all day you will fit in. If not, you will find the work boring and without satisfaction. The woking hours can be long and you will get a hard time form some of the management and the clients.

    Advice to ManagementAdvice

    Put more care into your human resourcess, especially the ones that are outsorced (not in Munich) Motivate and develop a relationship with them, they are not just some man hours to be used when needed.

    Positive Outlook
  9. 1 person found this helpful  

    Pleasent, fun, good learning

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

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

    Pros

    1. Good crowd
    2. Good pay
    3. Good ammenties
    4. Good work life balance

    Cons

    1. Too much politics
    2. Poor appraisals

    Advice to ManagementAdvice

    Try to adapt to changing situations and culture

    Recommends
    Neutral Outlook
    Approves of CEO
  10. 3 people found this helpful  

    Better Companies Out There

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Accountant in Chicago, IL
    Former Employee - Accountant in Chicago, IL

    I worked at Allianz full-time

    Pros

    Coworkers make the company bearable; good benefits; employees that transitioned from California are knowledgeable; encourage continuing education

    Cons

    Upward mobility based on office politics; members of middle management were verbally abusive and management style would divide team rather than bring it together; witnessed employees take on workload of two employees as department was downsized while middle management's workload remained the same.

    Advice to ManagementAdvice

    Your employees are your assets and should be treated as such. My experience was that the turnover rate was a direct correlation to the manager of that department. Middle management should be qualified I.e. a degree and previous management experience

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    Great firm, poor leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Vice President in New York, NY
    Current Employee - Senior Vice President in New York, NY

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

    Pros

    Conscientious, sincere, very warm employees

    Cons

    Management didn't delegate or share authority enough

    Advice to ManagementAdvice

    Work as a a team

    Negative Outlook

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