Allianz Insurance Reviews | Glassdoor

Allianz Insurance Reviews

Updated December 4, 2018
61 reviews

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3.9
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Jon Dye
39 Ratings

Employee Reviews

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Pros
Cons
  • "Somewhat stifled / limited in freedom by head office (Munich), lead to excessive admin and lead times to delivery" (in 3 reviews)

  • "Sluggish Promotion, Low Salary, Old School Technology" (in 3 reviews)

More Pros and Cons

  1. Helpful (1)

    "Excellent Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Bristol, CT
    Current Employee - Anonymous Employee in Bristol, CT
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great benefits, great working environment

    Cons

    IT investment needs to be better

    Advice to Management

    invest in your IT as you will not achieve your aspirations until you do this.


  2. Helpful (3)

    "AGCS: Another version of Fireman's Fund: In a word: Mismanaged."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Underwriter in Atlanta, GA
    Former Employee - Senior Underwriter in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

    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.

  3. Helpful (1)

    "Good while it lasted"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Submission Account Tech in Dallas, TX
    Former Employee - Submission Account Tech in Dallas, TX
    Recommends
    Negative Outlook
    Approves of CEO

    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


  4. "Digital Transformation Strategist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Strategist in Istanbul (Turkey)
    Former Employee - Strategist in Istanbul (Turkey)
    Recommends
    Approves of CEO

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

    Pros

    An organization willing to change and improve its corporate entrepreneurship abilities

    Cons

    Status quo
    Highly hierarchical militarist organization setup


  5. "Allianz Insurance"

    StarStarStarStarStar
    Former Employee - Customer Claims Handler
    Former Employee - Customer Claims Handler
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great culture. Supportive management and colleagues.

    Cons

    No option for Flexible working

    Advice to Management

    None.


  6. "Assistant Underwriter/ Business support officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Guildford, England (UK)
    Former Employee - Anonymous Employee in Guildford, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Clear career path if you put in the work.

    Cons

    Stressful if working for bancassurance, cliquey atmosphere, feels like a boys club, favouritism.

    Advice to Management

    Rotate staff more regularly, do more to ease work related stress for telephone agents.


  7. "Stable - Work Life Balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Accounting Technician in Guildford, England (UK)
    Current Employee - Accounting Technician in Guildford, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good work life balance and if interested opportunity to shadow other areas.

    Cons

    It is not the most fast paced environment and career opportunities may be somewhat restricted.

  8. "Excellent benefits but difficult to increase salary"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Claims Handler in Milton Keynes, England (UK)
    Current Employee - Senior Claims Handler in Milton Keynes, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great pension contribution
    Good staff benefits
    Work / life balance encouraged
    Part of a global brand
    Will fund professional qualifications

    Cons

    Many barriers to salary increases
    Lots of attention given to non-essential projects
    Budget restrictions tend to override all else

    Advice to Management

    Look to retain talented staff by rewarding them financially


  9. "Great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Guildford, England (UK)
    Former Employee - Anonymous Employee in Guildford, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    People focussed with long term career possibilities

    Cons

    none I can think of

    Advice to Management

    Nil


  10. "Friendly Company, Not Groundbreaking"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Allianz Insurance full-time

    Pros

    Friendly people. Good wider corporate benefits package. Most people are genuinely good at their jobs

    Cons

    Very hierarchical. Slow pace of change. Salaries not as competitive as other companies outside London