Allianz Reviews | Glassdoor

Allianz Reviews

Updated April 23, 2018
868 reviews

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3.5
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Allianz CEO Oliver Bäte
Oliver Bäte
276 Ratings

868 Employee Reviews

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Pros
Cons
  • Work life balance to be improved (in 22 reviews)

  • Senior management quality is variable, so end up with the wrong boss (not a rare occurrence) and your life becomes hellish (in 13 reviews)

More Pros and Cons

  1. "Enjoying it"

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

    I have been working at Allianz full-time

    Pros

    Great Pay and environment. Fun

    Cons

    No cons at all really


  2. "IT at Allianz"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Allianz full-time

    Pros

    Good 401K match, average salary

    Cons

    Company changes shake up so often it leaves people in constant concern.

  3. Helpful (1)

    "Run if you are in AGCS US"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Project Manager in New York, NY
    Former Employee - Senior Project Manager in New York, NY
    Doesn't Recommend
    Disapproves of CEO

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

    Pros

    1. Benefits
    2. Paid on time
    3. A (really ) small smattering of the employees are friendly and helpful

    Cons

    This place is toxic. AGCS in US is primarily made up of ex FFIC employees who at best can be described as incompetent. I mean it needs special skills to be merged with a firm that’s 1/10th of what you were at your peak. AGCS Munich and London is comprised of “management” who only need the next scapegoat.

    Advice to Management

    Stop referring to yourself as leaders. At best you are bullies. And seriously , when hiring , make it known that you are looking for highly political individuals who can work with you in throwing people under the bus.


  4. Helpful (1)

    "AR Analyst"

    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 full-time

    Pros

    Parent company of PIMCO (same building), professional environment

    Cons

    Lots of hard deadlines/can be stressful

    Advice to Management

    NA


  5. "Sr Account Service Representative"

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

    I worked at Allianz full-time

    Pros

    Overall great benefits for employees

    Cons

    Location of company makes it a an expense for parking as this has to be covered by employee.

    Advice to Management

    None


  6. Helpful (3)

    "Not what is in other countries"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Allianz full-time

    Pros

    401k: 1 for 1 match to 7.5%, 0% vested until 3 year mark, then 100% vested. PTO policy

    Cons

    Mass layoffs, noisy and open working space, management and peers will throw you under the bus for everything, there is little trust in the work environment, no raises for years and no recognition .


  7. Helpful (1)

    "Data Scientist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Allianz full-time

    Pros

    Good company to work with

    Cons

    Traditional company with small move

  8. "Stay as far away as possible"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst Senior in Golden Valley, MN
    Former Employee - Business Analyst Senior in Golden Valley, MN
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    None that I can think of.

    Cons

    Very clicky. Full of rumors. Everyone is related somehow. Lack of respect. Management knows absolutely nothing and is only still in their position due to personal relationships with people. They have a serious HR issue and don’t recognize it. Crazy amount of turn over. Managers don’t protect their teams but are first ones to throw them under the bus for their own decisions. You will only excel if you make friends with the catty management otherwise there is absolutely no growth in IT, change management or projects related to operations. People are all extremely two faced so watch your back. If you know management or are/become personal friends with then you are free to make your own hours. If not, get ready to be micro managed.

    Advice to Management

    No advice to management since they are the problem. They need to clean house and get new people in the company to reduce their turnover. Your management pretends to know things and everyone talks about each other behind their back. Worse than highschool.


  9. Helpful (1)

    "Account Technician"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Various opportunities, upward mobility, good benefits

    Cons

    Allianz is buying non-American companies and then transferring American jobs to those companies to avoid being viewed as offshoring. The American side of company is very regional and managed as the personal businesses of managers. Subject to nepotism and personal connections more than skills and qualifications.


  10. Helpful (1)

    "Account Technician"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Benefits are about the only thing going for the company. The insurance is good so that makes many people stay

    Cons

    Company has been in “transition” for YEARS. Hiring people for months only to make them train people from India to basically take their job, then fire them. They will tell you that your job is safe, then the next week call you into a meeting to tell you that your job ends in 60 days and they don’t have to give you that long of a notice so you should appreciate it. They have laid off hundreds of jobs in the last couple of years due to bad business decisions. Don’t waste your time. This company has been going downhill for years and they are still laying people off!!

    Advice to Management

    Start being honest with your employees. You know in advance you are sending jobs to India. Don’t hire people just to get current work done then give them a 60 notice months after being hired saying they will no longer have a job


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