Allianz Reviews | Glassdoor

Allianz Reviews

Updated July 20, 2017
172 reviews

Filter

Filter


3.0
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Allianz CEO Oliver Bäte
Oliver Bäte
25 Ratings

172 Employee Reviews

Sort: PopularRatingDate

Pros
  • Work life balance: possibility to take days off (2 (in 78 reviews)

  • the working environment is so nice (in 28 reviews)

Cons
  • Work Life Balance is difficult to maintain (in 19 reviews)

  • Politics amongst senior management (in 11 reviews)

More Pros and Cons

  1. Helpful (2)

    "??"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Minneapolis, MN
    Current Employee - Anonymous Employee in Minneapolis, MN
    No opinion of CEO

    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 Management

    Invest more money in technology and hiring top talent.


  2. Helpful (1)

    "Good place to work, with little stress"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Project Director in Cresskill, NJ
    Former Employee - Senior Project Director in Cresskill, NJ

    Pros

    Small team, flexible schedule, decent salary, small number of clients.

    Cons

    Small team can also make it difficult to balance a heavy work load

    Advice to Management

    Would be nice to have had more clients to get a better range of work through the door.

  3. Helpful (6)

    "Good place, but be wary"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriter in Chicago, IL
    Former Employee - Underwriter in Chicago, IL
    Recommends

    Pros

    Good comp & benefits package

    Cons

    Terrible new HR team. The old HR regime was much better at representing employees to management. Huge politics between Germans and Americans. The Germans have taken over every aspect of the business.

    Advice to Management

    Forget it...they will not listen anyway.


  4. Helpful (4)

    "Your run-of-the-mill corporate experience."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive General Adjuster in Chicago, IL
    Current Employee - Executive General Adjuster in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good pay, decent benefits. Some fun people work here.

    Cons

    Profit sharing and 401(k) matching are 0% vested until 3 years of service. Cubicle life for everyone without a senior manager title. Most cubicles have 1.5 walls and "0" privacy. IT systems are a complete joke. Restrictions on travel and other expenses are over the top.

    Advice to Management

    Respect your employees more. Invest in IT.


  5. Helpful (3)

    "Great Company, Department needs improvement..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Annuity New Business Case Manager in Golden Valley, MN
    Former Employee - Annuity New Business Case Manager in Golden Valley, MN
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    The Company itself was great, great benefits, great cafeterias (choice of two), great training and self improvement opportunities.

    Cons

    The particular department I was in or the company, I'm not sure which...promoted people without degrees because it was cheaper. Advanced degrees and outside the company work experience were not recognized for promotions. This may sound as if I was passed up for a promotion...but I wasn't I never applied for anything as nothing of interest to me was posted. Hiring is on the downward slide due to poor annuity business. In the 2 years I was there, I had 3 managers, none had previous management experience or degrees. This lead to poor management, immaturity and teams without direction.

    Advice to Management

    Less meetings and special projects for management so that they can address personnel issues and training. Don't delegate personnel issues to team members without the experience or education to mentor others. Hire project management specialists to run projects rather than management that should be managing employees and the department.


  6. Helpful (4)

    "Even Steven"

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

    I have been working at Allianz full-time (More than 3 years)

    Pros

    -Great Benefits
    -People make the company
    -Good work/life balence
    -Fair in their assessments

    Cons

    -Hard to move / Constant hiring freezes
    -Strict budgets lead to cut backs
    -Leadership unwilling to listen
    -Pay not a good as it could be

    Advice to Management

    Listen to what your workers have to say and deliver when you say you will. Better explanations with company direction. Invest in IT infrastructure to make workers more productive.


  7. "Global Company with good benefits/compensation"

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

    Pros

    Benefits, compensation, Paid time off are second to none.

    Cons

    Lack communication from Management to employees, no employee development. Company sets technology back 30 years.

  8. Helpful (4)

    "Was a very good experience, unfortunately had some management with other agenda that kept truth from other offices."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Technician in Dallas, TX
    Former Employee - Account Technician in Dallas, TX
    Recommends
    Neutral Outlook

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

    Pros

    Flexible shifts, good pay, good benefits.

    Cons

    Management promotions based not on performance or experience.

    Advice to Management

    You consolidated, yet stuck with lease on empty floor space, the closed center had best record for processing and time and many are still out of work due to your closure. We were lied to over and over even when asked directly about the future of our positions. You had the most experienced, dedicated staff in the closed center.


  9. Helpful (3)

    "Good, however geared more towards soon to be retirees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Solution Engineer in Novato, CA
    Current Employee - IT Solution Engineer in Novato, CA
    Recommends
    No opinion of CEO

    I have been working at Allianz full-time

    Pros

    Flexible hours, good work-life balance, great for individuals with families, good 401(k) match - the best I received from anywhere else, telecommute, low pressure, onsite gym,

    Cons

    Not great for single individuals because the benefits are more crafted for individuals with families, heavily outsourced, minimal learning opportunities, process heavy, compensation not competitive with market, lack of fresh ideas


  10. Helpful (5)

    "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
    Approves of CEO

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

    Pros

    Does everything at a large scale and currently is globalizing topics; Very often working on the forefront of technology and trying to constantly improve; always challenging the status quo; working with top tier suppliers

    Cons

    Extremely bureaucratic processes that slow everything down while at the same time senior management put a lot of pressure on organization to speed up; very political place; does not care about long-term talent development, rather brings in people from external


Showing 172 of 767 reviews
Reset Filters