Allianz Reviews | Glassdoor

Allianz Reviews

Updated June 21, 2017
622 reviews

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622 Employee Reviews

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

  • the working environment is so nice (in 25 reviews)

Cons
More Pros and Cons

  1. "Easy but boring job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Quantitative Analyst in Madrid (Spain)
    Current Employee - Quantitative Analyst in Madrid (Spain)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good work/life balance
    In Spain you get almost 3 months of reduced hours (8:30-15:00)

    Cons

    Daily activities are either boring or extremely boring
    Salaries are pretty low


  2. "Great place to work"

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

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

    Pros

    Great work life balance! Good company to settle down.

    Cons

    Nothing much. Keep up the good work

  3. "Allianz"

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

    I have been working at Allianz part-time

    Pros

    Flexible and accommodating work environment. Lots of opportunities for those who do well. Can see a balance of promotion from within the company and from outside (bringing in new ideas). There haven't been major restructures resulting in large numbers of redundancies like at other insurance companies. Opportunity to tap into global expertise.

    Cons

    They run a tight ship, not lots of team lunches etc. Pay is not top of the market, not everyone gets a bonus. High workloads.

    Advice to Management

    Share the wealth with the staff.


  4. "Review"

    Star Star Star Star Star
    • 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

    Pros

    Good levels of investment into staff.

    Cons

    The IT systems. Not many london opportunities. Salary below market.


  5. "Senior Consultant"

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

    Pros

    International environment, interesting projects, good colleagues

    Cons

    People who don't know how to manage. Team is falling apart due to poor management. Everyday there is somebody to leave the company.

    Advice to Management

    Get a business degree, just because you studied an irrelevant science does NOT mean you can also manage teams, people, processes and other resources.


  6. "Allianz Technology - Sinnvoller Gedanke aber schlechte Umsetzung"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Munich, Bayern (Germany)
    Current Employee - Business Analyst in Munich, Bayern (Germany)
    Recommends
    Neutral Outlook

    I have been working at Allianz (Less than a year)

    Pros

    + Solides Arbeitsverhältnis
    + Stress optional
    + Veranstaltungen wirken fancy und hipp
    + Viele Möglichkeiten durch internen Stellenmarkt

    Cons

    - Viel Politik und wenig Excellence
    - Erwartungen der Allianz-internen Kunden können nicht erfüllt werden
    - Auf vielen Ebenen erhebliches Mikromanagement
    - Strenge Hierarchien, wenig Offenheit
    - Wenig Verbindung zwischen Top / Middle / Team Management

    Advice to Management

    Kontras nicht nur durch Marketing schöner darstellen, sondern durch Vorbild mit Leben realisieren


  7. "Underwriting"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriting in Novato, CA
    Former Employee - Underwriting in Novato, CA

    I worked at Allianz (More than 10 years)

    Pros

    Allianz has great benefits and a casual working environment with flexibility

    Cons

    You never know when you are going to get laid off which is a routine activity. Allianz is moving operations and support jobs to India on a global basis, leaving no career path or options for redeployment. There is a big question mark on where the transfer to India stops.

    Advice to Management

    Management seems to have detailed strategies for success but the plans do not include the rank and file workers for future employment. No one know how many jobs will be moving to India and at what levels.

  8. "CEO"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Manager in Hong Kong (Hong Kong)
    Current Employee - Investment Manager in Hong Kong (Hong Kong)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Allianz is a great company

    Cons

    Allianz is a demanding company.

    Advice to Management

    Work hard.


  9. Helpful (1)

    "Good job, great benefits, not great pay"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Billing Finance in Saint Louis, MO
    Former Employee - Billing Finance in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Professional workplace, good people, lots of PTO in the first year, lots of training, great 401k match, mostly low stress.

    Cons

    Too many layoffs and offshoring with no security from position or department choice. Not a lot of sharing of information, very divided between departments.


  10. "Stable & Good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Project Manager in Singapore (Singapore)
    Current Employee - Senior Project Manager in Singapore (Singapore)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Allianz full-time (More than 8 years)

    Pros

    - Job security
    - Opportunities to grow within organization as long as you are flexible and geographically mobile
    - Financially competitive salaries

    Cons

    - Slow to Change
    - Unorganized in terms of internal processes

    Advice to Management

    Too many management changes in strategic global IT Programs needs to be avoided
    Very poor vendor management clauses in the multi sourcing landscape allowing vendors to get away with any breaches without penalties
    Invest more in people


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