Allianz reviews

3.9

72% would recommend to a friend

(6,553 total reviews)
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Oliver Bäte

82% approve of CEO

64% positive business outlook

Allianz has an employee rating of 3.9 out of 5 stars, based on 6,553 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Allianz employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

7K reviews
2.0
Jul 24, 2014
Recommend
CEO approval
Business Outlook

Pros

Clients are spectacular and there's always something new. Solid financially. Good support from underwriters.

Cons

Sales mgmt keeps thinking they have a better mouse trap untried in the 100 years of its existence. Sales commissions dropping like a dead bird in flight. Zero chance of promotions if you are not the favored person new mgmt hired. Practically all of the seasoned executives have departed. Average agent income has dropped 50% in past four years while co makes money hand over fist due to no insurance losses. Short term solution that will come back to haunt those that are dumb enough to stick around. Co fond of hiring outside of industry in a space that is highly specialized. Bad formula.

3.0
Jul 22, 2014
Recommend
CEO approval
Business Outlook

Pros

- Excellent training. In my department we had a 3 week induction and then further ongoing training. When changes were rolled out across the business we all received thorough training. This often involves sitting exams. I know the exams are off-putting for some people, but I found it helpful to ensure I understood things. - Opportunities to apply for internal transfers. You need to actively pursue these. - Flexible leave arrangements. They will let you take leave without pay if you want.

Cons

- There was blatant favouritism in my department. You basically had to be friends with your immediate manager to get anywhere on the career ladder. - Pay is below industry averages and annual pay increases are often below inflation. - They have won all sorts of employer of choice for women awards, yet provide very few part time opportunities in my department. Part time staff are often overlooked for career advancement opportunities. - The annual culture survey always seems to indicate the vast majority of staff are happy. This is not my experience on the floor. - There is a lot of chopping and changing. I was in 6 different teams in 2.5 years. While I'm not adverse to some degree of change this is pushing it a bit. - Staff who lodge Workers' Compensation claims are treated terribly. I've seen several cases of people being pushed out the door a few weeks after their claim was wrapped up.

Viewing 6343 - 6345 of 6,553 Reviews

Glassdoor has 11,655 Allianz reviews submitted anonymously by Allianz employees. Read employee reviews and ratings on Glassdoor to decide if Allianz is right for you.