Allianz reviews

3.9

71% would recommend to a friend

(6,549 total reviews)
avatar

Oliver Bäte

82% approve of CEO

64% positive business outlook

Allianz has an employee rating of 3.9 out of 5 stars, based on 6,549 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
Nov 26, 2020
Recommend
CEO approval
Business Outlook

Pros

good benefits package. Most people are nice.

Cons

poor culture - favoritism, cronyism, ZERO diversity. No genuine feedback requested or cared for. People lack empowerment. No one speaks up. Mostly drones work here. Layoffs due to years of mismanagement, lack of profit, and refusal to see and adapt to what’s coming. IT - awful. tickets stay open for weeks, have to use your cellphone for day to day business because company phone is not functional. ZERO sense of urgency to resolve anything, no automation or digitization for basic processes, you will spend hours sitting idle because of your systems. Company is about 10 years behind everyone else in tech. Management - VERY poor. Top heavy. Stubborn. Old fashioned. They lack new ideas and innovation, same circle of people have ran the company for years but they expect change and profitability? Highly inefficient processes and policies. Some teams can never catch up but others at same level do nothing all day. no uniformity or standards. No accountability and leadership. Minimal communication with the rank and file.

3.0
Sep 17, 2020
Recommend
CEO approval
Business Outlook

Pros

Big company stable job okay

Cons

no meritocracy. Relationships wins. Bad

1.0
Jul 24, 2020
Recommend
CEO approval
Business Outlook

Pros

Work-life balance is good. Salaries are hard to grow but overall if you negotiate very hard you can get a fair compensation (nothing spectacular)

Cons

It is a highly political company, where meritocracy which used to be one of the motto comes second. There is a plan to promote a certain amount of women over a defined period which is also embedded in the targets of the management, this means men are highly discriminated and promotions are given to friends of friends or for diversity reason. Many good people have left the organisation which leaves you with a "lemon market" as poor people are promoted and good people leave. I definitely do not recommend the company. This is also bad for women as promoting a woman just to have a quota gives the impression that none of them are actually promoted because they are good at what their doing. The environment is pretty toxic even if it looks very friendly on the surface.

Viewing 112 - 114 of 6,549 Reviews

Glassdoor has 11,648 Allianz reviews submitted anonymously by Allianz employees. Read employee reviews and ratings on Glassdoor to decide if Allianz is right for you.