Does Allianz pay their employees well?

According to anonymously submitted Glassdoor reviews, Allianz employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Allianz. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at Allianz?

73% of Allianz employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Allianz 4.0 out of 5 for work life balance, 3.8 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at Allianz?

Business Analyst (203) , Intern (195) , Underwriter (125) , Senior Software Engineer (122) , Software Engineer (121) , Project Manager (120) , Working Student (120) , Analyst (117) , Internship (117) , Customer Service Representative (107) , Consultant (90) , Manager (88) , Werkstudent (84) , Senior Analyst (57) , Senior Consultant (56)

What are the pros of working at Allianz according to real employee reviews?

"The work life balance is very good as others are able to handle the work when you are not there." ((in 674 reviews)); "Good benefit and slightly above market rate remuneration as long you can deal with the cons mentioned." ((in 445 reviews)); "People are great and hardworking" ((in 349 reviews)); "Colleagues friendly and supportive" ((in 257 reviews)); "Great team and self development" ((in 174 reviews))

What are the cons of working at Allianz according to real employee reviews?

"Poor management (too much frictions and politics) and work/life balance" ((in 269 reviews)); "Low pay and old tech stack" ((in 167 reviews)); "Poor leadership and little direction." ((in 49 reviews)); "Bad Upper Management" ((in 37 reviews)); "ness, poor communication, fairly hierarchical" ((in 30 reviews))

What are employees saying about Allianz layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Allianz layoffs and their outlook for job security at Allianz in 2026.

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Allianz

Allianz reviews

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3.9

73% would recommend to a friend

(6,527 total reviews)

Oliver Bäte

83% approve of CEO

65% positive business outlook

Ratings by category

4.1

Diversity & inclusion

4.0

Work/Life balance

3.8

Culture & values

3.6

Compensation and benefits

3.6

Career opportunities

3.4

Senior management

Allianz has an employee rating of 3.9 out of 5 stars, based on 6,527 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).

Ratings by demographic groups

Race / Ethnicity

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Reviews by job title

7K reviews

1.0

Sep 13, 2017

80% looking for change 20% Newly joined.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

-At 4 pm you will get free tea. -On Friday you will get snacks. -You wil get 3 percent annual hike that's sure.

Cons

-Seems like you are working in some Insurance government company.Bossy culture. -80 percent of people are looking for job change and rest 20 Percent are newly joined. - Internal politics between Allianz Pune and Trivandrum that's major problem company is not growing.

2.0

Jun 25, 2016

Allianz Global Corporate & Specialty Tries Very Hard, Lacks Some Skill

Senior project manager

Recommend

CEO approval

Business Outlook

Pros

This operating entity of Allianz says it is attempting a major culture shift. Top leadership wants to focus on customer centricity, innovation & technical competence, diversity and employee well being. 401k is generous, and vested after 3 years. Vacation time is generous. Relocation to global positions is encouraged.

Cons

Competence of execution is significantly lacking in technology and UW areas. Fear rules; longterm employees have survived by not asking clarifying questions. Leadership has not yet acknowledged the 'iron triangle' of Speed, Cost, and Quality; they do not seem to understand they only get to pick two. Employees are often jaded or frightened. Layoffs of what are believed to be overpaid employees in the western US are ongoing, but positions remain open for months in the mid West and Eastern states.

1.0

Mar 6, 2015

AGCS: Another version of Fireman's Fund: In a word: Mismanaged.

Senior underwriter

Recommend

CEO approval

Business Outlook

Pros

Bonus and benefits fairly standard. Not much more to say as this was the worst work experience of my 25+ year career.

Cons

Zero technology. No underwriting support staff.. a few heavily overworked policy issuers at a remote location. Thug management all well known to each other and self protecting ( some poorly educated ). See Fireman's Fund reviews for similar comments re AGCS. Not trustworthy..be careful what you share with whom especially your manager. Marketing department is 100% waste foisted on the backs of production underwriters.

Viewing 19 - 21 of 6,527 Reviews

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80% looking for change 20% Newly joined.

Allianz Global Corporate & Specialty Tries Very Hard, Lacks Some Skill

AGCS: Another version of Fireman's Fund: In a word: Mismanaged.

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