Allianz reviews

3.9

72% would recommend to a friend

(6,531 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 6,531 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 Finanzen industry (3.7 stars).

Reviews by job title

7K reviews
4.0
Nov 19, 2016
Recommend
CEO approval
Business Outlook

Pros

Great Work Life Balance Unbeatable 401K match If you like to travel, you get to see different part of the world (and since most of the offices are in the business district, you would travel to metropolitan, urban setting) You get to learn a lot

Cons

-Politics; German vs US approach, NY vs Chicago vs Munich vs [whatever office location], could be unending, tiring, and honestly petty -We are big (although limited brand recognition in the US), however we are little bit of everything and it is difficult to make meaningful changes unless you are the top mgt or close to their circle (but see my point above) -If you are not in the circle, good luck in getting their attention. Tried so many times to get their time to talk only to be rebuffed. Best example was when I made a special day trip to NY only to see (one of) my boss across the hall walking to washroom and I got a waived of recognition :-) -For a company this big, I am surprised at how limited the opportunity I can get the more I move up. At times, the message I got is rather conflicting: "You are too expensive", "You may not have the expertise", or "Development is your responsibility so you figure it out your own" or sometimes I got no response whatsoever. Keep in mind, I step up when my predecessor got let go, grew the team, integrated the team w/ Fireman's Fund, participated successfully in Navigator, DDI training for Executives, etc. It's astonishing how the accomplishments meant nothing or how much support not received when I wanted to learn more.

1.0
Mar 17, 2015

Don't plan on this being a career. Sweatshop.

Recommend
CEO approval
Business Outlook

Pros

Connected to a big global company (Allianz)

Cons

The US claims organization leadership is best described as arrogant and abusive. Creates a disrespectful "sweatshop" environment. The "old boy" network is alive and well here...performance doesn't matter; how loyal you are to "leaders" that make snap decisions with little information, and routinely berate their employees does. Enter at your own risk. Invest your career time elsewhere...you only have one life.

1.0
Jun 17, 2012

Micromanagement and finger pointing

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Free parking, nice workout room and cafeteria, decent 401(k) match.

Cons

It's very difficult to tell why people are promoted here. It's often not the best people. It's sort of a crony culture where management gives itself as many perks/increased bonuses as possible, and employees try to "buy in" to the culture to get some of those perks. The company supposedly has had banner years the last two years, but many bonuses have gone down despite high individual employee rankings. There are many non-working "managers" who spend most of their day micromanaging their reports. They are often pretty weak, so employees call it "playing house" with their manager. Weak senior management. If you've done well at other companies because you do quality work and work hard, you may not want to go here, because that's not what is rewarded. Get anything they promise you in an interview in writing if you can.

Viewing 70 - 72 of 6,531 Reviews

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