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
1.0
Mar 14, 2012
Recommend
CEO approval
Business Outlook

Pros

Decent salary and two fairly decent restaurants on site even if your break time doesn't allow you to visit them before they close for the day.

Cons

CS employees routinely thrown under the bus by management when a caller doesn't get their way even though as a CS you've been explicitly told x is not allowed. However, if the customer complains loudly enough their bad behavior is rewarded and the employee becomes the fall guy. In addition, the technology they employ is decades behind the rest of the world and frequently fails or provides incorrect information with cumbersome work-arounds. There is little to no vacation time offered other than a small handful of days for an entire department for an entire year. But aside from all that, probably the worst aspect is the unrealistic call handle times imposed - as a CS employee you're assisting customers with complicated financial packages, often times the customer's life savings and/or retirement funds, but you're limited to only 5.25 minutes per call. If you do not meet this limit you're either placed on a firing warning for exceeding the limit and eventually fired for it or you choose deliver poor customer service to keep your calls as short as possible. If you see a problem with the customer's account and they don't bring it up, you sure aren't going to because that would make the call longer so you leave it be and the customer gets screwed. It would seem the mentality is that Allianz already has the customer's money so why do they care that their CS employees are giving poor CS? It seems that they're only concerned with processing as many calls as possible, it's quantity over quality. Even good employees that have been with the company for years must fear for their jobs every day and even though the company states they promote hiring from within, in the call center it's all smoke and mirrors. It's been years since an employee escaped the call center by getting another job within the company. For most the only exit is with their personal belongings in hand, escorted out the door by security. But there are always more warm bodies desperate for a job, isn't that right?

1.0
Mar 24, 2022

AGCS NA is broken

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some employee benefits, however, they are changing and becoming less attractive. Flat structure and the possibility of RIFs only when there is change of strategy. The current policy is focused in promoting women into management roles. The broken processes and procedures give top talent an opportunity to provide value to the organization but wait and read the cons below first before making a judgement call.

Cons

Culture is political and because of a flat org structure promotions are also political. The best person doesn’t necessarily get the promotion and teams are lead by status quo and mediocre individuals. Middle management, such as “Head” roles, are occupied by individuals who lack integrity, ability, and people management skills. They drive their top talent out. Annual assessments follow the same approach and don’t necessarily reflect reality, one sided and the house is not held responsible. A lot of finger pointing and nonsense that I witnessed across the different departments. Where is HR, some ask, no where (paper pushers). On top of this horrible culture then you have the broken processes and procedures that drive staff to the brim of insanity. Failures since 2011 with the global implementation of an outdated middle office system that no one was happy with. This place is not good for morale and management from the top to the bogus middle management is a big contributor to it all. Just look at their large list of open roles, those roles are not new but vacated by people who had enough.

1.0
Feb 9, 2021

Horrible culture

Recommend
CEO approval
Business Outlook

Pros

European holiday schedule, flexible work

Cons

Nepotism, poor leadership, lack of strategy, unable to implement change, ancient technology

Viewing 73 - 75 of 6,531 Reviews

Glassdoor has 11,623 Allianz reviews submitted anonymously by Allianz employees. Read employee reviews and ratings on Glassdoor to decide if Allianz is right for you.