Allianz reviews

3.9

71% would recommend to a friend

(6,550 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 6,550 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
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 Failures since 2011 with the global implementation of an outdated middle office system that no one was happy with.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

2.0
Dec 7, 2020
Recommend
CEO approval
Business Outlook

Pros

Quite a bit of training available, especially in your first year. Good support if you have children in the Covid climate. Other areas still have a very good reputation, Can lead to early promotion, if you are willing to toe the departmental line. Some really nice people still work there, but a lot have left over the last year. Mostly good on work life balance, but a deaf ear is shown to those who complain of too much work.

Cons

Management in Project Management space has become very poor since a reorganisation in July 2019. If you are not totally onboard cheerleader for management, you will not fit in. No dissenting voices are allowed. No questioning of process is allowed, you must just follow it (and cheer whilst doing so). Annual reviews based on management opinion, not on any feedback you get from people you work with. The Allianz Way has been gradually lost over the last five years or so and massively changed over the last 18 months in the Change area. The company used to be absolutely great to work at.

Viewing 40 - 42 of 6,550 Reviews

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