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      Allianz

      Engaged Employer

      Allianz reviews

      3.9

      71% would recommend to a friend

      (6,550 total reviews)
      avatar

      Oliver Bäte

      82% approve of CEO

      64% positive business outlook

      Ratings by demographic groups

      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
      2.0
      Oct 8, 2015

      Euler is better at marketing themselves to new-hires than potential custo

      Sales agent
      Recommend
      CEO approval
      Business Outlook

      Pros

      Flexible outside sales role with "potential" to earn significant income, this is a long term sale and a relationship based product. The product itself really is incredible, useful, and something a medium to large size business can leverage to its benefit. I don't doubt the Euler Product or its usefulness one bit. The company has a decent training program and competitive compensation as a mid-level sales opportunity, but it basically stops there.

      Cons

      Unrealistic earning potential, out of touch and constantly changing management in the California region. This is a company with a lot of money that would rather invest it in gadgets and gizmos for the salesforce to entertain and wow their clients, the silly part is, having your customer sit down and watch a presentation on an ipad is the worst possible way to connect and sell an extremely sophisticated and complicated product. The LA office is located in Westlake Village, which is absolutely insane given 99% of all clients and potential clients are in Downtown LA or FURTHER EAST from DTLA, you're expected to waste hours of work time and productivity visiting the office for corporate rah-rah-rah type conference calls and other silliness, its just a waste of your time and eats up your day. For beginning agents, most of the appointments the baltimore office will set for you, well they are useless, also most of the company intel you have access to is out of date and well, useless. Be prepared to lean on existing business relationships or cold call, which of course is expected, however also be prepared to do battle with senior agents who utilize copernicus (our in house salesforce) to protect and continually hide, potential clients that they have sought out, but haven't tied down. Basically a lot of drama and nonsense per a typical sales office, but they're really good at making you think otherwise.

      2.0
      Jul 16, 2014

      Excellent facility, benefits and overall environment. Sr Leadership is a joke.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      The people on the front line make the difference. There are indiviuduals that care about the customers and doing the right thing. The facility is well taken care of and the benefits are great!

      Cons

      Lack of work-life balance; performance for pay is more like performance for perception. Integrity is not at the core. It is not the right example to set by using inappropriate language in business meetings and painting your toe nails at your desk which some leaders make a consistent practice. It's like high school.

      4.0
      Apr 3, 2013

      Great company to work for

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      The best reason to work here is for the global experience you can obtain. They're a huge company with job opportunities all over the world (New York, Los Angeles, Quebec, Montreal, Brazil, Paris, London, Singapore, Hong Kong, and many more) that they encourage you to apply for if it interests you. The salary is competitive and they offer fantastic benefits in terms of their bonuses and 401k (different if you're in sales as that is heavily incentive based). Their health insurance could be better as they have high deductibles to keep costs down but they are also very health conscious. The vending machines offer only healthy snacks, they make you get a biometric screening every year (which they provide for free at work), they offer a free gym membership if you use the gym on the campus or a subsidy if you go to your own gym, and they even give you money every 6 months for driving a car that has a certain mpg. Work culture is great as they have their own social planning committee. They organize happy hours, pot lucks, pizza parties, golf outings, habitat for humanity and other charity functions, sports related parties (mostly revolving around the Ravens or O's so I guess that could be a con depending on who you root for), and a yearly summer outing. The Christmas party is killer every year. Dec. 2012 was at M&T Bank Stadium (where the Ravens play). If the free food and booze isn't good enough they have raffles where people win iPads, and we were able to go in the locker rooms and on the field. Be weary of many of the other reviews here. It looked like most of them were sales and telemarketing jobs (business development specialist is a telemarketer). Let's be honest. No matter where you go, telemarketing sucks. It's a dead end, thankless job that preys on recent college grads. Easily has the highest turnover of any department in the company. Aside from them though, every other department has people who have been with the company for years (some longer than I've been alive). People are here for a long time because it's a very good company to work for.

      Cons

      Getting things done can be frustrating. Our ultimate HQ is in Paris. So many of the things we do have to go through them which can take days or much longer depending on the issue. Also things may not make any sense coming from Paris as they have to translate what they say in to English and their culture is entirely different so many things they see as normal can be completely insane here in the US. This goes for everywhere else too. You'll most likely be dealing with people from all over the world so working with people in Germany or Italy may be frustrating. Depending on where you work, management may be questionable. I personally love my department and management but I know that other departments have poor/lazy managers. They have baffling hires and promotions seem to come more on tenure and popularity than actual merit. I feel like this happens at every company but obviously I can't be certain of that. Training is very weak. A lot of it comes from shadowing people. It's basically a sink or swim atmosphere once you're done hopping around from person to person. While management encourages you to learn on your own and the company will compensate any outside schooling/accreditation you may do, it's up to you to take the initiative. I personally love that but I do admit they can do a lot more to teach employees. Feeling helpless or lost is not an uncommon feeling if you haven't learned what you need to do.

      Viewing 55 - 57 of 6,550 Reviews
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