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.