Does Allianz pay their employees well?

According to anonymously submitted Glassdoor reviews, Allianz employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Allianz. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at Allianz?

72% of Allianz employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Allianz 3.9 out of 5 for work life balance, 3.8 for culture and values and 3.5 for career opportunities.

What are the top reviewed jobs at Allianz?

Business Analyst (204) , Intern (197) , Underwriter (127) , Senior Software Engineer (122) , Software Engineer (122) , Working Student (121) , Project Manager (120) , Internship (119) , Analyst (117) , Customer Service Representative (109) , Consultant (90) , Manager (88) , Werkstudent (84) , Senior Analyst (57) , Senior Consultant (56)

What are the pros of working at Allianz according to real employee reviews?

"The work life balance is very good as others are able to handle the work when you are not there." ((in 677 reviews)); "Good benefit and slightly above market rate remuneration as long you can deal with the cons mentioned." ((in 436 reviews)); "People are great and hardworking" ((in 363 reviews)); "perfect mix between being challenged by supervisor and supported; awesome network for high potential interns; very nice colleagues" ((in 261 reviews)); "Team and clients were great" ((in 186 reviews))

What are the cons of working at Allianz according to real employee reviews?

"Poor management (too much frictions and politics) and work/life balance" ((in 271 reviews)); "Low pay and old tech stack" ((in 173 reviews)); "Poor leadership and little direction." ((in 46 reviews)); "Bad Upper Management" ((in 34 reviews)); "ness, poor communication, fairly hierarchical" ((in 32 reviews))

What are employees saying about Allianz layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Allianz layoffs and their outlook for job security at Allianz in 2026.

What are the top reviewed Allianz locations?

Minneapolis , Golden Valley , New York , Chicago , Richmond , Owings Mills , O'Fallon , Baltimore , Saint Louis , Los Angeles , San Francisco , Atlanta , Dallas , Novato , Petaluma , Saint Louis Park , Newport Beach , Glen Allen , O Fallon , Denver , Miami , Louisville , Houston , Egypt , Lisle , Buffalo , Egypt , San Diego , Richmond , Westport

Allianz reviews

3.9

72% would recommend to a friend

(6,569 total reviews)

Oliver Bäte

82% approve of CEO

64% positive business outlook

Ratings by category

4.0

Diversity & inclusion

3.9

Work/Life balance

3.8

Culture & values

3.6

Compensation and benefits

3.5

Career opportunities

3.4

Senior management

Allianz has an employee rating of 3.9 out of 5 stars, based on 6,569 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 Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

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Parent or family caregiver

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Reviews by job title

7K reviews

1.0

Apr 14, 2018

Run if you are in AGCS US

Senior project manager

Recommend

CEO approval

Business Outlook

Pros

1. Benefits 2. Paid on time 3. A (really ) small smattering of the employees are friendly and helpful

Cons

This place is toxic. AGCS in US is primarily made up of ex FFIC employees who at best can be described as incompetent. I mean it needs special skills to be merged with a firm that’s 1/10th of what you were at your peak. AGCS Munich and London is comprised of “management” who only need the next scapegoat.

2.0

Jun 25, 2016

Allianz Global Corporate & Specialty Tries Very Hard, Lacks Some Skill

Senior project manager

Recommend

CEO approval

Business Outlook

Pros

This operating entity of Allianz says it is attempting a major culture shift. Top leadership wants to focus on customer centricity, innovation & technical competence, diversity and employee well being. 401k is generous, and vested after 3 years. Vacation time is generous. Relocation to global positions is encouraged.

Cons

Competence of execution is significantly lacking in technology and UW areas. Fear rules; longterm employees have survived by not asking clarifying questions. Leadership has not yet acknowledged the 'iron triangle' of Speed, Cost, and Quality; they do not seem to understand they only get to pick two. Employees are often jaded or frightened. Layoffs of what are believed to be overpaid employees in the western US are ongoing, but positions remain open for months in the mid West and Eastern states.

1.0

Mar 6, 2015

AGCS: Another version of Fireman's Fund: In a word: Mismanaged.

Senior underwriter

Recommend

CEO approval

Business Outlook

Pros

Bonus and benefits fairly standard. Not much more to say as this was the worst work experience of my 25+ year career.

Cons

Zero technology. No underwriting support staff.. a few heavily overworked policy issuers at a remote location. Thug management all well known to each other and self protecting ( some poorly educated ). See Fireman's Fund reviews for similar comments re AGCS. Not trustworthy..be careful what you share with whom especially your manager. Marketing department is 100% waste foisted on the backs of production underwriters.

Viewing 4 - 6 of 6,569 Reviews

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Allianz

Allianz reviews

Ratings by category

Ratings by demographic groups

Reviews by job title

Run if you are in AGCS US

Allianz Global Corporate & Specialty Tries Very Hard, Lacks Some Skill

AGCS: Another version of Fireman's Fund: In a word: Mismanaged.

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