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Allianz
4.4
based on 231 Reviews
Video summary
Company Overview
Associated Companies
Company Locations
Working at Allianz
Company Summary
Allianz is an Insurance & Asset management service provider worldwide.
Overall Rating
4.4/5
based on 231 reviews

13% above
industry average

Highly rated for
Job security, Company culture, Work-life balance
Work Policy

Hybrid
81% employees reported

Monday to Friday
82% employees reported

Flexible timing
65% employees reported

No travel
65% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
29 employees reported
Health insurance
24 employees reported
Cafeteria
23 employees reported
Professional degree assistance
15 employees reported
View all benefits
About Allianz
Founded in1890 (135 yrs old)
India Employee Count5k-10k
Global Employee Count1 Lakh+
HeadquartersMunich, Germany
Websiteallianz.com
Primary Industry
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View in video summary
Founded in 1890 in Berlin, Allianz Group is a global leader and employer in insurance and financial services in more than 70 countries worldwide. With Allianz SE as headquarters, our many different insurance and financial service companies are present on all continents. Further high quality services are offered globally by Allianz Asset Management (Allianz Global Investors & PIMCO), Allianz Global Corporate & Specialty (corporate and specialty risks), Allianz Technology, Euler Hermes (credit insurance) and Allianz Partners (assistance services).Allianz is the HOME for those who DARE – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 85 million private and corporate customers and more than 142,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow.
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Brands of Allianz
Allianz Technology
4.1
• 822 reviews
Allianz Services
4.3
• 433 reviews
Allianz Ratings
based on 231 reviews
Overall Rating
4.4/5
How AmbitionBox ratings work?
5
134
4
59
3
22
2
9
1
7
Category Ratings
4.5
Job security
4.3
Company culture
4.3
Work-life balance
4.1
Skill development
4.1
Work satisfaction
3.8
Salary
3.7
Promotions
Allianz is rated 4.4 out of 5 stars on AmbitionBox, based on 231 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Allianz
based on 215 reviews
4.1
Rated by 73 Women
Rated 4.2 for Job security and 4.0 for Skill development
4.5
Rated by 142 Men
Rated 4.6 for Job security and 4.5 for Company culture
Work Policy at Allianz
based on 16 reviews in last 6 months
Hybrid
81%
Work from office
13%
Permanent work from home
6%
Allianz Reviews
Top mentions in Allianz Reviews
+ 5 more
Compare Allianz with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.4/5 based on 231 reviews | 3.7/5 based on 4.5k reviews | 3.9/5 based on 2.4k reviews | 4.0/5 based on 9.1k reviews |
Highly Rated for | Job security Work-life balance Company culture | No highly rated category | Skill development Salary | Skill development Job security Work-life balance |
Critically Rated for | No critically rated category | Promotions Work satisfaction | No critically rated category | No critically rated category |
Primary Work Policy | Hybrid 81% employees reported | Work from office 81% employees reported | Work from office 79% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 4.1 Good rated by 73 women | 3.5 Good rated by 1k women | 3.6 Good rated by 385 women | 3.9 Good rated by 1.9k women |
Rating by Men Employees | 4.5 Good rated by 142 men | 3.8 Good rated by 3.3k men | 3.9 Good rated by 1.9k men | 4.0 Good rated by 6.8k men |
Job security | 4.5 Good | 3.7 Good | 3.6 Good | 3.9 Good |
View more
Allianz Salaries
Allianz salaries have received with an average score of 3.8 out of 5 by 231 employees.
Senior Analyst
(59 salaries)
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₹4.5 L/yr - ₹13 L/yr
Senior Software Engineer
(53 salaries)
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₹4.2 L/yr - ₹14 L/yr
Senior Insurance Operations Specialist
(49 salaries)
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₹2 L/yr - ₹5.2 L/yr
Business Analyst
(40 salaries)
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₹5.1 L/yr - ₹18.3 L/yr
Senior Test Engineer
(38 salaries)
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₹3.3 L/yr - ₹10 L/yr
Process Developer
(32 salaries)
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₹4.2 L/yr - ₹7.6 L/yr
Software Engineer
(30 salaries)
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₹3 L/yr - ₹10 L/yr
System Specialist
(24 salaries)
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₹8.4 L/yr - ₹20 L/yr
Senior Business Analyst
(23 salaries)
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₹7.8 L/yr - ₹24.1 L/yr
Technical Lead
(20 salaries)
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₹9.5 L/yr - ₹25.1 L/yr
Allianz Jobs
Popular Designations Allianz Hires for
Allianz News
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I've Visited Over 50 Countries. This Is the Best Travel Insurance Money Can Buy
- Travel insurance is crucial for protecting travelers from unexpected events like flight delays, cancellations, or medical emergencies while traveling.
- Travelex Insurance Services is recommended as the best overall travel insurance provider, offering comprehensive coverage options and strong customer satisfaction.
- Allianz is praised for being great for last-minute trips, with flexible plans and reliable assistance in emergencies.
- World Nomads stands out for adventure travel, covering a wide range of adrenaline-fueled activities like bungee jumping and rock climbing.
- IMG is highlighted for its variety of plans, making it ideal for international travelers with different needs and preferences.
- AIG Travel Guard is recommended for its 24/7 support and customer service, ensuring travelers have assistance anytime during their trips.
- Factors considered in evaluating these travel insurance providers included policy offerings, customer service, claims processing, and overall value.
- It's important for travelers to assess their specific needs and read policy details to find the right plan that aligns with their requirements.
- The author's experience as a travel journalist and adventurer adds credibility to the recommendations of the best travel insurance providers.
- Selecting the right travel insurance plan can make a significant difference in ensuring a safe and enjoyable travel experience.
Mensjournal | 5 Mar, 2025
Solar Power and Home Insurance: What Homeowners Should Know
- Solar power adoption in Australia is increasing, prompting homeowners to consider the impact on their home insurance policies.
- Understanding solar panel coverage in home insurance is crucial to protect the investment and ensure coverage for repair or replacement costs in case of damage.
- Most standard home insurance policies in Australia cover solar panels as part of the building structure, but details can vary among insurers.
- Coverage considerations include types of damage, theft protection, fire and natural disaster coverage, sum insured, liability, specific exclusions, and excess payment.
- Installing solar panels can impact insurance premiums, and additional coverage may be required for solar battery storage systems.
- Homeowners should review and update their policies, consider specialist solar insurance, and maintain proper documentation for faster claims processing.
- Preventive measures against risks like extreme weather, theft, vandalism, and fire hazards include choosing certified panels, using security fasteners, and ensuring compliance with safety standards.
- When choosing a home insurance provider for solar panels, factors to consider include reputation for solar coverage, policy comprehensiveness, competitive premiums, and leading providers like NRMA, Allianz, AAMI, and RACQ.
- Understanding solar panel home insurance and selecting the right coverage can safeguard your solar investment and provide peace of mind.
- Contacting insurers to discuss specific needs and coverage considerations can help homeowners ensure adequate protection for their solar panels.
Energymatters | 3 Mar, 2025

Comparative Study of Travel Insurance Providers: Finding the Best Coverage for Your Journey
- Travel insurance is a critical component of trip planning, providing protection against unforeseen events and meeting entry requirements for many countries.
- Key features and costs of top travel insurance providers are compared to help make an informed choice.
- Allianz offers robust plans and a seamless claims process but tends to have higher premiums.
- World Nomads specializes in covering high-risk activities, while Travel Guard offers tailored policies and 'Cancel for Any Reason' coverage.
TechBullion | 3 Mar, 2025

Taktile Secures $54 Million to Enable Risk Experts to Take Control of AI Adoption for Decision Making in Financial Services
- Taktile has secured $54 million in a Series B funding round to empower teams in fintech and financial institutions for optimizing risk management.
- Led by Balderton Capital, the round involved existing investors, bringing total funding to $79 million.
- Recognized as a category leader, Taktile has quadrupled its customer base, spanning 24 markets with clients like Allianz and Rakuten Bank.
- The platform delivers hundreds of millions of risk decisions monthly, enhancing AI-powered risk decisioning.
- Taktile aids in AI adoption for high-stakes decisions in financial services, emphasizing the importance of expert guidance.
- The company addresses hurdles in AI adoption, providing a shared platform for risk teams and engineers, ensuring reliable solutions and value.
- Taktile's platform has streamlined operations for clients like Zilch, reducing costs and enabling faster policy logic deployment.
- Zippi and Breakout Finance have benefited from Taktile's platform, enhancing decision-making efficiency and scaling operations effectively.
- Allianz Partners' CDO praises Taktile for understanding decisioning nuances, challenges with AI models, and providing infrastructure for mission-critical workflows.
- The funding will further accelerate Taktile's momentum in equipping businesses with tools for transparent AI-powered risk decisioning.
Global Fintech Series | 27 Feb, 2025

AI-Driven Underwriting: How Machine Learning is Reshaping Insurance Risk Assessment
- AI-driven underwriting is transforming the insurance industry by enhancing efficiency, cutting costs, and improving decision-making.
- Traditional underwriting has evolved from manual processes to automated systems, but AI is revolutionizing risk assessment.
- AI enables insurers to analyze vast data sources and build dynamic risk profiles for personalized products and accurate assessments.
- Lemonade and Allianz are prime examples of how AI adoption in underwriting has led to reduced operational costs and improved market positions.
- Machine learning models analyze data from various sources like social media, IoT, and satellite imagery to predict risk levels accurately.
- AI-powered underwriting reduces claim payouts by 5–15% and enhances financial sustainability for insurers.
- Automation enables real-time decision-making, reducing underwriting time and operational bottlenecks, thus improving revenue streams.
- AI enables personalized pricing, fraud detection, compliance with regulations, and bias mitigation in underwriting processes.
- Insurers like Zurich Insurance and Progressive leverage AI for efficient commercial underwriting and fairer pricing models, respectively.
- Despite challenges, embracing AI in underwriting offers insurers a competitive edge and the opportunity to redefine the industry for the digital age.
Medium | 19 Feb, 2025

Allianz Risk Barometer Cites “Cyber Risk” as Most Important Business Risk Globally
- The Allianz Risk Barometer, an annual business risk ranking, identifies cyber incidents as the most important risk globally for the fourth consecutive year.
- Cyber incidents such as ransomware attacks and data breaches are predicted to be the top global risk in 2025.
- The rapid development of artificial intelligence (AI) has exacerbated cyber risk, making it a top concern for organizations.
- Cyber risk is widening worldwide and is the top risk in countries across North and South America, Europe, Africa, and Asia.
Cybersecurity-Insiders | 20 Jan, 2025

Many firms see cyberattacks as their top business concern this year
- Cyberattacks are now considered the top business concern for many companies, as revealed by a survey conducted by Allianz.
- Other notable concerns include business interruption, changes in legislation and regulation, and new technologies.
- 38% of global survey participants identified cyber incidents as their primary concern, with the UK ranking highest at 41%.
- Allianz highlights the growing reliance on technology and the potential risks associated with rapid development in artificial intelligence.
Tech Radar | 17 Jan, 2025

Allianz Australia prepares to mobilise its workforce
- Allianz Australia is preparing for a global SAP SuccessFactors rollout.
- The company will implement a talent intelligence hub module to create a digital talent marketplace.
- Allianz Australia is undergoing a tech transformation in its people and culture function.
- The transformation includes new systems from ServiceNow, Celonis, Phenom, and robotic process automation software.
Itnews | 17 Dec, 2024

Allianz Withdraws Income Insurance Offer With ‘Regret’, Citing Government Stance
- Allianz has officially withdrawn its offer to acquire a majority stake in Income Insurance.
- The Singapore government expressed reservations about the transaction and made amendments to the Insurance Act.
- Allianz remains committed to Singapore's insurance market and the Asia-Pacific region.
- Allianz regrets the decision but will continue supporting Singapore's insurance market's growth and success.
Fintechnews | 16 Dec, 2024

Allianz Reportedly Struggling to Salvage Income Insurance Deal After Regulatory Changes
- Allianz is reportedly on the brink of halting its planned acquisition of Income Insurance in Singapore, valued at US$2.2 billion, following heightened public and regulatory scrutiny.
- The proposed deal encountered challenges due to concerns that it could undermine Income Insurance's legacy of serving middle- and lower-income households.
- Singapore's Parliament introduced amendments to the Insurance Act, granting regulators the authority to block transactions that fail to align with public interest.
- Discussions are underway to formally withdraw the proposal, though no final decision has been made.
Fintechnews | 16 Dec, 2024

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Allianz Subsidiaries
Allianz Partners
3.7
• 414 reviews
Allianz Global Assistance
3.5
• 88 reviews
Allianz Sri Lanka
4.9
• 6 reviews
PIMCO
3.6
• 4 reviews
Euler Hermes
3.0
• 2 reviews
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Allianz FAQs
When was Allianz founded?
Allianz was founded in 1890. The company has been operating for 135 years primarily in the Insurance sector.
Where is the Allianz headquarters located?
Allianz is headquartered in Munich. It operates in 4 cities such as Thiruvananthapuram, Pune, New Delhi, Mumbai. To explore all the office locations, visit Allianz locations.
How many employees does Allianz have in India?
Allianz currently has more than 9,900+ employees in India. Engineering - Software & QA department appears to have the highest employee count in Allianz based on the number of reviews submitted on AmbitionBox.
Does Allianz have good work-life balance?
Allianz has a work-life balance rating of 4.3 out of 5 based on 200+ employee reviews on AmbitionBox. 84% employees rated Allianz 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Allianz work-life balance reviews for more details
Is Allianz good for career growth?
Career growth at Allianz is rated fairly well, with a promotions and appraisal rating of 3.7. 84% employees rated Allianz 4 or above, while 16% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Allianz promotions/appraisals reviews for more detailed insights.
What are the pros of working in Allianz?
Working at Allianz offers several advantages that make it an appealing place for employees. The company is highly rated for job security, company culture and work life balance, based on 200+ employee reviews on AmbitionBox.
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