Careers at Allianz
Allianz Group is a financial services company which was founded in 1980. They are one of the largest insurers and asset management companies in the UK.
The group employs over 4,200 people across offices around the UK and are headquartered in Munich, Germany.
There is always lots going on in the insurance world which makes it fast-paced, interesting and fun to learn about. If you are looking for an exciting place to work you should consider a career with Allianz.
Allianz Application Process
Allianz recruits on a rolling basis and typically keeps roles open until the opportunity has been filled. They advise you to apply early to avoid disappointment. To begin with, you should consider your motivations for the role you are applying for and ensure you meet all of the requirements listed in the job specification.
You don't need to be an expert in your chosen role as Allianz commit to developing each new recruit when they join the group.
Use the information below to help support your recruitment process and prepare for the tests and assessment centre.
To apply for a role at Allianz you must submit an online application with the bulk of the application representing your CV.
One area to focus on is your motivations for working at Allianz as this is one area recruiters look for in their assessment of your application. It is advisable to research the company and what they do to show a solid understanding of your application. This will help you stand out.
Each application is individually read by a team member so there may be slightly longer waiting times to hear back. If your application form is accepted you will be invited to complete some assessments that are role-specific to your job.
Allianz Aptitude Tests
The online tests are role-specific and require plenty of practice and preparation before you dive in and take the real tests. The main reason your test score is important is that typically the top 50% of test-score applicants will be shortlisted so it's important that you get as high a score as possible.
The tests you might have to take are:
- Numerical Reasoning Test
- Verbal Reasoning Test
- Logical Reasoning Test
- Situational Judgement Test
Allianz Numerical Reasoning Test
The numerical reasoning test is an assessment of your ability to solve mathematical problems using math theories and concepts. In addition to the problem-solving skills you need, there is also an element of time pressure. Each question needs to be answered in under a minute.
You might be asked to convert fractions to decimals, solve averages and calculate ratios. Although the maths itself is quite basic, it is worth sharpening your skills by practicing questions.
The numerical reasoning test is relevant for financial roles as well as any jobs requiring math skills.
Allianz Verbal Reasoning Test
The verbal reasoning test is an assessment of your ability to comprehend information and make conclusions from dense text passages. You will be asked questions about different passages of text - deciding whether statements are 'true', 'false' or if you 'cannot say'.
Along with verbal reasoning skills, time pressure and the ability to scan and read information quickly is also being tested. No prior knowledge is required regarding the topics of the text passages.
The verbal reasoning test is used to simulate similar day to day business activities such as receiving reports and concluding or summarizing what they say to other members of your team.
Allianz Logical Reasoning Test
The logical reasoning test is an assessment of how you think and solve problems. During the test, you will be presented with a series of patterns in the form of shapes which you must try to work out the next sequence for.
This is perhaps one of the most challenging tests, as most people have not been given a logical reasoning test to take. This is why practice can make all the difference and help you develop a technique and method for solving these types of problems.
The assessment helps measure your ability to think under pressure, solve challenging problems and use logic to make sense of situations.
Allianz Situational Judgement Test
The situational judgment test is an assessment to see how you respond to challenging situations that might occur during your day to day work. The multiple-choice questions test you on a range of different scenarios where you must choose the best and worst responses to a given work situation.
It's important to think strategically about how you answer these types of questions and to remember the core values of the business.
The situational judgement test helps assess how well suited you are for the role as well as if you'll be the right cultural fit for the organization.
Allianz Video/Phone Interview
You might be required to participate in a telephone or video interview with Allianz which helps provide your interviewer with more information about your work experience and motivations to work in the position.
To prepare for the interview, be sure to know your CV and application well as you will have to talk about your experience and provide examples of behaviours and skills you've shown during those periods.
Allianz Assessment Centre
The Allianz assessment centre is the final stage of the recruitment process. Candidates who have been shortlisted from the pre-screening process will be invited to take part in an assessment day.
The day consists of five to six main activities including:
- Short presentation
- Participating in group discussions
- In-tray exercises
- Acting out different scenarios
The activities are meant to help Aliinaz recruiters get a better understanding of an applicant's personality and professionalism. You should keep in mind that some of the skills being looked at include:
- Analytical thinking
Candidates are given points throughout the day and only those with the highest scores are invited for the final interview, where they may be given a job offer.
Allianz Final Interview
The final stage interview is an opportunity to speak to the hiring manager 1:1 and make a final lasting impression. You should use the STAR method to structure your interview responses (situation, task, action, response).
Typical interview questions might include:
- What makes you want to work in this department?
- Where do you see yourself in five years?
- Name some key challenges with our financial market?
- What is the 10-year treasury?
- How can we improve the X market?