Media Launch: Nice Place To Work® Rating: Allianz Listed as One of many 25 Finest Workplaces Worldwide

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Revealed Nov 14, 2024 • 6 minute learn

First-ever world rating for Allianz Group locations the corporate at #17 of the Prime 25 World’s Finest Workplaces™ globally
This world award builds on the 52 Allianz entities licensed as a Nice Place To Work^®
Allianz’s strategic deal with upskilling, versatile work preparations, and a powerful tradition of range are distinctive elements within the rating

MUNICH — For the primary time, Allianz positioned among the many 25 World’s Finest Workplaces 2024™ at #17. The revered annual employer rating performed by Nice Place To Work^® measures belief in employers and relies on nameless worker suggestions. This primary-ever world rating for Allianz Group is on prime of the 52 particular person Allianz entities which have already been acknowledged by Nice Place To Work^® within the 2023-2024 survey cycle.

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“This rating is a strong acknowledgment of Allianz’s steady funding in making a office the place staff are valued and may carry out at their finest.
Excessive-trust workplaces like ours encourage stronger worker motivation and retention. On this atmosphere, our persons are higher in a position serve our prospects with excellence, experience, and care,” stated Oliver Bäte, Chairman of the Board of Administration of Allianz SE.

These outcomes are a testomony to Allianz’s people-centric office technique that prioritizes worker wellbeing, engagement, belief, and collaboration. The technique additionally encompasses management ambitions for range and inclusion in addition to studying and growth.

Constructing belief and investing in our individuals

Allianz Group Folks and Tradition invests in constructing resilience for its individuals by serving to them to amass related expertise by way of lifelong employer-sponsored studying. Particularly:

Staff are entitled to at the least one hour of studying per week.
On common, Allianz’s staff spent 50 hours on studying initiatives in 2023, surpassing the corporate’s world goal of 43 studying hours per worker.
Allianz invested 743 Euro per worker in coaching and growth in 2023, amounting to 109 million Euro spent globally.

A crucial space of upskilling is getting ready all staff to make use of, and profit from, AI. For instance, the corporate provides a 12-week on-line coaching program for all Allianz staff that teaches GenAI fundamentals and prompting methods in addition to extra superior topics reminiscent of coding and software program growth.

“At Allianz, we form careers and encourage lifelong studying by igniting the potential inside every one in all our staff. To do that, we empower all of our individuals to amass the talents that they want to achieve their jobs of at the moment, of their jobs of tomorrow, and of their careers over the long-term. Digital and information literacy is crucial to delivering our buyer and development ambitions, and it’s related to each occupation and performance inside the firm. Because of this we see our funding in our individuals’s studying and growth as a aggressive asset and strategic lever of worth creation for Allianz,” stated Renate Wagner, Member of the Board of Administration of Allianz SE, Folks and Tradition, Asia Pacific and Mergers & Acquisitions.

Creating an inclusive and versatile office

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Allianz fosters range, fairness and inclusion (DEI) with devoted applications and targets aligned to a basic perception that various groups obtain higher outcomes and are extra revolutionary and resilient. Since 2007, Allianz has operated a World Inclusion Council, which is made up of greater than 29 Allianz senior administration members from completely different working entities. The Council units the worldwide DEI agenda, leads the businesses’ 5 regional DEI networks and is liable for delivering to set DEI targets. The outcomes are clear: Allianz has achieved total gender parity in its workforce, with ladies representing 52% of staff. The proportion of girls in administration positions worldwide is now 39%, and, with its 4 feminine members, presently 44% of the Allianz SE Board of Administration is feminine.

Allianz’s versatile work preparations are extremely valued by 90% of its staff, in response to their suggestions within the firm’s 2024 world worker survey. These preparations embrace hybrid working fashions with a worldwide minimal commonplace of 40% working exterior the workplace, the power to work 25 days overseas, and cross-business and cross-border rotational assignments to facilitate profession strikes between Allianz entities.

Allianz places of work around the globe provide many facilities, together with custom-made areas for agile venture work, video conferencing, casual lounges or quiet rooms for centered work, in addition to state-of-the-art collaboration know-how for hybrid work. To help work-life steadiness and well-being, Allianz offers company well being providers together with psychological well being help, childcare services, canteens and cafeterias and health facilities.

Concerning the World’s Finest Workplaces™ Checklist

Nice Place To Work^® points the listing yearly. The outcomes of this listing are based mostly on 7.4 million worker survey responses representing the experiences of 20 million staff across the globe. To ensure that an organization to make the 25 World’s Finest Workplaces™ listing, they should have wonderful ends in a survey the place staff are requested about credibility, respect, equity, pleasure and camaraderie, have a minimal of 5 entities acknowledged in nationwide lists and submit a tradition survey. Corporations should have at the least 5,000 staff worldwide with at the least 40% (or 5,000) of these staff positioned exterior the headquarters nation.

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About Allianz

The Allianz Group is likely one of the world’s main insurers and asset managers with round 125 million* personal and company prospects in practically 70 international locations. Allianz prospects profit from a broad vary of non-public and company insurance coverage providers, starting from property, life and medical health insurance to help providers to credit score insurance coverage and world enterprise insurance coverage. Allianz is likely one of the world’s largest traders, managing round 764 billion euros** on behalf of its insurance coverage prospects. Moreover, our asset managers PIMCO and Allianz World Buyers handle about 1.8 trillion euros** of third-party property. Due to our systematic integration of ecological and social standards in our enterprise processes and funding choices, we’re among the many leaders within the insurance coverage trade within the Dow Jones Sustainability Index. In 2023, over 157,000 staff achieved complete enterprise quantity of 161.7 billion euros and an working revenue of 14.7 billion euros for the group.

* Together with non-consolidated entities with Allianz prospects.

**As of September 30, 2024.

Necessary company info: Company disclosures

These assessments are, as all the time, topic to the disclaimer offered beneath.

Cautionary observe relating to forward-looking statements

This doc consists of forward-looking statements, reminiscent of prospects or expectations, which can be based mostly on administration’s present views and assumptions and topic to recognized and unknown dangers and uncertainties. Precise outcomes, efficiency figures, or occasions could differ considerably from these expressed or implied in such forward-looking statements.

Deviations could come up on account of modifications in elements together with, however not restricted to, the next: (i) the final financial and aggressive state of affairs within the Allianz’s core enterprise and core markets, (ii) the efficiency of monetary markets (specifically market volatility, liquidity, and credit score occasions), (iii) antagonistic publicity, regulatory actions or litigation with respect to the Allianz Group, different well-known corporations and the monetary providers trade typically, (iv) the frequency and severity of insured loss occasions, together with these ensuing from pure catastrophes, and the event of loss bills, (v) mortality and morbidity ranges and traits, (vi) persistency ranges, (vii) the extent of credit score defaults, (viii) rate of interest ranges, (ix) forex change charges, most notably the EUR/USD change fee, (x) modifications in legal guidelines and laws, together with tax laws, (xi) the affect of acquisitions together with associated integration points and reorganization measures, and (xii) the final aggressive situations that, in every particular person case, apply at an area, regional, nationwide, and/or world degree. Many of those modifications will be exacerbated by terrorist actions.

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No obligation to replace

Allianz assumes no obligation to replace any info or forward-looking assertion contained herein, save for any info we’re required to reveal by regulation.

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