AIG Reviews

Updated 22 April, 2015
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2.9
918 Reviews
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Approve of CEO
AIG CEO Peter Hancock
Peter Hancock
100 Ratings

Pros
  • Great work life balance compared to many other wall street based offices (in 53 reviews)

  • has a work from home program that enables employees to work from the comfort of their own home (in 30 reviews)

Cons
  • Work life balance: It's slowly getting better (in 15 reviews)

  • opinions/suggestions are not easy to get pass to senior management team (in 30 reviews)

More Pros and Cons

Employee Reviews

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  1. Good employer with competitive benefit packages

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AIG

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Global company with wide array of opportunities across the globe for well qualified talents

    Cons

    Falls behind some peers on systems and operations area; newcomers find it somewhat difficult to adapt

    Advice to Management

    More training needed for employees in fast changing environment despite a pressure to cut costs

  2. Ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AIG

    Pros

    Overtime is compensated during the busy seasons

    Cons

    Some people unpleasant to work with

  3. Helpful (2)

    Every Department is Like a Different Company!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative Assistant in Toronto, ON
    Current Employee - Administrative Assistant in Toronto, ON

    I have been working at AIG full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Flex time off, vacation time

    Cons

    Cannot trust my most management or HR.
    Pay freezes
    Outsourcing many many jobs to India and other countries

    Advice to Management

    Treat your employees with respect and honesty. Treat them like you would like to be treated. This goes for non-management employees as well!

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  5. Helpful (1)

    Beware of No Pay Raises

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Underwriter in Toronto, ON
    Current Employee - Underwriter in Toronto, ON

    I have been working at AIG full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good place to start with acquit training programs and ability to underwrite complex accounts. Random scattering of good people.

    Cons

    Current compensation system does not include annual raises, your salaries is fixed within your job grade/title with no opportunity for increases unless you have an offer from another company or you are promoted, if you are promoted the company will not give more than a 12% raise.

    A "man-behind-the-curtain" system of evaluation you against your peers to determine your bonus.

    Gross company attitude towards other markets and brokers. Many still have an outdated "we're AIG, take it or leave it" superiority complex.

    Advice to Management

    Change the compensation structure.

  6. Helpful (2)

    Fair and reasonable but unhappy as contract worker.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Claims Examiner
    Current Contractor - Claims Examiner

    I have been working at AIG as a contractor

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    I would like the benefits and paid time off. Good philosophy for customer service. Flexible work schedules and work life balance is okay.

    Cons

    It is an American company and they appear pulling jobs into the US or sending them to India. Some departments are over using contract workers.

  7. Very professional and attentive

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AIG

    Pros

    The were really informed and took time looking at my candidature before the interview

    Cons

    Stressful because I did my interview with my competition

    It was like speed dating I met 5 people for a half hour each, I wish it were longer

  8. Helpful (1)

    Working at AIG

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative Assistant in Montreal, QC
    Current Employee - Administrative Assistant in Montreal, QC

    I have been working at AIG full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Competitive Salary and that's the one thing that I can think of.

    Cons

    Bonus rating / Systems / Internal communication / Training

    Advice to Management

    The focus should be more on the people working in the company and not on how profitable they are or can be. Happy empoyees are productive and loyal employees.

  9. Helpful (1)

    Not for me

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Underwriting Assistant in Toronto, ON
    Current Employee - Underwriting Assistant in Toronto, ON

    I have been working at AIG

    Approves of CEO
    Approves of CEO

    Pros

    Job function is very defined.

    Cons

    Big company, too many people. You are just a number.

    Advice to Management

    Needs to take care of their employees

  10. Helpful (1)

    Entrepreneurship at work (rewards without risk)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Jersey City, NJ (US)
    Current Employee - Manager in Jersey City, NJ (US)

    I have been working at AIG full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    - Constantly evolving company which challenges you all the time
    - If you have the drive and capability, sky is the limit
    - Ecosystem supports movement within company (though there is no active encouragement)
    - Great benefits
    - Work life balance

    Cons

    - Can seem quite racist due to heavy emphasis on communication which often favors native English speakers at the cost of required and relevant capabilities
    - Absolutely NO career planning at all
    - Many middle managers lack commitment and capability leading to sub-par performance in many pockets

    Advice to Management

    - Implement reverse feedback and make it one of the criteria for promotions within company - this will also help weed out toxic managers
    - Start skip level interactions (with your indirect reports)
    - Offer choice of career paths or at least options and sync it up with available opportunities to establish a miniature exchange in which managers can recommend their directs as suitable candidates for available opportunities
    - Give incentive for moving within company after 2 years of work in the same role, offer incentives for managers so they encourage their directs to move out

  11. Business Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Houston, TX (US)
    Current Employee - Business Analyst in Houston, TX (US)

    I have been working at AIG full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Long term security for those who are interested

    Cons

    Communication (sometime) but what large company doesn't experience that ?

    Advice to Management

    You rebounded from a financial collapse. (No advice needed)

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