Pros
Surrounded by mostly very talented and friendly people. Great benefits and work life balance. You wear a lot of hats in your role and gain some invaluable experience.
Cons
Depending on the department's management and reporting structure, working at AIG can be excellent or terrible. Employees are demoralized with extremely limited departmental promotion opportunities unless you move to a different department; rampant layoffs to make balance sheets look better; elimination of incentive compensation and cost of living raises; and no across the board raises for multiple years (while Executives and Senior Management consistently get fat bonuses and compensation increases and employees are paid below market). The focus now is on cutting costs by outsourcing essential functions and using outdated technology and systems. Employees are completely overloaded with work from other departments and unrelated to the essentials function of their job. Penny wise and pound foolish Senior Management mentality. The Relative Performance Ranking (RPR) process is grossly unfair and does little to take out poor performers and instead, creates friction and not collaboration amongst talented employees, while "bad" long term fat salaried employees are still protected. Do your time, gain some great experience and leave.