Lots of Potential, Horrible Politics - Actuary AIG Employee Review

2.0
Feb 20, 2016
Recommend
CEO approval
Business outlook

Pros

Open to trying new ways of doing business. Strongly promote analytics. Some very talented people work here, including most of my colleagues.

Cons

Politics is oppressive. CEO is new to insurance, and is promoting a large number of people to power who don't understand the absolute basics of the industry. Company culture is becoming like a consulting shop, where everything is always super urgent and half assed. Doesn't matter if there is substance as long as sounds and looks fancy. Over-reliance on the technical power of models, without understanding the underlying data, whether it makes sense relative to the business, or even if its answering the most pressing business needs. Undervaluing of people with deep business knowledge, to the point of barely consulting them in modeling process or setting objectives. People are seen as expense items and interchangeable parts that can either be outsourced or automated.

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5.0
Mar 26, 2026
Recommend
CEO approval
Business outlook

Pros

Good compensation structure, bonuses were higher that the industry average. Freedom to be entrepreneurial and do what I thought would work in my territory

Cons

Zonal management had a lot of turn over at the time, some not qualified to lead.

1.0
Jun 3, 2026
Recommend
CEO approval
Business outlook

Pros

See lots of interesting accounts Coworkers are pretty friendly

Cons

Too bureaucratic Unrealistic production goals Temperamental management Out-of-date systems Very high turnover leading to a lot of teams being overworked

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