AIG reviews

3.6

63% would recommend to a friend

(7,540 total reviews)

Peter Zaffino

71% approve of CEO

62% positive business outlook

AIG has an employee rating of 3.6 out of 5 stars, based on 7,540 company reviews on Glassdoor which indicates that most employees have a good working experience there. The AIG employee rating is in line with the average (within 1 standard deviation) for employers within the Assurance industry (3.6 stars).

Reviews by job title

8K reviews
3.0
May 29, 2014
Recommend
CEO approval
Business Outlook

Pros

Excellent insurance benefits, 6% 401k match, pension, paid parking, work from home- though this is very dependent on your manager, mostly intelligent, nice people who care about doing a good job, name recognition. Exposure to a variety of accounts of all sizes- you won't be bored.

Cons

Cost cutting measures have decreased staff and constant changes with no clear direction of the end game is causing FUD (fear, uncertainty and doubt ) in the field. FUD is resulting in resignations of high performing staff who were not RIF'd further increasing workload for those left to sweatshop status. To keep up with the increased workload demands, you will need to work on your pto days because there is not anyone to back you up. Remaining managers are unsympathetic to their new reports workload demands as they have no experience with the particular department they now manage (nor any authority for it) and can't step in to help and won't consider suggestions to boost morale. RIF's were primarily people who made the most money not based on rating, experience or results. Analytics rule the day- expect to spend much of the underwriting process in several different "data capture" processes.

2.0
May 3, 2014
Recommend
CEO approval
Business Outlook

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.

3.0
Apr 23, 2014
Recommend
CEO approval
Business Outlook

Pros

Good opportunity for growth, flexible with scheduling, good starting pay with certain positions and management for the most part is very nice and personable

Cons

No raises for multiple years running and yet CEO and senior management constantly get raises and bonuses. Completely overloaded with work from other departments because the company refuses to hire people and is in fact cutting jobs to foreign countries for cheap labor.

Viewing 424 - 426 of 7,540 Reviews

Glassdoor has 8,624 AIG reviews submitted anonymously by AIG employees. Read employee reviews and ratings on Glassdoor to decide if AIG is right for you.