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AIG
2.9 of 5 319 reviews
www.aig.com New York, NY 5000+ Employees

AIG Reviews

Updated Jun 8, 2013
All Employees Current Employees Only

2.9 319 reviews

                             

71% Approve of the CEO

AIG President & CEO Robert Benmosche

Robert Benmosche

(121 ratings)

47% of employees recommend this company to a friend
47 Employee Reviews Back to all reviews
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Director

Director (Current Employee)
New York, NY

I have been working at AIG full-time for more than 10 years

ProsThe company benefits are reasonable.

ConsThey run very technology across the board.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great place for full-time employees; contractors are treated like second-class citizens.

Analyst (Former Employee)
Brooklyn, NY

I worked at AIG as a contractor for more than a year

Prosnice big cubes, Close to major transportation.

ConsSalaries far below similar roles elsewhere in the industry. Legacy systems. Rampant office politics. Very bias if your not Indian.

Advice to Senior ManagementDon't string along contractors with the promise of full-time jobs. If you never have the intent to hire on a contractor, don't make that part of the recruiting process.

Work towards improving on-boarding procedures for new hires. Much of the initial 2-3 weeks is under-utilized.

Work towards improving the training for new hires. That includes defining/sticking by the manager-led instruction schedule, assigning managers who can effectively teach the material, planning and executing effective sessions, and instituting formalized evaluations.

 Some of your employees are so worthless, contractors are fast and hard working but management doesn't see that.

No, I would not recommend this company to a friend

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Its WHO you know not WHAT you know

Accountant (Current Employee)
New York, NY

I have been working at AIG full-time for more than 8 years

ProsIf you get into the right work unit with leadership that is CONNECTED at the top (either through relations or relationships) then you can have a career for 25 years.

ConsIf you get into the wrong work unit where your leadership is not CONNECTED you will probably have 15 bosses in a 5 year period. This is my experience. Very unorganized and chaotic. Archaic systems that don't speak to each other. You also will probably have bosses and bosses of bosses that know half of what you know but be put in these positions due to 'knowing someone'. Very hard to get ahead unless you know someone and you are willing to work 24/7 365 days.

Advice to Senior ManagementBLOW IT UP!

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Sweatshop environment

Vice President FP&A (Former Employee)
New York, NY

I worked at AIG full-time for more than 7 years

ProsIts better than being on unemployment, welfare or food stamps but not by much. Located in wall street area is convenient to many parts of tri state area.

ConsAutocratic leaders who require those who aren't 'connected' to work 24/7. I had a boss who worked in Finance that didn't know what an accrual was. She got ahead though she was so dumb cause she was connected.

Advice to Senior ManagementClean the executive management team and start over. Anyone with 10 years or more of service should be terminated.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Complete lack of all forms of business acumen

Anonymous Employee (Current Employee)

I have been working at AIG for more than 3 years

ProsNone - Do not work here. Only if you like getting stabbed in the back repeatedly.

ConsThis is the most arcane management structure and style in the modern world. It is a sales first, last and middle mentality only. No ability to manage any project, management not trained in really much of anything when it comes to doing things correctly.

Advice to Senior ManagementNone, they don't listen to anyone but themselves anyway.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Low Compensation

Anonymous Employee (Current Employee)

I have been working at AIG full-time

ProsOpportunity of pay increase and promotion are definitely there, if you are a good friend with upper management.

ConsKeep cutting manpower without replacement, no paid increases for the past two years. Claim doing very well every quarter but not taken care of the employees. When feedback like no increase in pay is hard to keep up with living standard; answered from the company is "AIG paid you to do your job, not to pay you to keep up with the living standard". But this statement does not apply to every one in the company. The performance evaluation system forcing certain percent of employees at the lower rate; good workers/performers with bad rating to meet the "system requirement". Grading/Rating is not transparency at all. No voice will be heard unless you are in the "Management Club". HR is ridiculous helpless, too much politic, low morale, Everything is last minute fire drill. No plan, not organize, Not encourage self development in professional life.

Advice to Senior ManagementHave few advice in mind; but then why wasting my time as they only want to listen to what they want to hear but nothing else.

No, I would not recommend this company to a friend

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Not the greatest experience...depends on the department.

Credit Analyst (Current Employee)
New York, NY

I have been working at AIG full-time for less than a year

ProsSome nice co-workers, which is the only thing I can think of.

ConsNot a good work environment, benefits, just about everything isn't a good place.

Advice to Senior ManagementNot sure if it will ever change.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Trapped with golden handcuffs

Claims Adjuster (Current Employee)
Olathe, KS

I have been working at AIG full-time for more than 10 years

ProsGood pay in claims department. Co-workers are great.

ConsHR is worthless. No minorities in upper management. Forced ranking. No training. Toxic environment. No teamwork. Endless work hours to meet goals. Unreliable computer systems. All show and no substance when NY in town. Good old boys network at the top.

Advice to Senior ManagementListen to your employees and do not be punitive when they speak. Build futures for people and the company. Do not allow regimes. Allow talent.

No, I would not recommend this company to a friend

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1 person found this helpful  

This use to be a great company

Senior Analyst (Former Employee)
New York, NY

I worked at AIG full-time for more than 7 years

ProsGreat benefits, 401k and cash balance

ConsMassive restructuring, poor performance rating process, lack of upward mobility, too many chiefs and not enough people to do the work, no raises the last 3 years, incompetent HR department

Advice to Senior ManagementCreate better performance rating process. Do not have a forced curve that puts 20% percent of your work force in danger of being let go. Give cost of living increases.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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2 people found this helpful  

AIG (Arrogant Ignorant Greedy)

Anonymous Employee (Current Employee)

I have been working at AIG full-time

ProsGood amount of vacation days, if you don't use sick days

ConsOver the last couple of years they have removed merit increases, decreased advancement opportunities, increased workloads and decreased health benefits, ultimately reducing employee pay further. Too many Chiefs and not enough Indians.

Advice to Senior ManagementRemove some of the multitude of layers and get in touch with how the front line workers continue to struggle to service the clients. Go into detail about how you are reporting profits: layoffs, outsourcing, and having your employees pick up the tab.

No, I would not recommend this company to a friend

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