AIG Reviews

Updated April 19, 2015
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AIG CEO Peter Hancock
Peter Hancock
21 Ratings

143 Employee Reviews

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  1. Managing Director

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Managing Director in Detroit, MI
    Former Employee - Managing Director in Detroit, MI

    I worked at AIG full-time

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

    Pros

    large name brand And the feel your part of something big

    Cons

    everything the day the will do they don't it's still a mess

    Advice to Management

    quit lying to your people

  2. Most Toxic place I've ever worked in

    • 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 full-time

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

    Pros

    no pros to share, the company is fractured and leadership is not tied to reality. It's more important to maintain the bottom line than to fix the working environment

    Cons

    lack of career path
    fractured leadership
    vision and reality are not aligned

    Advice to Management

    align leadership to the same values and vision
    value your staff and reward those who has stuck through the good and bad of the company

  3. go to work and bend over.

    • 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 full-time

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

    Pros

    money is good at this company but absolutely not worth what they put you though. not worth your health

    Cons

    are noted in the title of "go to work and bend over". all the new changes make your job harder in order to save 1/4 of a penny while the new processes actually throw thousands of dollars out the door.

    Advice to Management

    top down management no longer works for this company and the ones making the decisions have no idea what happens on a day to day basis.

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  5. Helpful (1)

    Worst company and location to work for.

    • 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

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

    Pros

    None. Management is horrible. They run this place like they're at home. The help desk supervisor is hiring and promoting his friends only.

    Cons

    Help desk is treated poorly. Employees are treated poorly. The environment is so ghetto.

    Advice to Management

    Promote those who really deserve the promotion. The help desk pri

  6. Helpful (2)

    Management needs a course in ethics

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

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

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

    Pros

    Benefits - generous retirement plans, good albeit expensive insurance plans

    Cons

    A disorganized, poorly-planned work environment with culture issues -- the talk of jamming everyone in the NY offices to save a buck are true. There are a lot of refugees in certain departments (Data & IT) from another broken financial institution, so you see a lot of nepotism and importing of flawed/broken/stale ideas and products. Incidentally, management thought it would be a cutting edge idea to implement stack-ranking, clearly not knowing or caring how poorly that system has worked for employees at other firms. Also be prepared to get your bonuses as a sign-on or guaranteed -- management will renege on performance bonuses verbally "promised" during hiring (they'll say they can't change the boilerplate contract and then renege in March, blaming poor performance that isn't noted in any performance review). Don't trust HR to have your back -- they will collude with management if they see a need to (ever have your manager call you and tell you exactly when, for how long, and how many times you called HR for supposedly personal reasons?)

    If you want to work consultant hours for way less pay, and without the expense account, diverse client exposure, or razor sharp colleagues (you get a poor man's version who thinks they're god's gift to the workplace though), then this is the place for you!

    Advice to Management

    Take an ethics class - keep your promises, rather than hiding behind the same contract language you said to ignore (trust us, it says discretionary/performance but you'll get the amount promised!) during hiring. Also, pro-tip -- don't wait until the end of the day before bonus payouts to notify someone that you've changed the terms you all agreed to in the beginning, and telling them while they're on maternal leave probably isn't a great idea either.

  7. All talk no money !

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Representative in Richmond, VA
    Current Employee - Financial Representative in Richmond, VA

    I have been working at AIG

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

    Pros

    The office I worked in had great co workers

    Cons

    When I interviewed for the job they said they had paid training. That never happened.

    Advice to Management

    As you look around the office and see rows of desks and the company can't hire people to fill them you should ask why. I would look long and hard at the Training Dept to see what value they are bringing the offices away from the Regional office.

  8. Bad culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Credit Analyst in New York, NY
    Current Employee - Credit Analyst in New York, NY

    I have been working at AIG full-time (More than 10 years)

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

    Pros

    Good work to life balance

    Cons

    Senior management is old-school and more concerned with preserving their own jobs than to train newcomers. The company lacks the compassion to invest in human capital. More who you know than what you know in the company

    New employees are paid much more than employees who have shown loyalty to the company. Have not been given a raise since the 2009 crisis.

    Advice to Management

    Devote time to train your employees

  9. Helpful (1)

    Director

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

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

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

    Pros

    none - it's a hard place to work and a horrible corporate culture. The work is interesting but you have no control over the outcome, no matter what your title is,

    Cons

    The corporate culture. The inability to work on a matter in detail as more files are just dumped on your desk. Upper management frequently has less experience then those they are supervising, The focus is on writing reports ad nauseum. AIG underwriters rule whether or not it is a sensible decision.

    Advice to Management

    Get some advice from well managed companies where it's employees respect the management and are proud to work for the company

  10. Helpful (1)

    Working at AIG for over 15 years in Louisville, KY

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Claim Representative in Louisville-Jefferson County, KY
    Current Employee - Claim Representative in Louisville-Jefferson County, KY

    I have been working at AIG full-time (More than 10 years)

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

    Pros

    Good benefits, 401K, health/dental insurance, PTO time, salary is ok

    Cons

    They do not favor the older workers....look out if you are 50 or over. They have gotten rid of a lot of great employees. They have a lot of favoritism within the company, a lot of "clicks". If you aren't in the "favorites" group of people, you get dumped on, overlooked, they always expect you to work someone else's desk while they are out and get your work done too yet they will write you up for "working overtime" even though it takes 10 - 12 hours a day to get done what they expect of you.

    Advice to Management

    Get rid of the current management/supervisory staff, not just locally but across the board. There are too many chiefs and not enough Indians. A lot of age discrimination within this company.

  11. Helpful (2)

    Worst Environment I've Ever Worked In

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Underwriting Analyst in San Francisco, CA
    Former Employee - Underwriting Analyst in San Francisco, CA

    I worked at AIG full-time (Less than a year)

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

    Pros

    They pay and the benefits are great! That is how they hooked me in the interview. I got a very reasonable salary with no experience in insurance

    Cons

    There is the absolute minimal training provided to Underwriters who need assistance. They say they will train you on the job, but then get very angry when you ask questions or ask for clarification, and there is not a central information location for employees to reference.

    Also there is NO HR in the entire SF building..... it is a 1 800 number :/

    The day I left:

    I had just found out that I was never assigned major training after 5 weeks on the job and constantly asking about it, and my manager had also told me to stop asking questions and "know my place"

    I got up and quit right then because I felt like I my manager did not want me to learn as quickly as I wanted to learn

    Advice to Management

    Stop focusing on what your competitors are quoting at and focus on employee satisfaction for a second. AIG has a good brand but everyone I had talked to in my short time there had bad things that they secretly told me about the company.

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