AIG Reviews

Updated March 21, 2015
258 reviews filtered by
  • New York, NY
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2.9
258 Reviews
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AIG CEO Peter Hancock
Peter Hancock
90 Ratings

258 Employee Reviews

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  1. Benefits are good.

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

    I worked at AIG full-time (more than 8 years)

    Pros

    - good benefits (paid time off pool of days), option to work from home, flex time

    Cons

    Some managers are better than others. Performance review process is not transparent. Over the past few years, there were rolling layoffs. Management was trying to fit all NY employees into one building to reduce real estate costs. They also started outsourcing many positions. There was not much job stability. There was a group called WOW (way of working) that infiltrated each department for a certain amount of time. Their goal was to understand the department's purpose, determine any inefficiencies and how to reduce those inefficiencies....which usually resulted in layoffs.

    Recommends
    Neutral Outlook
  2. AIG Summer Analyst

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

    I have been working at AIG as an intern (less than a year)

    Pros

    Good pay, nice people, will treat you relatively well overall find experience

    Cons

    Boring, lots of excel and powerpoint, not particularly challenging but not difficult

    Advice to ManagementAdvice

    Treat interns with more respect and try to teach them more tangible skills

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful

    Company now cares more about data than people

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

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

    Pros

    Some wonderful people, in some departments. Company is powerful and growing internationally.

    Cons

    Company is focused globally, is ignoring domestic market and domestic workers. Cares a lot more about data than it does about its employees, and this is starting to show to their customers. Have not offered raises in a few years, just yearly performance bonus; there is no reward for staying, it is all about "what have you done for me lately."

    Advice to ManagementAdvice

    Take care of your employees and they will take pride in their work and take care of your customers. Treat your employees the way you have been and you will lose even more customers.

    Doesn't Recommend
    Neutral Outlook
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  5. Great Company

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

    I have been working at AIG full-time (more than a year)

    Pros

    Lots of opportunities for growth, reputable company, respected in the industry, interesting work, talented colleagues, good benefits, above average market pay, travel & work from home opportunities

    Cons

    The IT issues take forever to get resolved, the work can sometimes get overwhelming, some departments are understaffed

    Advice to ManagementAdvice

    Hire more competent IT (and non-IT) people,

    Recommends
    Positive Outlook
    Approves of CEO
  6. 5 people found this helpful

    Used to be a Solid Employer

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

    I worked at AIG full-time (more than 10 years)

    Pros

    Good Work/Life Balance: Good Time Off

    Cons

    Lots of quiet large lay offs; constantly changing executive management plans; executives constantly providing promotional opportunities for themselves; lack of promotional opportunities or opportunities to move around the company laterally; lots of dead end departmental positions; executive management has no interest in knowing the real talent within all levels of the company and making sure they are in the right position rather than just performing lay offs; good salaries going in but lack of performance based increases (lots of "you performed exceptionally well this year but no one, but the executives, are getting raises this year".

    Advice to ManagementAdvice

    Note the cons and don't be afraid of getting to know all levels of your staff especially your longtime employees (most of whom you have already laid off) because you are sending a lot of really talented people to your competition.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 3 people found this helpful

    summer internship experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Summer Analyst in New York, NY
    Former Intern - Summer Analyst in New York, NY

    I worked at AIG as an intern (less than a year)

    Pros

    senior leadership seminars. there are 6 or 7 seminars presented by the C level executives in various departments of the company, specifically to all summer interns. very good way to help us understand all aspects of business. work hours are typically 9-5, with low stress. Great pay for interns. $35/h.

    Cons

    lack of company culture. people here just come to work and then go home. very few social events to engage employees. Office is always quiet and uptight. few opportunities to get to know ppl who are not on your team, which is typically the size of 5 or 6.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. Excellent experience with so much opportunity

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

    I have been working at AIG (more than 3 years)

    Pros

    Most successful corporate turnaround in history of business, and the opportunity to truly shape the future if aig and insurance

    Cons

    Too much to do. But, come on NYers, who isn't up for that challenge.

    Advice to ManagementAdvice

    Train managers to manage and lead their people. Make that a core competency.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful

    Good work conditions

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

    I have been working at AIG

    Pros

    Knowledgeable colleagues and management
    Good benefits

    Cons

    Not much evolution or development possible in department

    Recommends
    Positive Outlook
    Approves of CEO
  10. Company needs to pay its employees

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

    I have been working at AIG

    Pros

    The people are awesome at the company tho.

    Cons

    Pay is not great. There is favoritism at the company.

  11. 4 people found this helpful

    Some really good people at AIG

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

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

    Pros

    I have worked with some great people at AIG. There are always challenges and something new to do and learn. The work has been interesting.

    Cons

    Management in the tax department is poor. Way too political. Too many people just trying not to make a mistake and afraid they will be fired. Over the years there have been too many consultants running the show.

    Advice to ManagementAdvice

    Get new management in the tax department. They have wasted millions and millions of dollars in transformation and have nothing to show for it.

    Recommends
    Positive Outlook
    No opinion of CEO

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