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AIG
2.9 of 5 310 reviews
www.aig.com New York, NY 5000+ Employees
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AIG Reviews

Updated May 21, 2013
All Employees Current Employees Only

2.9 310 reviews

                             

71% Approve of the CEO

AIG President & CEO Robert Benmosche

Robert Benmosche

(115 ratings)

46% of employees recommend this company to a friend
310 employee reviews
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Parsippany, NJ

Current Employee – been working at AIG full-time for less than a year

Pros1) Generous Paid-Time-Off (although sick days are treated the same as vacation days), 401k, pension plan, and health plan.

2) Short-term incentive - in the form of a year-end bonus - is given to encourage superior employee performance.

3) Telecommuting is possible for employees who demonstrate competency in assigned tasks.

4) Emphasis is shifting from contractors/consultants to hiring full-time employees, so as to build in-house knowledge.

5) Work-Life Balance is great for recent hires (with roughly 1-2 months experience); '9-5' days are certainly attainable.

ConsFrom a macro-level, the biggest con is that on-boarding and training procedures for new/recent hires are poorly defined. The following are three micro-level examples:

1) On-boarding procedures are inefficient, with average required time ranging from 2-3 weeks for new hires.

2) Training provided to new hires has been slow to improve. Inconsistent quality of lesson material, manager inavailability, and poor structuring of sessions still exist.

3) Periodic evaluations of new hires are inconsistent, and do not follow any metric or formal documentation. There is no way to compare your performance against your other colleagues.

Advice to Senior Management1) Work towards improving on-boarding procedures for new hires. Much of the initial 2-3 weeks is under-utilized.

2) 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.

3) Work towards improving workplace software and Internet connectivity issues.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Current Employee – been working at AIG full-time for more than 7 years

ProsFlexible work atmosphere, telecommuting is normal

ConsLack of raises due to pay grade structure, too much favoritism even by new management regime at PCG

Advice to Senior ManagementRetain your talent all year long and NOT just your favorites

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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New York, NY

Former Employee – worked at AIG full-time for more than 7 years

ProsAbility to maneuver around the company. There are so many different avenues and directions in which you can take your career.

ConsIncreasingly high targets that must be met year after year. You sometimes feel as though you are in a meat grinder. No matter how well last month was, you're expected to grow it exponentially the following month. And this never stops.

Advice to Senior ManagementHire more motivating managers; managers who are focused on doing a great job rather than trying not to lose their jobs.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Houston, TX

Current Employee – been working at AIG as a contractor for less than a year

Prosnice co workers, decent managers, nice big cubes, low stress at work, free parking for employees, contractors need to pay 15-30 dollars per month for parking

ConsI was hired as contractor, and they gave me some new project that can be done by 5 people. The manager doesn't even know what the project is, I just had to volunteer for that project. Well, I am fine with that but I am expecting a full time for giving such a role, but looks like they don't want to give and use me to full extent. I am thinking of moving to other job in that case. Pay is not that great. One of my manager is a gossiper. He gossips about his own team members!

Advice to Senior ManagementReward hard working people. Some of your employees are so worthless, contractors are fast and hard working but management doesn't see that. Look who really is working hard, appreciate them even if they are contractors. Some people are stuck in the company for 17-25 years because it is so low stressful job for them. They are making contractors doing all the work.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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New York, NY

Former Employee – worked at AIG as an intern for more than a year

ProsAIG is a laid back to 9 to 5 job that also offers a great benefits. There is a smart atmosphere because most people come from other large firms.

ConsSome things AIG could improve on would be to promote more corporate events where you may network with others. AIG is also looking into cutting down cost so there is a centralize printing system which makes it difficult to print.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
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Current Employee – been working at AIG

ProsTons of exposure and opportunities
Entrepreneurial environment
Good benefits
Flexibility to work from home

ConsLow morale
Inconsistent messages from leadership

Advice to Senior ManagementBe more transparent

Yes, I would recommend this company to a friend

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Wilmington, DE

Current Employee – been working at AIG full-time for more than 7 years

ProsMany departments and divisions in the company yield large growth potential.
The company takes interest in development of their employees such as providing opportunities to secure professional certifications, licenses, and higher education to enhance careers.

ConsHuman Resources is not always in sync with local offices and does not communicate well.
Job postings may already be filled prior to even being posted on company site.

Advice to Senior ManagementRecommend top management to look into performance metrics of claims professionals.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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New York, NY

Former Employee – worked at AIG as a contractor for more than a year

ProsGood people, wide range of work. If you're coming from a start-up atmosphere, there's a lot of security here... well, unless the entire economy collapses. There's no company culture to speak of, so if you're used to making friends at work, don't bet on this place helping your social life. Everyone's out the door to their family as soon as the bell rings.

ConsAn email went around just before I left in 2009 telling AIG employees not to wear branded items in public anymore, in fear of retribution. Obviously this won't be a problem years later, but it gives you an idea of how AIG was viewed at the time, and even now it's not the gold star on a resume it used to be.

No, I would not recommend this company to a friend

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  • Culture & Values
         
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  • Senior Management
         
  • Approves of CEO

 

Current Employee – been working at AIG

ProsGood Company to work for

ConsSlow moving and tough to navigate

Yes, I would recommend this company to a friend

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Current Employee – been working at AIG full-time for more than 8 years

Prosgood benefits
pockets of very smart people

ConsConsultant mind sight of selling frameworks and processes with no basis in reality or thought of implementation
Little to no collaboration
It's about managing perception above all else
Impersonal

Advice to Senior ManagementHire senior people who have actually gotten things done somewhere.

No, I would not recommend this company to a friend

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