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Helpful (5)

Get the experience and leave!

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

I have been working at AIG full-time (More than 3 years)

Recommends
Negative Outlook
Disapproves of CEO
Recommends
Negative Outlook
Disapproves of CEO

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 The focus now is on cutting costs by outsourcing essential functions and using outdated technology and systems.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.

Advice to Management

Too top heavy and bureaucratic. RIFs should be across the board and not just amongst middle management. Get rid of RPR and the current pay grade structure. Need to give employees opportunities and incentives to grow and stay. Pay employees equally across the board and what they deserve. Need to bring back the big picture entrepreneurial focus that made AIG a force to be reckoned, as opposed to the small visioned and churn and burn, sweat shop mentality it has become.

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  1. Helpful (3)

    Fire five people and expect 3 people to do the work of 8

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

    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

    The people I work with are nice

    Cons

    There is an absolutely oppressive workload

    Advice to Management

    Needs to listen to the people at the bottom of the company to make changes that will benefit instead of making the job harder when you try to "help"


  2. Helpful (2)

    In Flux

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

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

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

    Pros

    Company is in flux. Lot's of opportunity to make a difference

    Cons

    Company is in flux. Old guard is a huge road block. Lack of diverse perspectives. Heavy reliance on consulting firm and importing consulting culture.

    Advice to Management

    Get out of your employee's way and let them show you where they can take the company.


There are newer employer reviews for AIG
There are newer employer reviews for AIG

See Most Recent

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