SunAmerica Financial Group

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SunAmerica Financial Group Reviews

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2.9
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Recommend to a friend
Approve of CEO
SunAmerica Financial Group President Stephen A. Maginn
Stephen A. Maginn
5 Ratings

44 Employee Reviews

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  1. Good place

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

    I have been working at SunAmerica Financial Group part-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good place to be at

    Cons

    Good place to be at

    Advice to Management

    Good place


  2. I've worked here for more than 5 years and it's been steady employment with lots of ups and downs.

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

    I have been working at SunAmerica Financial Group full-time

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Terrific benefits, paid time off, and vacations. The management staff for the most part is extremely lax and understanding as long as the work is completed. Once you're in a position, no matter how horrible you are at the job, most managers will keep you hired. This is a plus for people who are lazy and generally unskilled, but horrible for those in the department that want to help improve the customer experience.

    Cons

    Leadership issues in certian departments, lots of politics, odd review process. Management has a tendancy to take ideas and implement full procedural changes as if they were their own. Because the benefits are so awesome, the pay is below average unless you are friends with the manager in charge of justifying inflating your salary.


  3. Great company with exceptional benefits - except work/life balance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Jersey City, NJ
    Current Employee - Manager in Jersey City, NJ

    I have been working at SunAmerica Financial Group full-time (More than 10 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    SunAmerica Mutual Funds is a great company to work for. As a subsidiary of AIG, they have exceptional benefits and provide the best resources for their employees. A small- to mid-sized mutual fund company, SunAmerica offers strategic investment opportunities. Learning "the trade" has been a challenge, but well worth it.

    Cons

    Two cons: management is a top-heavy {as it is with other places, too...} and there is no such thing as work/life balance. To work from home, one must finagle a shady deal. It's disappointing in this current age of technology.

    Advice to Management

    Definitely re-visit the option to work from home. Working a 10+ hour day in the office doesn't make for a happy life.


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  5. Helpful (1)

    Completely dysfunctional transformational mess from AIG being pushed down to the subsidiaries to meet corporate goals.

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

    I worked at SunAmerica Financial Group full-time (More than 10 years)

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

    Pros

    Fair compensation and benefits package - unusually generous for senior level executives.

    Cons

    Ridiculous hours - unrelenting and ridiculous deadlines pushed down from AIG with unrealistic expectations on delivery times. AIG Corporate has no patience for or understanding of the impact of these demands on people's day to day lives and ability to do their job (nor do they care).

    Advice to Management

    Get an understanding of how dysfunctional the Corporate Culture is and the ludicrous amount of change expected to occur simultaneously (without causing disruption to the businesses). Figure out why the Life and Retirement business have required multiple reorganizations in the last 2 years and fix it. The officers look at the mess and it is classic ready fire aim - oopps try again.


  6. Great place to learn the business

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

    I have been working at SunAmerica Financial Group full-time (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The company is growing and expanding its product line. It is also a player in the mutual fund industry so there is a good chance to learn the business from one of the best. Always new projects to work on.

    Cons

    Not a great place for work/life balance. They have trimmed a lot of staff so everyone is pulling a lot of work.


  7. More Work for Less Pay

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

    I have been working at SunAmerica Financial Group full-time (More than a year)

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Work environment with other people in office is great. Hours are spread out well.

    Cons

    Poor Management. No help from management when issues occur.


  8. Financial Advisor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Atlanta, GA
    Former Employee - Financial Advisor in Atlanta, GA

    I worked at SunAmerica Financial Group full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Job allows you to set your own schedule and be independent. In the right environment the company and its products can be fairly strong.

    Cons

    Compensation was constantly cut. Over 60% in the time I was with the company. 5+ years. Also the company didn't evolve quickly enough. They kept older products with higher margins in place which ended up costing the company MANY large accounts and untold amounts of assets lost.

    Advice to Management

    Not much to say now. The entire company and business model has been changed since I left. Wish it would have been sooner. Many good accounts and financial advisors would still be with the company.


  9. Helpful (1)

    Fairly pleasant.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Woodland Hills, CA
    Current Employee - Anonymous Employee in Woodland Hills, CA

    I have been working at SunAmerica Financial Group

    Pros

    No supervision, easy going environment.

    Cons

    They don't have a backbone when it comes to their policies.

    Advice to Management

    Don't spend so much money on useless things.


  10. Helpful (2)

    sales job not an advisor

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Austin, TX
    Current Employee - Financial Advisor in Austin, TX

    I have been working at SunAmerica Financial Group

    Doesn't Recommend
    Doesn't Recommend

    Pros

    decent commissions, old book of business

    Cons

    reputation, tremendous turnover, no marketing support

    Advice to Management

    change business model


  11. Great Company with Leadership that have conflicting interests with employees

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Nashville, TN
    Former Employee - Financial Advisor in Nashville, TN

    I worked at SunAmerica Financial Group

    Pros

    Work Flexibility, Client Base Given to You, Great Pay Within Short Amount of time

    Cons

    Upward Mobility, Senior Management, Politics

    Advice to Management

    Get organizational direction more in line with direction of employees, don't run promotions that cut advisor pay without asking or making promotion optional



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