AIG reviews

4.5

84% would recommend to a friend

(4,880 total reviews)

Peter Zaffino

99% approve of CEO

82% positive business outlook

AIG has an employee rating of 4.5 out of 5 stars, based on 4,880 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The AIG employee rating is 24% above average for employers within the Seguros industry (3.6 stars).

Reviews by job title

5K reviews
1.0
Jun 12, 2014

Very Unethical company

Recommend
CEO approval
Business Outlook

Pros

Theoretical limitless income potential. Ability to set your own schedule.

Cons

Many pointless meetings with management. The sales mentality is back in the '80's. Very narrow minded in their financial products, they push annuities above all else even with the new limitations by finra on annuity sales! They expect you to "find a way" to make your compliance sheet "justify" an overload of annuities in the clients portfolio. If you are terminated, they try to force you out rather than pay unemployment benefits. The managers get a "reward" if they dont fire and force you to quit. Clients are very unhappy with VALIC so its an uphill battle to write new business within your book which is where they want you to focus.

1.0
Jun 2, 2014
Recommend
CEO approval
Business Outlook

Pros

Compensation is good, 401K match is good, lots of vacation time, relatively intelligent staff, Brand is gaining respect, Charismatic, driven and smart CEO

Cons

Everyone works hard - but leadership mandates 20% of people get a bad rating so the culture is super competitive. Rather than teamwork, people just stab you in the back all the time. They take credit for your good work and call your manager on any minor mistakes. It is a corrupt, cancerous place. Managers don't know how to manage. Add on continued restructuring and lay-offs - and a fantastic CEO who is irreplaceable and about to retire - and it is not a healthy climate nor does it have a good future. The Property Casualty dept which is huge component of AIG's business is not doing well. Steer clear.

2.0
May 3, 2014
Recommend
CEO approval
Business Outlook

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.

Viewing 313 - 315 of 4,880 Reviews

Glassdoor has 8,620 AIG reviews submitted anonymously by AIG employees. Read employee reviews and ratings on Glassdoor to decide if AIG is right for you.