The Big Elephant in the Room - Accountant AIG Employee Review

2.0
Sep 22, 2014
Recommend
CEO approval
Business Outlook

Pros

401K Matching, Option to Work from Home

Cons

Back in February 2014, the CEO at the time (Benmosche) announced that the Full Year 2013 after-tax operating income was another successful milestone. But alongside with it is the ongoing Reduction in Force (RIF). Jobs are being off shored outside the United States. You are then given the task to actually train your replacement from another country during the shadowing process. If you’re being laid-off, why do you have to train your replacement? It’s like a slap in the face for the current employee being laid-off. To add insult to the injury, is the Relative Performance Ratings (RPR) process. This system still continues to lower the morale of the employees of this company year after year after year since the Bail Out. There are still no Base Salaries increases, not even a measely 1% since 2008 for the majority of the employees. There is a lot of inequality. It's really degrading and distasteful when we see our RPR result every year and then on one side, the Executives are getting huge bonuses amidst our restricted base salaries and lay-offs. For the common worker, no base salary increase leads to no change in overtime rate; your Pension, SS and Medicare contributions are affected; your cost of living, etc.

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5.0
Feb 20, 2026
Recommend
CEO approval
Business Outlook

Pros

Good benefits, good people in New York

Cons

Management out of touch with reality

3.0
Jun 22, 2026
Recommend
CEO approval
Business Outlook

Pros

AIG pays well. Pretty good benefits package & bonus structure.

Cons

The work is wild at AIG! Also, there are ALOT of people at AIG so, everybody has to weigh in on everything you do...keeping you bottlenecked in your work flow. AIG is not the place for a brand new, entry level adjuster breaking into the commercial space and they pretty much only hire experienced people HOWEVER, it does not matter-management will not trust your experience therefore, there is little to no autonomy! You will find yourself touching the same thing 3 or 4 times because your always waiting on permission or someone else's opinion on something, etc. You got to get permission to send for conflict check, got to get an opinion to answer a demand, a tender, an ROR ltr. .. they pounce on defense counsel's hourly rate to be cheap with them which makes them work w/less efficiency...dragging the claim out so they can get their billable hours. You will work your fingers to the bone for that good pay & you will be frustrated and exhausted, ALL THE TIME!...The environment is pretty stuffy w/a very high stress level, (especially with long time AIG employees who definitely drink the "kool-aid" and think they are hot stuff). They will keep you in dumb meetings on your claims all the time presenting your claims with everyone scared to make a decision plus, they never want to pay the claims, they are cheap as hell. They will make you have to scramble at a mediation to get more money even though you told them what you needed when they forced you to present the same claim to 3 different people before the mediation date. To me, management are glorified overseers who still handles the claim...they just tell you what to do or, they come behind you and second guess everything. And, they are trying to enforce 3 days in-office a week (which is hell for ATL traffic) plus, it's crowded on the elevator (which seems to get stuck more often than what I am comfortable with) and trying to find a desk when everyone decides to come in at the same time. It's a good temporary move....if you need the advanced commercial experience and/or want to reset your pay...stay for 1-2 yrs then, go somewhere else with work from home and a little more professional autonomy.

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