AIG reviews

3.6

64% would recommend to a friend

(7,533 total reviews)

Peter Zaffino

71% approve of CEO

61% positive business outlook

AIG has an employee rating of 3.6 out of 5 stars, based on 7,533 company reviews on Glassdoor which indicates that most employees have a good working experience there. The AIG employee rating is in line with the average (within 1 standard deviation) for employers within the Assurance industry (3.6 stars).

Reviews by job title

8K reviews
4.0
Feb 5, 2009
Recommend
CEO approval
Business Outlook

Pros

You can gain a ton of experience in a very short time. There are many opportunities for advancement, even for fairly young employees without much experience or straight out of college. The training and experience you get at AIG is sought by all of AIG's competitors in the insurance industry.

Cons

The negative perception of AIG in the press these days. This has led to general depression at work and realization that we are no longer the biggest and best insurance company in the world. There is a ton of personnel turnover. It's very hard to see so many employees leave to go to the competiion.

1.0
Feb 5, 2009
Recommend
CEO approval
Business Outlook

Pros

In my opinion, the best reason to work for Allstate would be the benefits. The profit sharing plan within the company is a very good one, granted to make it really pay off, you need to do your homework and invest wisely. Also they offer a wide variety of options to choose from when it comes to medical insurance, so that you can tailor the amount of coverage you need to YOURS and your family's needs, instead of just shoving everyone under one blanket plan. Dental, Vision, Life Insurance for both you and your dependents, Long Term Disability, Group Legal and the ability to purchase additional days off are done yearly. They also offer a pretty competitive Paid Time Off (PTO) Bank, depending upon the amount of time you have been employed there. PTO combines both your vacation days and sick days, which of course must be taken into account. Another great thing about Allstate, while morale may not be up to par, the people that work within the company really are the best part of working there. Having worked in several different departments myself, I can tell you that regardless of outside factors, the people I have worked with have been top notch and a pleasure to work with.

Cons

Unfortunately, when I first started working there, I would have said that there were very few downsides to working there, however as the years passed, I was able to say this less and less. One of the major downsides for working at Allstate is that there are far too many hands in the cookie jar in far too many places, which doesn't leave much room for things to operate very efficiently. It is advertised within the company that the different departments within the company are in place to ensure that things happen more efficiently, however that leaves far too many people depending on other departments to do their job or answer any questions you may have for this to work properly. And it seems that while the company is so large, there are never enough people to allow for people to both do their job and answer the questions that need to be answered. So due to this, corners are cut, things are not properly documented, things are rushed through too quickly and end up having to be sent back due to errors and it creates mass chaos for not only that one person who cut that corner, but for everyone down the line that was/is waiting on them not now correct their error. Another thing that does not help is the time restraints that are put on processing items. The managers in these areas have lofty ideas as far as how long the turn around time should be for different items to be processed, however when there are hiring freezes, cutbacks in employees and overtime is disallowed, it makes these turn around times almost impossible to achieve. When I first started with the company, the idea was to 'exceed the expectation' and the turn around times in processing areas was a reasonable amount of time, but was almost always exceeded, leaving our customers and agents both very pleased and the employees content. Then when competitive strategy came into play and it was suddenly more about beating out the processing times of other companies, suddenly you are dealing with angry customers, agents an other in-house employees, because you aren't able to complete things in the time frame that the company as a whole is now advertising, leaving the employees completely deflated, frustrated and feeling like they can never catch up. When it comes to career opportunities, currently, there really are none in most area's due to hiring freezes. Which bring up another issue... OUTSOURCING!! While I completely understand that with the economy the way it is today, it is much cheaper and cost effective to pay someone in another country to do the same jobs that you are currently having to pay competitive salaries and wages for... HOW IS THIS HELPING THE US ECONOMY! By them taking away all of these jobs they are furthering the economy in other countries and moving several hundred 'valued employees' into the unemployment line looking for other work with potentially a limited skill set, depending on what area's of the company they have worked and what opportunities have been available to them. Personally, I currently could not recommend Allstate and it's affiliates as a good/sound place to work, because you really never know if the job you have is a secure one, or if next week they'll tell you that they have decided to 'outsource' your job.

4.0
Feb 1, 2009
Recommend
CEO approval
Business Outlook

Pros

Flexibility of the hours permitted to work. Recognition for successes on the job. Able to take holiday without the worrying about getting requests denied. There is a strong support staff in place that to help other individuals succeed. There are ample networking techniques in place to broaden industry knowledge. The experience of working within the company has set a strong framework for future endeavors.

Cons

The stresses associated with the current financial market relating to job security. Need to retain workers has led to the retention of individuals who would otherwise not be qualified within their current positions. Typical, 9 to 5 job environment.

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