AIG reviews

3.6

64% would recommend to a friend

(7,533 total reviews)

Peter Zaffino

71% approve of CEO

62% 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
2.0
Aug 16, 2008
Recommend
CEO approval
Business Outlook

Pros

Large company that has many different areas to move to. Benefits are good. Time off is generous.

Cons

Low morale causes employees to leave. Job security is poor. Management does poor job of communicating with employees. There does not seem to be much transparency between departments. Management tends to think things are better than they actually are. For instance, they have been in denial awhile now about exposure to subprime mortgages.

4.0
Aug 8, 2008
Recommend
CEO approval
Business Outlook

Pros

Amazing size, sophistication and complexity. You can grow in experience and responsibility as fast as you can handle it. I've been with AIG for more than 10 years and have learned more than I think I would have anywhere else. Other insurance companies seem so slow to move forward and actually get stuff done. AIG is always evaluating and re-evaluating what we are doing. Is this the right approach? How can we do it better? What's the right way.....don't just keep doing it one way because we always have. And, there's an increased focus on doing things more consistently across divisions, globally. I think we are going to be so much stronger and better in the next 12 to 18 months.

Cons

Recently, the stock value has been killing us. Also, the size can be overwhelming at times. Communication is a challenge because of this. As a leader in the insurance industry, AIG is always in the spotlight. This is definitely a double edged sword. Things are easily blown out of proportion and misunderstood by the outside world...and then AIG has to react and waste money and resources on the wrong things at times, just to appease the public eye. For example, we are one of the most diverse organizations in the world, but we had to form a diversity department, with high paid salaries. Some of this is good, but I think we may be spending too much money in this area. Also, it seems some people used to manage people and even when their jobs change and they lose their staff, they're still here, collecting a high salary and doing "special projects", at a high expense to AIG. While this is a nice thing for the individual, I don't think we can afford it as a company.

4.0
Aug 5, 2008
Recommend
CEO approval
Business Outlook

Pros

AIG the parent company has a lot of history and comprises many companies but AIG Investments is relatively young. It provides for positive career development. AIG Investments is growing and is recognized as the 7th largest money manager by 'Pensions & Investments'.

Cons

The parent company is LARGE and with that comes a large number of I.T. systems, work processes, and senior managers. It can be difficult to get common tasks accomplished. Human Resources is understaffed and can use improvement in recruitment, starter-leaver process, diversity movement, and modern-day working arrangements and benefits.

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