pathetic company to work - Cat Specialist II AIG Employee Review

1.0
Oct 23, 2018
Recommend
CEO approval
Business Outlook

Pros

Salary credited on time Transport facility flexible work time.

Cons

Company is pathetic for overall career advancement. Just in September 2018 they fired 28 employee in a day without prior notification in Bangalore COE. Just to fulfill the CEO vision of reducing the operating margin. Company is getting in billions of dollars of cat loss every quarter and purchasing pathetic company for investment purposes from which they cannot even recover a dime. Every 2-3 years there is a change in management CEO and with it comes a session of firing and hiring. You cannot expect any proper career vision because the company does not have any. Forget about any promotion and growth. for years peoples are doing same work mostly data entry and call it a cutting edge solution. Various new department are getting created without any vision and action items and getting closed in the name of cost cutting. If you are doing any complex work which is really hard to solve. It will be evaluated with the different persons data entry work. No attention to details and no research atmosphere. In the name of research it is only buying new tools and software. Just avoid getting a job in AIG Bangalore. There is tremendous pressure on the higher management on making company losses negligible and it is hard to get profitable after lot of cat events and competitors . AIG is a sinking ship but it will take some time to sink completely.

Explore other reviews about AIG

5.0
Jun 11, 2026
Recommend
CEO approval
Business Outlook

Pros

The 401(k) matching contribution is excellent.

Cons

Commuting to New York City four days per week. The schedule does not allow for remote work.

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.

See reviews by: Helpful|Rating|Date|All