AIG reviews

3.6

64% would recommend to a friend

(7,536 total reviews)

Peter Zaffino

70% approve of CEO

62% positive business outlook

AIG has an employee rating of 3.6 out of 5 stars, based on 7,536 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 Insurance industry (3.6 stars).

Reviews by job title

8K reviews
3.0
Apr 3, 2017
Recommend
CEO approval
Business Outlook

Pros

People (not the high level management) Opportunities: in times of crisis, many opportunities come out, not in terms of salary but in terms of responsibilities, as much as you want

Cons

Underwriting hasn't been lately as valued as it used to be and now high level management imposes wrong underwriting strategies that are hurting the portfolios

2.0
Feb 8, 2017
Recommend
CEO approval
Business Outlook

Pros

Very nice 401k plan. 6% match plus 3% discretionary. The 3% was added when they stopped the pension plan. Decent grid level payouts. But good luck ever getting higher. You get a book of business but it's hit or miss if it even will pay much residual at all.

Cons

Valic is officially a captive agency now. You can only sell AIG/Valic annuities. Mutual funds now have to be in brokerage accounts and cannot be held at the fund company. Compensation is constantly changing and they only pay half street level commission their flagship FIxed indexed Ann. And that goes to grid also. Lowest grid level currently 35%. Valic is a typical insurance company trying to look like a full service brokerage/investment firm. Their brokerage operations are laughable. Took 3 months to execute transfer in kind. You cannot solicit individual securities even if licensed to. Wow I could keep going...

3.0
Aug 19, 2016
Recommend
CEO approval
Business Outlook

Pros

Long time employees really care about their job and the company. They do what it takes to get the job done despite ongoing compensation decreases. The drive to understand in great detail the business is unlike I've ever seen. They don't just process the work they know why and how to troubleshoot. In times of market distress everyone pulls together to get the job done well without complaining.

Cons

Ongoing pay cuts, increased medical costs, and decreased benefits. By in large new employees work 9-5 whether or not the job is done. There's a lot of time spent by management to bring up moral through games, awards, and the like. The firm is catering more to the younger generation at the expense of knowledge and dedication.

Viewing 70 - 72 of 7,536 Reviews

Glassdoor has 8,619 AIG reviews submitted anonymously by AIG employees. Read employee reviews and ratings on Glassdoor to decide if AIG is right for you.