what a mess - Product Origination AIG Employee Review

1.0
21 Jan 2016
Recommend
CEO approval
Business outlook

Pros

I was doing product origination for variable unit life and structured credit. AIG's size enabled me to have top of the line investment banks as my fund providers and account managers who call me back right away - Goldman, Citi, HSBC, Morgan Stanley, JP Morgan etal. It's a good brand even post bailout which really helps on the retail end.

Cons

AIG in Asia in 2011 onwards was chaotic. This was after the Asia unit was spun off to AIA. The top heads specifically the country managers in Asia got the boot. I met up with former colleagues in 2016 and the attrition of upper management was still pretty high. Nevertheless, the old guard who survived the cuts made innovation very difficult. Paying premiums through your credit cards ??? The company doesn't even have a merchant account. It was also pretty clear that the investment banks were pretty much telling us what to sell instead of AIA coming up with its own product ideas ie country indices, sector indices. Our own research department was pretty much useless. I swear they can only do government bonds.

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5.0
30 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great place to work at

Cons

Large Company, with many locations

3.0
22 Jun 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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