AIG traces its roots to 1919, when American Cornelius Vander Starr established a general insurance agency, American Asiatic Underwriters, in Shanghai, China. Since then, an enterprising spirit, ingenuity, and tenacity have built the company into one of the world's leading insurers. Today, AIG is focused on what it has been known for since the beginning: the willingness and ability to provide insurance coverage to meet the diverse needs of its clients. American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States.The staff at AIG come from unusually diverse demographic backgrounds. The company is 49.2% female and 45.8% ethnic minorities. Despite its diversity in other areas, AIG employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 66.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. AIG has great employee retention with staff members usually staying with the company for 5.2 years.The average employee at AIG makes $84,115 per year. In comparison, some of its highest paying competitors, like Apollo Global Management, Morgan Stanley, and BNY Mellon, pay $106,350, $103,933, and $86,819, respectively.Based in New York, NY, AIG is an industry leader with 49,600 employees and an annual revenue of $43.3B.
AIG's mission statement
We reduce fear of the future and empower our clients through our risk expertise and financial strength.
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No unified direction or strategy that actually conveys to action. Leadership sets north star direction, then everyone runs an independent, disconnected race to achieve their interpretation of the strategy.
AIG benefits
Number of days off
What do you like best about AIG's CEO and the leadership team?
Too late, they've already lost most of their tribal knowledge.
How would you improve AIG's culture?
Teach the new leadership that the OGs they've recently thrown away have value, and stop hiring hubris.
How does your compensation at AIG compare to the industry average?
Better than most
What's the diversity at AIG like?
It drove resentment among the rank and file.
What brings you the most joy at AIG?
Not working at AIG anymore.
Is this useful?
5.0
A zippia user wrote a review on May 2024
Pros of working at AIG
Good retirement program for saving.
Cons of working at AIG
Management.
AIG benefits
Retirement savings. Health insurance.
How does your compensation at AIG compare to the industry average?
Great.
What's the diversity at AIG like?
Great.
Is this useful?
1.0
A zippia user wrote a review on Feb 2023
Pros of working at AIG
Work from home
Cons of working at AIG
No cost of living increase, low salary , too many layoffs
AIG benefits
Decent PTO
Is this useful?
4.0
A zippia user wrote a review on May 2021
Pros of working at AIG
Working from
Cons of working at AIG
Too many layoffs and the company does not help with finding another position for anyone
AIG benefits
Flex time and working from home
Is this useful?
4.0
A zippia user wrote a review on May 2021
Pros of working at AIG
Working frim
Cons of working at AIG
Too many layoffs and the company does not help with finding another position for anyone
AIG benefits
Flex time and working from home
Is this useful?
5.0
A zippia user wrote a review on Mar 2021
Pros of working at AIG
The people and my position
Cons of working at AIG
Outsourcing
AIG benefits
working w/a my team they were the best
Is this useful?
3.0
A zippia user wrote a review on Mar 2021
Pros of working at AIG
People are knowledgeable and friendly in some areas and are willing to help
Cons of working at AIG
There were no flexible hours and no bonuses and alot of micromanaging in certain departments
AIG benefits
The salary was good.
Is this useful?
5.0
A zippia user wrote a review on Jan 2021
Pros of working at AIG
Ability to work from home, flexible work schedule
Cons of working at AIG
Layoffs happen too often
AIG benefits
Retirement/pension/401k
Is this useful?
5.0
A zippia user wrote a review on May 2020
Cons of working at AIG
Moderate pay, some team leaders weren’t very helpful.
AIG benefits
Many local and larger discounts, great healthcare and other perks
Is this useful?
3.0
A zippia user wrote a review on Jan 2020
Pros of working at AIG
Great people to work with and friendly environment.
Ability to work with cross functional teams supporting large strategic initiatives.
Cons of working at AIG
Timeline to get projects approved to start.
AIG benefits
401K and PTO
Is this useful?
2.0
A zippia user wrote a review on Jun 2019
Pros of working at AIG
The diversity
Cons of working at AIG
Leadership behaviors do not match the culture they say they want to create
AIG benefits
?
Is this useful?
The team at AIG
The founders of AIG is Cornelius Starr.
The key people at AIG are Peter S. Zaffino and Cornelius Starr.
Key people
Peter S. Zaffino
Cornelius Starr
The inside scoop
American General Life Insurance Company, Inc. offers life insurance products for the individuals. This company provides universal, index universal, variable universal, whole life, and term life insurance products. American General Life Insurance Company, Inc. was incorporated in 1960 and is based in Houston, Texas, and they operate as a subsidiary of AGC Life Insurance Company.
AIG rankings
AIG is ranked #70 on the Best Finance companies to work for in New York list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
We calculated AIG’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of AIG’s workforce.
AIG diversity summary. Zippia estimates AIG's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated AIG's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of AIG's workforce.
AIG has 49,600 employees.
49% of AIG employees are women, while 51% are men.
The most common ethnicity at AIG is White (54%).
16% of AIG employees are Hispanic or Latino.
14% of AIG employees are Asian.
The average employee at AIG makes $84,115 per year.
AIG employees are most likely to be members of the democratic party.
Employees at AIG stay with the company for 5.2 years on average.
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Were you satisfied with AIG's salary and benefits?
Opening Doors, Providing Opportunities: Interning at AIG
AIG financial performance
9.2
Performance score
Highest paying AIG competitors
Compare AIG salaries to competitors, including Apollo Global Management, Morgan Stanley, and BNY Mellon. Employees at Apollo Global Management earn the highest average yearly salary of $106,350. The salaries at Morgan Stanley average $103,933 per year, and the salaries at BNY Mellon come in at $86,819 per year.
Rank
Company
Average salary
Jobs
1
$106,350
0
2
$103,933
0
3
$86,819
0
4
$76,684
0
5
$75,483
0
6
$71,921
0
7
$71,689
0
8
$68,354
0
9
$66,351
0
10
$65,349
0
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Zippia gives an in-depth look into the details of AIG, including salaries, political affiliations, employee data, and more, in order to inform job seekers about AIG. The employee data is based on information from people who have self-reported their past or current employments at AIG. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by AIG. The data presented on this page does not represent the view of AIG and its employees or that of Zippia.
AIG may also be known as or be related to AIG, American International Group, American International Group Inc, American International Group, Inc. and aig valic.