Use "Financial Advisor" Loosely - Anonymous employee AIG Employee Review

1.0
Sep 17, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

If you don't care about clients you can make a lot of money.

Cons

Being a financial advisor at Valic means that you work to make your manager look better on his or her corporate "scorecard." The last thing on the company's mind is the performance of client accounts. They even have a managed money platform (GPS) that the client pays an additional fee for and management says the program isn't "designed for better performance." It is a simple target date type investment that the client pays outrageous fees for. All Valic cares about is that their "advisors" enroll as many people as possible and bring in as many new assets as possible. If you are already a financial advisor at a firm don't get sucked into this 403b scam that takes advantage of unsophisticated investors (mainly teachers). Valic is horrible for the clients they serve and if you bring up how badly the investments perform you are immediately told that your job isn't managing money for the client it is enrolling new ones. If Valic clients really knew what goes on there they would run for the hills.

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Pros

Good company culture and company morals align well

Cons

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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.

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