Good Benefits, Pay Could Be Better
I was a Financial Analyst at AIG's New York City office for a few years. It's a massive insurance company, so the benefits package is definitely a plus. However, I often felt like the base salary wasn't really keeping pace with market rates or even the cost of living in NYC.
The health insurance is really comprehensive; it's a huge perk. Dental and vision coverage are solid too. For a big corporate insurance firm, the 401k match kicks in pretty well after you're vested, which is a good deal for financial analysts thinking long-term.
Base pay for Financial Analyst roles felt a bit low, especially for the workload. Annual raises were usually pretty small, not always keeping up with inflation or what other finance positions pay. It's tough when you're working in the New York City office and constantly feel underpaid compared to industry standards.
Re-evaluate salary bands for junior and mid-level finance positions, especially in high-cost-of-living areas like New York City. Fair compensation helps with employee retention and morale, making AIG more competitive in the insurance industry.