Now there’s an oxymoron: An insurance salesperson “too ethical” to make money. “former” employees of a company who make wholesale indictments about things are to be taken with a grain of salt. AIG’s employee turnover rate is among the lowest in the industry. In any relationship there are situations that don’t workout. Yours sounds like one of them. If AIG had the chance to weigh-in on their satisfaction with you I wonder what it would say. The two “whiners” from NJ must not have enough work to do. High profile companies like AIG cannot afford to have abusive HR policies like those alleged. Too bad we don’t adopt English Law so when they lose their ridiculous case they have to pay AIG’s defense costs.
If I do recall there is a portion of the Property and Casualty test for ethics. Guess you failed that one.
In my time at AIG I constantly exceeded quality and productivity standards. I just wasn’t low enough to give some home owner with two new cars 15/30/15.
as for the turn over rate. i saw hundreds of people come and go. there are so many “smaller” parts of AIG no one knows about, AIGM, AIGCS, AIGSBU. people think its one company, but its not, and not all the rules are the same from company to company. Some had casual dress code, some had business. some had off on Columbus day and some didn’t.
Insurance is the most legal scam i know and all i can do it try to help a person not buy to much of something they don’t need and make sure they are covered for what they need.
All AIG ever meant to me was Aggravation Is Guaranteed!
Actually, I know a kid who today does in fact walk up hill to and from school. He has a split family. Leaves Dads house in the morning and walks up hill to school. Goes to Moms house after school, which is in the other direction, still going up hill. So . . . it can happen.
Jim B. Nice try but I think my CPCU designation proves otherwise. Point is, two mal-contents do not represent most people at any organization. As for insurance being a “scam”, I think most people would disagree. The only “scam” occurs when, as you point out, agents/brokers sell coverages that aren’t needed. That’s the inherent problem with commission sales…..it creates an incentive to sell as much as you can, not what the customer needs. Have a good evening.
Insurance = Scam? Then go bare. No one is forced to buy insurance – unless you want to drive a car and want a mortgage for a house. Hmm. Why might a state care if you carry auto insurance or a mortgage company care if you have homeowner’s insurance. Because they know accidents happen every day. And most people don’t have enough personal assets or expertise to pay for and negotiate their way through a liability or first party loss. Why do you work in this business if you believe it to be so unethical?
Geez Jim!
When the going gets tough, the tough get going.
Translation: If your job is really that bad, QUIT!. It seems that you have already taken that course, but have some heavy residual issues. Maybe a couple of swigs of your namseske will be beneficial. For god sake man, CHILL!!
You’ve got to be kidding me…..Unions? They’ve long out-lived the purpose they served in manufacturing back in the early 1900’s. The only thing unions have done for this country is to retard productivity, artificially inflate wages for unskilled workers, and make US automakers non-competitive. You can thank unions for making Detroit a virtual ghost town and crippling the big 3 that are now struggling to pay their unskilled workers the riduculous benefits the unions demanded. “protect the job”, set a “production rate”, “don’t do anything more than you have to under the almighty contract”. These are the mantra’s of unions. They have no place in the insurance industry and no respectable professional would even consider joining one. The only perceived leverage they have is the “strike”. In other words, when it can’t get what it wants, it inconveniences everyone else in the world to leverage the company to capitulate. Unions are dinasaurs.
With everyone so quick to condemn the accusers because we can’t stand whiners, is it possible that they actually ARE due overtime and AIG didn’t pay them?
Yikes…you remind me of a manager I used to have. Insisted…no…DEMANDED everyone do overtime. Made the Christmas season miserable for everyone.
Oh yeah…he (and the company) had to deal with EEOC charges (which they lost).
As to your comments about a 40 hour or 5 day work week, some of us choose to have a life and know that work isn’t the be all to end all. I don’t want my tombstone to read “I wish I had spent more time at the office”.
As to the alligations against AIG, it doesn’t surprise me. AIG is a meat-grinder. Everyone knows that.
Employees are getting tired of employers demanding they put work over God, family, and sleep, and getting paid jack squat for it.
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Now there’s an oxymoron: An insurance salesperson “too ethical” to make money. “former” employees of a company who make wholesale indictments about things are to be taken with a grain of salt. AIG’s employee turnover rate is among the lowest in the industry. In any relationship there are situations that don’t workout. Yours sounds like one of them. If AIG had the chance to weigh-in on their satisfaction with you I wonder what it would say. The two “whiners” from NJ must not have enough work to do. High profile companies like AIG cannot afford to have abusive HR policies like those alleged. Too bad we don’t adopt English Law so when they lose their ridiculous case they have to pay AIG’s defense costs.
Dread,
If I do recall there is a portion of the Property and Casualty test for ethics. Guess you failed that one.
In my time at AIG I constantly exceeded quality and productivity standards. I just wasn’t low enough to give some home owner with two new cars 15/30/15.
as for the turn over rate. i saw hundreds of people come and go. there are so many “smaller” parts of AIG no one knows about, AIGM, AIGCS, AIGSBU. people think its one company, but its not, and not all the rules are the same from company to company. Some had casual dress code, some had business. some had off on Columbus day and some didn’t.
Insurance is the most legal scam i know and all i can do it try to help a person not buy to much of something they don’t need and make sure they are covered for what they need.
All AIG ever meant to me was Aggravation Is Guaranteed!
Actually, I know a kid who today does in fact walk up hill to and from school. He has a split family. Leaves Dads house in the morning and walks up hill to school. Goes to Moms house after school, which is in the other direction, still going up hill. So . . . it can happen.
Jim B. Nice try but I think my CPCU designation proves otherwise. Point is, two mal-contents do not represent most people at any organization. As for insurance being a “scam”, I think most people would disagree. The only “scam” occurs when, as you point out, agents/brokers sell coverages that aren’t needed. That’s the inherent problem with commission sales…..it creates an incentive to sell as much as you can, not what the customer needs. Have a good evening.
Insurance = Scam? Then go bare. No one is forced to buy insurance – unless you want to drive a car and want a mortgage for a house. Hmm. Why might a state care if you carry auto insurance or a mortgage company care if you have homeowner’s insurance. Because they know accidents happen every day. And most people don’t have enough personal assets or expertise to pay for and negotiate their way through a liability or first party loss. Why do you work in this business if you believe it to be so unethical?
Excellent point, if you don’t want it don’t buy it. And by the way, don’t drive uninsured as I’m out there, somewhere!!!!
Geez Jim!
When the going gets tough, the tough get going.
Translation: If your job is really that bad, QUIT!. It seems that you have already taken that course, but have some heavy residual issues. Maybe a couple of swigs of your namseske will be beneficial. For god sake man, CHILL!!
You’ve got to be kidding me…..Unions? They’ve long out-lived the purpose they served in manufacturing back in the early 1900’s. The only thing unions have done for this country is to retard productivity, artificially inflate wages for unskilled workers, and make US automakers non-competitive. You can thank unions for making Detroit a virtual ghost town and crippling the big 3 that are now struggling to pay their unskilled workers the riduculous benefits the unions demanded. “protect the job”, set a “production rate”, “don’t do anything more than you have to under the almighty contract”. These are the mantra’s of unions. They have no place in the insurance industry and no respectable professional would even consider joining one. The only perceived leverage they have is the “strike”. In other words, when it can’t get what it wants, it inconveniences everyone else in the world to leverage the company to capitulate. Unions are dinasaurs.
With everyone so quick to condemn the accusers because we can’t stand whiners, is it possible that they actually ARE due overtime and AIG didn’t pay them?
Yikes…you remind me of a manager I used to have. Insisted…no…DEMANDED everyone do overtime. Made the Christmas season miserable for everyone.
Oh yeah…he (and the company) had to deal with EEOC charges (which they lost).
As to your comments about a 40 hour or 5 day work week, some of us choose to have a life and know that work isn’t the be all to end all. I don’t want my tombstone to read “I wish I had spent more time at the office”.
As to the alligations against AIG, it doesn’t surprise me. AIG is a meat-grinder. Everyone knows that.
Employees are getting tired of employers demanding they put work over God, family, and sleep, and getting paid jack squat for it.