Full-Time
Global insurer underwriting policies and investments
$96k - $129k/yr
Company Historically Provides H1B Sponsorship
Philadelphia, PA, USA + 3 more
More locations: Chicago, IL, USA | Jersey City, NJ, USA | Atlanta, GA, USA
In Person
Primarily in-office collaboration is expected.
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AIG is a global insurer offering life, retirement, and commercial insurance for individuals and businesses. Customers pay premiums in exchange for coverage; AIG underwrites policies, pays claims, and invests premium income to earn returns, with a focus on risk assessment and data security. It stands out with a broad global presence and a diversified portfolio that includes Corebridge Financial, a subsidiary focused on retirement planning. Its goal is to help clients manage risk, protect assets, and achieve long-term financial security through comprehensive insurance and retirement solutions.
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1919
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Health, dental, & vision coverage
Flexible Spending Accounts (FSA)
401(k)
PTO
Commuter Expense Reimbursement Account
American International Group (AIG) shares currently trade at $77.05, down 9% year to date despite rising 3% over the past month. The stock has delivered a 50.4% total shareholder return over three years. The most popular valuation narrative suggests AIG is 10.9% undervalued, with a fair value of $86.45. This assessment relies on the company's digitalisation and artificial intelligence initiatives across underwriting and claims, which could enhance operational efficiency and margins. AIG generated $26.7 billion in revenue and $3.2 billion in net income. However, the stock trades at 12.9 times earnings, above both the US insurance industry average of 11.3 times and its own fair ratio of 12.7 times. Key risks include climate exposure and claims inflation potentially pressuring margins.
American International Group has appointed Thomas Stoddard as an independent director, aligning with its planned CEO transition to Eric Andersen on 1 June 2026. Stoddard will serve on the Audit Committee. Stoddard brings extensive experience across insurance, asset management and investment banking, including CFO roles at Aviva and Athora, and currently serves on Prudential Financial's board. His background in capital structure, mergers and acquisitions, and reinsurance may inform AIG's decisions on capital allocation, buybacks and portfolio reshaping. The appointment strengthens board oversight ahead of the leadership change, particularly around risk management, underwriting discipline and balance sheet strength. Investors can monitor how Stoddard's influence appears in future disclosures on business mix and capital priorities as AIG navigates the transition.
American International Group reported what CEO Peter Zaffino called an "exceptional" first quarter, with strong underwriting results and double-digit premium growth in General Insurance. Net premiums written in General Insurance increased 18% year-over-year on a constant dollar basis, driven by Global Commercial Insurance (up 21%) and Global Personal Insurance (up 11%). Adjusted pre-tax income rose 65% to $1.5 billion, whilst underwriting income more than tripled to $774 million. The accident year combined ratio improved 120 basis points to 86.6%. Calendar year combined ratio reached 87.3%, improving 850 basis points year-over-year. The company reported $132 million in favourable prior-year development, primarily from US property and Financial Lines. Adjusted after-tax income per diluted share rose 80% to $2.11.
Insurer AIG reported a sharp rise in first-quarter adjusted profit, driven by strong underwriting performance and a 66% decline in catastrophe-related charges to $180 million. General insurance underwriting income more than tripled to $774 million compared to the previous year, when the industry faced substantial claims from Los Angeles wildfires. The New York-based company's adjusted after-tax income attributable to common shareholders reached $1.15 billion, or $2.11 per share, up from $702 million a year earlier. Net investment income rose 8% to $915 million on an adjusted pre-tax basis. AIG increased its quarterly dividend to 50 cents per share and said it remains on track to meet or exceed its 2026 financial objectives. CEO Peter Zaffino, who will step down in mid-2026, cited confidence in navigating global risks whilst delivering profitable growth.
AIG reported fourth-quarter revenues of $6.95 billion, up 1.4% year-on-year and in line with analyst expectations. However, the company missed book value per share estimates significantly whilst narrowly beating earnings per share forecasts. The multi-line insurance sector tracked four stocks that collectively beat revenue estimates by 11.4% in the fourth quarter, though it was described as a slower period overall. Share prices across the sector have held relatively steady since results were announced. AIG's stock has risen 4.2% since reporting and currently trades at $78.14. Chairman and CEO Peter Zaffino called 2025 "an exceptional year" for the company, citing progress against strategy and strong financial results. Multi-line insurers face challenges from climate-driven catastrophe losses whilst benefiting from higher interest rates on investment portfolios.