81. American International Group

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70 Pine Street

New York, New York 10270

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Undergrad Internships

No. of undergrad internships in:

2005: 99*

2006: 87*

2007: 70*

2006 interns from the following classes:

0% Freshman

0% Sophomores

67% Juniors

33% Seniors

0% Graduates

2006 interns from the following majors:

55% Business

1% Computer Science

15% Economics

3% Engineering

12% Liberal Arts

10% Math

1% Science

0% Undeclared

0% Other

100% of internships paid

0% of internships unpaid

Is there an offical summer internship program? Yes

Average length of summer program: 10 weeks

Minimum: NA weeks

Maximum: NA weeks

Average hourly wage: $16.00

Are interns paid on lump sum basis? No

Average total intern compensation: $9,200

35% of eligible 2006 interns received full-time job offers

90% of interns with offers accepted

NOTE: The intern numbers reported in this section include only those participating in formal structured Summer Associate Program. AIG also hires hundreds of college students outside of the formal structured programs.

Applicants & New Hires

12 undergrad campuses where employer recruited 2006-07

12 undergrad campuses where employer made job offers

Applicants for entry-level jobs

2005: 1,522

2006: 2,025

2007: 4,113

Entry-level hires

2005: 86*

2006: 87*

2007: 61*

Entry-level hires who were undergrad interns

2005: 19%

2006: 25%

2007: 21%

Most important characteristics for new hires:

1-Analytical Skills

2-Communication Skills

3-College GPA

2006 new hires majored in:

55% Business

1% Computer Science

15% Economics

2% Engineering

12% Liberal Arts

10% Math

1% Science

0% Undeclared

4% Other

...and are:

NA% African American

NA% Hispanic American

NA% Asian American

NA% Other

21% Total minorities

45% Female

NOTE: In this section, and throughout the profile, entry-level hiring data refers only to those candidates being recruited for formal, structured entry-level training programs. College graduates hired into entry-level positions outside of the training programs have not been included.

Salary & Benefits

Entry-level hires since Jan. 1

Average base salary: $45,000 to $49,999

0% earn less than $35,000

10% earn $35,000 to $39,999

21% earn $40,000 to $44,999

26% earn $45,000 to $49,999

35% earn $50,000 to $54,999

8% earn $55,000 to $59,999

0% earn $60,000 to $64,999

0% earn $65,000 to $69,999

0% earn $70,000 and above

Bonuses, Overtime & Perks

100% received signing bonuses

Average signing bonus: $3,000

21% received performance bonus first year on job

Average performance bonus, 2006: $2,500

100% of 2006 entry-level hires eligible for OT

0% of 2006 entry-level hires not eligible for OT

Reimburse employees for ed expenses?: Yes

Do employees become eligible immediately?: Yes

Maximum annual education reimbursement: $NA

Full grad school sponsorship for jr. level employees? No

Partial grad school sponsorship for jr. level employees? Yes

Time Off

Is there a Paid Time Off (PTO) Bank? No

If no, total paid vacation days:

During first year: 5

After 1 year: 10

After 3 years: 10

After 5 years: 15

After 10 years: 20

Total paid holidays: 9

Time off for religious observances: No

If yes, max PTO days:

During first year: NA

After 1 year: NA

After 3 years: NA

After 5 years: NA

After 10 years: NA

Total days off for religious observances: NA

Is flex time available? No

Sick, personal days, first year: 3

Health Benefits

Do entry-level hires have access to health plan? Yes

Employees pay part of the cost? Yes

Does health plan provide dental coverage? Yes

Extra charge for dental coverage? Yes

Does health plan provide vision coverage? Yes

Extra charge for vision coverage? Yes

Are same sex partners permitted as dependents? Yes

Pension and Profit-sharing

Do entry-level hires have access to 401(k)? No

NA months to full vesting in 401(k)

Max. company match as a percentage of salary: NA%

Min. employee set-aside as a percentage of salary to receive max. co. match: NA%

If 401(k) match not calculated as percentage of salary, explain:

Are entry-level hires eligible for co-funded pension? Yes

Months to full vesting in co-funded pension: 60

Are entry-level hires eligible for profit-sharing program? No

Months to full vesting in profit-sharing program: NA

Maternity/Paternity Leave

Maximum Maternity Leave

NA days during first year

NA days after 1 year

NA days after 3 years

NA days after 5 years

Maximum Paternity Leave

NA days during first year

NA days after 1 year

NA days after 3 years

NA days after 5 years

Other Benefits

Does company match employee charitable gifts? Yes

Max. annual company match for employee charitable gifts: $2,500

Does company pay relocation expenses? No

Max. annual relocation expenses? $NA

Employee Discounts

Car rentals*

Gym memberships

Cell phone/service

Insurance

Cultural events

Publications

NOTE: Employees and dependent family members receive discounts on lift tickets, retail items, rental equipment, ski/snowboard school, and lodging at Stowe Mountain Resort, a wholly-owned AIG subsidiary.

Work Environment

42 hours worked weekly by entry-level hires on average

Does average vary by business unit, department? Yes

Entry-level hire work locations...

0% in open work stations

100% in cubicles

0% in shared offices

0% in private offices

0% have no company-supplied work space

Does organization monitor e-mail?: Yes

Does organization monitor Web usage? Yes

Typical dress code

Formal/Business

Does organization sponsor employee volunteer opportunities? Yes

Does organization offer employee daycare? Not offered*

Does organization have fitness facilities on site? Facilities not available

NOTE: AIG offers emergency backup daycare for employess in most major US cities.

Training Programs

Does your organization have a formal orientation program? Yes

If yes, how many days is it? 1

Orientation includes:

Guest Speakers

Overview of organization

$10,833 average spent on training, per new hire, in 2006

Is there a formal leadership program for entry-level hires of a year or less? No*

NA

Do candidates apply directly? NA

If not, how is eligibility determined? NA

When are new hires first eligible? NA

Is program rotational? NA

If yes, number of locations or business units: NA

Minimum rotations: NA

Maximum rotations: NA

Length of program, in weeks: NA

Minimum: NA weeks

Maximum: NA weeks

After program, employees offered permanent positions: NA

After program, do employees offered permanent position receive raise? NA

If yes, amount of typical raise: NA

Is there a formal leadership program for entry-level hires of a year or more? No*

NA

Do candidates apply directly? NA

If not, how is eligibility determined?

NA

When are new hires first eligible? NA

Is program rotational? NA

If yes, number of locations or business units NA

Minimum rotations: NA

Maximum rotations: NA

Length of program, in weeks: NA

Minimum: NA weeks

Maximum: NA weeks

After program, employees offered permanent positions: NA

After program, do employees offered permanent position receive raise? NA

If yes, amount of typical raise: NA

Does company have formal mentorship program? No

NA% of entry-level hires participate

NA days of additional training expected

NOTE: AIG has training programs in underwriting, asset management, and accounting.

Getting Ahead

Three-year retention rate: 41%

Five-year retention rate: 21%

How are raises determined?

Performance

When are entry-level hires eligible for first raise? One-year anniversary

How are promotions determined?

Performance

When are entry-level hires eligible for first promotion? One-year anniversary

Evaluations

Frequency of evaluations

Twice a year

Important qualities

2-Analytical Skills

1-Productivity/Efficiency

3-Team Player

Other-Ethics

Min. tenure in years required for job change: 1

Describe any rules that apply:

Long-Term Prospects

Does position of VP exist at this organization? Yes

If not, is there a comparable title? NA

No. of employees who hold VP or similar title: 1,610

No. of employees with VP or similar title with 20 years plus seniority: 206

Age of youngest employee with VP or similar title: 28

Seniority of youngest employee with VP or similar title in years: 1