aig summer internship program – distribution internship... · aig group retirement summer...

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AIG Group Retirement Summer Internship Program About AIG The American International Group (AIG) is a leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. AIG is a global organization in every sense of the word, going back to the company’s roots in Shanghai in 1919 and continuing to this day wit h one of the largest insurance networks in the world, with more than 85 million clients across four major areas. The property-casualty business counts 98 percent of the Fortune 500 among its clients and the life and retirement business includes market leading products in fixed and variable annuity sales, individual term and universal life insurance, and defined contribution retirement plans for educators. United Guaranty is the number one provider of mortgage insurance in the United States. In addition, the company’s global functions employ the best and the brightest in areas such as asset management, marketing and communications, legal, human resources, finance, and IT. The firm employs approximately 57,000 people working around the world generating $64 billion in revenue, with nearly 30 percent of revenue coming from outside the U.S. and Canada. Program Description Joining the AIG Summer Internship Program is a great way to enhance your business acumen and gain insight into our industry. As a Summer Intern, you will work closely with mentors and colleagues, as you are challenged with meaningful, business-critical projects. In addition to your day-to-day responsibilities, you will also be exposed to other business areas within AIG to gain a broader knowledge of what we do. During the summer, AIG will have the opportunity to assess your fit with the organization and your potential contribution to one of our full-time programs. Additionally as interns, you will have the opportunity to consider AIG as part of your future career plans. After a week of orientation and intensive training, Summer Interns will join one of our business lines, each of which offers a unique opportunity of working in a diverse, global and collegial environment. Summer internships exist in several functional areas, including: Actuarial, Claims, Finance, Human Resources, Investments, Legal and Compliance, Operations and Systems, Risk Management, Sales and Marketing, Science and Underwriting. AIG’s culture encourages and offers early recognition for achievement, in addition to increased responsibility. Summer Interns will have exposure to senior business leaders as well as a mentoring network to foster individual, professional relationships. The Summer Internship Program lasts approximately 10 weeks and is targeted to students entering their final year of their undergraduate or graduate education. In addition to the experience acquired on the job, interns have the opportunity to participate in learning seminars, volunteer activities and networking events. About VALIC VALIC specializes in retirement savings and investment products and services, including individual variable and fixed annuities, group retirement products, mutual funds, financial planning and investment advisory services and guaranteed investment contracts. VALIC has more than half a century of experience helping Americans plan for and enjoy a secure retirement and we are a leading provider to K-12 schools, higher education, and government and healthcare institutions. VALIC has been in the 403(b) market since its inception writing the first K-12 403(b) programs almost 50 years ago. About the VALIC Internship Opportunity The VALIC Financial Advisor Internship Program offers the brightest college students the opportunity to acquire hands-on experience in the financial services industry. Selected students will receive targeted training and the opportunity to apply academic learning with life experiences to support individual career aspirations. This internship program is designed to provide a strong foundation toward becoming a successful financial advisor within the VALIC organization. The VALIC Financial Advisor Internship Program focuses on five key areas within the VALIC sales division including Operations, Marketing, Practice Management, Financial Planning and Asset Management. Interns will report directly to the Regional Vice President and will be connected to a network of industry leaders who will provide training and coaching in each of the key areas to get real-life applicable experience and career building lessons. Additionally, the VALIC Financial Advisor Internship Program will supplement university curriculum with development of interpersonal skills, relationship building, and industry content. It is designed to be a 10 week program and is based out of the company's Regional Offices in various metropolitan areas.

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Page 1: AIG Summer Internship Program – Distribution Internship... · AIG Group Retirement Summer Internship Program ... is a leading international insurance organization with operations

AIG Group Retirement Summer Internship Program

About AIG The American International Group (AIG) is a leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. AIG is a global organization in every sense of the word, going back to the company’s roots in Shanghai in 1919 and continuing to this day with one of the largest insurance networks in the world, with more than 85 million clients across four major areas. The property-casualty business counts 98 percent of the Fortune 500 among its clients and the life and retirement business includes market leading products in fixed and variable annuity sales, individual term and universal life insurance, and defined contribution retirement plans for educators. United Guaranty is the number one provider of mortgage insurance in the United States. In addition, the company’s global functions employ the best and the brightest in areas such as asset management, marketing and communications, legal, human resources, finance, and IT. The firm employs approximately 57,000 people working around the world generating $64 billion in revenue, with nearly 30 percent of revenue coming from outside the U.S. and Canada.

Program Description Joining the AIG Summer Internship Program is a great way to enhance your business acumen and gain insight into our industry. As a Summer Intern, you will work closely with mentors and colleagues, as you are challenged with meaningful, business-critical projects. In addition to your day-to-day responsibilities, you will also be exposed to other business areas within AIG to gain a broader knowledge of what we do. During the summer, AIG will have the opportunity to assess your fit with the organization and your potential contribution to one of our full-time programs. Additionally as interns, you will have the opportunity to consider AIG as part of your future career plans.

After a week of orientation and intensive training, Summer Interns will join one of our business lines, each of which offers a unique opportunity of working in a diverse, global and collegial environment. Summer internships exist in several functional areas, including: Actuarial, Claims, Finance, Human Resources, Investments, Legal and Compliance, Operations and Systems, Risk Management, Sales and Marketing, Science and Underwriting. AIG’s culture encourages and offers early recognition for achievement, in addition to increased responsibility. Summer Interns will have exposure to senior business leaders as well as a mentoring network to foster individual, professional relationships.

The Summer Internship Program lasts approximately 10 weeks and is targeted to students entering their final year of their undergraduate or graduate education. In addition to the experience acquired on the job, interns have the opportunity to part icipate in learning seminars, volunteer activities and networking events.

About VALIC VALIC specializes in retirement savings and investment products and services, including individual variable and fixed annuities, group retirement products, mutual funds, financial planning and investment advisory services and guaranteed investment contracts. VALIC has more than half a century of experience helping Americans plan for and enjoy a secure retirement and we are a leading provider to K-12 schools, higher education, and government and healthcare institutions. VALIC has been in the 403(b) market since its inception writing the first K-12 403(b) programs almost 50 years ago.

About the VALIC Internship Opportunity The VALIC Financial Advisor Internship Program offers the brightest college students the opportunity to acquire hands-on experience in the financial services industry. Selected students will receive targeted training and the opportunity to apply academic learning with life experiences to support individual career aspirations. This internship program is designed to provide a strong foundation toward becoming a successful financial advisor within the VALIC organization.

The VALIC Financial Advisor Internship Program focuses on five key areas within the VALIC sales division including Operations, Marketing, Practice Management, Financial Planning and Asset Management. Interns will report directly to the Regional Vice President and will be connected to a network of industry leaders who will provide training and coaching in each of the key areas to get real-life applicable experience and career building lessons. Additionally, the VALIC Financial Advisor Internship Program will supplement university curriculum with development of interpersonal skills, relationship building, and industry content. It is designed to be a 10 week program and is based out of the company's Regional Offices in various metropolitan areas.

Page 2: AIG Summer Internship Program – Distribution Internship... · AIG Group Retirement Summer Internship Program ... is a leading international insurance organization with operations

Program Overview Throughout the VALIC Financial Advisor Internship Program, Interns will receive specific training towards starting a career in the financial services industry. On the Job Training –Interns will be mentored by industry veterans on various aspects of the Financial Advisor role. This includes: - New client acquisition - Financial Planning - Asset Allocation - Marketing practices - Practice Management - Territory Management

Individualized Learning – Financial Advisor Interns are expected to complete both self-study and instructor guided curriculum, which includes: - Product Training - Business Planning - Sales Techniques - Technical and Systems Training Mentoring/Peer Network - With the assistance of the management team, Financial Advisor Interns are able to develop a strong network of relationships throughout all levels of the organization Upon completion of the program, Financial Advisor Interns should have a solid understanding of the retirement services industry, the products and investment solutions offered and the organization’s core competencies. After successfully completing the program , Financial Advisor Interns should be prepared to move into a Financial Advisor position at VALIC.

Qualifications Required:

Minimum grade point average of 3.2 (unofficial transcript required upon application)

2 years of college level education and on track to graduate with within 18 months

Proven leaderships skills to pursue each rotation with enthusiasm and focus

Demonstrated organization skills, ability to multi task and set priorities, as demonstrated through activities or work experience

Excellent communication skills –oral and written presentation

Excellent interpersonal skills – builds relationships easily, works well in teams

Proficiency in Word, Excel, and PowerPoint

Preferred: AIG seeks candidates who have excelled in previous work experience, demonstrated outstanding academic and extracurricular achievement, possess strong analytical, quantitative and interpersonal skills, and are enthusiastic about and committed to the insurance industry.

The ideal candidates will be bold thinkers with an entrepreneurial bent, and will possess a powerful blend of IQ (technical skills, consistent learning, statistical & financial acumen) and EQ (adaptive communication, empathy, listening skills, challenging with humility).

We also look for a diverse background of experience, culture, and thought. Successful candidates typically have a global perspective and a record of successful teamwork.

Locations VALIC internship positions are available in Roseville, CA, Phoenix, AZ, Chicago, IL, Durham, NC, Bedminster, NJ, Atlanta, GA and Tampa, FL.

How to Apply We will begin accepting applications for 2015 Summer Internships on December 1, 2014. Please apply online by visiting www.aig.com/careers.