went through the AIG product manager interview process this spring for a senior PM role on their digital transformation team. there's almost nothing written about AIG PM interviews, so here's everything I can share.
the loop structure (5 rounds total): recruiter screen hiring manager intro call product case / take-home virtual onsite: 3 rounds in one day executive interview (added for senior)
the take-home product case: this was the most interesting part. they gave me a real-ish problem: "AIG is launching a digital-first renters insurance product. how would you define success for year one?" I had a week to prepare a 20-minute presentation.
they wanted: problem framing, customer segmentation, metric selection, risks, and a rough roadmap. the audience was an EM and two senior PMs. they asked hard questions, not softballs.
what stood out in debrief: they specifically wanted candidates who understood insurance economics. I had done research on loss ratios, combined ratios, and what makes a renters insurance product actually profitable vs just fast-growing. that context mattered.
onsite round breakdown: product sense: build a feature for AIG customers. I chose claims status tracking. got into depth on personas and pain points. execution: walked through how I've driven a product launch under ambiguity. a lot of "what did you do when you didn't have all the data" leadership and influence: stakeholder stories, working with legal/compliance, how I've handled a PM who had no authority but needed buy-in. this one tripped me up a bit.
the executive interview: big picture. why insurance. why now. what's my thesis on where insuretech goes. 30 minutes, surprisingly high-signal.
realistic comp range for senior PM: my offer was $175k base, 15% bonus target, very limited equity (this is AIG, not a startup). total comp was around $205-215k depending on bonus. NYC-based.
overall the process rewarded candidates who had thought seriously about financial services / insurance as a domain, not just generic PM frameworks.