Hey there, whenever I create a shape layer from illustrator artwork in After Effects, the new shape shows up way off of the work area. Check the screen shot. See blue thing in the upper right? That's where shapes always go to when I create shapes from vector layer. Why is this happening? Can it be fixed?
Import your illustrator file as a composition retaining layer sizes. Try it again. See how that works. If it doesn't post a sample Illustrator file and I'll try it.
Your OS, AE version and composition setup would also be helpful.