Pros
* Some remaining very dedicated and hard working employees * Large organization with deep market penetration
Cons
* The organization is relying too much on over-simplified quantitative analytics in place of entrepreneurial spirit, product growth/innovation and good old solid insurance business relationship leadership and development. There is no simple black box for managing a leading P&C organization. All of these facets need to be measured. Too much reliance on one at the expense of the others ... * The organization has lacked a strategic business and organizational vision, in practice, for several years now. This has been evidenced by their haphazard approach to repeated organizational change, especially since the passing of the last leader the organization, Robert Benmosche and, especially since the Fall of 2015. Numerous grand business re-orgs/re-alignments and staff changes have already been scrapped several times within months and even weeks of their announcements. Talk about low morale and confusion within the employee ranks ... * Company reacting too haphazardly to outside investor pressures as well as Compliance and Regulatory environments ... as opposed to designing the best business strategy to drive market valuation for the organization. * Remember, Management does NOT equal LEADERSHIP. Many very good leaders have left the organization or were forced to retire, leaving mediocre managers to carry out never ending organization restructurings, without any true leadership convictions. * Although a large organization with large presence in many different market segments around the globe, due to the lack of strong Executive, Senior and Mid-level Management leaders left in the organization with solid insurance business knowledge and broker/client relationship skills, I would not recommend this company to young new hires looking to establish a career. Recommend other top P&C Insurance Companies instead, such as Berkshire Hathaway Specialty Insurance and the new Ace/Chubb, to name a few.