Going downhill fast, fast, fast
Pros
Pleasant co-workers, very casual dress code (Phoenix, AZ location)
Cons
I used to not only love my work at Chubb, I was proud to work for them because of their integrity and corporate mindset. Then we were bought out by ACE insurance and everything has changed. They may have kept the Chubb name but it's just a veneer over the ACE mindset. They have taken away the pension and reduced other benefits while increasing the cost to employees. They have changed the yearly review system to the extent that employees feel completely unappreciated, even if they are very high achievers. The underwriting dept has been told to write anyone for anything, no matter how risky or inappropriate. Employee groups for diversity have been banished. Morale is low and getting lower. And the CEO is a narcissistic "leader" who doesn't want to mingle with the little people. I expect both serious downturn in customer service (excellent customer serving is what Chubb was known for) and a mass exodus of experienced employees. I used to recommend Chubb to folks looking for work in any dept, at any level. No more.