Pros
Excellent insurance benefits, 6% 401k match, pension, paid parking, work from home- though this is very dependent on your manager, mostly intelligent, nice people who care about doing a good job, name recognition. Exposure to a variety of accounts of all sizes- you won't be bored.
Cons
Cost cutting measures have decreased staff and constant changes with no clear direction of the end game is causing FUD (fear, uncertainty and doubt ) in the field. FUD is resulting in resignations of high performing staff who were not RIF'd further increasing workload for those left to sweatshop status. To keep up with the increased workload demands, you will need to work on your pto days because there is not anyone to back you up. Remaining managers are unsympathetic to their new reports workload demands as they have no experience with the particular department they now manage (nor any authority for it) and can't step in to help and won't consider suggestions to boost morale. RIF's were primarily people who made the most money not based on rating, experience or results. Analytics rule the day- expect to spend much of the underwriting process in several different "data capture" processes.