Pros
Huge Company. If you want to work overseas there are opportunities...if you know the right people! Benefits package was recently reviewed. Newer staff get a much better package now days. (longer serving staff did lose out though in the revamp) A good place to "learn the ropes" about insurance, the company is still respected for its product innovation and underwriting discipline. Flexible working package (opportunity to work from home)
Cons
Constant restructuring is unsettling. A sense of change prevails but this has been ongoing for nearly 4 years. A lot is expected of employees at all levels. Management can be somewhat autocratic Lay offs are a constant threat given the ongoing restructuring and cost reduction exercises. Recently introduced grading system is not fully understood or accepted in the organization. There is a feeling of mistrust around how this is has been rolled out. A better job market will certainly see a huge swathe of lower level staff leaving the organization.
