3.0
23 Apr 2014
Anonymous employee
Former employee, more than 10 years
New York, NY
Recommend
CEO approval
Business outlook
Pros
Used to be the pension and job security, but both of those are gone now.
Cons
Never recovered from near collapse in 2007. Totally changed focus and strategy that made it a world class operation and leader in the insurance industry. Ability to "do the deal" is gone. No looking for ways to write business, but more about trying to re-write the business and becoming just like everyone else. Do not care about the employees at all. Many unhappy people over there. Layoffs have been rampant for years, just done quietly as they were under the federal bail out and that wouldn't have looked good in the papers.