Pros
Benefits are slightly above average. The work can be interesting. FM Global's business model is unique. Interesting clients with unique challenges in commercial property insurance. Like every job, you'll find some nice and smart colleagues.
Cons
Culture of fear and distrust. Leaders have not cultivated listening skills that would allow them to be open to understanding the experience of working at FM Global that goes beyond their narrow frame of reference for what FM Global is or should be. They lack imagination or curiosity about people (employees) other than themselves, or people in power who they 'need' to get something they want. They dismiss employees who disagree with them and undermine FM Global's foundation of mutuality in doing so. Leadership relies heavily on positional power/title as their source for garnering respect rather than their actions. They make ego-driven, emotionally-charged decisions that impact their employees negatively with little to no consequences for their actions. This will continue on because no one in power is strong enough to admit when they've failed. Employees are continuously surveyed but nothing changes, allowing leadership to say they care by getting feedback, but unfortunately for them "yes" without the "how" means nothing, and employees are noticing. Mid-level management is unwilling to deliver bad news to senior leadership for fear it will cost them their job. This isn't unique to FM Global, but managers promote people they perceive to be like themselves so the culture perpetuates. The parts of the company I've been exposed to are sexist. Women who survive in this environment often criticize other female employees if it benefits their career. FM has tried women's networking events, women's this or that... tokenizing the female experience at FM Global instead of actively integrating women into the company by giving them leadership positions or paying them the same as their male colleagues. Men act like going to work is the same as hanging out with the boys, and often lack professionalism. This is pretty typical for corporate in an engineering company, but FM Global isn't doing anything unique or creative to try to fix this problem. They are not an industry leader in this regard. FM Global operates cheaply for how much money they have. Senior leadership lacks confidence in themselves on topics that are outside engineering, so they bring in management consulting firms to help them make decisions/manage IT-related projects. Like any company with management consulting, FM Global pays the management consultants far more than they pay their employees. Employee morale is crushed when management consultants take their ideas and take credit for them. Upper management thinks that the management consultant is doing great work, when really, they set up meetings, build slide decks, and co-opt other people's good ideas as their own. But the biggest problem is that they are not incentivized to solve real problems, they are incentivized to have more billable hours. Employees are expected to work a ton of overtime to get the work done with nothing additional to show for it. Compensation at FM Global is low for the above and beyond contributions of employees.