Pros

It is good experience in insurance with a large company.
The company does have potential.
Its behavioral insurance is fantastic.
You can get ahead if you know how to play the game.
Very little accountability so the jobs are relatively easy.

Cons

Low pay in comparison to competitors.
Short-sighted.
Benefits are truly horrible and embarrassing considering it is an insurance company.
Way too much debt, to the point that they are having a hard time covering pensions.

Advice to Senior Management

Stop jumping from what ever is the newest management style to the next new thing.
Read Good to Great and Built to Last and actually learn from it.