3.0
Jun 19, 2008
Current employee
Chicago, IL
Recommend
CEO approval
Business Outlook
Pros
Overall a good company to work for, where team work is promoted. More recently the Executive Management team has done a tremendous job of communicating the companies advantages and flaws and a clear road-map for where the company needs to go.
Cons
First, the cyclical nature of the Insurance industry results in regular downsizing as the company refocuses on particular lines of business within its portfolio of Property and Casualty business. Secondly, the company's Underwriting and Claims groups have had prior issues resulting in non-sufficient reserves. These inadequte results in the company getting pounded by rating agencies dragging the company lower in rankings amongst its competitors.