Pros
Some professional freedom (within certain roles), a moderately decent benefits program offering. There are some good and very knowledgeable people within this organization who can be excellent resources for expanding one's knowledge base of the insurance business.
Cons
In-fighting, bullying, and lots of office politics create the unfortunate need to constantly "cover your backside." Rather than work together as a team or take personal accountability for issues, co-workers will constantly look for any opportunity to pass blame off onto you in favor of attempted self-preservation. There is a tremendous lack of professional integrity within this organization in my opinion. Check the turnover rate at the office you plan to work; there are definitely reasons that there are some positions are difficult to fill or turn-over regularly. The hours are long, and the demands are extremely high as well. Don't plan on much in the way of a positive work-life balance. Not much is available as far as internal training or professional development. Salaries, bonuses and raises (in the rare instance that they occur) are considered minimal to average at best.