Pros
Very well known brand with customer loyalty Benefits package such as 401k with match, retirement plan, & healthcare benefits are quite generous for entry level Loss ratio is among the lowest in the entire industry Tendency to hire from within
Cons
A very sleepy company lacking in talent throughout. Employee quality is very low due to brain drain, lower cash compensation, & chaotic work environment Agent compensation is comparatively lower that other companies. Veterans from rank and file to senior management are set in their ways Widespread systematic disorganization. Multiple systems & department are segregated Jealousy, mistrust, and feelings of entitlement due to seniority from employees (top to bottom) Company is not run as a for profit business, although it is a not for profit. Wasteful spending. Veteran senior management is not familiar with dealing with the current economic slowdown. Fresh management from outside AAA usually come from outside the insurance industry, creating problems.