Pros
Prior to the recent merger with ACE, Chubb had operated as a competitive, challenging and enjoyable place to work; a company which recognized and respected the value, experience and expertise of its employees. Despite salaries always being less competitive than the rest of the marketplace--it helped bridge that gap by offering a good work/life balance, pension program, and decent PTO policy.
Cons
A lot of Chubb's best talent has either been downsized or driven out as a result of the merger, telling me that ACE leadership is oblivious to the role which Chubb's employees and its culture have played in its long-term success. Although decision-making and execution have not always been a strong suit at Chubb ("due diligence" taken to the extreme perhaps), ACE seems to pride itself on its "fire, ready, aim, and fire again" approach to doing business...something which isn't likely to impress many "old" Chubb agents or customers.