Pros
Pays good money, has good benefits, and you can garner claims experience. During deployments you get CAT pay which can earn you quite a bit of additional money.
Cons
Overworked. Very hard not to burn out. Seems like management is fully aware of the dissatisfaction and employee turnover/burnout but cares more about numbers than people. They tell you you're a salaried employee and use that to justify overworking you. Deployment schedule is a mandatory 21 days on with 7 days off. They will give you absolutely as many claims as they can on a deployment. 4 - 5 per day is not unusual. They're slow to accept PTO, if they accept it at all. I was told on multiple occasions by management the shelf life of a CAT adjuster is only 1 - 2 years. Seems like it should be treated more like a temporary opportunity than a full time job because there is almost no chance of longevity.