Pros
GEICO is a fast-paced organization with traditional style of management for operations and strict quality control. As far as corporate positions are concerned, GEICO likes to promote from within. So there is a strong corporate culture unique to the organization, low cost provider. GEICO keeps its costs low where possible. The buildings are not the fanciest, but they grow on you. However GEICO offers very competitive salaries and has a really good profit sharing plan for all associates at all levels. There is a very good sense of job security, which comes at a price of getting accustomed to some traditional managing methods (not as much flexibility of work hours in all departments, but some are flexible). The management hierarchy is flat (which also means management overhead is low). But GEICO does rely on individuals to take ownership and perform at their best. Most associates have been in their positions for a very long time and are experts at what they do. GEICO also actively hires from outside and also does college recruiting. So fresh ideas are also coming in. In general, I have found GEICO associates to be at the top of their game, yet very down to earth. Normally you have to deal with a lot of egos in order work with that talent level. The fact that GEICO provides a great service to its customers at lower costs and has conservative fiscal management makes you feel good to be a part of this organization. Although every associate gets the same percentage bonus every year, individual excellence is highly appreciated and rewarded with salary increase and promotions.
Cons
Although GEICO provides excellent professional equipment needed to perform one's job, the infrastructure takes some getting used to. There are some very nice conference rooms but most are fairly basic. No free coffee. No plasma screens in the break rooms or ping pong tables. But they do have high quality gyms. The work environment is pretty basic too with cubes and not much art on the walls. This is of course not a necessity but a pleasant and comfortable work environment can be one of the top priorities for some professionals. The company encourages ideas from associates at all levels, but the chain of command is respected and followed.