Pros
Rarely if ever work overtime, easy to impress people, name recognition, some cool people. Opportunities to work from home or flex (work extra time each day for an extra day off every two weeks), recently expanded parental leave which is helpful to some. If it's what you're into, it's possible to work your way up in the company; everyone in management started off as an entry level analyst and worked their way up. The work is pretty easy to pick up and the training program/hype train ease you into the work and allows for manageable expectations for the first 6 months of your employment.
Cons
Note: This is mostly for UPM (Underwriting and Product Management), but much of this also applies to rating (APR) who we work closely with Management - They say all the right things about how they want to empower you to do the work, but then they'll nitpick all of your analysis until you give in and just cherry pick the info that supports what they wanted to do anyway. Hesitant to try anything new, unless it's something a competitor just implemented in which case they want it immediately - which usually ends up being a sad copy of what they do because our IT can't keep up. Analytical Tools - GEICO's got plenty of data, but does not currently have systems capable of handling it effectively for analysis. No cloud product (for the moment, though that is a long story we won't get into here), and time limits are placed on sql queries which leads to you needed to create workarounds to those limits that wind up slowing the system even further. Compensation, Turnover - Management seems to think GEICO compensates on par with competition, yet analysts are constantly leaving for better pay elsewhere. A lot of our compensation is delayed to profit sharing, which you need to get vested in to actually see the full amount. Constant turnover at the analyst level has been brought up to management, who don't seem too concerned about it. Stability - For an industry so stable, it's incredible how quickly minds are changed regarding direction of the department and the teams within. Kind of specific to my team, but last year we constantly had analysts and supervisors rotated on and off the team, leading to no consistency from our output due to bringing people up to speed.