Pros
They offer competitive benefits for the Richmond area. They have both a 401K and a pension (not the old kind of pensions). They pay pretty good, at least they did before the 2009 layoff. Some departments and businesses are really great to work at. They have a very good vacation benefit that combines all sick, personal and vacation days. If you don't get sick very often it's a good deal. Much of the middle management is very competent.
Cons
Very bureaucratic organization which is is very slow and resistant to change. They don't like anything to do with six sigma for some reason even thoguht they are a former GE business. Minorities are very under represented in the company. They hired someone to handle diversity then eliminated the position. The culture is a mishmash of different acquired businesses with a sprinkling of GE culture on top. The core values don't seem to be reflected in how the company works. There is very little cooperation business-to-business and corporate-to-business. It seems like the Mortgage Insurance business is a whole different company. It's difficult to move between functions because they require lots of experience for each of the different insurance and functional areas. So don't expect a lot of horizontal mobility.