3.0
Jul 31, 2016
Anonymous employee
Former employee, more than 5 years
New York, NY
Recommend
CEO approval
Business Outlook
Pros
The prior executive management were promoted internally - rising through the ranks. They were old school thinkers, but in a good way. They valued the concept of being a mutual life company and were not in favor of being a public owned life company, even though it probably would have made them richer. Salaries were below market rate, but the pension plan was outstanding. People working there for the most part are very friendly.
Cons
Times have changed, with new executive management in place. Pension plan is no more for new staff. Other cost cutting in place. Layoffs (right-sizing). Restructuring of the sales staff. Shaking out the old timers. Offices at the home office kind of drab and worn-out.