Pros
A good reason to work for Geico is job security. Being owned by Warren Buffet and backed by Berkshire Hathaway, you can rest assured that even in these difficult times, your job is secure as long as you are perfoming up to standards with the company. There are always opportunities to make more money with Geico as well. Employees who are reaching their performance goals can apply for higher positions within the company as soon as six months after their date of hire. Also, being an employee, you get the first look for promotion opportunities over new employees walking in the door.
Cons
There is very little job satisfaction. The management style is very authoritarian and top down. Lots of whip cracking and little real leadership. In that sense their behavior is very predictable. Management sets expectations without gaining consensus. This results in a constant death-march culture. Everything is late, over budget, and of poor quality. Many meetings are not discussions, but very unproductive and nasty fights between hard nosed insurance people. The strongest personality always wins rather than the best idea. This contributes to a poor work environment that is best described as stuffy. Did not seem to have as fun at Geico as I did at previous employers.