Pros
Low work pressure (except for some teams) Employee centric company Opportunities to learn UK / US Insurance market (Office provides you with books, allow you to take a mock test, if you clear that you get a chance to go for the actual UK / US insurance exam, company gives you a monetary reward for every exam you clear and increases CTC, but if you fail the exam you pay the company the exam fee) Leaves can be taken (not too much of planning required. management is empathetic) If you are luck, you might get to go on shore for a couple of weeks (and sign a bond of one year)
Cons
Career progression is extremely slow. Too much crowd at the associate & analyst level, making promotion extremely difficult. Management doesn't review your performance regularly (They stick to their opinion about you) So, if you have gotten on the wrong foot with your reporting officer, you career progression is stopped (this is coming from someone who has spent over 4 years, worked with four different reporting officers, had a promotion, and is about to leave) Associate & analyst group is the working force and is not treated that great. GOSSIP culture - everybody gossips & creates their own version of the story. Too bad if you are not into gossiping Transition trips are used by the management to keep employees around (agreed! that is one of the management tricks used in all industries). But these people use it to keep employees around and keep denying them promotion. So if you fly, you are stuck with the same pay package & same designation and sign a bond of 1 year.