Pros
You will have some degree of freedom in the design and execution of your work, which can be a good learning experience. However, don’t expect to always have a good mentor or a voice of reason you can fall back to within your team, which leaves you with a sense of uncertainty about your work, especially if you are still in the early to mid stages of your career. Office location and benefits are ok.
Cons
Do not expect to have an overall stable or fulfilling engineering experience. You will be met with many unrealistic expectations, forced to execute work that is in a subpar state just to keep the appearance of delivering and closing projects, which you will be later blamed for and forced to clean up when something eventually breaks. Engineering quality is extremely team/project dependent, with no sense of overall company expectation or culture in that regard, even if the complexity of the product demands it. Recognition in engineering teams is mainly catering to fast delivery rather than quality of the work.