Pros
Good salary, standard benefits, and if you're a new grad you'll find a strong network of other new grads there so there are no shortage of friends to be made
Cons
You'll need to suck up to management in order to have any chance of being promoted or getting a good raise. Working hard and doing a good job is not enough. It's much more effective to do an OK job or a half ass job and constantly make yourself aware to the big players in the company like the program managers and project leads. Annual performance reviews ask for feedback from the people you work with so feedback from these people is far more valuable than the ones from your peers. This determines your raise and chances of promotion more than anything else. Even if you do manage to get a good raise, don't expect a huge one. It tops out at 3% if you're lucky.