Pros
The coffee in the basement cafeteria is surprisingly decent, and the building has a certain Gilded Age grandeur, if you're into that sort of thing. It serves as a constant, marbled reminder of a time when the institution likely functioned on principles other than pure, uncut chaos.
Cons
Listen up, all you bright-eyed consultants from the hallowed halls of MBB and the T2 firms. You've spent years honing your skills, crafting impeccable slide decks, and speaking the language of synergy and value creation. You're thinking of making the jump to "industry." Let me tell you what "industry" looks like from inside New York Life. It's a career graveyard with a view of the East River. The job they sell you in the interview is a phantom. That dynamic, strategic role where you are supposed to shape the future simply does not exist. What exists is a political labyrinth that makes the court of the Medicis look like a Quaker meeting. The culture is a toxic cocktail, one part Game of Thrones (without the dragons, but with all the backstabbing) and one part Hunger Games (a battle for scarce resources and recognition, where the odds are never in your favor). Meritocracy is a word they might have heard once in a business school textbook, but it certainly isn't practiced. Here, advancement is a function of sycophancy and your manager's position in the byzantine feudal hierarchy. Your pedigree, your carefully cultivated analytical prowess? Utterly worthless. The most jarring part is the casual, almost pathological, dishonesty. It permeates everything. They lie to prospective employees about the nature of the work. They lie to clients about the products they're peddling. They lie to the very agents they recruit to push said products. It's a system built on a foundation of sand, and the tide is always coming in. Managers, many of whom seem to have failed upwards into their positions, lead with a style that can only be described as institutionalized verbal abuse. Disrespect isn't an anomaly; it's the default setting.