Pros
I am given the tools I need to do my job, without being micromanaged. I have the freedom to get my work completed the way I see fit and as long as it satisfies the needs and goals of the region then I am good to go. The Risk Management Development Program that I went through a few years ago has only gotten better and has continued to improve. The manager of the RMDP, Geo Andino, is an excellent manager and a huge resource to learn from.
Cons
There are so many stakeholders that many times it is confusing who we want to satisfy. We have the underwriters, customers, managers, upper management, etc. They all are looking for something different and occasionally you have to tell your manager that this ins't something you are going to do because it competes with something that another stakeholder - many time a more important stakeholder - is requesting. Also, it sometimes is difficult to get away from work. We have plenty of vacation and time off but it is difficult to take all that time and not have work pile up on you. You either work really hard the week before to take time off, or you have to play catch up for a week or two after some time off. While not a huge deal, it defeats the purpose of taking time off when you have to put two weeks of effort into one week to take another week off.