Pros
As a mutual company, Nationwide has great work/life balance as well as job security. There is opportunity to work in many areas across the company. Additionally, given the balance between insurance and financial services, the company has a strong financial position. Gallup employee engagement scores are built into the compensation structure for management. This drives both desirable as well as undesirable behaviors.
Cons
If you do not like the idea of working in Columbus or Scottsdale or Des Moines, depending on the role you're interested in, Nationwide may not be the place for you. Culturally, many areas of the company are not very open to temporary or long term virtual work arrangements. Unlike former places I have worked, I get the vibe that many senior leaders at Nationwide are arrogant (at the SVP level and above). This is CERTAINLY not true of all leaders, but it is a vibe that I have consistently felt during my experience here. While Nationwide is moving in the right direction uniting as one organization, and while it claims to be member-focused, culturally Nationwide has a long ways to go before it can truly say it is customer-centric in every breath it breathes. Base compensation is strong. However, annual performance bonuses and raises are very small (bonuses for non-leadership level roles will generally be around 1.5-2.5% depending on company performance; raises even for great performers may be at max around 4%). Additionally, while Nationwide has a pension, it is not a multiplying pension. That is, it's value is a mere percentage of your salary for each year worked, and does not grow much compared to a traditional pension. 401K matches 3% up to your 6% contributions.