Pros
Ability to work with some of the best talent in the investment management industry. Great pay and average benefits for an entry-level asset management role. Great location in Newport Beach. Nice gym and facilities. PIMCO is a great name on your resume and people who know anything about finance will be impressed you work here.
Cons
Long hours and poor work-life balance. Cutthroat culture and political work environment. Co-workers can't be trusted and the floor is not a very friendly environment. The onboarding process is a joke. Nearly impossible to transfer internally to another department or to be promoted to PM. Portfolio Managers are treated like gods and anyone below them aren't treated very well. Co-workers aren't interested in helping you learn and you practically have to beg for their time to teach you things. Part of the reason for this is because the firm is too lean and turnover is so high. If PIMCO did a better job onboarding employees and providing better career growth, the other "seasoned" employees wouldn't be so stretched thin since people wouldn't leave. I wouldn't recommend working here unless your a PM.